One River Digital raises $41M from Goldman Sachs and Coinbase
One River Digital secures the first-ever raise to scale its crypto-focused institutional investment efforts. Go to Source Powered by WPeMatico
mining
Auto Added by WPeMatico
Ohio to host BIT Mining’s new 85 MW Bitcoin mining facility
BIT Mining Limited has entered into a joint venture agreement with Viking Data Centers to develop a Bitcoin mining site in Ohio. Go to Source Powered by WPeMatico
Bitcoin mining difficulty surges 31% since July
Mining new Bitcoin keeps getting harder, but the current difficulty is still far from its record highs. Go to Source Powered by WPeMatico
Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations
Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption of friendlier regulations. Iranian MPs Urge for Change in Crypto Policies After Research Some parliamentarians … Read more
Bitcoin miner Genesis Digital Assets raises $431M
Genesis Digital previously raised $125 million in an equity funding round led by Kingsway Capital in July 2021. Go to Source Powered by WPeMatico
Bitcoin mining estimated to represent 0.9% of global carbon emissions in 2030
New York Digital Investment Group estimates that Bitcoin mining will not represent more than 0.4% of global carbon emissions over the next decade. Go to Source Powered by WPeMatico
Bitcoin Hashrate Climbs 128% Over 83 Days, Network’s Mystery Miners Disappear
Bitcoin’s hashrate has been climbing higher during the last two weeks, hitting 174 exahash per second (EH/s) on two occasions since June 28. Currently, Bitcoin’s network hashrate is coasting along at 158 EH/s, up 128% since the low 83 days ago when it hit 69 EH/s. Meanwhile, unknown hashrate has subsided a great deal as … Read more
Laos Authorizes Cryptocurrency Mining and Trading Activities
Laos has authorized a series of cryptocurrency mining and trading projects in the country, looking for another source of income to supplement the losses caused by the drop in tourism due to COVID-19 related measures. Six companies have been authorized to start cryptocurrency trading and mining operations in the country, according to the office of … Read more
China’s Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports Reveal
Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of government agencies are working together to prevent the use of the region’s computing power in the crypto activities which the government considers illegal. Cyberspace Watchdog … Read more
Mining Is Not Banned in Ukraine and Does Not Require Licensing, Key Crypto Advisor Says
The regulatory status of cryptocurrency mining remains somewhat undetermined in Ukraine, even after the recent adoption of the law “On Virtual Assets.” However, albeit unregulated, the minting of digital coins isn’t prohibited either, according to a leading advisor on crypto matters at the Ukrainian parliament. Amendments to Ukraine’s Tax Law to Regulate Accounting for Crypto … Read more