Natural Gas Price Hike Hits Crypto Miners in Iran
Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a sharp increase in the price of the fuel. The new…
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Three crypto ETFs to be delisted in Australia as crypto winter continues
Two of the funds just received green lights for trading in the country in May, following regulatory approval.
Bitcoin mining firm Bitdeer could delay public offering to 2023
An SEC filing stated Safari Group shareholders could vote to give the company the option to extend the Bitdeer deadline up to four times until December 2023.
Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker Unveils
Newly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the draft law states that the circulation of the minted coins…
Publicly-Listed Bitcoin Miner Argo Blockchain’s Stock Gets Downgraded, Firm Offloads Close to 4,000 Bitmain Miners
On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a scheduled financing deal fell through. According to the company’s October…
Record hash rates may see Big Oil become a major BTC mining player
Big Oil’s influence over the Bitcoin network is growing stronger due to surging hash rates and distressed mining companies.
Core Scientific may consider bankruptcy following uncertain financial condition: Report
The mining firm has cited the low price of Bitcoin, electricity costs, an increase in the BTC hash rate, and litigation with Celsius playing a role in its financial difficulties.
Bitcoin Miner Cleanspark Acquires 3,853 Bitmain-Made BTC Mining Rigs for $5.9 Million
On Nov. 1, 2022, the bitcoin miner Cleanspark revealed it acquired 3,853 Bitmain-brand Antminer S19J Pro mining rigs for $5.9 million. According to Cleanspark, the company has purchased 26,500 bitcoin…
Ethereum flashes a classic bullish pattern in its Bitcoin pair, hinting at 50% upside
The formation of a bullish trading pattern suggests that the ETH/BTC pair could be on the verge of a trend reversal.
3 Bitcoin Mining Records Set in October — BTC Hash Price Taps Lifetime Low, While Hashrate and Difficulty Surged
This month bitcoin’s hash price tapped an all-time low of $66,500 per exahash on Oct. 25, according to statistics from the onchain market intelligence firm Glassnode. Alongside this, the network’s…
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