Category: Mining
CryptoCurrency Mining
BTC Supply On Exchanges Equal 2017 Record Levels
Recent on-chain data suggests that the supply of Bitcoin (BTC) on exchanges has declined to a level comparable to 2017, when BTC set a new…
BTC Price Soars 36% Year-On-Year After China’s Crypto Warning
Despite the Chinese government’s efforts to convince its citizens that Bitcoin (BTC) would lose its value, their predictions have proven to be significantly inaccurate thus…
Cloud Mining: All You Need To Know About It
Profitable new avenues of generating income have opened up thanks to Bitcoin’s meteoric rise in popularity. One popular choice is cryptocurrency mining, where users dedicate…
UBTC Announces Ambitious Move Following Acquisition Of Celsius Assets
Reports indicate that US Bitcoin Corp (USBTC) is moving toward becoming the world’s largest crypto-mining firm. The firm intends to significantly increase its computing power…
How Quantum Computers Is Revolutionizing Bitcoin Mining Speed
Quantum computing harnesses the power of qubits, the fundamental units of quantum information, capable of existing in multiple states simultaneously. In contrast to classical computers…
US Department Of Justice Double Down On DeFi Attackers – Report
The crypto cop at the United States Department of Justice (DoJ) is intensifying efforts to combat hackers and exploiters within the Decentralized Finance (DeFi) space….
What is Double Spending and How to Prevent It?
Do you know what “double spending” means when it comes to crypto? Have you pondered how it works and the means of protection against it?…
Marathon Digital Receives Another Subpoena From SEC
Marathon Digital, a company involved in Bitcoin mining, recently revealed that the US SEC had issued another subpoena for operating its data center in Hardin,…
Proof of Work (PoW) vs. Proof of Stake (PoS): Similarities and Differences
In the blockchain, PoW and PoS are two of the most popular consensus mechanisms. How are they similar, and what sets them apart from one…
What is a 51% Attack? A Beginner’s Guide
Anyone who has been involved with cryptocurrency for any length of time has probably been worried about the safety of their holdings. This guide will…
Bhutan Is Bullish On Crypto With Increase In Bitcoin Mining Activities
Bhutan has been the most active in Bitcoin (BTC) accumulation among the Himalayan countries for some years. Reports indicate that Bhutan has been into BTC…
Ethereum’s Pre-Merge Energy Consumption Matches Switzerland’s Annual Usage – Study
A recent study by the University of Cambridge sheds light on the energy consumption of Ethereum, one of the largest cryptocurrencies by market capitalization. According…
Despite Lending Ban, EIB To Provide Turkey With Earthquake Aid
The European Union’s lending arm, the European Investment Bank (EIB), has announced its plans to provide 500m Euros for Turkey’s post-earthquake rebuilding efforts, overriding an…
Mining Bitcoin at Home – A Complete Guide For Beginners
Bitcoin blockchain is a decentralized public ledger that carries information regarding all Bitcoin transactions. One can add several transactions to the blockchain via Bitcoin mining….
Revised Bill Proposes Jail Term for Russian Crypto Miners Evading Taxation
According to draft legislation currently being revised in Moscow, all Russia-based crypto miners will soon be required to report their income and submit to tax…
HIVE Increases BTC Production Amid Ongoing Crypto Winter
A recent report shows crypto mining firm HIVE increased Bitcoin production in the final quarter of 2022, despite the prolonged crypto winter and the closure…
A New York Firm Starts Investigating Core Scientific For Securities Fraud
Pomerantz LLP, a New York-based law company, has started an inquiry against Core Scientific. The company considers that core Scientific has been potentially engaged in…
Blockstream Raises Over $120M for Mining Amid a Struggling Industry
Blockstream, a Bitcoin technology firm, has raised more than $120 million to expand its Bitcoin mining activities as other key players in the industry continue…
Miners Are Failing To Adapt To The Current Market Situation
Bitcoin mining is a questionable enterprise at the moment. Since the end of August 2022, we have been reporting on the issue and pointed out…
A Bear Market Is Likely To Continue In The Crypto Market
According to recently reported data, the BTC creation declining marketplace situation has long-lasting consequences. Since so lots of registered mining companies are trying to get…
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