Category: Mining

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Today in Crypto: National Australia Bank to Create a Stablecoin, Customers Sue Compass Mining, NYX Professional Makeup Announces a DAO

January 19, 2023

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: Today in Crypto: National Australia Bank to Create a Stablecoin, Customers Sue Compass Mining, NYX Professional Makeup Announces a DAO  Read more »Sign up for e-EUR – the progressive stablecoin

Today in Crypto: Coinbase Halts Japan Operations, Digital Currency Group is Suspending Quarterly Dividends, Amber Group is Slashing Costs and Jobs

January 19, 2023

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: Today in Crypto: Coinbase Halts Japan Operations, Digital Currency Group is Suspending Quarterly Dividends, Amber Group is Slashing Costs and Jobs  Read more »Sign up for e-EUR – the progressive stablecoin

Crypto miner explains how Bitcoin mining stabilizes grids

January 18, 2023

Hut 8 CEO Jaime Leverton explains how Bitcoin mining can stabilize grids, create jobs and generate tax revenues in an exclusive Davos interview. 2022 was “the perfect storm” for Bitcoin (BTC) miners, according to Jaime Leverton, CEO of Hut8 Mining — one of the largest crypto miners and digital asset experts in the space.  Leverton…
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Bitcoin Rally Pushes Crypto Mining Stocks Up – What’s Ahead?

January 18, 2023

After a year-long winter accompanied by massive losses in the mining sector, the recent Bitcoin recovery is a relief to miners. Moreover, the Bitcoin price rally has rubbed off on crypto mining stocks as they witness the highest performance in the past year. In the 2022 bear market, public crypto miners recorded up to $4…
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Today in Crypto: Digital Yuan Used to Buy Securities, Monex Group Interested in FTX Japan, Bitget Launches Copy Trading in Spot Market

January 18, 2023

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: Today in Crypto: Digital Yuan Used to Buy Securities, Monex Group Interested in FTX Japan, Bitget Launches Copy Trading in Spot Market  Read more »Sign up for e-EUR – the progressive…
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SEC leaked crypto miners’ personal information during investigation: Report

January 17, 2023

The financial regulator reportedly unintentionally included 650 names and email addresses in communications with blockchain firm Green as part of an investigation. The United States Securities and Exchange Commission, or SEC, has reportedly leaked the names and email addresses of many crypto miners connected to blockchain firm Green. According to a Jan. 17 report from…
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Crypto mining stocks surge to yearly highs after Bitcoin bounces back

January 17, 2023

The surge in crypto mining stocks was a relief for the industry after a crippling year, where public crypto miners incurred $4 billion in liabilities. The Bitcoin (BTC) price rebound to a multi-month high has also positively affected mining stocks. Many crypto-mining stocks recorded their best monthly performance in a year. The surge in mining…
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Why Bitcoin Hash Rate and Mining Difficulty Headed Higher is Great News for Bulls

January 16, 2023

The difficulty of mining a bitcoin block has increased by around 10% during the latest adjustment, suggesting that more miners are coming back online as prices continue to recover.  The adjustment at block height 772,128 is the biggest downward change since October 10, 2022, when the metric rose by 13.55%, data from mining pool BTC.com shows.…
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Bitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging

January 16, 2023

Bitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128. The network’s difficulty is now at an all-time high. This means, on average, it takes 37.73 trillion hashes, or attempts, to find a valid bitcoin block reward and add it to the blockchain. 2023’s First…
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New York sued by environmental group after approval of crypto mining facility: Report

January 14, 2023

The approval violates the New York climate law of 2019, plaintiffs claim. The facility was acquired by the Canadian crypto mining firm Digihost. The New York Public Service Commission (PSC) was sued by environmental activists on Jan. 13 for approving the takeover of a cryptocurrency mining facility in the state. According to The Guardian, the…
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