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PortuguêsBitcoin and other altcoins have suffered massive losses since May. But after a point, things started changing a bit. For example, bitcoin that fell to $17K on June 18 recovered…
Continue ReadingA finance officer believes it is necessary to sell the mined assets abroad to avoid the adoption of crypto in internal payments. Kirill Pronin, head of Russian Central Bank (CBR)’s…
Continue ReadingAuthorities in Uzbekistan have drafted and put forward for public consultations a set of rules for crypto miners operating in the country. Companies that want to mint digital currencies will…
Continue ReadingSamsung is reportedly trialing the production of 3nm foundry processing for chips enabling bitcoin miners to operate faster and with less power consumption. Samsung is reportedly in a trial production…
Continue ReadingData shows the price of the Bitcoin ASIC miners has plunged down to the lowest value since January of last year as mining profitability drops off. Prices Of Bitcoin ASIC…
Continue ReadingThe company reported its operations in the United States will have an initial capacity of 3 megawatts, aiming for the firm’s total hashrate to be more than 1.6 EH/s. White…
Continue ReadingThe TON blockchain has always been proof-of-stake, while the mining of toncoin began “spontaneously and randomly” in 2020, according to the TON Foundation. The TON Foundation, an organization developing the…
Continue ReadingTo mine, or not to mine, that is the question. Professional Bitcoin miners discuss the nuance of BTC mining and whether now is a good time to get started. Your…
Continue ReadingBitcoin looks like a different planet this year, according to several popular on-chain metrics. Bitcoin (BTC) bear markets come in many shapes and sizes, but this one has given many…
Continue ReadingThe key to survival for Bitcoin miners boils down to the delicate balance between the revenue and the operating cash flow. Bitcoin (BTC) visiting the $20,000 range after one and…
Continue ReadingThe executive order spares all the mined assets from taxation and bans mining anonymous currencies. The National Agency of Prospective Projects (NAPP) in the 34-million nation of Uzbekistan enunciated its…
Continue ReadingCryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The…
Continue ReadingStablecoins like USDT and USDC would be doing just fine if properly regulated, while Bitcoin is a “Ponzi scheme” in any case, China’s BSN chair told Cointelegraph. Amid the Chinese…
Continue ReadingThe recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company ordered miners to suspend activities citing electricity…
Continue ReadingRussian law enforcement is looking into the alleged theft of mining hardware valued at around $1.9 million. The powerful computing equipment disappeared from a crypto mining hotel in Irkutsk, the…
Continue ReadingThe Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power. The overall power consumption of…
Continue ReadingIs gold becoming inflationary? Can Bitcoin replace it as a store of value due to its scarcity and reliability? Are Uganda’s numbers implausible? Questions arise. These are fraught times for…
Continue ReadingInvestigative work argues that on-chain metrics are proving miners have capitulated, while whales appear to be lone Bitcoin dip-buyers. Bitcoin (BTC) miners may have already sparked a “capitulation event,” fresh…
Continue ReadingDuring the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday,…
Continue ReadingData shows Bitcoin miner revenues have been coming under stress recently as they are now making 61% less than the average during the last year. Bitcoin Miner Revenues Come Under…
Continue Reading“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment,” said chief financial…
Continue ReadingAuthorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid…
Continue ReadingBitcoin manages a weekly close above $20,000, but the market is on a knife edge — can miners hold out this week? Bitcoin (BTC) starts a new week still battling…
Continue ReadingEarlier this month, Marathon said it has been accumulating or “hodling” its Bitcoin since October 2020. As of June 1, 2022, the firm held approximately 9,941 BTC. Despite data showing…
Continue ReadingRussian crypto mining operator Bitriver will use electricity generated from associated gas provided by Gazprom Neft to mint digital coins. As part of a new agreement, the mining company will…
Continue ReadingWhile bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18. At the time of…
Continue Reading“Digital assets, and their related mining activities, are essential to the economic future of the United States,” said the group of 14 lawmakers. A group of 14 United States senators…
Continue ReadingOne of the world’s largest producers of carbon emissions, the Russian gas giant Gazprom aims to reduce its carbon footprint by providing its flare gas for Bitcoin mining. The Russian…
Continue ReadingA fresh report from the Bank for International Settlements comes to a radical conclusion, claiming that the public identities of intermediaries are necessary to fight “miner extractable value.” Since 2020,…
Continue ReadingGovernment officials in Kazakhstan have approved regulations that will govern interactions between authorized coin trading platforms and traditional financial institutions. The new rules will allow registered cryptocurrency exchanges to have…
Continue ReadingNumerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done. In the summer of…
Continue ReadingExchange platforms will get an opportunity to operate legally in Astana international finance center in 2022. In addition to its swift advances toward regulating crypto mining, Kazakhstan will launch a…
Continue Reading$20,000 feels scary, but it may not be the end of the story for Bitcoin’s latest bear cycle. Bitcoin (BTC) near $20,000 is worrying the market, but after narrowly avoiding…
Continue ReadingMeltem Demirors sat down with Cointelegraph to express why the industry needs to focus on privacy and freedom when it comes to regulations. “I like to call myself a future,…
Continue ReadingAfter reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low of 182 exahash per second (EH/s). While…
Continue ReadingDespite the crypto winter, the conference drew in 17,000 people to discuss the crypto regulatory landscape, Web3 development and the future of digital assets. “Everything is bigger in Texas” proved…
Continue ReadingChinese mining chip designer Nano Labs has applied for an initial public offering (IPO) in the United States to raise $50 million on Nasdaq amid sluggish market conditions. Chinese mining…
Continue ReadingNew generation Bitcoin mining machines would remain profitable even if the BTC price crashes by another 50%. Older Bitcoin (BTC) mining rigs are finding it difficult to generate positive revenues…
Continue ReadingBitcoin mining’s climate impact has been heavily criticized, but the emissions of corporate cash and investments have often flown under the radar. The Carbon Bankroll Report was released on May…
Continue ReadingWhile Bitcoin’s mining difficulty was expected to decrease two days ago on June 8, instead the difficulty increased by 1.29% on Wednesday. On the same day, at block height 739,928,…
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