Ex-Wall Street execs lead new Bitcoin mining firm as US hash rate soars
PrimeBlock’s CEO was involved in the $98 billion direct listing for Coinbase that Goldman Sachs was leading.
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Kazakhstan expects at least $1.5B in economic activity from crypto mining within 5 years
Kazakhstan currently ranks No. 2 in the world in terms of Bitcoin mining hash rate.
US dominates global Bitcoin hash rate distribution after China crackdown
The United States now accounts for more than a third of the total Bitcoin mining activity with Kazakhstan and Russia also becoming major locations.
China’s crypto ban: Buy the dip or cause for concern?
China's regulatory policies toward crypto used to be a major factor in market activity.
Amount of ETH held by miners reaches highest level since 2016
Ethereum miners are reluctant to sell their assets and appear to expect further price increases.
Hash rate and difficulty rebound shows miners have recovered from China exodus
Bitcoin mining profitability is up 275% since before the May 2020 halving.
Bitcoin mining difficulty surges 31% since July
Mining new Bitcoin keeps getting harder, but the current difficulty is still far from its record highs.
Miners have accumulated $600M worth of Bitcoin since Feb
Bitcoin miners appear reluctant to sell their BTC as hashrate increases despite the recent sell-off.
Georgia on my mine: Bitmain brings 56K Bitcoin miners to the state
The $62 million deal is expected to generate $10 million in monthly revenue for ISW Holdings.
Roxe hires ex-IMF economist to lead Bitcoin-backed CBDC project
Central bank digital currencies are the next frontier for blockchain. Roxe wants to make BTC hashrate the anchor for future CBDCs.