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Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local Banks
17.6.2022
Government officials in Kazakhstan have approved regulations that will govern interactions between authorized coin trading platforms and traditional financial institutions. The new rules will allow registered cryptocurrency exchanges to have bank accounts in the country. Pilot Project to Develop...
Will Bitcoin Fall to $13,800? — What an 80% Drawdown Will Look Like From Here
15.6.2022
On Monday, June 15, 2022, the price of bitcoin tapped a low not seen since mid-December 2020 as the price hit $20,080 per unit. A large number of crypto supporters are debating whether or not the drop is the market’s bottom or if the fall could lead to deeper losses. At the time of writing...
Bitcoin miners' exchange flow reaches 7-month high as BTC price tanks below $21K
15.6.2022
Bitcoin mining profitability has dropped by over 75% from the market top and is currently at its lowest since October 2020
Old Bitcoin mining rigs risk 'shutdown' after BTC price slips under $24K
13.6.2022
New generation Bitcoin mining machines would remain profitable even if the BTC price crashes by another 50%
Bitcoin miners say NY ban will be ineffective and 'isolate' the state
10.6.2022
Miners feel that the New York legislature’s efforts to get Bitcoin miners out of their state will backfire in the long run as other states invite miners to help improve their energy grid
Ocean Protocol, Helium and Chainlink post monthly gains while Bitcoin price consolidates
9.6.2022
Roadmap and protocol upgrades are a few of the factors behind the month-long rally in LINK, OCEAN and HNT
New Law Will Ban Crypto Pay in Russia (Again) as Miners Struggle to Convince Central Bank to Legalize Industry
9.6.2022
Crypto advocates are still facing an uphill struggle in Russia – where MPs are expected to vote in favor of a proposal that will ban the use of “monetary surrogates” as a form of payment. And it appears that crypto miners are yet to persuade the influential Central Bank Governor Elvira...
Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop
7.6.2022
Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the difficulty dipped by 4.33%. Currently, at...
Market Rout Prompts Analyst to Slash Bitcoin Miners’ Price Targets by Average of 65%
3.6.2022
BTIG’s analyst remains positive on the longer-term outlook for the miners, however, and is sticking with his buy ratings for the stocks
Kenyan energy company entices Bitcoin miners with geothermal power
3.6.2022
The country’s main electricity producer has issued a general invite for Bitcoin miners looking to take advantage of its renewable energy facility near the capital, Nairobi
First Mover Americas: Bitcoin Bounces Back From 'Hurricane' Though Miners Are Selling
2.6.2022
The latest moves in crypto markets in context for May 31, 2022
Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month
2.6.2022
During the last 30 days, the price of bitcoin has lost more than 22% against the U.S. dollar but during that time, Bitcoin’s hashrate has remained above 200 exahash per second (EH/s). While 16 known mining pools mined the leading crypto asset during the last month, the top five mining pools...
Bitcoin daily mining revenue slumped in May to eleven-month low
2.6.2022
Bitcoin miners have had a tough month, with revenue and profitability tanking in May. Hash rates remain high, however
Bear Market Could See Some Crypto Miners Turning to M&A for Survival
1.6.2022
Companies that have already survived the previous down market, and have enough capital and a sound business strategy, will be able to survive this cycle
Bitcoin Miners Are Selling Off Their BTC Holdings to Cope With Market Headwinds
1.6.2022
As the price of bitcoin falls, miners are cornered into powering off or selling their bitcoin
Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1
1.6.2022
The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint digital currencies, which was introduced in January. Crypto Mining Increases Budget Revenues...
Bitcoin Miners Under 'Stress', Euro's Purchasing Power Wanes, Fidelity Beyond BTC + More News
31.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin Miners Under 'Stress', Euro's Purchasing Power Wanes, Fidelity Beyond BTC + More News
Bitcoin drops 1.5% on US market open amid warning miners may 'capitulate' in months
31.5.2022
Miners are still accumulating BTC so far, but depressed prices continuing may upend the status quo this summer, new analysis says
German Inflation Rate Jumps, Kazakhstan Mulls Higher Tax for Bitcoin Miners, Binance in Italy + More News
30.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: German Inflation Rate Jumps, Kazakhstan Mulls Higher Tax for Bitcoin Miners, Binance in Italy + More News
Gov't says crypto miners consume 2% of total electricity in Russia
30.5.2022
Crypto mining falls under the “gray zone” in Russia, which means even though it's not banned, it doesn’t fall under the purview of law which could pose risks for those involved