Bitcoin Hashrate Hits Another Milestone, Network’s Mining Difficulty Taps 13-Year High

Bitcoin Hashrate Hits Another Milestone, Network's Mining Difficulty Taps 13-Year HighThe processing power backing the Bitcoin network has continued its upward momentum tapping another all-time high (ATH) on February 15, 2022, at 249 exahash per second (EH/s). Following the latest ATH, the network’s mining difficulty increased on Thursday morning (EST), up 4.78% and reaching a value of 27.97 trillion. The mining difficulty has increased six […]

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Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners

Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for MinersThe Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined calls to legalize the industry and utilize Russia’s strengths as a mining destination. Crypto Miners Should Have Access to Cheaper Power, Economy Ministry Says Amid […]

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