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El Salvador Launches First Volcano-Powered Bitcoin Mining Pool - Here's What You Need to Know
5.10.2023
On October 4, El Salvador announced the launch of Lava Pool, the country's first Bitcoin mining pool powered entirely by renewable geothermal energy. The venture represents an important milestone in El Salvador's efforts to integrate Bitcoin into its energy infrastructure....
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Volcano Energy Launches First Bitcoin Mining Pool in El Salvador
5.10.2023
Volcano Energy, a renewable energy-focused Bitcoin mining company, has announced a strategic partnership with Luxor Technologies, a Bitcoin mining tech company, to launch Lava Pool, the first Salvadoran Bitcoin mining pool. Lava Pool will be harnessed by Volcano Energy, a company building a mining...
The Halving and Bitcoin ETFs Will Shake up the Crypto Mining Market in 2024 – GoMining CEO Mark Zalan
5.10.2023
GoMining is an innovative cryptocurrency mining project driven by a vision to revolutionize the industry and promote inclusivity. With the objective of making crypto mining accessible, efficient, and highly profitable for individuals of all backgrounds, they have assembled a team of accomplished...
Uzbekistan Permits Only Legal Entities to Mine Cryptocurrencies Using Solar Power
4.10.2023
The Republic of Uzbekistan has approved new regulations for issuing licenses for cryptocurrency mining activities.
The National Agency for Advanced Projects (NAAP), an organization primarily responsible for crypto markets oversight, has finally released a new framework on the procedure...
Bitcoin mining restricted to legal entities in Uzbekistan: Official
4.10.2023
Cryptocurrency mining in Uzbekistan can only be carried out by legal entities with the use of solar power, the local crypto watchdog has reiterated
El Salvador launches first Bitcoin mining pool as Volcano Energy partners with Luxor
4.10.2023
El Salvador’s ambitious renewable energy Bitcoin mining operation welcomes its first mining pool as Volcano Energy partners with Luxor
What is the CryptoNight mining algorithm, and how does it work?
4.10.2023
Blockchain technology relies on mining algorithms, such as CryptoNight, to regulate cryptocurrency projects. Find out here what CryptoNight is and how it works
Promoters and Attorney of $100 Million Crypto Mining Ponzi Scheme Sentenced to Prison
4.10.2023
Three individuals involved in a global fraud and money laundering operation linked to the cryptocurrency scheme, AirBit Club, have received prison sentence, Department of Justice revealed in a press release.
Scott Hughes, an attorney who played a key role in laundering approximately $18 million...
Bitcoin Miners Brace for Increased Challenge as Network Difficulty Hits New High of 57.32 Trillion
3.10.2023
On October 3, 2023, at block height 810,432, the Bitcoin network experienced its second consecutive difficulty increase since September 19. The challenge of uncovering block rewards escalated as the difficulty reached a new pinnacle, rising by 0.35% to 57.32 trillion on Tuesday. Bitcoin Network...
From Half a Million to 27K: Bitcoin’s Transaction Backlog Set to Clear for First Time in Four Months
3.10.2023
It’s been a captivating four months since Bitcoin’s mempool last emptied, and with the recent downturn in Ordinal inscriptions this month, the backlog now holds a mere 27,210 unconfirmed transactions. Bitcoin’s Transaction Backlog Nears End as Ordinal Inscriptions Wane A little...
Today in Crypto: Kazakh Mining Firms Stop Machines and Ask the President to Cut Energy Prices, Chainalysis Finds 'Notable' Decline in Eastern Asia’s Crypto Activity
3.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Kazakh Mining Firms Stop Machines and Ask the President to Cut Energy Prices, Chainalysis Finds 'Notable'...
Kazakhstan’s Miners Write Letter to President, Makes Plea For Lower Energy Prices
3.10.2023
Digital asset miners in Kazakhstan have written an open letter to President Kassym-Jomart Tokayev asking for lower energy prices.
According to reports from local media sources, eight major mining firms penned their signatures to the letter as more miners suspend their activities in...
Galaxy's Head of Mining Amanda Fabiano Departed to Start Consulting Company
3.10.2023
Fabiano’s new company will work with Compass Mining and Giga Energy, among others
Kazakh crypto miners plead with President to cut energy prices
3.10.2023
Eight major cryptocurrency mining operators signed an open letter to the President of Kazakhstan, Kassym-Jomart Tokayev
Analyst Lists 5 Reasons BTC Price Can Hit $40,000 In October, As Bitcoin Minetrix Hits $350,000
2.10.2023
There are five reasons to be bullish on the coming quarter and year in general, pseudonymous crypto analyst @bitbitcrypto argued on Twitter on Sunday.
Firstly, he cited the fact that October is usually a strong month for Bitcoin. Indeed, Bitcoin hasn’t fallen in October since 2018.
That history...
Bitfarms Mines 411 BTC in September, Increases Hashrate by 9%
2.10.2023
Canadian Bitcoin (BTC) mining firm has increased its production capacity this year with eyes locked on better opportunities hinged on the upcoming BTC halving.
According to an Oct. 2 press release on the firm's mining operation for September, the company increased its hashrate, capacity,...
Bitfarms increases mining pace, generates 411 BTC in September
2.10.2023
Bitfarms, one of the largest Bitcoin miners in the world, believes that many of its best growth opportunities will arise from the upcoming BTC halving
FWEN Token Shoots Up 1,000% Overnight and New Bitcoin Project Goes Viral For Makes Mining Simple – 100x Potential?
2.10.2023
In the latest surge on-chain FWEN has surged +1,000% - as market interest gravitates to the Friend-Tech linked, BASE-launched, airdrop token.
With the ongoing FWEN airdrop seemingly distributing supply in 10% increments, excitement is growing ahead of a posited next-round of the airdrop today...
BTC price hits 'Uptober' up 5% — 5 things to know in Bitcoin this week
2.10.2023
BTC price starts the celebrated month of "Uptober" with a trip past $28,000, but the question on everyone's lips is whether Bitcoin can hold its ground
Crypto Miners Blame ‘Exorbitant Taxes’ for Kazakhstan Exodus
2.10.2023
Licensed crypto mining companies have urged the government in Kazakhstan to revise its taxation policy regarding the sector, which they say is in dire straits. The largest mining firms plan to leave the Central Asian nation by the end of this year, warned the members of the industry. Miners...