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Bitcoin Hashrate Rises Despite Price Drop, Mystery Hashpower Returns

5.12.2021
Bitcoin’s hashrate has increased a great deal, even after the leading crypto asset’s price slipped below the $50K price zone. Eight days ago the network hashrate was coasting along at 168 exahash per second (EH/s), and this past week it increased 7.73% to today’s 181 EH/s....

China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations

5.12.2021
The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises that continue to operate in the region. Hainan to Ensure Crypto Miners...

Russia, Ukraine Shut Down Several Cryptocurrency Farms

5.12.2021
Authorities in Russia and Ukraine have closed down a number of illegal crypto mining facilities allegedly powered by stolen electricity. The underground farms have been discovered around the capital cities, Kyiv and Moscow, as well as in the Russian republic of Dagestan. Russia Busts Illegal Mining...

Chinese Crypto Mining Crackdown Turns Focus to PC Rooms and ‘Home Miners’

4.12.2021
  Having effectively eliminated its industrial crypto mining sector, China is now going after the small fry: internet café and PC gaming room operators – and even those mining on rigs and cards at home – as Beijing moves to squash the mining industry once and for all.... Read More: Chinese Crypto...

Paraguayan Senate to Debate Taking Bitcoin Mining ‘Out of the Grey Area’

2.12.2021
  Paraguay is inching closer to legalizing Bitcoin (BTC) and crypto mining – and potentially opening up its huge hydroelectric power capacity to industrial miners – with more senators lending their support to a key proposal. The bill has been in the pipelines for several months, and was...

Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal

30.11.2021
After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose acquisition company (SPAC) deal. Griid will be listed on the New York Stock Exchange (NYSE)...

Russian Governor Who Slated Miners in October Now Plans to Welcome Them

30.11.2021
The Governor of a Russian province who just weeks ago was blasting crypto miners has now offered to help them set up shop in the region and provide support for people mining tokens. As reported in October, the Irkutsk Region Governor Igor Kobzev called on the Russian Deputy Prime Minister and...

Moonlift Announces Rebranding Changes Name to Moonlift Capital

29.11.2021
PRESS RELEASE. Blockchain protocol Moonlift has unveiled a new name and new product release as part of an extensive rebranding initiative. The blockchain project will be known as MoonLift Capital and launch a decentralized exchange that allows token swaps and liquidity mining features. MoonLift...

Bitcoin Mining Difficultly Breaks the Longest Gain Streak Since 2018

29.11.2021
Bitcoin (BTC) mining difficultly dropped this past Sunday for the first time in four months. Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, went down by 1.49%. This relatively small drop is significant nonetheless as it’s the first one since the end...

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