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Crypto miner Hut 8 posts record revenue as BTC holdings surge 100%
17.3.2022
The financial results weren’t all positive, however, as the Bitcoin miner posted a surprise loss in the fourth quarter
Crypto Assets Can Help Russia Return to Global Financial Market, Lawmaker Says
17.3.2022
Digital financial assets like cryptocurrencies can help Russia to reach the global financial market despite western sanctions, a lawmaker working on crypto regulations has stated. The official believes the country is capable of setting up domestic crypto exchanges and should support mining. Russia...
Riot Blockchain Sees 2022 as Year of Consolidation in Bitcoin Mining Sector
17.3.2022
The Colorado-based miner beat analysts' estimates for 2021 sales due to a higher company hashrate and bitcoin price
Kazakhstan Shuts Down Over 100 Crypto Mining Farms
16.3.2022
More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked to prominent businessmen and former government officials. Financial Watchdog Goes After Crypto Miners Across...
Bit Digital Has Deployed 39% Crypto Mining Rigs in North America
16.3.2022
The firm has shipped all of its machines out of China, but is waiting on hosting capacity to be completed
Truth or fiction? Popular former hacker claims to have $7B in BTC
16.3.2022
“I’m quite wealthy. Yeah, I do not have to work if I don’t choose to. I have over seven billion dollars worth of Bitcoin,” stated the hacker known as Gummo
Over 100 illegal mining farms were shut down in enforcement raids in Kazakhstan
15.3.2022
Financial Monitoring Agency, Kazakhstan's financial watchdog, emphasizes the need to regulate the sector
Russia Has 'All the Needed Resources' to Create Its Own Crypto Infrastructure, an MP Claims
15.3.2022
Crypto adoption appears to be on the rise in Russia – where lawmakers have suggested the idea of fostering domestic crypto exchanges as an alternative to using international platforms.
Per the Russian Parliamentary Gazette, Aleksander Yakubovsky, an MP and part of the crypto working group that...
Bitcoin & Crypto Miners Set to Face Fresh EU Scrutiny After Rejected Proof-of-Work Ban
15.3.2022
The European Union still has its sights set on bitcoin (BTC) and ethereum (ETH) miners – despite rejecting a proposed rule that would have effectively banned proof-of-work (PoW) mining across the union....
Read More: Bitcoin & Crypto Miners Set to Face Fresh EU Scrutiny After Rejected...
Bitcoin's got 3 strikes, but investors remain calm despite price drop
14.3.2022
Proof-of-work mining escaped severe regulatory pressure, but crypto derivatives and CNY Tether premium show investors' lack of excitement
EU Parliament Committee Votes Against Proof-of-Work Ban, Supports Alternative Amendment on Crypto Assets
14.3.2022
European Parliament’s economic and monetary affairs committee has voted against banning proof-of-work-based assets for companies in the European Union. An alternative proposal on crypto assets by European Parliament member Stefan Berger receives support instead. Committee Rejects...
European Parliament votes against PoW ban, providing huge relief to the crypto industry
14.3.2022
The moderate version of the regulatory framework's draft prevailed in the ECON committee voting
Bitcoin & Ethereum Investment Outflows, BTC Mixer Flags Illegal Moves + More News
14.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin & Ethereum Investment Outflows, BTC Mixer Flags Illegal Moves + More News
Bitmain Reveals New Liquid-Cooled ASIC Mining Rig With 255 TH/s of Computing Power
14.3.2022
Leading ASIC mining device manufacturer Bitmain has revealed a new bitcoin miner that’s even faster than the company’s last machine, which boasts 198 terahash per second (TH/s). The latest model, called the Antminer S19 XP Hyd., is also a liquid-cooled ASIC mining device that claims...
Bitcoin and Ethereum Get Support in EU, Ban Idea Rejected
14.3.2022
Stefan Berger, a member of the European Parliament in charge of shepherding the MiCA regulation, confirmed that the European Parliament Committee on Economic and Monetary Affairs (ECON) rejected a suggestion that could ban proof-of-work consensus protocols such as Bitcoin, Ethereum, in...
Bitfarms Buys Land to Open New Mining Facility in Canada
14.3.2022
Bitfarms, a corporate player in the bitcoin mining world, has announced a new acquisition of land and a facility in Canada. The purchased land is located in Sherbrooke, Quebec, and according to a press release issued by the company, it will serve to replace one of the other facilities the company...
Report: Sudan Rejects Russian Illicit Gold Smuggling Allegations
14.3.2022
Sudan has denied claims Russian entities have smuggled hundreds of tonnes of illicit gold from its territory. Officials have called the allegations fake news and suggested that Sudan is in fact looking to revive its economy through gold mining. The Rise in Russia’s Gold Holdings The Sudanese...
MiCA Amendments Proposed Last Minute Revive Threat of EU Ban on Bitcoin, Report Reveals
14.3.2022
Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording that would have prohibited coins with energy-intensive mining, some members of the European...
Bitcoin’s Hashrate Jumps 15% Higher in 10 Days, Mining Difficulty Expected to Rise
13.3.2022
After bitcoin miners caught a break ten days ago when the difficulty dropped 1.49% lower, the network’s hashrate increased more than 15% since then. Currently, the processing power has been coasting along above the 200 exahash per second (EH/s) zone but another difficulty increase...
Supreme Tribunal in Venezuela States Sunacrip Has Strategic Role, Voids Earlier Sentence
13.3.2022
The Supreme Tribunal of Justice of Venezuela has stated in a recent sentence that the tasks developed by Sunacrip, the national cryptocurrency and bitcoin mining watchdog, have a strategic significance for the country. The sentence also voids certain resolutions taken in a case where another court...