Category: Mining

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Craig Wright & Deadlock, Randi Zuckerberg Gets a Crypto Task + 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: Craig Wright & Deadlock, Randi Zuckerberg Gets a Crypto Task + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Bitcoin sees first downward difficulty move in 5 months amid ‘uncertainty’ over hodler spending

Long-term holders have distributed 5.8% of BTC accumulated since March, findings confirm. Bitcoin (BTC) is in a tight battle between bulls and bears and the network is now reacting, data shows. Trackers reveal that this week, Bitcoin difficulty snapped an 18-week green streak to post its first decrease since July. Difficulty adjusts to 20% BTC…
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Grayscale vs. SEC, Fidelity’s Bitcoin ETF, Investments in Metaverse, NFTs + 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 17:20 UTC with a paragraph about the Hashed Venture Fund II)…. Read More: Grayscale vs. SEC, Fidelity’s Bitcoin ETF, Investments in Metaverse, NFTs + More News  Read more »Pay, Trade,…
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Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal

After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose acquisition company (SPAC) deal. Griid will be listed on the New York Stock Exchange (NYSE) after merging with the company Adit Edtech. Griid to Go…
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Russian Governor Who Slated Miners in October Now Plans to Welcome Them

The Governor of a Russian province who just weeks ago was blasting crypto miners has now offered to help them set up shop in the region and provide support for people mining tokens. As reported in October, the Irkutsk Region Governor Igor Kobzev called on the Russian Deputy Prime Minister and key power sector policymaker Alexander…
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Fed Chair on Higher & Not Transitory Inflation, Yellen On Stablecoins + 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: Fed Chair on Higher & Not Transitory Inflation, Yellen On Stablecoins + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Bitcoin Mining Difficulty Breaks the Longest Gain Streak Since 2018

Bitcoin (BTC) mining difficultly dropped this past Sunday for the first time in four months. Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, went down by 1.49%. This relatively small drop is significant nonetheless as it’s the first one since the end of July this year. The difficulty…
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Immersion Cooling Gets Attention From Miners Wanting to Squeeze More Power Out of Equipment

Bitcoin mining companies are now increasingly experimenting with immersion cooling, a form of cooling that allows them to get more hashpower out of existing miners. According to industry insiders, this cooling alternative will become mainstream in the future, as leading companies are already taking advantage and retrofitting these cooling devices to existing mining operations. …
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More Regulations Proposed to ‘Streamline’ Mining Sector in Kazakhstan

Authorities need to expand the regulatory framework for cryptocurrency miners, a member of the parliament in Kazakhstan has suggested. The additional rules should streamline their activities and help correct the forming public opinion that they are responsible for the country’s electricity deficit. Crypto Mining in Kazakhstan Needs Additional Regulations, Lawmaker Says New regulatory requirements and…
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Data Shows a Myriad of Crypto Networks Are More Profitable to Mine Than Bitcoin

As the end of the year approaches, digital currency values have risen a great deal in 2021 and crypto asset miners have been profiting as a result. According to statistics, the most profitable coin to mine at the end of November is kadena, as an 18 terahash (TH/s) machine can get up to $326 per…
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