Bitcoin Miners May Face Major Semiconductor Shortage — Sub-16 Nanometer Chip Costs to Rise by 20%

Bitcoin Miners May Face Major Semiconductor Shortage — Sub-16 Nanometer Chip Costs to Rise by 20%Fears of a major semiconductor chip shortage have started to make headlines again as the chips power nearly everything from new cars, phones, computers, and a myriad of other items. Reports stemming from Malaysia show that semiconductor manufacturers are dealing with an uptick in Covid-19 cases and this is plaguing the supply chain. Moreover, the […]

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Finder’s Poll Shows Vietnam Holds the Highest Percentage of Crypto Ownership Worldwide

Finder's Poll Shows Vietnam Holds the Highest Percentage of Crypto Ownership WorldwideOn Friday, the product comparison website Finder published the company’s August Cryptocurrency Ownership Report, which surveyed 42,040 citizens across 27 countries. The report ranks countries by digital currency adoption and it shows regions like Vietnam, Indonesia and India have the highest number of people who reported owning cryptocurrency. In Terms of Crypto Ownership Vietnam, Indonesia, […]

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Malaysia Takes Enforcement Actions Against Binance, Advises Investors to ‘Withdraw All Investments Immediately’

Malaysia Takes Enforcement Actions Against Binance, Advises Investors to 'Withdraw All Their Investments Immediately'The securities regulator of Malaysia has taken enforcement actions against the global cryptocurrency exchange Binance. Noting that the exchange is operating illegally in the country, the regulator has advised those who currently have accounts with Binance “to immediately cease trading through its platforms and to withdraw all their investments immediately.” Malaysia Issues Public Reprimand Against […]

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Malaysia Flattens Seized Bitcoin Mining Rigs With Steamroller — Over 1,000 Machines Demolished

Malaysia Bulldozes Seized Bitcoin Mining Rigs — Over 1,000 Machines Demolished, 8 People ArrestedOver 1,000 bitcoin mining machines have been totally destroyed in Malaysia after they were seized for illegally mining the cryptocurrency using stolen electricity. The mining machines, worth about $1.26 million, were steamrolled in the Malaysian city of Miri and eight people have been arrested so far. Over a Thousand Bitcoin Mining Machines Demolished in Malaysia […]

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University of Cambridge Bitcoin Mining Map Shows China’s Hashrate Dropped to 46%

University of Cambridge Bitcoin Mining Map Shows China's Hashrate Dropped to 46%After the researchers from the Cambridge Bitcoin Electricity Consumption Index (CBECI) project said that the website’s “Bitcoin Mining Map” had not been updated since April 2020, the map has finally been updated. Current data from the mining map shows the coverage goes all the way up until April 2021, and the estimate of China’s hashrate […]

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