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Kyrgyzstan Shuts Down Cryptocurrency Farm With 2,500 Mining Rigs
17.11.2021
Authorities in Kyrgyzstan have uncovered and shut down a large crypto mining farm in the north of the country. Law enforcement officials claim the illegal coin minting facility has inflicted “colossal damage” to the nation’s power grid and that they are still trying to estimate...
Investments in Bitcoin Increased, in Ethereum - Dropped + More News
16.11.2021
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: Investments in Bitcoin Increased, in Ethereum - Dropped + More News
US Infra Act: Cryptoverse Says the Fight Isn’t Over, But Things Could Get ‘Messy’
16.11.2021
Crypto advocates have vowed to keep fighting the controversial Infrastructure Investment and Jobs Act despite the fact that the United States President Joe Biden signed the act into law on Monday, leaving much-maligned “digital asset broker” status clauses intact....
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China warns state-owned enterprises to cease involvement in Bitcoin mining
16.11.2021
China is considering imposing harsh penalties on state-owned firms that continue mining cryptocurrencies
Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still Profitable
15.11.2021
While bitcoin’s value has remained well above the $60K range, the network’s hashrate has surged to over 184 exahash per second (EH/s) as mining devices are far more profitable at these prices. The price has made it so that older generation mining devices manufactured over four years...
Crypto mining stocks dip as SEC issues subpoena for Marathon Digital mining facility
15.11.2021
Share prices of Marathon Digital stock dropped, as did those from major crypto mining firms including Riot Blockchain, Bitfarms, Bit Digital, and Hut 8
Top Chinese Official Booted out For ‘Supporting Crypto Mining Activities’
15.11.2021
A top Chinese regional official has been expelled from the Chinese Communist Party – and may face heavy punishment for allegedly “supporting” crypto mining in exchange for bribes and sex.
Per NBD and the China Daily, charges against the official, Xiao Yi, were leveled by the supervisory committee...
Nasdaq-listed Bitcoin mining firm Marathon to raise $500M in debt
15.11.2021
Marathon’s stock hit a six-year high in early November, with the firm accumulating $460 million worth of Bitcoin
Marathon Plans to Raise $500 Million From Convertible Senior Notes to Buy Bitcoin and Mining Rigs
15.11.2021
On Monday, the enterprise bitcoin mining operation Marathon Digital Holdings announced the firm will raise $500 million from convertible senior notes in order to accrue more “bitcoin or bitcoin mining machines.” Publicly-Listed Mining Operation to Raise $500M From Debt Markets...
Coinbase Users Sharing Crypto Portfolios, ETFs in US & India + More News
15.11.2021
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: Coinbase Users Sharing Crypto Portfolios, ETFs in US & India + More News
BREAKING: The Bitcoin network welcomes Taproot soft fork upgrade
14.11.2021
Taproot soft fork introduces the concept of Merkelized Abstract Syntax Tree (MAST) to improve the scripting capabilities and privacy of the Bitcoin network
Russian Nationalists Prepare Bill to Regulate Cryptocurrency Mining
13.11.2021
Lawmakers from the Liberal Democratic Party of Russia are gearing up to introduce a draft law designed to regulate crypto mining. The nationalists say the legislation will benefit both Russian citizens and the state, as well as those who want to get involved in the business legally. Nationalists...
Chinese provincial official expelled for violating crypto mining ban
13.11.2021
A former CCP official from Jiangxi province allegedly abused his administrative powers to undermine the political principle of “two maintenance,” which relates to the notion of firmly maintaining the authority of the party
Bitcoin’s Hashrate Soars 42% Higher Over the Last 3 Months Following Crypto Asset’s 36% Price Increase
13.11.2021
While bitcoin has been hovering above the $60K handle for a great majority of the last 28 days, the network’s hashrate has jumped considerably during that time as well. Since August 13, Bitcoin’s hashrate has climbed 42% from 110 exahash per second (EH/s) to today’s 157 EH/s....
Altcoin Roundup: 3 Proof-of-work protocols focused on building Web 3.0
13.11.2021
Proof-of-work models are evolving to support the growth of Web 3.0. Here’s 3 projects that offer miners substantial rewards for supporting the network
Moonshot to $90K — After Bitcoin Upgrade Taproot Activates, Crypto Advocates Expect the Price to Rally
13.11.2021
In mid-June, the ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot locked in at block height 687,285 and was mined by the bitcoin mining pool Slushpool. Taproot is expected to activate on the network on Saturday, November 13, 2021, and the upgrade is considered...
Meet the Antminer S19 XP — Bitmain Reveals ASIC Manufacturer’s Most Powerful Bitcoin Miner
12.11.2021
At the World Digital Mining Summit in Dubai, the leading application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer, Bitmain, revealed the company’s most powerful bitcoin mining device to date. The new Antminer S19 XP will boast up to 140 terahash per second (TH/s)...
AMC Starts Accepting Crypto, Regulatory Meetings, Bitcoin Mining Difficulty + More News
12.11.2021
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: AMC Starts Accepting Crypto, Regulatory Meetings, Bitcoin Mining Difficulty + More News
Bitcoin Miners See High Prices as 'Opportunity,' Become Sellers
12.11.2021
Bitcoin (BTC) miners have once again turned into net sellers of bitcoin, with miner inventories dropping to levels not seen since early September. However, miners aren’t necessarily turning bearish “en masse,” although some are looking to offload “excess inventory,” according to an analyst....
Bitfarms expands to US, plans green crypto mining operation in Washington
11.11.2021
The company estimates the completed U.S. facilities will be able to produce 3.7 Bitcoin daily at a cost of roughly $4,000 per BTC