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Russian Law for Digital Assets Altogether Encouraging and Discouraging

Anthony Ward Nov 24, 2022 0 Comments

The Russian law proposal pertaining to “Digital Financial Assets” through which the state wishes to legalize crypto mining has been amended further. Amendments aim at legalizing minting and banning advertisements,…

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Possible Lawsuit For Bitcoin Miner For Disclosing Financials Improperly

Anthony Ward Nov 16, 2022 0 Comments

On Monday, a court filing revealed that a lawsuit was filed against Core Scientific, as the bitcoin miner did not disclose a number of adverse financial situations to its shareholders…

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Iris Energy’s Form 6-K Reveals Bitcoin Miner Heading Towards Loan Default

Anthony Ward Nov 13, 2022 0 Comments

Iris Energy, a popular Bitcoin miner, could default in the payment of loans obtained from financial institutions. The potential default is evident in the company’s Form 6-K submission to the…

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Upcoming Ethereum Merge Could Have Potential Risks For Miners

Anthony Ward Oct 18, 2022 0 Comments

As the Ethereum network will soon undergo major transitions after the Merge, miners are asking how it can affect them. That’s because the new network will rely on proof-of-stake to…

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New Mineable Coins to be launched by Hive Blockchain Prior to Ethereum Merge

Anthony Ward Sep 6, 2022 0 Comments

Hive Blockchain has made an announcement in regards to replacing Ether (ETH) mining. The cryptocurrency mining company has announced that it will start mining other cryptocurrencies instead of Ether. The…

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Cleanspark’s Mining Power Has Increased, Producing 13.25 BTC Per Day

Anthony Ward Sep 5, 2022 0 Comments

Cleanspark has recently made the announcement in regards to growth in its mining power. The Bitcoin miner has revealed that their growth underwent great acceleration even during the crypto winter.…

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This Bitcoin (BTC) Miner Endured the Wave; Will You?

Spencer Macdonald Aug 19, 2022 0 Comments

Bitcoin miners saw massive plummets since the cryptocurrency market capitulation. Though participants hope for the best, nothing has improved. A leading BTC mining firm, Stronghold Digital Mining (SDIG), published its…

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Evaluating What’s in Store for BTC Miners at the Moment

Spencer Macdonald Aug 14, 2022 0 Comments

The mining business endured massive losses following the crypto winter, which impacted crypto prices. Meanwhile, Bitcoin miners struggled to accumulate profits within the past few months. Moreover, surging electricity prices…

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China Defies Legislation; Returns as No 2 Bitcoin Mining Country

Evan Watts May 17, 2022 0 Comments

Despite outlawing digital assets, China retains the 2nd spot as the second top BTC mining nation, with about one-fifth of the worldwide mining productions coming from the country. The country…

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Bitcoin Mining Difficulty To Reduce Tomorrow

Evan Watts Nov 27, 2021 0 Comments

Bitcoin's hash rate has experienced volatility of late, mirroring the volatility closely of the spot price market of the cryptocurrency. The hash rate of Bitcoin had come close to the…

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Authorities In Russia Consider A Project That Proposes The Use Of Associated Petroleum Gas For Crypto Mining

Spencer Macdonald Nov 15, 2021 0 Comments

The Russian government is looking to approve the process of mining cryptocurrencies using APG – Associated Petroleum Gas. Oil and gas firms in the country are looking to generate power…

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Bitcoin Hash Rate Reach New High Following China Ban on Mining

Evan Watts Oct 28, 2021 0 Comments

The effect of China's Bitcoin mining ban is now negligible as there is a recovery in the network fundamentals. Bitcoin has recovered from the mining ban in China which resulted…

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Miami Mayor Advocates For Nuclear-powered Bitcoin Mining

Evan Watts Sep 29, 2021 0 Comments

Francis Suarez, Miami Mayor, is a powerful advocate for Miami to become a hub for Bitcoin mining. He considers the fact that Miami has nuclear power to be an advantage…