Crypto Ban: Mike McGlone Predicts Economic Downfall for China
Shelly Melancon (Switzerland)Bloomberg expert, Mike McGlone, explained in a tweet earlier today the implication of China's mining ban. According to the Chief…
What Cryptocurrencies Does Elon Musk Own?
Leah Hutton (Luxembourg)SpaceX has been officially added to the list of corporations that own Bitcoin. Elon Musk, general director of SpaceX and…
Bitcoin Hashrate is Quickly Recovering as Miners are Setting up Farms in New Destinations
Hassan Mehmood (Saudi Arabia)The government of China has recently started a crypto mining crackdown in many parts of the country. Following the mining…
B-Word July Conference: End of Bearish Market In Sight?
The crypto market has been unstable for the past two months, such that an early bull run seems unlikely. Perhaps…
Bitcoin Mining Difficulty Experiences Fourth Consecutive Decline
Mining difficulty for Bitcoin has declined below its previous levels for a fourth consecutive time since its first decline in…
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Anonymous Launches Its Own Cryptocurrency
The famous hacker group, Anonymous, is set to launch its currency because Elon Musk and China are disrupting the crypto…
Bitcoin Will Make an Extraordinary Comeback, Cathie Woods
CEO and founder of Ark Investment, Cathie Wood, shares her views on bitcoin mining and its energy consumption in a…
CCAF Report Reveals Drop in China Mining Hash Rate Before Ban
A report by Cambridge Centre for Alternative Finance (CCAF) has revealed that China Bitcoin hash rate had been dropping since…
China’s Anhui Province Shuts Down Local Crypto Mining Operations
As part of continued measures to stop all crypto-related activities in the country, a small eastern China province (Anhui) has…
Binance Collaborates With Cryptouniverse
Binance will collaborate with a leasing cloud mining firm, CryptoUniverse, for a new mining initiative. This new mining initiative will…
Energy Harbor Corp Onboards New Partner for Clean-energy BTC Mining
Energy Harbor Corporation onboards a new partner for a 5-year deal that will see it provide clean and renewable energy…
New York-Based Power Plant Decides to Mine Bitcoin Despite Regulatory Pressure
For crypto miners, the better options are places like Texas, where abundant energy resources allow them to settle down for…
Hash Rate Recovers as Bitcoin Miners Amass BTC Rewards
Current reports suggest that Bitcoin miners have now regained trust in the flagship cryptocurrency as they resume accumulating the asset…
Tesla Under Intense Scrutiny in China
Electric vehicle manufacturer, Tesla, has come under intense pressure in China, leading to speculations that its brief reign in the…
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Stablecoin
China’s Crypto Crackdown May Extend To Stablecoin
A top executive from the People's Bank of China (PBoC) has revealed that the apex bank is deeply concerned that…
Iran Suspends Energy Exports Due to Mining And Hot Climate
Iran has halted energy exports as crypto mining operations increase and the climate condition changes. The Arab country became attractive…