3 reasons why Ethereum price can still retest $3K this month
A mix of technical, fundamental, and on-chain indicators show ETH price could boom higher as Q1 winds down.
Auto Added by WPeMatico
Demand for Mining Equipment Drops in Russia Amid Fears of Possible Ban, Report
Platforms listing ads for mining hardware have been registering declining demand since Bank of Russia’s call for a ban on the minting of digital currencies among other crypto activities. While…
El Salvador president predicts ‘gigantic price increase’ for Bitcoin
There is not enough Bitcoin for global millionaires if each of them wants to own one, Bukele said.
Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens
While Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an all-time high, a global shortage of semiconductor chips could slow the growing industry.…
Decommissioned Power Plant in Armenia to Host Crypto Mining Farms
Armenia is going to invite cryptocurrency miners to install their coin minting hardware in an old thermal power plant. The TPP will be decommissioned and the government intends to rent…
Georgia Goes After Crypto Miners Using Subsidized Electricity in Historic Town
A record high consumption of electricity blamed on illegal crypto farms in northwestern Georgia has caught the attention of authorities in the capital Tbilisi. The central government and the local…
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…
Demand for Mining Hardware Spikes in Russia, Prices Rise
The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices, retail data indicates. This year, demand for application-specific integrated circuit…
Only 10% of the Bitcoin supply left to mine
Fresh data shows 90% of the total Bitcoin supply is mined, but the rest will take a little longer to produce.
Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages
Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new coin minting facilities to the…