James Butterfill is Investment Strategist and Christopher Bendiksen is the Bitcoin Research Lead at major European digital asset investment firm CoinShares. __________ Bitcoin (BTC) had an immediate price response to the Ukraine invasion when the news broke early this morning. It has become evident that, at present, bitcoin is behaving as a risk asset,…
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Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news comes amid electricity shortages and upcoming tax hikes that are turning miners away from the Central Asian nation. Bitcoin Miners Start Pulling Machines Out of Kazakhstan Companies, legally operating mining…
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Russia’s Ministry of Finance has explained how it plans to regulate – and tax – the nation’s crypto mining sector…. Read More: Russian Finance Ministry Outlines its Vision of Bitcoin Mining Regulation Read more »Pay, Trade, Buy Bitcoin with Credit Card
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: Warner Music Goes for Blockchain Gaming, Mintable Recovers Stolen NFTs + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The new crypto mining facility in Sarnia, Ontario is expected to operate at 16 megawatts by the end of this month and will be scaled to operate at 28 MW by May. Blockchain company Bitfury announced the launch of a new crypto-mining data center in Ontario, Canada. The new crypto mining center adds to the…
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Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry announced the closure of over a dozen facilities minting digital currencies.
Government Shuts Down Unauthorized Crypto Mining Operations Across Kazakhstan
Local departments of the Committee for Atomic and Energy…
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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: Terra Ecosystem Gets USD 1B Injection, Grayscale’s Bitcoin ETF Campaign + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Government efforts to identify and disconnect mining farms from the electrical networks will continue, according to the announcement. The Ministry of Energy of the Republic of Kazakhstan announced that it had discovered and terminated 13 cryptocurrency mining operations. The government executed the shutdown as part of its efforts to regulate the Bitcoin (BTC) mining sector, which…
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30 ETHDenver hackathon finalists that pitched their ideas to a team of crypto veterans and were competing for up to USD 5,000 in prizes, largely focused on solving common pain points across various segments of the Ethereum (ETH) ecosystem. Let’s take a closer look at some of the projects that competed during one of…
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Russia’s Ministry of Finance says it has formally submitted its draft bill on crypto regulation to the government – a move that could finally put an end to the political in-fighting that has dogged politicians in their bid to police the industry…. Read More: Russia Inches Closer to Crypto Regulation as Ministry Hands Gov’t…
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