North American miners see a 58% surge in Bitcoin Mining operations
Bitcoin Miners in North America from statistics mined a total of 1135.6 Bitcoins in June, while in the month of July 1804 Bitcoins were mined, showing an increase in Bitcoin mining by 58%. Over the course of a month, North America saw a 58% increase in BTC mining activity. Marathon Digital, Riot Blockchain, Bitfarm, Argo […]
Three US Senators have proposed amending the infrastructure bill’s crypto tax provisions
Senators in the United States of America have introduced an amendment to a bill on infrastructure that would exempt certain cryptocurrency companies from broker reporting requirements. Senator Ron Wyden of Oregon proposed an amendment on behalf of himself and Wyoming Senator Cynthia Lummis, with support from Pennsylvania Senator Pat Toomey, that certain provisions of the […]
Abkhazia is negotiating with Russia about supplying Bitcoin miners with energy
According to Abkhazia’s deputy prime minister, the state is in negotiations with Russia about energy supply, this is because they want to revive the mining industry which was temporarily put to stop. Abkhazia, a South Caucasus state, has announced that it is in talks with the Russian government to revive Bitcoin (BTC) mining in the […]
SynFutures’ Hash Rate Futures: A sign of hope for BTC miners
The decentralised Bitcoin Hash Rate Futures offered by SynFutures are designed to allow miners to speculate on or short Bitcoin mining difficulties. Decentralized derivatives trading platform SynFutures has introduced a new product called Bitcoin (BTC) Hash Rate Futures , which uses the ever-changing mining difficulty of the world’s most popular cryptocurrency as a basis for […]
RACIB’s new project plans to transfer global crypto miners to Russia
Russian crypto enthusiasts have already formed a coalition with some of China’s major cryptocurrency mining companies. In response to China’s crypto mining crackdown, a major cryptocurrency and blockchain organisation in Russia is launching an initiative to bring worldwide crypto mining companies to the nation. The Russian Association of Cryptoeconomics, Artificial Intelligence, and Blockchain, or RACIB, […]