Bitcoin sees first downward difficulty move in 5 months amid ‘uncertainty’ over hodler spending
Long-term holders have distributed 5.8% of BTC accumulated since March, findings confirm.
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Bitcoin Mining Company Griid Plans for Public Listing on NYSE via SPAC Deal
After the vertically integrated bitcoin self-mining company Griid revealed it secured a $525 million credit facility from Blockchain.com, the company revealed it plans to go public via a special purpose…
Bitcoin transaction fees are down by over 50% this year
Transaction fees have dropped this year, after a spike earlier this summer.
Immersion Cooling Gets Attention From Miners Wanting to Squeeze More Power Out of Equipment
Bitcoin mining companies are now increasingly experimenting with immersion cooling, a form of cooling that allows them to get more hashpower out of existing miners. According to industry insiders, this…
More Regulations Proposed to ‘Streamline’ Mining Sector in Kazakhstan
Authorities need to expand the regulatory framework for cryptocurrency miners, a member of the parliament in Kazakhstan has suggested. The additional rules should streamline their activities and help correct the…
Data Shows a Myriad of Crypto Networks Are More Profitable to Mine Than Bitcoin
As the end of the year approaches, digital currency values have risen a great deal in 2021 and crypto asset miners have been profiting as a result. According to statistics,…
Bitcoin’s Hashrate Dips, Mining Difficulty Expected to Decrease for First Time Since July
Bitcoin’s hashrate has been volatile in recent times following the same patterns as the crypto asset’s price. Three days ago, Bitcoin’s hashrate neared the 180 exahash (EH/s) zone only to…
Hackers can use compromised Google Cloud accounts to install mining software in under 30 seconds: report
The report said the actors usually gained access to Cloud accounts because of “poor customer security practices” or “vulnerable third-party software.”
Russian Parliament Sets Up Working Group on Cryptocurrency Regulations
A working group on cryptocurrencies and related activities will soon begin to meet at the State Duma, the lower house of Russian parliament. Its members are expected to take on…
Russia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals
China’s crackdown on its crypto mining sector, launched earlier this year, caused a massive migration of mining enterprises to friendlier jurisdictions. Miners have been moving enormous amount of coin minting…
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