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Mining
Uganda’s gold discovery: What it could mean for crypto
These are fraught times for the cryptocurrency and blockchain sector, so it isn’t surprising that industry proponents might seize upon any promising news to help…
Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts
Canadian crypto mining firm Bitfarms sold roughly $62 million worth of Bitcoin (BTC) in June, using the proceeds from the sale to reduce its debt.In a Tuesday…
‘Worst quarter ever’ for stocks — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week still battling for $20,000 support as the market takes in a week of severe losses.What felt all but impossible just weeks ago is now…
Marathon Digital keeps on mining despite BTC price slump
Despite data showing that the Bitcoin (BTC) price may have fallen to the point of being unprofitable for the average miner, Marathon Digital Holdings says it will…
Russia seems to be preparing to mine Bitcoin with flare gas
The Russian government continues to establish links with major players in the cryptocurrency mining industry despite staying skeptical about legalizing…
US lawmakers urge EPA to consider the potential benefits of crypto mining
A group of 14 United States senators and House representatives have signed a letter to the Environmental Protection Agency extolling what they believe are the…
BIS report warns about front-running threat in crypto mining
Since 2020, miners on the Ethereum blockchain have extracted around $600 million from other investors by miners, according to a new report by the Bank for…
Resistance is futile! 3 reasons why Bitcoin mining will never go away
In the summer of 2021, the Chinese government banned Bitcoin (BTC) mining and cited the typical concerns of harmful environmental effects and money laundering. Now,…
Kazakhstan to let crypto exchanges open bank accounts
In addition to its swift advances toward regulating crypto mining, Kazakhstan will launch a pilot project for crypto exchanges in the special economic zone of Astana…
The crypto industry must do more to promote encryption, says Meltem Demirors
“I like to call myself a future, or aspiring, cult leader,” Meltem Demirors, chief strategy officer of CoinShares — a publicly listed investment firm managing around…
