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Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving
14.6.2022
After reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low of 182 exahash per second (EH/s). While bitcoin’s USD value remains under the $23K zone, Bitcoin’s hashrate has managed to climb back above the...
Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per Second
11.6.2022
While Bitcoin’s mining difficulty was expected to decrease two days ago on June 8, instead the difficulty increased by 1.29% on Wednesday. On the same day, at block height 739,928, Bitcoin’s hashrate tapped an all-time high (ATH) reaching 292.02 exahash per second (EH/s)....
ORIGYN Announces the Launch of OGY to Power Its NFT Marketplace
10.6.2022
The Origyn Foundation has launched its utility token called OGY to power Impossible Things, the upcoming NFT marketplace that is tentatively scheduled to go live on June 13, 2022. The native token is currently trading on Sonic with plans to soon go live on Bitrue, MEXC, and other exchange...
‘Education Is Power’— Jack Dorsey and Jay-Z Launch a Bitcoin Academy in Brooklyn
9.6.2022
The founder of financial tech company Block Inc., Jack Dorsey announced he is collaborating with the rapper Jay-Z by launching a Bitcoin Academy in Brooklyn. The Bitcoin Academy’s mission aims to empower and provide education to the region. The project’s website further details that...
How Bitcoin Could Power a New Wave of Small Business Innovation
9.6.2022
Bitcoin transactions are a way for small businesses to reduce credit-card fees as well as pave the way to even more financial success
No more power surge: Community celebrates as Ropsten testnet merge goes live
9.6.2022
Musician Jonathan Mann celebrated the merge singing "no more power surge" and "ETH to the moon."
Lummis-Gillibrand bill establishes SEC-CFTC balance of power over crypto markets
7.6.2022
The comprehensive new bill sorts out regulators and addresses taxes, environmental impact, security and other major questions surrounding digital assets
Japanese Justice Ministry Wants Law Enforcers to Have Power to Seize Crypto
7.6.2022
Japan’s Ministry of Justice wants to give courts and police officers the power to seize cryptoassets in criminal cases – and could allow the state to take control of tokens that have been used in money laundering operations....
Read More: Japanese Justice Ministry Wants Law Enforcers to Have...
New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature
3.6.2022
The state of New York passed a bill that puts a moratorium on specific types of cryptocurrency mining operations that leverage carbon-based energy sources. The policy will place a two-year ban on proof-of-work (PoW) mining if the assembly bill is approved by New York governor Kathy Hochul. New York...
Kenyan energy company entices Bitcoin miners with geothermal power
3.6.2022
The country’s main electricity producer has issued a general invite for Bitcoin miners looking to take advantage of its renewable energy facility near the capital, Nairobi
Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1
1.6.2022
The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint digital currencies, which was introduced in January. Crypto Mining Increases Budget Revenues...
Bitcoin Miners Under 'Stress', Euro's Purchasing Power Wanes, Fidelity Beyond BTC + More News
31.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin Miners Under 'Stress', Euro's Purchasing Power Wanes, Fidelity Beyond BTC + More News
Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests
28.5.2022
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to bring the sector out of the shadows and regulate it. Crypto Miners Burn More...
The key technologies that power the Metaverse
28.5.2022
Multiple metaverses use various technologies to build immersive worlds. Read about the key technologies that power the Metaverse
Power of the People: DAO Tokens like Sanzooz Finance & Uniswap Democratize Crypto!
25.5.2022
DAO Tokens are evolving in the crypto market and are becoming more and more desirable. Such tokens involve the investors in the decision-making process, which provides them with an additional sense of security with a promise of profits. DAOs (Decentralized Autonomous Organisations) are open-source...
Gamestop Launches Web3 Ethereum Wallet That Leverages Loopring’s ZK-Rollup Tech
23.5.2022
This week, the consumer electronics and gaming software retailer, Gamestop, has officially revealed the company’s self-custodial, Web3 ethereum wallet. The wallet is currently in beta form and now available via the firm’s web portal, in order to provide users with a wallet that stores...
Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm
19.5.2022
Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining devices from an illegal crypto farm. Abkhazia Shuts Down Crypto...
Ethereum Hashrate Taps an All-Time High Amid This Week’s Crypto Market Meltdown
15.5.2022
Amid the crazy week in the world of cryptocurrencies and the Bitcoin network’s mining difficulty reaching a lifetime high at 31.25 trillion, Ethereum’s hashrate tapped an all-time high on May 13, at block height 14,770,231. Cryptocurrency miners continue to dedicate large quantities...
Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown
15.5.2022
Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic, considered one of Russia’s capitals of underground coin minting, carry out regular raids against such facilities....
Proposed Crypto Mining Ban in Norway Fails to Gain Support in Parliament
13.5.2022
A push to prohibit the energy-intensive proof-of-work mining of cryptocurrencies in Norway has been rejected by the majority of lawmakers. The ban had been suggested by the far-left Red Party which also didn’t win backing to raise an electricity tax for crypto miners. Norway Will Not...