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New SEC Chair, Confiscated Bitcoin Miners, Trader vs. Banks + More News
18.1.2021
Gary Gensler. Source: a video screenshot, Youtube/Bloomberg Markets and Finance
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
Former Commodity Futures Trading Commission...
Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations
18.1.2021
The mostly ASIC devices used to mine bitcoin are said to have been consuming 95 megawatts per hour of electricity at a reduced rate
Associated Gas Pilot Could Lead to Huge Boon for Russian Bitcoin Miners
15.1.2021
Russian Bitcoin (BTC) miners could be in for a massive, unexpected environmentally friendly windfall if a pilot leads the nation’s energy giants to embrace crypto mining en masse.
Further details have been unveiled about a plant operated by the oil arm of Gazprom, Gazprom Neft, which late last year...
Gamers are still Nvidia’s masters, but Ether miners could change that
15.1.2021
Nvidia's chief financial officer says the firm could restart its mining-specific line of graphics cards if demand from cryptocurrency miners increases
Galaxy enters Bitcoin mining, launches financial services unit for miners
15.1.2021
Mike Novogratz's Galaxy Digital is launching its own Bitcoin mining operations and creating a new business unit dedicated to providing financial services to miners
Bitcoin Miners Aren’t Responsible for Recent Price Dips, Data Shows
14.1.2021
Analysts and mining pools say selling pressure from mining wallets hasn't contributed to recent corrections in bitcoin's price
Grayscale Scores Another Record, Buys 194% More Bitcoin Than Miners Generated
14.1.2021
US-based major crypto investment company Grayscale said it once again "experienced unprecedented investor demand" in the last quarter of 2020.
The company said it raised USD 3.3bn in 4Q20, bringing YE20 inflows to USD 5.7bn. In comparison, in 2019, the company raised USD 600m in total....
Rapid Profits: Bitcoin Hashrate Accelerates While Mining Difficulty Touches All-Time High
14.1.2021
The Bitcoin network’s hashrate has been operating at very high processing speeds during the last few weeks, as the overall hashrate touched a whopping 171.2 exahash per second (EH/s) on Monday. Moreover, the network’s mining difficulty has also touched an all-time high (ATH) at 20.61...
Bitcoin Miners, Developers Narrow Down How Taproot Will Be Activated
13.1.2021
We know it's going to happen - the question is when and how
Compute North, Foundry Team Up to Target North American Bitcoin Miners
13.1.2021
The partnership is designed to lower the high cost of entry for would-be bitcoin miners
Central Washington Raises Concerns Over Possible Bitcoin Mining Boom
12.1.2021
A region in the Pacific Northwest of the United States is on high alert because of concerns about a possible invasion of bitcoin (BTC) miners. The state has previously experienced an influx of Chinese bitcoin miners, due to decreasing electricity prices. Bitcoin Bull-Run Could Revive Interest...
Kentucky Bill Seeks to Lure Crypto Miners With Tax Breaks
11.1.2021
Reps. Rudy and Freeland's bill would exempt crypto miners from paying either Kentucky sales or excise tax
First Mover: Cryptocurrency Euphoria Hits Breaking Point as Miners Lose Nerve
11.1.2021
Crypto euphoria gets reality check as bitcoin and ether tumble, though XRP is still trading with market value near Ford Motor's as SEC-inflicted damage proves limited
Bitcoin Plummets as Miners Sell Inventory, Spot Markets Panic
11.1.2021
Bitcoin fell sharply early on Monday, having failed to establish a foothold above $40,000 over the weekend
Russian Oil Giant Provides Excess Gas to Operations Powering Bitcoin Mining Devices
10.1.2021
The firm Gazpromneft, an oil subsidiary of the Russian natural gas and global energy company Gazprom, is giving bitcoin mining operations the chance to power operations by using excess gas for electricity. The Russian firm has allowed a small mining operation to benefit from the excess gas...
Bitcoin Miners Saw 33% Revenue Increase in December
9.1.2021
Miners earned an estimated $692 million last month
Are Bitcoin miners bullish? BTC miners face biggest difficulty bump in 3 months
9.1.2021
The average amount of Bitcoin miners are selling continues to decrease gradually
Bitcoin Miners See Revenue Per TH/s Nearly Triple in 3 Months
7.1.2021
Mining revenue has reached its highest mark since early August 2019
Iran Shuts Down 1,620 Cryptocurrency Mining Farms
6.1.2021
Since Iran began recognizing cryptocurrency mining as an industry, it has reportedly shut down 1,620 unauthorized crypto mining farms. Crypto miners initially welcomed the recognition but later said that the electricity tariffs were too high. 1,620 Crypto Mining Farms Shut Down in Iran Iranian...
Canaan Launches Submerged Liquid-Cooled Bitcoin Miner, Noiseless Device Boasts 50 Terahash
5.1.2021
The publicly listed ASIC mining rig manufacturer, Canaan, has announced the launch of a new submerged liquid-cooled bitcoin miner called the Avalonminer A1066I. Canaan claims the new immersion cooling miner is noiseless and capable of significant overclocking, as the miner’s cooling system...