Category: Mining

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New York State to Ban Carbon-Powered Bitcoin, Altcoin Mining, While Kenya Fosters Green BTC

  As regulators across the world work to adopt varying stances on crypto mining, the US state of New York and the East African country of Kenya offer two examples of how legislators can thwart or foster crypto innovation through their initiatives…. Read More: New York State to Ban Carbon-Powered Bitcoin, Altcoin Mining, While Kenya…
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Another Bitcoin Mining Scrutiny, Layoffs at Crypto Exchanges, Binance in Canada + 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: Another Bitcoin Mining Scrutiny, Layoffs at Crypto Exchanges, Binance in Canada + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month

During the last 30 days, the price of bitcoin has lost more than 22% against the U.S. dollar but during that time, Bitcoin’s hashrate has remained above 200 exahash per second (EH/s). While 16 known mining pools mined the leading crypto asset during the last month, the top five mining pools retained 71.4% of the…
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US energy company opens crypto mining facility in Middle East to use stranded natural gas

Denver-based Crusoe Energy will help the Middle East nation to cut the gas flaring with the pilot project scheduled for the end of 2022. As the heated up discussion around the ethical aspects of using fossil fuels in crypto mining remains one of the key topics for the industry, an unexpected partnership between a Denver-based…
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Bitcoin daily mining revenue slumped in May to eleven-month low

Bitcoin miners have had a tough month, with revenue and profitability tanking in May. Hash rates remain high, however. Bitcoin (BTC) mining revenue and profitability have continued to slide along with the asset’s price this year as the crypto winter deepens. May has been one of the worst months for Bitcoin miners in the past…
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Russian Central Bank Prepared to Make Some Concessions on Crypto Regulation

  Russia’s staunchly crypto-skeptic Central Bank has indicated that it is prepared to soften its stance on crypto somewhat in order to allow a key piece of legislation to pass – but still favors a block on all domestic crypto-related activity…. Read More: Russian Central Bank Prepared to Make Some Concessions on Crypto Regulation  Read…
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Binance Labs’ USD 500M Investment Fund, FTX’s Talks With Goldman Sachs, KuCoin’s Wallet + 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: Binance Labs’ USD 500M Investment Fund, FTX’s Talks With Goldman Sachs, KuCoin’s Wallet + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1

The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint digital currencies, which was introduced in January. Crypto Mining Increases Budget Revenues in Kazakhstan Kazakhstan has received 652 million tenge (almost…
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Luxury Apartment Complex in Argentina to Feature a Bitcoin Mining Facility for Residents

  A new luxury apartment complex in the upscale neighborhood of Belgrano in Buenos Aires, Argentina, will become the first of its kind to feature a Bitcoin (BTC) mining facility – to help its residents “get paid to live” in their apartments. Per the media outlet La Nacion, as well as Interesting Engineering, the new…
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Bitcoin Miners Under ‘Stress’, Euro’s Purchasing Power Wanes, Fidelity Beyond BTC + 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: Bitcoin Miners Under ‘Stress’, Euro’s Purchasing Power Wanes, Fidelity Beyond BTC + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card