Search
Russia Publishes New Crypto Law Expanding State Control Over Digital Assets
27.10.2024
Russia’s new crypto law amplifies state control, enabling regional restrictions, tighter infrastructure regulations, and enhanced transaction monitoring. State Authority Over Digital Currency Grows as Russia Publishes New Law The Russian government released a document on Friday detailing...
Google’s nuclear power plan could revolutionize cryptocurrency mining
15.10.2024
The advent of small modular reactors should make on-site nuclear energy economically feasible at scale
Latam Insights Encore: Venezuela Can Grow to Be Latin America’s Crypto Haven
14.10.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the possibility of Venezuela growing to become the top cryptocurrency market in Latam and the key elements that are holding it back from...
Bitcoin Hashrate Inches Closer to Record as Difficulty Rise Looms
7.10.2024
Bitcoin’s hashrate has been climbing steadily, closing in on its peak of 693 exahash per second (EH/s) recorded on Sept. 8. At present, it’s cruising just shy of that record, clocking in at 680 EH/s. Block times have been quicker than the typical ten-minute average, and as we approach Oct. 9,...
Russian Bitcoin Mining Industry Could Surpass the U.S. in 2 Years
5.10.2024
Igor Runets, owner and CEO of Bitriver, commented on the growth potential of the Russian bitcoin mining industry following the approval of the mining law in the country. Runets stated that, due to the several advantages provided by the law, the Russian bitcoin mining industry could reach parity...
Bitdeer Completes Testing of SEAL02 Bitcoin Mining Chip
26.9.2024
Bitdeer Technologies Group has successfully completed prototype testing for its SEAL02 bitcoin mining chip, marking a pivotal advancement in the company’s technological development. The chip exhibited a power efficiency ratio of 13.5 joules per terahash (J/T) when operated in low-voltage mode,...
Hut 8 launches GPU-as-a-service program for AI developers
26.9.2024
The cryptocurrency mining company now has 1,000 Nvidia GPUs available
Russian Republic Dagestan Battles Underground Crypto Mining Amid Power Outages
26.9.2024
Dagestan, a republic in Russia, is stepping up efforts to tackle illegal cryptocurrency mining due to its impact on the power grid and public safety. Underground mining operations have caused recent infrastructure damage, including a substation fire. Officials call for stricter measures to address...
Bitcoin Network Eases Up: Difficulty Falls 4.6% at Block 862,848
26.9.2024
Bitcoin miners got a bit of a breather on Wednesday as the network’s difficulty dropped by 4.6% at block height 862,848. For the next two weeks, the process of finding a block subsidy is 4.6% easier than it was during the previous 2,016 blocks, which had the highest difficulty level ever...
Email auto-reply vulnerability allows hackers to mine cryptocurrency
25.9.2024
Hackers exploit email auto-replies to spread crypto-mining malware, hijacking unsuspecting users' systems to mine cryptocurrency without their knowledge
Email auto-reply vulnerability allows hackers to mine cryptocurrency
25.9.2024
Hackers exploit email auto-replies to spread crypto-mining malware, hijacking unsuspecting users’ systems to mine cryptocurrency without their knowledge
Former Monero Developer Launches New Crypto Mining App
22.9.2024
Riccardo “Fluffypony” Spagni, a former Monero developer, has launched a new mining app called Tari Universe. The app aims to make mining accessible to everyone using a user-friendly interface. However, Spagni faces legal troubles related to fraud and forgery charges. Despite the alleged...
Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1
20.9.2024
This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this new rig churns out 81.81% more hashpower than its predecessor, the Antminer S21 XP Hydro. And if we go...
CleanSpark acquires 7 mining sites in Tennessee, hashrate to grow 22%
11.9.2024
CleanSpark is acquiring more sites in Tennessee after buying GRIID Infrastructure's facilities there
Environmental Impact of Cryptocurrency Mining: Challenges and Solutions
6.9.2024
Cryptocurrency mining has surged in popularity as digital currencies like Bitcoin and Ethereum have gained traction. While mining plays a […]
The post Environmental Impact of Cryptocurrency Mining: Challenges and Solutions appeared first on
Bitfarms Hits Back at Riot Platforms’ Alleged Misleading Claims
6.9.2024
Bitcoin mining firm Bitfarms has responded to Riot Platforms’ allegedly misleading statements about a special meeting and potential acquisition. Bitfarms claimed that Riot refused to engage constructively and is attempting to buy Bitfarms at a discount for its own shareholders’ benefit....
Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs
30.8.2024
A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity. According to data from the Social Care Institute, the entire bitcoin mining industry is responsible for only 383 direct jobs, with over 40 companies...
9 Bitcoin Mining Companies Suspend Activities After Power Fee Hikes in Paraguay
27.8.2024
Nine Bitcoin mining companies have suspended their operations after the power fee hikes affecting high-consumption customers in Paraguay. According to data provided by the National Power Administration of Paraguay (ANDE), these companies had their service terminated due to the interruption of their...
Latam Insights: El Salvador to Receive $1.61 Billion for Economic Overhaul Plan; Venezuelan Government Blocks Binance
18.8.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador attracts $1.61 billion in investments for its economic overhaul plan, the Venezuelan government blocks Binance using a state-owned ISP, and...
Paraguayan Justice System Achieves Conviction for Power Theft Crime Linked to Cryptocurrency Mining
16.8.2024
The Paraguayan justice system has reached a milestone by achieving its second conviction related to a power theft crime linked to cryptocurrency mining. Carlos Raul Rojas, the owner of a dwelling where over 1,000 cryptocurrency miners operated, was sentenced to 18 months in prison for causing over...