Category: Mining

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US GDP Slips Again, Another DeFi Protocol Attacked, Zipmex Seeks Protection + 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: US GDP Slips Again, Another DeFi Protocol Attacked, Zipmex Seeks Protection + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Moscow, Karelia, Irkutsk — Study Lists Most Popular Crypto Mining Destinations in Russia

Russia could be a large player in the crypto mining space, experts in the field have established in research naming the most attractive regions for coin minting operations in the country. The capital Moscow is among the popular mining destinations alongside the places offering the cheapest power. Cost of Electricity, Logistics Determine Russian Miners’ Choice…
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Kraken Under Investigation, Unstoppable Crypto Unicorn, Coub.com Goes NFT + 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: Kraken Under Investigation, Unstoppable Crypto Unicorn, Coub.com Goes NFT + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

‘Cryptojacking’ rises 30% to record highs despite crypto slump: Report

Cryptojacking has become a lucrative choice for cybercriminals as many victims are unaware they have been compromised. New research shows that despite falling digital asset prices, cryptojacking has reached record levels in the first half of 2022. According to a mid-year update on cyber threats by American cybersecurity company SonicWall, global cryptojacking volumes rose by…
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Core Scientific to increase ASIC server capacity by 75 MW

The Nasdaq-listed Bitcoin miner expects to generate $50 million in annual revenue once the ASIC servers are fully operational. United States Bitcoin (BTC) miner Core Scientific has signed a new colocation agreement to increase its data center hosting capacity by 75 megawatts (MW), a move intended to showcase the company’s ongoing commitment to boosting its…
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Will the Fed prevent BTC price from reaching $28K? — 5 things to know in Bitcoin this week

Bitcoin prepares for what promises to be a tense week of rate hikes, earnings and more as BTC fails to reclaim crucial trendline. Bitcoin (BTC) enters a new week with a question mark over the fate of the market ahead of another key United States monetary policy decision. After sealing a successful weekly close —…
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Not just Bitcoin price: Factors affecting BTC miner profitability

As many crypto holders are gearing up for a bear market, what are the factors influencing the mining business? The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin. Closely tied to the drop in the BTC price, Bitcoin mining profitability…
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Bitcoin network difficulty drops to 27.693T as hash rate eyes recovery

The reduced difficulty allows Bitcoin miners to confirm transactions using lower resources, enabling smaller miners a fighting chance to earn the mining rewards. The difficulty in mining a block of Bitcoin (BTC) was reduced further by 5% to 27.693 trillion as network difficulty maintains its three-month-long downward streak ever since reaching an all-time high of…
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Taiwan vs. Crypto, Uprise Might Compensate Some LUNA Losses + More News

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Bitcoin’s Mining Difficulty Slides 5% Dropping to Levels Not Seen Since March

On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The latest downward shift makes it 5% easier to find blocks than it was during the past two weeks, and roughly 8.77% easier since June 22. It’s Now 11.39% Easier to…
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