Mining

Bank of Russia announces ruble is rising due to cryptocurrency mining

Cryptocurrency mining has contributed to the recent appreciation of the ruble, the head of the Bank of Russia admitted. The…

5 Min Read

Bitdeer mines 144.1 BTC in 1 week

In a strong show of operational strength, Bitcoin mining company BitDeer just reported a significant weekly return. The company mined…

5 Min Read

Bitcoin mining stocks finish strong on Friday as eventful year-end awaits

On Friday, the market capitalization of Bitcoin mining stocks rose 9.43%, with all of the top 10 publicly traded miners…

6 Min Read

Report Spark Questions on Bitmain Leadership and Internal Conflicts

A post on Twitter suggests that Bitmain co-founder Michly “James” Zhang Ketuan could be facing billions of dollars in fines,…

5 Min Read

Bitcoin miners are bleeding at $90,000, but ‘death spiral’ calculations reach hard ceiling

The Bitcoin “miners are dumping” story is comforting, as simple stories always are. Prices fall, miners run out of oxygen,…

13 Min Read

Tether withdraws from Uruguay due to energy cost hurdles

Global cryptocurrency financial company Tether has officially confirmed that it will cease mining operations in Uruguay and lay off 30…

4 Min Read