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Mississippi senate passes bill to protect cryptocurrency miners from discrimination
9.2.2023
The state already has crypto miners, the bill to protect them still has to pass the house of representatives and be signed by the governor
Bitfarms settles outstanding loan with BlockFi for $7.75M
9.2.2023
The Toronto-based Bitcoin mining company has reduced its debt by nearly 85% since June 2022
Today in Crypto: Aave Announces Launch of GHO Stablecoin on Ethereum’s Goerli Testnet, MakerDAO Establishes Phoenix Labs, LocalBitcoins Closing down
9.2.2023
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: Today in Crypto: Aave Announces Launch of GHO Stablecoin on Ethereum’s Goerli Testnet, MakerDAO Establishes Phoenix Labs...
Abkhazia Police Seize 396 Crypto Mining Rigs in 48 Hours as Electricity Woes Continue
9.2.2023
Police in Abkhazia have confiscated 396 crypto mining rigs in the space of just 48 hours – as the de facto state continues its battle against illegal miners. The government has blamed illegal miners for crippling power shortages and rolling blackouts that have left thousands without electricity....
Russian government subsidies crypto mining facility in Siberia
9.2.2023
The facility, which is to open this year, will possess 30,000 crypto mining machines, hire 100 workers and consume 100 megawatts from the power grid
Argo CEO follows resignation trend after company acquisition by Galaxy Digital
9.2.2023
The CEO of the cryptocurrency miner Argo Blockchain is the second executive to step down from the company after its acquisition by Galaxy Digital
Hut 8 merger would've happened even without FTX or crypto turmoil, says CEO
9.2.2023
Falling crypto prices have forced many crypto miners to cut costs or consolidate in order to survive the crypto winter
Cloud mining firm BitFuFu postpones merger with SPAC until May
8.2.2023
Bitfufu's plans to go public have been delayed for the second time. The company is the cloud mining arm of Chinese mining giant Bitmain
Today in Crypto: Brave Reveals Solana Dapp Support, Revolut Announces Crypto Staking Support, Binance Full Audit is ‘Some Way Off’
8.2.2023
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: Today in Crypto: Brave Reveals Solana Dapp Support, Revolut Announces Crypto Staking Support, Binance Full Audit is ‘Some...
US Senator Elizabeth Warren Leads the Charge to Learn More About Crypto Mining Energy Usage – Regulation Incoming?
8.2.2023
Elizabeth Warren, the Democratic Senator who is known as a fierce crypto critic, is now part of an effort by lawmakers to learn more about the energy use of crypto mining.
The new initiative aims to increase the transparency requirements for crypto mining companies, particularly when it comes...
Lawmakers write to US officials about crypto energy usage information gathering
7.2.2023
Elizabeth Warren and seven other Democrats want to know how much the Environmental Protection Agency and Energy Department know about crypto mining energy draws
Kazakhstan's President Signs Legislation to Limit Energy Usage of Crypto Mining
7.2.2023
The new legislation also calls for government-approved mining pools
Cloud Mining Firm BitFuFu to Delay SPAC IPO as Appetite for Crypto Stocks Languishes
7.2.2023
The company has now set a deadline of May to complete its listing
Crypto mining firms Hut 8 and US Bitcoin plan merger
7.2.2023
The merger, which will create the company 'New Hut', is still subject to court and regulatory approval by U.S. and Canadian authorities
Crypto Miners Blamed for Abkhazia Power Outages
7.2.2023
Major power blackouts in Abkhazia have been blamed on illegal crypto miners, marking a fresh setback for the region.
News headlines have been dominated by bitcoin (BTC) and altcoin mining in recent years in the de facto Caucasus-based state. Abkhazia sits in the northwestern corner of Georgia...
Riot reports 17K miners offline due to Texas weather
6.2.2023
The mining firm reported two of the buildings at its Whinstone facility in Rockdale were damaged in December as Texas experienced days of sub-zero temperatures
Today in Crypto: Bitget to Direct ₺1M to Help Turkey Earthquake Victims, UK Sets Prison Punishment for Breach of New Crypto Ad Regime, Interpol Wants to Police Metaverse
6.2.2023
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: Today in Crypto: Bitget to Direct ₺1M to Help Turkey Earthquake Victims, UK Sets Prison Punishment for Breach of New Crypto...
Russia Expands Its Crypto Mining Capacity, Report Reveals
5.2.2023
The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed prices of mining equipment and stronger interest from domestic customers have been identified as major...
Next Bitcoin Mining Difficulty Change Estimated to Decrease as Block Times Have Lengthened
4.2.2023
The last two mining difficulty changes on the Bitcoin network have driven difficulty to an all-time high, causing a decrease in hashrate and block interval speed. Before the latest difficulty retarget increase of 4.68%, block intervals were faster than the 10-minute average, at approximately...
Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading
4.2.2023
Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of exchange platforms. Kazakhstan’s Financial Hub Seeks...