Category: Mining

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G7 to Discuss Crypto, Aave’s Lens Protocol Goes Live, Terra’s Team Shrinks + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________  … Read More: G7 to Discuss Crypto, Aave’s Lens Protocol Goes Live, Terra’s Team Shrinks + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Study: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate

New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate. While China commands close to 22% of Bitcoin’s global hashrate, the United States currently dominates with 37.69%, according to CCAF researchers. China Is Still the World’s…
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Crypto Payments on Shopify, Cloudflare Plays With Ethereum, EY & Polygon + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____   Crypto platform Crypto.com launched its Crypto.com Pay service to all merchants who use the Shopify e-commerce platform to enable purchases using crypto…. Read More: Crypto Payments on Shopify, Cloudflare Plays With…
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China’s Global Bitcoin Hashrate Share Leaps up from Zero to Over 21% – Report

  The latest Cambridge Bitcoin Electricity Consumption Index (CBECI) hashrate figures will make interesting reading for anyone in the Bitcoin (BTC) mining space. Last year, the University of Cambridge’s Judge Business School reported that the “leading share” of global Bitcoin network hashrate “now sits in the United States, followed by Kazakhstan and Russia.” Indeed, per…
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China returns as 2nd top Bitcoin mining hub despite the crypto ban

China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year. The Chinese government has not managed to take down cryptocurrency operations as part of its crypto ban last year as China has re-emerged as one of the world’s largest Bitcoin (BTC)…
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Another Crypto Tax Haven in Danger, Goldman’s & Nomura’s Moves, DEI Depegs, NFTs on Spotify + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______… Read More: Another Crypto Tax Haven in Danger, Goldman’s & Nomura’s Moves, DEI Depegs, NFTs on Spotify + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Celsius Network’s crypto mining subsidiary SEC filing suggests plans for IPO

The SEC requires companies in the United States to file an S-1 registration for shares to be listed on a national exchange, like the Nasdaq or New York Stock Exchange. Celsius Mining, the mining subsidiary of crypto lending platform Celsius Network, has filed paperwork with the United States Securities and Exchange Commission, or SEC, suggesting…
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Bitcoin bulls aim to flip $30K to support, but derivatives data show traders lack confidence

The BTC futures premium flashed a slightly positive reading, but options markets show extreme fear from whales and market markers. Bitcoin (BTC) bounced 19% from the $25,400 low on May 12, but has investor confidence in the market been restored? Judging by the ascending channel formation, it’s possible that bulls at least have plans to…
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Ethereum Hashrate Taps an All-Time High Amid This Week’s Crypto Market Meltdown

Amid the crazy week in the world of cryptocurrencies and the Bitcoin network’s mining difficulty reaching a lifetime high at 31.25 trillion, Ethereum’s hashrate tapped an all-time high on May 13, at block height 14,770,231. Cryptocurrency miners continue to dedicate large quantities of processing power toward the second-largest crypto network in terms of market capitalization.…
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Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown

Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic, considered one of Russia’s capitals of underground coin minting, carry out regular raids against such facilities. Cryptocurrency Miners in Dagestan Accused of ‘Illegal Entrepreneurship’ Officers from the Ministry of Internal…
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