Auto Added by WPeMatico

Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High

20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months and this…

Continue ReadingEthereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High

This Thai Tech Corporation Spiked Almost 7000% in 2021 After Announcing a Crypto Mining Operation

Whoever thinks cryptocurrencies are boring definitely doesn’t know how much influence they can exert on the valuation of a business model for a traditional company. Call it hype, or call…

Continue ReadingThis Thai Tech Corporation Spiked Almost 7000% in 2021 After Announcing a Crypto Mining Operation

Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts

Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this…

Continue ReadingIran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts

Marathon Announced New Purchase of Bitmain Miners, Expects to Reach 23.3 EH/s for Early 2023

Marathon, one of the leading bitcoin mining companies in North America announced it has entered a new purchase agreement with Bitmain, a bitcoin mining machine manufacturer. This deal would allow…

Continue ReadingMarathon Announced New Purchase of Bitmain Miners, Expects to Reach 23.3 EH/s for Early 2023

Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners

The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia…

Continue ReadingRussian Government Allows Regions to Raise Electricity Rates for Crypto Miners

Matrixport Founder Jihan Wu Believes Crypto Space Will Swell to ‘Tens of Trillions of Dollars’

Seven months ago, during the first week of May, the digital currency entrepreneur Jihan Wu said at a conference that he expects the crypto industry to surpass the internet and…

Continue ReadingMatrixport Founder Jihan Wu Believes Crypto Space Will Swell to ‘Tens of Trillions of Dollars’

Working Group Meets to Prepare Regulations for Cryptocurrencies in Russia

A crypto working group has held its first meeting at Russia’s parliament. Its members have been tasked to put forward legislative proposals designed to comprehensively regulate cryptocurrencies and related matters…

Continue ReadingWorking Group Meets to Prepare Regulations for Cryptocurrencies in Russia