As Russian cryptocurrency advocates are working to attract global crypto mining operators, local lawmakers have gotten more serious about regulating the industry. Anatoly Aksakov, chairman of the Russian State Duma Committee …
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Lukashenko advises mining cryptocurrency instead of working low-paid jobs abroad
Belarusian President Alexander Lukashenko suggested that workers should mine cryptocurrencies in their native country instead of going to Poland and Germany to fill low-paid jobs. At a staff gathering at …
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Google to remove and ban 8 fake crypto mining apps
A handful of illicit apps were removed and banned from Google’s Play Store after they were determined to be misleading users. According to the security research firm, Trend Micro, more than 120 similar …
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Bitcoin (BTC) mining revenue skyrockets to $33 M daily following China crackdown
The China crackdown on Bitcoin Miners is now proving to be a blessing in disguise. After two months of the issue, surviving mining firms are now minting huge profits from …
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Aussie green Bitcoin (BTC) miner Iris Energy files with SEC to go public on Nasdaq
The number of cryptocurrency-related companies aiming to go public continues to increase, with the latest example being Iris Energy Pty. The firm, focused on green Bitcoin mining, has filed with …
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Bitcoin (BTC) miners’ revenue up 57% since June
According to the latest on-chain data from Glassnode, mining revenue has increased by 57 percent, hitting mid-2020 levels. After major mining restrictions in China, the majority of hashrate power migrated back to Europe …
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Unchanged cryptocurrency tax bill to be voted this Tuesday
The provisions aim to raise $28 billion for infrastructure funding through expanded digital asset taxation and will impose broad third-party reporting requirements on any crypto firm deemed to be a …
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Thailand telecoms firm to expand into Bitcoin mining
Jasmine Telecom Systems, a publicly-listed unit of Thai telecoms operator Jasmine International, is set to ride the Bitcoin mining wave, with plans to install tens of thousands of mining machines …
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Texas counties welcome Bitcoin (BTC) miners with open arms
Texas, the second-largest state in the U.S. known for its southern hospitality, is embracing the droves of Bitcoin (BTC) miners that have recently flocked to the region. Following China’s crackdown on …
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Bitcoin (BTC) mining difficulty drops for fourth time in a row
Amid the ongoing crackdown on cryptocurrency mining in China, mining new Bitcoin (BTC) continues getting easier as BTC has experienced another mining difficulty drop. On July 18, the Bitcoin network …
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