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Nalezeno "US Mining": 6154

20% of Bitcoin Hashrate Is ‘Still in Mainland China,’ Report Claims


  As much as 20% of the world’s total bitcoin (BTC) mining hashrate may still be based in Mainland China despite September’s crackdown, a new report has indicated. Although Beijing has been seeking to make an example of miners who continue to defy its blanket ban on mining, authorities in...

Cryptocurrency Bill Advances to Chamber of Deputies in Paraguay


A cryptocurrency bill introduced in July to the Senate of Paraguay has been approved. The text, which defines several important concepts including virtual assets, and establishes the need for licenses to mine cryptocurrencies, will now advance to the Deputy Chamber to be discussed. Paraguay Could...

Bank of Russia Has Tools to Restrict Crypto Investments, Governor Hints


The Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina has recently indicated that the regulator has the means to restrict them. Nabiullina Insists...

Demand for Mining Hardware Spikes in Russia, Prices Rise


The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices, retail data indicates. This year, demand for application-specific integrated circuit (ASIC) machines has multiplied exponentially while video cards have been in short supply leading...

China Censors Crypto-Themed Short Videos Shared Online


An industry organization controlled by the Chinese government has updated a list of topics users of video-sharing apps should avoid. Crypto-related content is now among the entries along with traditional taboos in China like mocking its leadership, provoking sectarianism, and showing sex. Clips...

Illegal Crypto Miners Threatened With Jail Time in Russia


Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his nationalist party is working on draft legislation to regulate the crypto activity. The industry cannot rely on support from the state...

Russia: Total Ban on Crypto Ownership Still on Table, Says Top Official


  Russian lawmakers’ seemingly endless quest to introduce crypto regulation in the country could culminate in a complete ban on the ownership and purchase of coins, says the elusive regulation’s chief architect.... Read More: Russia: Total Ban on Crypto Ownership Still on Table, Says Top Official

Bitcoin Mining Contracts Ruled “invalid” By Beijing Court


In a decision that demonstrates China’s judiciary has no intention of acknowledging and safeguarding cryptocurrency-related concerns, a court in Beijing has dismissed a lawsuit demanding compensatory damages from a blockchain business after its customer failed to earn money on bitcoin mining....

Bitcoin Mining Hash Rate to Double in 2022, Compute North CEO Predicts


  With all of the new capacity that is being promised by major bitcoin (BTC) miners, the bitcoin network’s hash rate – or the computing power that goes into mining new coins – is likely to grow twice the current number over the following year, suggested Dave Perrill, CEO of mining infrastructure...

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