Monday, June 27, 2022
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Mining

Iran has closed down roughly 7,000 illicit cryptocurrency mining enterprises

Over the last two years, Iranian authorities have closed down 6,914 cryptocurrency locations functioning without a legitimate license. Since 2020, when the...

Hive, a bitcoin mining company, has agreed to purchase Intel’s latest chip

Hive, a bitcoin mining company, has revealed its intention to purchase Intel's latest ASIC processor. As per a press...

Bitcoin mining becomes more sustainable: Mining Council’s Q4 survey

The percentage of the global Bitcoin mining industry running on renewable power increased by 1% to 58.5% in the fourth quarter of...

This executive believe that Bitcoin mining will be less profitable in 2022 than in 2021

Bitcoin was trading at $48,611 at the time of writing. On CoinGecko, BTC has dropped about 1% in the previous day and...

Paraguay passes a measure prohibiting the use of block rewards in mining

Paraguay has taken a step toward regulating the digital currency block reward mining and trading businesses in the country. The South American...

Bitcoin miners’ unspent supply is approaching an all-time high, but mining profitability is still low

As per Galssnode, the total quantity of Bitcoin owned by miners is just 500 BTC away from the record of 1.778 million...

Digital currency mining is being done on Google Cloud instances

According to Google's November 2021 Threat Horizons report, many hijacked Google Cloud instances are utilized to mine cryptocurrencies. It was discovered that...

In Tennessee, a bitcoin mining facility is being accused of producing excessive noise

A Noise Complaint Has Been Filed Against A Bitcoin Mining Facility A citizen of a nearby neighborhood has sued...

AMD claims that mining graphics cards are not prioritized above gaming graphics cards

AMD claimed in the previous week that its graphics card division is not prioritizing selling Graphics cards to digital currency miners above...

Bitcoin (BTC) mining will be inspected in China’s district, and new digital currency laws will be enacted

On its site, the State Power Company of China, Lanzhou, Gansu, declared that the district would form a working group to investigate...

Latest news

A meeting on financial blockchain applications is held at Ton Duc Thang University

According to Le Long Giang, director of the Vietnam Financial Advisers Association (VFCA), blockchain is now the world's second most powerful technology....

From Ripple to LBRY: SEC has this to say about Defendants’ and their motion(s)

The SEC v. Ripple case continues to see new developments every week. However, a lesser-known case might just provide some clarity first – The...

Axie Infinity to reimburse Ronin bridge victims and reopen the bridge

Owners of Axie Infinity (Sky Mavis) have announced a compensation plan for the Ronin bridge hack victims. Sky Mavis also stated that it would...

Brad Garlinghouse Reckons Ripple Will Expand Out Of The U.S. If Company Loses XRP v. SEC Lawsuit

According to CEO Brad Garlinghouse, Ripple, based in San Francisco, is ready to move overseas if it loses the regulatory court battle...

Cardano [ADA] forms a triangle pattern- Assessing if gains can be attained

Bitcoin has ground its way higher on the charts in the past two days. Cardano has followed in the footsteps of BTC,...
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