Over 100 illegal mining farms were shut down in enforcement raids in Kazakhstan
Financial Monitoring Agency, Kazakhstan’s financial watchdog, emphasizes the need to regulate the sector. Go to Source Powered by WPeMatico
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EU Parliament Committee Votes Against Proof-of-Work Ban, Supports Alternative Amendment on Crypto Assets
European Parliament’s economic and monetary affairs committee has voted against banning proof-of-work-based assets for companies in the European Union. An alternative proposal on crypto assets by European Parliament member Stefan Berger receives support instead. Committee Rejects Proof-of-Work Ban The Committee on Economic and Monetary Affairs (ECON) voted on the proposed Markets in Crypto Assets (MiCA) … Read more
European Parliament votes against PoW ban, providing huge relief to the crypto industry
The moderate version of the regulatory framework’s draft prevailed in the ECON committee voting. Go to Source Powered by WPeMatico
Valkyrie Investments‘ Leah Wald on Bitcoin ETFs and the future of digital assets
Valkyrie Investments CEO Leah Wald opens up on the importance of Bitcoin ETFs and why the traditional financial world should pay attention to digital assets moving forward. Go to Source Powered by WPeMatico
Gas heater broke down? I’ll just heat my caravan with a Bitcoin miner
When a propane gas heater stopped working, Bitcoin mining came to the rescue of a cold caravan in Colorado. Go to Source Powered by WPeMatico
Bitcoin Miner Hive to Purchase Intel Mining Chips, Firm Reveals a 100 MW Deployment Deal in Texas
On March 7, the publicly-listed mining firm Hive Blockchain Technologies announced the company inked a deal with Intel to purchase new ASIC mining chips. Additionally, Hive has formed an agreement with an original design manufacturer (ODM) and a non-binding letter of intent with Compute North. Hive said the company plans to deploy 100 MW of … Read more
Chinese police busts illegal crypto mining farm, seizes 190 miners
Guangdong province’s Development and Reform Commission confiscated 190 crypto mining machines estimated to be worth 5 million yuan. Go to Source Powered by WPeMatico
European Parliament will hold vote on crypto bill without PoW provision
“Strong support for MiCA is a strong signal from the EU Parliament for a technology-neutral and innovation-friendly financial sector,” said Stefan Berger. Go to Source Powered by WPeMatico
Bitcoin Miner Mawson Inks Hosting Deals With Celsius Mining and Foundry Digital
The bitcoin mining operation Mawson Infrastructure Group (MIGI) has started to make hosting deals with key players in the mining industry. On March 1, Securities and Exchange Commission (SEC) documents show that Mawson signed a 100-megawatt (MW) co-location agreement with Celsius Mining. Three days later, Mawson announced a 12-megawatt (MW) co-location deal with Foundry Digital. … Read more
Bitcoin Miners Catch a Break as Mining Difficulty Drops for the First Time in 3 Months
Bitcoin miners got a small break on March 3, after the network’s mining difficulty shifted downward for the first time since November 28, 2021. Bitcoin’s hashrate has remained high meandering between 180 to 220 exahash per second (EH/s) over the last week, but the leading crypto asset’s price has shed more than 3% during the … Read more