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Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits
2.12.2022
While bitcoin prices have been lower than the estimated cost of bitcoin production, the network’s hashrate has dropped a great deal since mid-November. Presently, the total hashrate dedicated to the Bitcoin network is coasting along at 236 exahash per second (EH/s) after dropping below...
Bitcoin miner outflow ratio hits 6-month high in new threat to BTC price
2.12.2022
Bitcoin miners are upping sales, but BTC price metrics hint that a relief rally could be next
Crypto miners in Russia capitalize on the bear market by hoarding ASIC devices
2.12.2022
Miners in Russia have likely been increasingly buying crypto ASICs due to reduced prices of mining devices as well as low-cost energy
Cryptocurrency Law Approved in Brazil — Green Mining Tax Exemptions and Asset Segregation Issues Left Out
1.12.2022
A cryptocurrency law, which had been in discussion for several months, has been approved by the Chamber of Deputies in Brazil after having shed some of the changes presented by the Senate. The proposal left out two planned tax exemptions for green mining operations and the issue of segregating...
Crypto and Capitulation — Is there a silver lining? Watch Market Talks on Cointelegraph
1.12.2022
Join us as we discuss the current state of the crypto market and whether there could actually be a silver lining to capitulation. Hosting the show will be Ray Salmond, head of markets at Cointelegraph, and our special guest this week is Magdalena Gronowska
Compass Mining Launches Bitcoin Miner Protection Plan
1.12.2022
The plan is initially available to customers hosted in Texas, South Carolina, Nebraska and Oklahoma
Top 7 Bitcoin Conferences to Attend in 2023
1.12.2022
Bitcoin conferences are an excellent place to learn about Bitcoin and to meet all your favorite Bitcoiners.
Read on to discover a list of the most popular Bitcoin conferences you can attend in the coming year.
As the Bitcoin industry continues to grow and evolve, so do the Bitcoin-only...
Canada's Manitoba Province Enacts 18-Month Moratorium on New Crypto Mining: Reports
1.12.2022
The local heavily indebted utility has received up to 4.6 GW of requests from miners looking to connect to the grid
Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand
1.12.2022
Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity rates, fears it may face overwhelming energy demand. Manitoba...
Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs
30.11.2022
During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only...
New York Man Pleads Guilty to $2M Crypto Mining Fraud
29.11.2022
Chet Stojanovich, 38, went to great lengths to pose as a broker of crypto mining equipment and hosting services – but kept his customers’ money for himself
Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction
29.11.2022
Bitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as the next difficulty retarget is expected to see a significantly large reduction. Estimates show the next difficulty retarget could drop anywhere between 6.13% and 10% lower. Presently, the difficulty change looks...
Bitcoin capitulations abound — Data shows realized and unrealized losses at record-highs
28.11.2022
Bankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants
New BTC miner capitulation? 5 things to know in Bitcoin this week
28.11.2022
Bitcoin miners face a shakeout, one metric warns as the November monthly close looms for BTC
New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective
28.11.2022
Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital currencies using fossil fuels. New York Mayor...
Ghana Takes Steps to Operationalize Gold-for-Oil Scheme — Move Expected to Help Halt Cedi’s Depreciation
27.11.2022
According to directives issued by Samuel A. Jinapor, the Ghanaian minister for lands and natural resources, large-scale gold mining companies will be required to “sell 20% of all refined gold at their refineries to the Bank of Ghana.” A gold-for-oil scheme is part of the Ghanaian...
Bitcoin mining revenue lowest in two years, hash rate on the decline
27.11.2022
The total Bitcoin mining revenue — block rewards and transaction fees — in U.S. dollars fell down to $11.67 million, a number last seen on Nov. 2, 2020, when Bitcoin’s trading price was around $13,500
New York's mayor seeks balance with regulators after PoW mining moratorium
26.11.2022
Adams said New York is still focused on becoming a crypto hub, but statewide efforts to reduce emissions can be combined with this goal
Today in Crypto: Australia Sues Block Earner, Hacker Steals $42M from Fenbushi Founding Partner, DBS Completes Repurchase Transaction on a Blockchain-based Network
23.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Australia Sues Block Earner, Hacker Steals $42M from Fenbushi Founding Partner, DBS Completes Repurchase...
Bitcoin Miner Firm Core Scientific Posts $400 Million Quarterly Loss – Bankruptcy Soon?
23.11.2022
Bitcoin (BTC) mining firm Core Scientific could be next in line for a bankruptcy filing, after posting a loss of well over $400m in the third quarter.
The company, which is known as the largest publicly listed Bitcoin miner in the US, has now lost a whopping $1.7bn for the year after a new...