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Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption


Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto...

Global PS5, Xbox & GPU Shortage Partially Blamed On $1 Part


As we talked about last week, the global supply shortage affecting all kinds of products, from consoles to phones to cars, is down to a lack of semiconductors. More specifically, though, one of the biggest culprits is a shortage of display drivers, a tiny part that costs around $1.Read more

Bitcoin In Contango: How Pricing Differences Can Foreshadow Further Gains


Major differences in the spot price for bitcoin and the cost of buying the cryptocurrency in the futures market create unique opportunities for traders. Several factors may be behind this development, but it could be bullish for the bitcoin price outlook no matter the catalyst. Curious Developments...

Bitcoin Shortage? Pantera Thinks Market Rally Driven by PayPal Buys


PayPal’s recent leap into the crypto market is helping to drive the current bitcoin (BTC) rally, according to Pantera, a prominent cryptocurrency and blockchain investment firm. In an investor letter published Nov. 20, the venture firm compared the ongoing bull market to the last time BTC rose...

Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage


Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. Bitcoin miners...

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