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While BTC’s Hashrate Climbs Higher, Bitcoin’s Mining Difficulty Nears All-Time High

During the last 90 days, Bitcoin’s hashrate has been climbing higher and has been slowly nearing the all-time high (ATH) the network captured six months ago in May. The accelerated…

Continue ReadingWhile BTC’s Hashrate Climbs Higher, Bitcoin’s Mining Difficulty Nears All-Time High

‘We are the number two crypto miner in the world, and we see practically no financial return,’ says Kazakhstan President Tokayev

In addition to calling for greater regulation in the cryptocurrency industry, President Tokayez contemplated the introduction of a digital Kazakhstani tenge.

Continue Reading‘We are the number two crypto miner in the world, and we see practically no financial return,’ says Kazakhstan President Tokayev

Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto Mining

The government in Norway is considering ways to limit the environmental impact of cryptocurrency mining and may support Swedish proposals to that end, including a European ban on proof-of-work mining.…

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Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still Profitable

While bitcoin’s value has remained well above the $60K range, the network’s hashrate has surged to over 184 exahash per second (EH/s) as mining devices are far more profitable at…

Continue ReadingBitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still Profitable