Category: Mining
CryptoCurrency Mining
Another Solo Miner Wins a Block, Pockets $180K in BTC Rewards
Solo Miner Receives $180K in Block Rewards An anonymous solo Bitcoin miner beat the odds to win a block, which led them to receive $180,000…
Figure Markets Wants Bitcoin Miner Ionic Digital to Establish a New Board of Directors
Since the start of the week, crypto exchange Figure Markets has been mobilizing shareholders of Ionic Digital to push for changes in the Bitcoin mining…
Coinbase Gets Restricted Dealer License in Canada
Coinbase is operating two entities in Canada as per a new report. The first firm is Coinbase Canada which has an international trading services provider…
DoJ Charges Two District School Staff Over Crypto Mining
Penalizing Crypto Miners Two high-ranking members of the Patterson Joint Unified School District have been charged by the US Department of Justice (DoJ) with allegedly…
2023 Bitcoin Mining Challenges And Rising Hash Rates: What To Know
The Year In Review In 2023, the Bitcoin mining scene faced significant challenges, as indicated by a notable increase in hash rates and mining difficulty….
Bitcoin Achieves Hash Rate Milestone: Here’s What To Know
In a groundbreaking development for cryptocurrency, the Bitcoin network has recently achieved an all-time high hash rate, surpassing the 500 exahashes per second mark. This…
All You Need To Know About Browser-based Crypto Mining
What is Cryptocurrency Mining? Cryptocurrencies are issued by blockchain networks that are decentralized networks. To remain decentralized blockchain incorporates consensus mechanisms such as Proof-of-Work to…
Next Bitcoin Halving Nears; Perpetual BTC Bullish Bias Surges
A less publicized but no less consequential event—the Bitcoin halving—looms on the horizon. Yet, investors are preoccupied with the possibility of the US SEC approval…
Will 2023 BTC Price Recovery Signal A Golden 2024?
As the year draws to a close, Bitcoin (BTC) has been the crypto market’s standout performer following the token’s price surge above $40,000. Analysts believe…
What is Mobile Crypto Mining? Is It Profitable?
Introduction Mining is now primarily used to create different crypto assets. Miners use this computing process to verify their transactions and to boost the security…
What is Liquidity Mining? A Comprehensive Guide
What is Liquidity Mining? Liquidity is the ability of a financial instrument to be converted back and forth to fiat currency or other investment assets….
4 Key Factors Defining The Uniqueness Of This BTC Cycle
The Bitcoin (BTC) market has long been characterized by its 4-year cycle influenced by halving events serving as a foundational narrative. Typically, this pattern involves…
What is Litecoin Mining and How Does It Work?
What is Litecoin? Litecoin is a decentralized cryptocurrency that hails from a blockchain network with the same name. Litecoin is an open-sourced network indicating that…
East Asia’s Economies’ Struggles Continue Amid China Crypto Ban – Report
Decline In Crypto Activities A recent report by the blockchain analytic firm Chainalysis indicates that China’s long-standing ban on cryptocurrency and its related activities has…
Buenos Aires-Based Oil Firm To Begin Crypto Mining
Tecpetrol, an Argentinian oil company, has announced plans to convert some excess gas into energy for cryptocurrency mining. The oil firm aims to help reduce…
Bitcoin Energy Potential Can Transform Global Energy Transition – Report
According to a report co-authored by Alex Larsen and Dylan Campbell of IRM Energy and Renewables Group (SIG), there is an evolving connection between Bitcoin…
Chinese Court Recognizes Virtual Assets As Legal Properties
A recent development on the legal status of virtual assets has surfaced in China after thoroughly examining their attributes within the country’s criminal law. According…
Crypto Community Kick Against Biden’s Tax Regulation; Here’s Why
The cryptocurrency tax rules proposed by the President of the United States, Joe Biden, have alarmed the crypto community. The new guidelines are based on…
Oman Unveils $350M Crypto Mining Facility To Boost Economic Growth
The oil-rich Sultanate of Oman has launched its second crypto-mining center in just over ten months. The crypto mining facility is part of the country’s…
Bitcoin Zaps Trend: What Is Behind This Free BTC Share Experiment?
A Canadian Bitcoin (BTC) enthusiast has embarked on a social media experiment using the leading crypto asset. As a marketing professional, Michael Degroot creatively shared…
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