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Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs


A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity. According to data from the Social Care Institute, the entire bitcoin mining industry is responsible for only 383 direct jobs, with over 40 companies...

Bitcoin’s Last Difficulty Drop Likely to Be Erased in 3 Days


Bitcoin’s hashrate is on the rise once again, edging closer to the peak levels seen at the end of July. Despite a recent 4.19% dip in difficulty during the last retarget, current projections suggest that this drop might soon be history. On Aug. 28, the difficulty is expected to bounce back...

Your Lord Of The Rings: The Rings Of Power Refresher Ahead Of Season 2


Amazon’s massive fantasy series, The Lord of the Rings: The Rings of Power is set to kick off its second season on the streaming service on August 29. The prequel takes place thousands of years before the events of the J. R. R. Tolkien novels The Hobbit and The Lord of the Rings, though there...

Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis


Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim that unauthorized crypto mining has significantly strained Iran’s power grid, leading to widespread industrial...

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