Category: Mining

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

Visa’s NFT Move, Shiba Gets Own DEX, Polygon ID, Huobi ETFs in Hong Kong + 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. __________ ____(Updated at 15:44 UTC with the Blockchain news section.)… Read More: Visa’s NFT Move, Shiba Gets Own DEX, Polygon ID, Huobi ETFs in Hong Kong + More News  Read more »Pay,…
Read more

As Bitcoin’s Hashrate Remains Elevated, BTC’s Mining Difficulty Expected to Reach a Lifetime High

During the last month, Bitcoin’s hashrate has been coasting along above the 200 exahash per second (EH/s) zone, minus a number of drops here and there above and below that range. Following two difficulty changes that saw the difficulty decrease by 1.84%, the network’s difficulty is expected to increase 4.24% within the next 13 hours.…
Read more

Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency

In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has also confiscated equipment worth millions of dollars. Malaysia Police Announce Results From Crackdown on Illegal Mining Since 2020, Malaysian authorities have detained a total of…
Read more

Bitcoin Miners Set to See a New Difficulty High as ‘Tectonic Shifts’ Bring ‘New Opportunities’

  Bitcoin (BTC) mining difficulty seems likely to break another record in a matter of hours, yet again cutting into the decreasing profit margins of miners.  At 14:47 UTC, it is estimated that the Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, will rise some 4.19% in less…
Read more

Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining   

The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business at the federal level. Russian Official Proposes Regional Energy Quotas for…
Read more

Ripple’s Larsen Teams Up With Greenpeace & Co to Spend USD 5M on Recycling Bitcoin Mining FUD

  One of Ripple’s top executives has stoked the ire of the Bitcoin (BTC) community again, with a fresh assault on the way the network operates and its supposed environmental impact. After last year launching what miners tagged “the stupidest idea” of 2021, suggesting that the Bitcoin protocol should abandon the “climate disaster” of proof-of-work…
Read more

NY Regulator To Speed Up Crypto Licensing, New Crypto ETPs, Web3 Council + 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: NY Regulator To Speed Up Crypto Licensing, New Crypto ETPs, Web3 Council + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

‘Bitcoin in Cowboy County’ — New Documentary to Feature Gas-to-Bitcoin Mining Solutions in Central Wyoming

According to the bitcoin mining operation and mining rig reseller, Compass Mining, a new documentary will be released that covers the bitcoin mining operations in central Wyoming. The documentary, called “Bitcoin in Cowboy County: Wyoming’s Powder River Miners,” will premiere at the Empower Conference in Houston, Texas, on March 31. Compass Mining and JAI Energy…
Read more

Russia Looks to Bolster its Bitcoin & Crypto Mining Industry Amid War in Ukraine

  Russia appears keen to foster its Bitcoin (BTC) and crypto mining sector – and appears to have assured miners that sanctions, imposed due to Russia’s invasion of Ukraine, will not impede their ability to continue mining tokens. However, the long legal struggle for legalization is continuing – despite the intervention of some of the…
Read more

Bitcoin Investments Hit 3-Month High, Solana Outpaces Ethereum + 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: Bitcoin Investments Hit 3-Month High, Solana Outpaces Ethereum + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card