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Ukraine to Legalize Crypto Mining + 10 More Crypto News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news The Ukrainian cabinet says it plans to legalize cryptocurrency mining “within the next two to three years,”...

Bitcoin Mining: An Evolution from CPU to ASIC


To a newcomer, the cryptocurrency market might seem like any other industry and some might even be intimidated by it. Scarcely would anyone believe that it is only 10 years old. In 2008, it was just a hobby for some scholarly enthusiasts motivated probably by ideals like breaking free from...

Video Shows $10M Chinese Bitcoin Mining Farm in Flames


During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic...

Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin


Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central...

Bitmain to Launch the World Digital Mining Map This October


During the World Digital Mining Summit (WDMS) - which will take place in Frankfurt on 8-10 October - Bitmain will launch the first platform to connect mining hardware owners with mining farm owners via the World Digital Mining Map (WDMM). The post Bitmain to Launch the World Digital Mining Map This...

Despite Lower Prices, Bitcoin’s Hashrate Remains Strong


People watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish these days is how BTC’s hashrate has doubled in the last three months. Even with today’s sluggish crypto...

Blockstream's Samson Mow on Their Main Focus and Mining Via Satellite


While mining operations have become a “cash cow business” for Blockstream, this major, U.S.-based blockchain company now puts its main focus on building their Liquid network, Chief Strategy Officer (CSO) Samson Mow told Cryptonews.com. Liquid, launched a year ago, is an inter-exchange settlement...

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