Core Scientific Sold Over 1,100 BTC in August for $26 Million
The Texas-based cryptocurrency mining firm – Core Scientific – produced 1,334 BTC in August and sold 1,125 BTC of that stash for approximately $25.9 million. In June this year, when…
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Crypto miner Poolin pauses BTC and ETH withdrawals, citing ‘liquidity problems’
“We will make a snapshot of the remaining BTC and ETH balances on pool on September 6th to work out the balances," said Poolin.
The Bitcoin bottom — Are we there yet? Analysts discuss the factors impacting BTC price
$20,000 is becoming the “new” resistance for BTC price even though multiple indicators are screaming “buy.” Analysts share their views on the future of Bitcoin price.
Bitcoin Mining Can Revolutionize Energy Production: Arcane Research
Arcane Research – a digital asset analysis firm – has published a report examining Bitcoin mining, and its relationship with global energy. The paper argues that the mining industry can…
Armenia aims to position itself as a Bitcoin mining hub
The post-Soviet republic took a friendly stance on crypto, but heavily relies on foreign energy.
President of Paraguay Mario Abdo Vetoes Cryptocurrency Bill
The President of Paraguay, Mario Abdo has issued an executive veto on a recently approved cryptocurrency bill. Abdo’s veto decree states cryptocurrency mining is an “energy-intensive” and a low-value-added activity.…
Bitcoin Mining Difficulty Sees Largest Increase Since January
Bitcoin’s hash rate is recovering fast – and it has the mining difficulty to prove it. The network’s latest difficulty adjustment rose the mathematical bar for mining a block by…
Paraguay’s President Turns Down a Proposed Crypto Mining Bill
The President of Paraguay – Mario Abdo Benítez – vetoed a bill that could have regulated cryptocurrency mining and turned it into an industrial activity. The reason appears to be…
Bitcoin could become a zero-emission network: Report
Bitcoin mining with flared gas and animal waste gases could help the world’s largest cryptocurrency on a path to becoming zero-emission money.
Bitcoin Mining Difficulty Expected to See Largest Increase in 7 Months
The bitcoin mining difficulty is expected to see its largest increase in over seven months later this week. This comes as the hash rate has surged by almost 30% in…
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