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State Street's 'Mega' Crypto Plan, Hayes Pleads Guilty, Flexpool's Message to Russia, Pulled NFT Sale + More news
25.2.2022
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: State Street's 'Mega' Crypto Plan, Hayes Pleads Guilty, Flexpool's Message to Russia, Pulled NFT Sale + More news
Russian miners keep running, may see pivot to Bitcoin in response to sanctions
25.2.2022
With sanctions coming from the U.S. and allied NATO nations, it is unclear how the local BTC sector and the broader market will be impacted, however, Russian crypto mining appears to be operating smoothly for the time being
Tonga's timeline for Bitcoin as legal tender and BTC mining with volcanoes
24.2.2022
The tiny Pacific nation of Tonga could have Bitcoin as legal tender by Q2 and Bitcoin mining by Q3 of 2023
Miners Have Moved 30% of Their Equipment Out of Kazakhstan, Industry Organization Claims
24.2.2022
Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news comes amid electricity shortages and upcoming tax hikes that are turning miners away from the Central Asian nation. Bitcoin...
Russian Finance Ministry Outlines its Vision of Bitcoin Mining Regulation
23.2.2022
Russia’s Ministry of Finance has explained how it plans to regulate – and tax – the nation’s crypto mining sector....
Read More: Russian Finance Ministry Outlines its Vision of Bitcoin Mining Regulation
A Healthy US Bitcoin Mining Industry Could Generate Significant Tax Revenue
23.2.2022
Tax revenue inflows from bitcoin mining companies could represent a meaningful windfall for the United States government
Canada to host Bitfury's new 28MW crypto mining facility
23.2.2022
The new crypto mining facility in Sarnia, Ontario is expected to operate at 16 megawatts by the end of this month and will be scaled to operate at 28 MW by May
Kazakh ministry halts illegal crypto mining operations
22.2.2022
Government efforts to identify and disconnect mining farms from the electrical networks will continue, according to the announcement
Report: Chinese Customs Authority Confiscates 49 Old ASIC Antminers
22.2.2022
Chinese authorities continue to crackdown against bitcoin miners after they seized 49 second-hand Bitmain ASIC Antminers from unnamed individuals that recently attempted to smuggle in the devices using falsified documents. Devices to Be Disposed of in Accordance With Regulations Huangpu Customs...
Kazakhstan likely to lose Bitcoin hash rate leadership in next index update
21.2.2022
Several Chinese crypto mining giants like BIT Mining have already scraped some of their expansion plans in Kazakhstan
Georgia punches well above its weight for Bitcoin mining: Report
21.2.2022
The tiny population of Georgia is a dark horse for Bitcoin mining, contributing close to one percent of the industry’s total hash rate, according to a report by Arcane research
Intel unveils 2nd-gen Bonanza Mine chip for efficient Bitcoin mining
21.2.2022
Intel's new chips are powered by a high-performance miner to deliver up to 40TH/s in a balanced environment
Is Solo Bitcoin Mining Making a Comeback?
19.2.2022
While you probably missed out on the chance to mine Bitcoin (BTC) on your laptop in the early years of Bitcoin, there’s good news for those who still want to get into at-home mining. Stories have emerged of solo Bitcoin miners finding new blocks to receive block rewards.
Read on to learn more...
Georgia lawmakers consider giving crypto miners tax exemptions in new bill
18.2.2022
The state is expected to have 56,000 Bitmain miners operating by October as part of an agreement with Bitmain, ISW Holdings, and Bit5iv
Flower powered: Bitcoin miner heats greenhouses in the Netherlands
17.2.2022
A greenhouse in the Netherlands warmed with Bitcoin miner waste heat brings new meaning to the word "Dutch oven."
Bitcoin Mining Difficulty Hits Its 3rd All-Time High in a Row
17.2.2022
Bitcoin (BTC) mining difficulty has made another jump, hitting a new all-time high (ATH) – the third one in a row.
Further cutting into the miners' profit margins, the mining difficulty (the measure of how hard it is to compete for mining rewards) just went up 4.78%, reaching almost 27.97...
Oil giant ConocoPhilips reduces gas flaring emissions via Bitcoin mining
17.2.2022
Oil and gas giant ConocoPhilips has entered the Bitcoin mining business in a bid to profitably reduce carbon emissions
Bitcoin Miners Get Creative as Mining Difficulty Set for New All-Time High
16.2.2022
Bitcoin (BTC) miners are increasingly turning to creative methods to become more efficient, while at the same time attempting to improve the image of the electricity-guzzling industry. The new initiatives come as the difficulty of mining new BTC is already at it its highest level ever, and...
“Clean” Bitcoin (BTC) Mining Is Coming via Greenhashes Company
16.2.2022
While Bitcoin is growing and miners are increasing their mining capacity, the question “What is happening to our most valuable resource – the environment” remains open. Is it true that mining is a threat to the environment? If yes, what can we do about it? Mining is the process...
China Says it Has Closed all Crypto Exchanges – But Traders, Miners May Still Be Active
16.2.2022
The Chinese central bank – the People’s Bank of China (PBoC) – says that all crypto exchanges and peer-to-peer (P2P) trading platforms have now been closed down on the Mainland. But it appears the authorities are still fighting an ongoing struggle against crypto mining, with many advocates...