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…
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…
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…
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,…
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,…
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…