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BTC whale population shrinks to early 2020 levels — 5 things to know in Bitcoin this week

27.2.2023
Bitcoin price action is on a knife edge as analysis hopes that the monthly close can echo a positive end to the week

Illegal Crypto Mining Operation Found Hidden Under High School

27.2.2023
A man has been arrested and is facing charges in a small town outside of Boston after local authorities discovered “an illegal cryptocurrency mining operation” tucked away under a school’s floor.Read more

Lawmakers to Resubmit Russia’s Crypto Mining Bill, Introduce Liability for ‘Gray’ Miners

26.2.2023
The draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone its adoption, one of its sponsors announced. Members of the lower house are also working on a separate bill that will introduce liability for those who mint digital coins illegally. Adoption...

Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year

25.2.2023
Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year...

Bitcoin price tumbles to 10-day lows as 'Notorious B.I.D.' keeps support at $22.5K

25.2.2023
Bitcoin bulls have little to celebrate as BTC price action retraces more hard-won February gains

Litecoin Foundation Partners With Digital Asset Manager Metalpha to Develop Hedging Products for LTC Miners

24.2.2023
The partnership will jointly develop the Litecoin ecosystem to hedge risk and lower carbon emissions

Man faces arrest over alleged crypto mine hidden under a school

24.2.2023
The Massachusetts-based man is alleged to have stolen nearly $18,000 worth of electricity to run 11 miners in a school’s crawl space

Montana’s ‘right to mine’ crypto bill moves closer to passing as law

24.2.2023
The bill seeks to enshrine crypto miners' rights and will still have to pass muster in the states House before its signed into law by the governor

Montana Senate Passes Bill Protecting Crypto Miners

23.2.2023
The state's congress will vote next on the bill, which protects bitcoin miners from utility rate hikes and measures by local governments

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace

23.2.2023
A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the crypto...

Sharp Rise in Dating App-based Crypto Mining Scams in South Korea

23.2.2023
There has been a rise in scams that use dating apps to lure victims onto bogus crypto mining platforms, a South Korean security provider has claimed. Per EDaily, the claims were made by the regulation technology developer and security provider Uppsala Security. The firm said that scammers are...

Bitcoin Mining Consulting Firm Sabre56 Raises $35M to Build 150MW of Hosting Sites

23.2.2023
The consulting firm is moving onto the hosting business — and it already has a 'waiting list' of clients

Luxor Technologies Acquires Ordinalhub to Provide Tools for Bitcoin-Based NFTs

22.2.2023
With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools to buy, sell, and track Bitcoin-issued non-fungible token (NFT) assets. Luxor Plans to Address...

Enterprise blockchain is transforming business operations and reducing costs: Web3 exec

22.2.2023
According to Daniela Barbosa, the Executive Director at the Hyperledger Foundation, some challenges involved in adopting enterprise blockchain include a lack of complete comprehension of the technology's advantages

Luxor Mining acquires Ordinalhub amid Bitcoin-based NFTs hype

22.2.2023
The Bitcoin mining firm said it is acquiring OrdinalHub amidst a flurry of interest in mining and purchasing Bitcoin-based NFTs, known as Bitcoin Ordinals

Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group

22.2.2023
Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay, including the abundance of clean hydroelectric power...

Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times

21.2.2023
After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see the largest rise of the year, surpassing the 10.26% increase that occurred on Jan. 15 at block...