Category: Mining

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10 Non-Crypto Ways to Make Money in Crypto

  The cryptoverse offers a wide variety of ways to earn an income. From mining and staking to yield farming and selling NFTs, there’s seemingly something for anyone tech-savvy enough to make crypto work for them.  But there are also non-crypto ways to make money in crypto. Read on to discover a list of just…
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EU Institutions to Continue MiCA Discussions Without Bitcoin Mining Ban Proposal

  As the European Parliament continues its work on the crypto-focused MiCA regulation, Stefan Berger, a German member in charge of shepherding the legislation, has announced that his mandate to lead inter-institutional talks on MiCA was not scrapped — thus advancing the regulation towards adoption without a controversial provision that would ban proof-of-work (PoW) consensus…
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Exxon Mobil is using excess natural gas to power crypto mining: Report

The oil and gas giant launched the pilot program in January 2021 and is now reportedly considering expanding it to Nigeria, Argentina, Guyana, and Germany. United States-based energy producer Exxon Mobil has reportedly been running a pilot program aimed at using the energy from excess gas to power crypto mining rigs — and it may…
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Time to Legalize and Tax Bitcoin Mining in Russia, Say Deputy PM, Academic & Think Tank

  The voices calling for Russia to legalize Bitcoin (BTC) and crypto mining are continuing to grow louder, with the Deputy Prime Minister, prominent academics, and a leading economic think tank all suggesting that legislation should be rolled out in the near future. RBC reported that the Russian Deputy Prime Minister Alexander Novak had spoken…
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Analysts Keep Reduced Hashrate Estimate for Bitcoin Despite Growth Exceeding Model

  A new report from the crypto-focused financial services firm BitOoda has reiterated a reduced hashrate projection for the Bitcoin (BTC) network for 2022, despite hashrate growth so far this year being stronger than expected…. Read More: Analysts Keep Reduced Hashrate Estimate for Bitcoin Despite Growth Exceeding Model  Read more »Pay, Trade, Buy Bitcoin with…
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Kazakhstan Police Shut Down Another Crypto Farm Amid Ongoing Crackdown on Mining

Law enforcement officers in Kazakhstan have busted another mining facility as they continue to crack down on illegal activities in the sector. The crypto farm, located at a railway station, is the latest targeted mining operation in the country which has been struggling with its power deficit. Authorities in Kazakhstan Seize Over 100 Mining Rigs…
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Bitcoin rally hopes diminish as pro traders flip bearish, retail interest at 12-month lows

A symmetrical triangle shows support at $38,000 but pro traders have failed to add leverage long positions, according to exchanges’ data. Bitcoin (BTC) has been trapped in a symmetrical triangle for 56 days and the trend change could last until early May, according to price technicals. Currently, the support level stands at $38,000, while the…
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Another Crypto Exchange Eyes Nasdaq, Polkadot’s Parallel Finance + 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 Exchange Eyes Nasdaq, Polkadot’s Parallel Finance + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Bitcoin Miners Catch a Second Break With Another Downward Difficulty Adjustment

Five days ago, Bitcoin’s hashrate had shown improvement as it increased 15% over the course of ten days and today, the computational power remains above the 200 exahash per second (EH/s) region. Meanwhile, bitcoin miners caught another break on Thursday, as the network’s mining difficulty adjusted downward for the second time in a row, making…
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Stranded no more? Bitcoin miners could help solve Big Oil’s gas problem

Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem? The energy usage and environmental impact of Bitcoin (BTC) mining have been frowned upon and been under the scanner by various international financial institutions. The International Monetary Fund (IMF) mentions how Bitcoin mining consumes “vast amounts of computing…
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