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Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still Profitable
15.11.2021
While bitcoin’s value has remained well above the $60K range, the network’s hashrate has surged to over 184 exahash per second (EH/s) as mining devices are far more profitable at these prices. The price has made it so that older generation mining devices manufactured over four years...
Litentry Blockchain Offers Massive Potentials to Crowdloan Investors
14.11.2021
PRESS RELEASE. The blockchain industry is an ever-evolving world and Litentry is at the forefront of this revolution. Litentry intends to create a truly decentralized identity aggregation solution that will power web 3.0 applications. Its blockchain architecture is advanced and has witnessed...
IoTeX Invests in PlaceWar to Power Web3 Gaming Prospects
12.11.2021
In an interesting development, IoTex Foundation extended both financial and strategic support to PlaceWar. Making an announcement in this regard, PlaceWar said that it had received investment and strategic partnerships support from the IoTex. This means IoTex will not only invest money in...
EPNS Joins Hands with IoTeX to Power IoT Blockchain Capabilities
12.11.2021
EPNS announced the introduction of a pilot initiative to give decentralized push notifications to IoTeX blockchain customers in order to enable them to integrate IoT blockchain solutions extensively into their businesses. The specific operational process related to this pilot project is...
Bitcoin miners look toward nuclear power for sustainable energy
11.11.2021
Several major players say that nuclear energy might be the best choice for Bitcoin miners
Iran Continues Crackdown on Illegal Crypto Mining, Seizes Hundreds of Mining Rigs
10.11.2021
Authorities in Iran persist with their efforts to curb unauthorized cryptocurrency mining. The state-run power distribution company has recently identified over a dozen underground crypto farms in Tehran and other regions, unplugging hundreds of mining units illegally connected to the grid. Power...
Swedish Regulators Call for EU Ban on Crypto Mining, Power Company Defends Industry
10.11.2021
Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would encourage a move towards a more energy-efficient extraction of bitcoin...
Bitfarms Reveals Argentina Mega-Mining Farm Location Details
9.11.2021
Bitfarms, the Canada-based Bitcoin mining unicorn, has at last revealed details about its activities in Argentina. The company says that the Bitcoin mega mining farm, whose construction started last month, will be built in the province of Cordoba, in association with a private power plant. Bitfarms...
Major Swedish Power Company Defends Bitcoin Mining as Regulators Propose Ban
8.11.2021
A joint statement from the directors-general of the Swedish Financial Supervisory Authority and the Swedish Environmental Protection Agency has called for a total ban on proof-of-work mining of cryptocurrencies, such as Bitcoin (BTC), within the EU. Meanwhile, Sweden’s state-owned power company...
LBank: DafriBank Aims for Making DBA Africa’s Number 1 Cryptocurrency
8.11.2021
PRESS RELEASE. Since blockchain technology and crypto have become the power of the next industrial revolution in recent years, Africa has been making concerted efforts to ensure inclusion in the conversation. As a multipurpose African bank with over 200,000 customers around the world, DafriBank...
3air Solves Africa’s Massive Internet Access Problem With Cardano-Based ISP Platform
5.11.2021
PRESS RELEASE. 3air is using an ISP platform built on Cardano to provide internet to the most unconnected regions in Africa. November 2nd, 2021, Dubai, UAE – Today, 3air, a blockchain-based startup, announced it will leverage the power of decentralization to provide internet connectivity...
Kazakhstan President Demands ‘Urgent’ Regulation of Crypto Mining Amid Power Shortages
4.11.2021
Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has insisted on the need to maintain power supply for the industry and population, calling for urgent legal regulation of the expanding...
Amid Risk of Power Deficit, Ukraine Shuts Down Another Crypto Farm
3.11.2021
With а growing threat of electricity shortages in the winter months, Ukraine has busted another large coin minting facility illegally drawing power from the grid. The country’s security agency announced it’s stepping up efforts to ensure the nation’s energy system...
Venezuelan Authorities Seize More Than 100 Miners From Clandestine Bitcoin Mining Operation
1.11.2021
Venezuelan authorities seized over a hundred mining machines in a residential area of a central state. According to reports, the mining farm was operating illegally without permits that the national cryptocurrency watchdog, Sunacrip, requires for these operations. The seizure was led by...
Russia Considers Selling Power to Kazakhstan Amid Deficit Caused by Crypto Miners
30.10.2021
State-owned Russian energy giant Inter RAO is now discussing electricity supplies for Kazakhstan where crypto miners have allegedly caused a spike in consumption this year. The country is expecting the power deficit to reach 600 megawatts as demand during the winter increases even further....
Bitfarms Mega-Mining Facility Raises Concerns Among Legislators in Argentina
25.10.2021
The construction of a bitcoin mega-mining farm in Argentina by Bitfarms is raising concerns for legislators. Martín Berhongaray, a national deputy, recently presented a resolution to force the government to disclose information about the installation of the facility, through representatives...
Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates
23.10.2021
Authorities in Kazakhstan have calculated the energy used in the country’s crypto mining industry which competes for electricity with other sectors of the economy and households. The government has also estimated the additional supply necessary to meet the growing demand from mining farms...
Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations
23.10.2021
The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming...
You’re Probably Not Actually Stuck In Metroid Dread
22.10.2021
Maybe you’ve been playing Metroid Dread since it hit Nintendo Switch on October 8, but put it down out of frustration from being stuck in the dang game. Or is that just me? Good news: you’re not actually stuck. It’s just easy to not realize what blocks are destroyable while you’re exploring.Read...
Abkhazia to Build New Crypto Mining Technopark – and a Power Station to Fuel it
21.10.2021
The fate of Bitcoin (BTC) and crypto mining in the de facto Caucasus-based state of Abkhazia has taken another bizarre turn after the government announced it would be building a new IT park dedicated to mining tokens.
EADaily reported that the President of Abkhazia, Aslan Bzhania, made...