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Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies
1.10.2022
New legislation proposed in the parliament of Kazakhstan will allow only authorized miners to mint digital currency, if adopted. The draft has been designed to comprehensively regulate the industry and reduce what its sponsors label as uncontrolled consumption of electricity in the sector....
Russia to Supply Electricity to Kazakhstan’s Cryptocurrency Miners
1.10.2022
Russia is preparing to provide Kazakhstan with additional energy needed to operate crypto mining farms in the Central Asian nation. New arrangements will allow Kazakhstan’s miners to buy electricity directly from the Russian power generation and distribution giant Inter RAO. Miners...
Paraguayan Senate Rejects Presidential Veto to Cryptocurrency Bill
30.9.2022
The Paraguayan Senate has decided to reject the total veto that President Mario Abdo exerted over a proposed cryptocurrency bill on September 2. The Senate defended the initiative, stating that passing the bill would benefit the country due to its effect on tracking the energy consumption of crypto...
Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange
30.9.2022
A financial institution and a coin trading platform in Kazakhstan have teamed up to carry out what they say is the country’s first such joint transaction for the acquisition of cryptocurrency. Meanwhile, Kazakhstan’s leadership has declared readiness to further develop crypto exchange...
Bitcoin sees first difficulty drop in 2 months as miners sell 8K BTC
30.9.2022
Recent weeks have caused fresh headaches for miners, who at one point were reducing their balances by more than 8,500 BTC per month
Researchers allege Bitcoin's climate impact closer to 'digital crude' than gold
30.9.2022
Bitcoin mining raises a “set of red flags for any consideration as a sustainable sector,” according to researchers
SAI Tech Reveals 2 New Liquid Cooling Bitcoin Mining Containers Built for Overclocking Flexibility
29.9.2022
On September 28, the bitcoin mining operator and clean-technology company, SAI Tech, announced the launch of two liquid cooling bitcoin mining infrastructure products called the Tankbox and Rackbox. The two new models join the firm’s SAIHUB Box and feature plate cooling and immersion cooling...
Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market Downturn
29.9.2022
While bitcoin is down more than 72% from the crypto asset’s all-time high, bitcoin mining operations are expanding at a rapid pace during the downturn. On Tuesday, the bitcoin miner Cleanspark said its hashrate has surpassed 4 exahash per second (EH/s), and the Texas mining company Rhodium...
Binance Starts Ethereum Proof-of-Work Mining Pool, Initially With No Fee
29.9.2022
ETHW initially stumbled, but mining support from Binance customers could in theory help
Miners Take off for The Great – and More Profitable – North
29.9.2022
Bitcoin mining in most of Europe is now “impossible” as energy costs soar but miners are increasingly seeking refuge in the northern reaches of Norway and Sweden
Russia Said to Allow Crypto Mining in Regions With Hydroelectric and Nuclear Power
29.9.2022
Cryptocurrency mining should be allowed in areas with excess energy and prohibited in those that experience deficits, according to Russian officials preparing to legalize it. An expert from the crypto industry has recently marked the regions where Moscow is likely to authorize mining and the ones...
Thai SEC Comes After Bitkub Exchange, OpenSea Rewards Whitehats, BIS Working With (at Least) 7 Central Banks on CBDC Projects + More News
28.9.2022
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: Thai SEC Comes After Bitkub Exchange, OpenSea Rewards Whitehats, BIS Working With (at Least) 7 Central Banks on CBDC...
Bitcoin Network’s Mining Difficulty Drops for the First Time in 2 Months
28.9.2022
Following four consecutive Bitcoin mining difficulty increases, the network’s difficulty dropped for the first time in 68 days, sliding 2.14% at block height 756,000 on Tuesday. The change means it’s currently 2.14% easier to find a bitcoin block reward following the mining...
Bitdeer Sets Up $250M Fund to Acquire Assets From Financially Distressed Bitcoin Miners
28.9.2022
According to a representative from the bitcoin mining company backed by the Chinese crypto billionaire Jihan Wu, Bitdeer is crafting a $250 million fund to buy distressed assets from embattled bitcoin miners. Bitdeer’s chief executive officer Matt Kong details that...
Research Finds Bitcoin Mining Equates to 0.10% of Global Greenhouse Gas Emissions
27.9.2022
According to a recent report published by the Cambridge Centre for Alternative Finance (CCAF), bitcoin mining worldwide accounts for around 0.10% of global greenhouse gas (GHG) emissions or 48.35 million tons of carbon dioxide per annum. Moreover, CCAF’s report details that...
Bitmain Founder Jihan Wu Setting Up $250M Fund to Buy Distressed Bitcoin Mining Assets: Report
27.9.2022
Jihan Wu, crypto billionaire and founder of bitcoin miner maker Bitmain, is setting up a $250 million fund to purchase distressed assets from mining firms, Bloomberg reported Tuesday
Bitcoin Mining's Sustainable Electricity Mix May Be Declining, Says Cambridge University Research Organization
27.9.2022
Cambridge University's Centre for Alternative Finance's (CCAF) latest research into bitcoin mining suggests the mix of sustainable electricity used is in decline
Nuclear and gas fastest growing energy sources for Bitcoin mining: Data
27.9.2022
Some governments can negatively impact Bitcoin's environmental footprint by banning BTC mining, according to new data from Cambridge
The path moving forward for ex-Ethereum miners remains unclear
26.9.2022
It seems that some GPU owners have resorted to selling power to non-crypto projects following the Ethereum Merge
Have Helium Leaders Been Lining Their Own Pockets While Not Delivering on Product?
26.9.2022
Executives at Helium (HNT), a developer of a "decentralized wireless infrastructure," as well as their family and friends, hoarded the majority of wealth at the project's launch, claims Forbes.
This is a $1.2 billion web3 company that said it was building a global wireless internet connection...