Stranded no more? Bitcoin miners could help solve Big Oil’s gas problem
Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem?
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Miners that hodl the most Bitcoin are ‘relentlessly expanding’
According to a series of mining metrics, not only are miners holding hard but they’re also dramatically increasing their hash rate.
ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program
The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a…
Crypto miner Hut 8 posts record revenue as BTC holdings surge 100%
The financial results weren’t all positive, however, as the Bitcoin miner posted a surprise loss in the fourth quarter.
Crypto Assets Can Help Russia Return to Global Financial Market, Lawmaker Says
Digital financial assets like cryptocurrencies can help Russia to reach the global financial market despite western sanctions, a lawmaker working on crypto regulations has stated. The official believes the country…
Kazakhstan Shuts Down Over 100 Crypto Mining Farms
More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked…
Over 100 illegal mining farms were shut down in enforcement raids in Kazakhstan
The Financial Monitoring Agency, Kazakhstan's financial watchdog, emphasizes the need to regulate the sector.
Bitcoin’s got 3 strikes, but investors remain calm despite price drop
Proof-of-work mining escaped severe regulatory pressure, but crypto derivatives and CNY Tether premium show investors' lack of excitement.
European Parliament votes against PoW ban, providing huge relief to the crypto industry
The moderate version of the regulatory framework's draft prevailed in the ECON committee voting.
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