Category: Mining

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Russian Central Bank Still Opposes Crypto Regulation Plans

  The race to launch crypto regulations in Russia could still be halted by the country’s Central Bank, which, despite reports to the contrary, is still not happy about recently unveiled plans to “legalize” crypto and bring the industry under a regulatory umbrella. But the pro-business (and reservedly pro-crypto) Ministry of Finance has moved to…
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USD 100M BlockFine, Indian Central Banker vs. Crypto, BTC & ETH Flows Changed + 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: USD 100M BlockFine, Indian Central Banker vs. Crypto, BTC & ETH Flows Changed + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

‘Up only’ for BTC fundamentals — 5 things to watch in Bitcoin this week

Record hash rate and difficulty provide a positive overture to some uninspiring price moves, with Bitcoin now offering network security never seen before in its history. Bitcoin (BTC) starts the week with a slow drag downhill towards pivotal support at $40,000. After bulls had something to celebrate last week, the current environment looks like a…
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Bitcoin network hash rate explodes to a new all-time high of 248.11 EH/s

The network hash rate jumped 31.69% — from 188.40 EH/s to 248.11 EH/s — in just one day, further ensuring resilience against attacks on the Bitcoin network. The Bitcoin (BTC) network has recorded a new hash rate all-time high of 248.11M TH/s as of Feb. 12, 2022, further securing the decentralized ecosystem through a growing…
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Intel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver ‘1000x Better Performance per Watt’

The California-based technology company and the world’s largest semiconductor chip manufacturer by revenue, Intel, has revealed the company will “contribute to the development of blockchain technologies” by offering “energy-efficient accelerators.” Intel executive Raja M. Koduri explained that the company expects its circuit innovations will deliver “1000x better performance per watt” than today’s GPU or SHA256-based…
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What is the Ethereum Arrow Glacier upgrade?

A modification brought about by the Ethereum Arrow Glacier upgrade was the postponement of Ethereum’s “difficulty bomb” until June 2022. What should you mine after ETH goes PoS? After Ethereum switches to the PoS consensus method, mining will be split into smaller, less well-known coins. Just a few examples include Ravencoin and Ethereum Classic. Neither…
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Intel Confirms its Crypto Mining Plan, Uber Repeats its Crypto Intentions + 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: Intel Confirms its Crypto Mining Plan, Uber Repeats its Crypto Intentions + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

New Russian Law ‘Will Dampen Public’s Interest in Crypto’, Says Biz Leader

  A business leader has said that a soon-to-be-unveiled Russian draft crypto regulation bill – which proposes bringing crypto into a strict regulatory framework – is effectively a way to discourage Russians from using cryptoassets…. Read More: New Russian Law ‘Will Dampen Public’s Interest in Crypto’, Says Biz Leader  Read more »Pay, Trade, Buy Bitcoin…
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Students Mining Crypto in Dorms May Face Criminal Prosecution in Russia, Lawyer Says

University students in Russia minting digital currencies in their dormitories risk penalties and even criminal charges, according to a legal expert quoted by local media. The warning comes as Russian authorities are trying to curb crypto mining with cheap energy in residential areas. Mining May Turn Into Risky Undertaking for Russian Students As more and…
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Sustainable Bitcoin miner uses waste heat to dry wood

Not only does one Norwegian Bitcoin miner boast 99% renewable energy stats but it’s even using waste heat to dry out timber and soon seaweed. Norway is a bastion for renewable energy management in Europe. As much as 99% of Norway’s energy derives from hydropower while the grid often enjoys a green energy surplus.  But for…
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