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A researcher debunks Stock-to-Flow model, likens Bitcoin to a 'tech stock'
8.10.2020
"There are many reasons why the price of Bitcoin can rise or fall, but S2F is not one of them”, contends report author
Interest in Bitcoin Soars in Egypt Amid Economic Crisis and Unemployment
3.10.2020
A growing number of Egyptians are reportedly turning to bitcoin amid rising unemployment and the economic crisis. An Egyptian bitcoin community is seeing a huge spike in the number of members interested in bitcoin mining and trading. Egyptians Increasingly Attracted to Bitcoin Many Egyptians...
Abkhazia Lifts Two-Year Ban on Bitcoin Mining, Moves to Regulate the Sector
3.10.2020
Abkhazia, the self-governing but disputed territory of just 245,000 people sandwiched between Russia and Georgia, has lifted its two-year ban on cryptocurrency mining. The ban came into effect in December 2018 after a surge in mining activity left the region facing an energy crisis. Now,...
Bitcoin Miners Saw 11% Revenue Drop in September
2.10.2020
Miners generated an estimated $328 million in September
Canaan Shares Dipped Only 2% in Q3 in Fourth-Straight Quarterly Drop
30.9.2020
The Nasdaq-listed mining manufacturer dropped 2% in Q3
MyEtherWallet’s founder used to pay his rent by mining Bitcoin
30.9.2020
His big takeaway? Mining rigs give off a lot of heat
Bitcoin Miner Maker Ebang Narrows First Half Loss To $7 Million, as Covid-19 Hit Demand
29.9.2020
Ebang International Holdings Inc., the Chinese maker of bitcoin mining hardware, reported a net loss of $6.96 million during the first six months of this year, down from $19.07 million a year ago, as demand fell due to the coronavirus pandemic. Revenue plunged 51% to $11.04 million from $22.35...
Only 2.5 million Bitcoin left to mine
27.9.2020
But with Bitcoin demand on the rise, can we expect more scarcity?
Chinese Mining Rig Manufacturer Microbt Announces Offshore ASIC Factory
27.9.2020
On Friday, China-based bitcoin mining rig manufacturer Microbt announced plans to create an offshore facility that produces the company’s Whatsminer devices and parts for North America. The firm revealed the expansion news when it announced a recent partnership with the New York-based Foundry...
MicroBT Sets Up First Offshore Bitcoin Miner Factory to Expand US Market Share
25.9.2020
The new Southeast Asian facility will mean U.S. buyers won't have to pay an additional 25% tax on miner orders
Venezuela Passes Law Legalizing Crypto Mining, Forces Miners to Join National Mining Pool
24.9.2020
Reports say Venezuela has now legalized bitcoin mining following the decree recently issued by the National Superintendency of Crypto Assets and Related Activities (Sunacrip). As part of the new regulations, all entities and individuals interested in legally mining bitcoin and other...
Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining
24.9.2020
Iran is regulating bitcoin mining with an iron fist. But as U.S. sanctions and the pandemic put pressure on the economy, Iranians are seriously considering bitcoin as an alternative to the falling rial
Bitcoin Mining Legalized in Venezuela, Miners Must Join ‘National Pool’
23.9.2020
The government of Venezuela said that it has legalized bitcoin (BTC) and altcoin mining – but added that miners will have to obtain licenses and agree to be supervised by regulators.
According to media outlet Criptonoticias, the government has issued an official decree stating that all crypto...
Marty Bent on Why Bitcoin and Big Energy Are Unlikely Allies
22.9.2020
Bitcoin mining can help big energy companies produce more efficiently, increasing American energy independence in the process
Iran Grants Bitcoin Miners Exclusive Access To Electricity From Three Power Plants
22.9.2020
Iran has granted bitcoin miners exclusive access to electricity generated from three power plants for their mining activities, according to state power utility Thermal Power Plant Holding Company (TPPH). Mohsen Tarztalab, managing director of TPPH, told a local news agency on Monday that...
Is a Bitcoin ‘death spiral’ imminent following yesterday’s massive difficulty adjustment?
21.9.2020
Bitcoin experienced two massive mining difficulty adjustments recently. Is this something to be concerned about?
Binance's 'Innovation Zone,' Iranian Power Plants Eye Bitcoin Mining + More News
21.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Binance CEO, Changpeng Zhao, announced the creation of the so-called Innovation Zone, which the post said will allow users to trade...
Publicly Listed Energy Firm Equinor Exploits Gas Flaring in North Dakota to Mine Bitcoin
21.9.2020
Just recently, the firm Arcane Research recently revealed a number of screenshots from the publicly traded energy firm, Equinor. The pictures show the multinational company leveraging natural gas flaring to power bitcoin mining operations. In recent years, using the unorthodox gas flaring scheme...
Bitcoin Mining Difficulty Zooms to All-Time High, But BTC Price Moves Faster
20.9.2020
After the Bitcoin (BTC) mining difficulty jumped sharply today, mining has become 20% more difficult than right before the third BTC halving in May. However, in the same period of time, the price of the most popular cryptocurrency rallied by 27%, saving miners' profit margins.
On Sunday morning...
GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion
18.9.2020
California-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp. in a deal worth $40 billion. Nvidia, which specializes in making hardware for video game consoles and the crypto mining sector, said in a press release that it would pay Softbank a combination...