Spanish lawmaker sees opportunity amid Kazakhstan’s Bitcoin mining collapse
As the Bitcoin mining industry matures, it will seek stable political environments and stable energy sources. Go to Source Powered by WPeMatico
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Chinese crypto miner BIT Mining ‘unlikely’ to flee Kazakhstan: Report
The crypto community reportedly expects Kazakhstan’s internet and mining industry to return to normal by next Monday. Go to Source Powered by WPeMatico
Chinese Crackdown Bolsters Bitcoin Mining in Thailand, Bigger Investors Eye Setting Up Operations in Laos
A crackdown on bitcoin mining by China has led to an increase in the number of Thai investors that have acquired and are operating mining rigs, a report has said. The report adds that many of these investors are currently earning between $30 and $40 per day from each mining rig. Chinese Crackdown and the … Read more
Crypto Biz: The Rise of the Bitcoin Treasury, Dec. 30–Jan. 6
Michael Saylor’s MicroStrategy showed corporations that holding Bitcoin on their balance sheet is a viable strategy to hedge against inflation. Go to Source Powered by WPeMatico
Top Bitcoin mining country Kazakhstan turns off internet amid protests
The government of Kazakhstan shut down the internet after the Cabinet resigned amid major anti-government protests. Go to Source Powered by WPeMatico
Bitcoin mining manufacturer Canaan expands footprint in Kazakhstan
China’s crackdown on crypto mining has allowed Kazakhstan to quickly fill the void by offering cheap fuel and a welcoming business environment. Go to Source Powered by WPeMatico
Kosovar government halts crypto mining amid power crisis
Following a recommendation from the Technical Committee on “Emergency Measures for Energy Supply,” Kosovo’s minister of Economy has decided to ban crypto mining. Go to Source Powered by WPeMatico
Bitcoin network turns 13, celebrates with new hash rate all-time high
The Bitcoin network underwent a six-month-long rally to attain a new all-time high hash rate of 207.53 million tera hashes per second (TH/s) on Saturday. Go to Source Powered by WPeMatico
0.2 Zettahash: Bitcoin’s Hashrate Taps New Lifetime High, Mining Difficulty Nears ATH
Bitcoin’s hashrate tapped a lifetime high on the first day of 2022 reaching 209.39 exahash per second (EH/s). During the last 12 months, Bitcoin’s hashrate has increased by 47.92% from the 141.55 EH/s recorded on January 3, 2021. Bitcoin’s Hashpower Reaches a New Milestone The processing power and security dedicated to the Bitcoin (BTC) network … Read more
Kevin O’Leary says his crypto holdings could reach 20% of portfolio
Clearer regulations around stablecoins could make crypto a more viable investment option, according to the Shark Tank star. Go to Source Powered by WPeMatico