Crypto Biz: The rise of the Bitcoin treasury, Dec. 30–Jan. 6
Michael Saylor’s MicroStrategy showed corporations that holding Bitcoin on their balance sheet is a viable strategy to hedge against inflation.
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Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests
Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has already deployed over 10,000 pieces…
Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners
The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the booming crypto mining industry. Problems with power supply are driving…
Iran Allows Renewable Power Plants to Supply Crypto Miners With Electricity
Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners. The move comes after the government asked mining companies to…
5 ways derivatives could change the cryptocurrency sector in 2022
Retail and institutional investors love derivatives instruments. Here‘s how they could impact crypto markets in 2022.
Power Deficit Forces Crypto Miners to Leave Kazakhstan
Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including some of those that moved in amid China’s crackdown on…
Crypto mining reportedly rises in Thailand due to Chinese crypto ban
Thailand is among the countries capitalizing on China’s crypto crackdown, with retail investors increasingly mining crypto.
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…
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…
Iran halts authorized crypto mining to save energy for winter
Iran previously put a temporary blanket ban on crypto mining amid historically peak periods for power demand in summer.
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