Despite 36% Plummet, BTC Miners Generated $1.4 Billion Revenue in May
Nicolash Ferreira Souza (Brazil)May 2021 was a challenging month for Bitcoin. The leading digital currency experienced a more than 50% correction after reaching…
The First Electric Car That Mines Cryptocurrency
Shelly Melancon (Switzerland)While Tesla has announced that it no longer wants to associate with bitcoin, for the time being, one of its…
Long-Term Bitcoin Holders Should Still Worry About One More Thing
According to recent Glassnode research, long-term bitcoin holders aren't selling despite the leading cryptocurrency's price tumble from about $64,000 to…
58% Of Hedge Funds Still Keenly Interested In The Crypto Market Despite The Bearish Market
Within the past two weeks, the crypto market has declined by over 30%, from about $2.5 trillion to about $1.73…
UK Police Uncovers Bitcoin Mining Hideout
We hold up our hands in promise to use this story to validate bitcoin mining. If crime hadnt been involved,…
Kyrgyzstan Confiscates 2,000 Crypto Mining Machines
The fraud-fighting agency organized by Kyrgyzstan recently uncovered and raided multiple crypto mining devices operating illegally. The security agency launched…
The BTC Mining Council: Centralizing the Cryptocurrency World?
Leah Hutton (Luxembourg)Bitcoin has had challenges to uptick after the recent crypto market crash. The leading coin witnessed wild swings after its…
China Mining Ban makes MicroStrategy CEO Feel Lucky
Hassan Mehmood (Saudi Arabia)While Bitcoin and Ethereum holders are not happy with the China crypto mining crackdown, Michael Saylor, the biggest Bitcoin proponent,…
Is Ripple The Reason For Most Of The Bitcoin Energy Usage FUD?
The Bitcoin market has been a horror show in recent times. As its price takes successive hits, the leading cryptocurrency…
Crypto Market Slides Further As Miners In China Down Tools
Following the news of the massive crackdown on China crypto miners last Friday, there has been about a 20% decline…
MicroStrategy CEO Believes China’s Ban On Bitcoin Mining Could Be A Positive Sign
In recent news, China’s government had made its goals and intentions abundantly clear when it decided to initiate crackdowns on…
Pope Condemns Tech Companies Use of Fossil Fuel
Head of all the Catholics in the world has called on tech firms to find more energy-friendly alternatives to fossil…
Crypto Mining Using Domestic Power to Face Heavy Fines
Bentley Kapoor (India)TEHRAN, an Iranian news reporter, declared that crypto miners using household energy would face heavy fines if revealed. That comes…
Eco-friendly BTC Alternatives
Elon Musk surprised cryptocurrency enthusiasts on Wednesday after tweeting that the car firm will suspend BTC payments because of the…
South Korea Introducing a 20% Crypto Mining Tax
Have you noted how most governments are launching clampdowns on the crypto industry? Indeed, in the last week, various administrations…
Bitcoin Mining: China To Implement ‘Stricter Supervision’ Due To Carbon Concerns
The cryptocurrency mining activities in Beijing will be subjected to tight regulation in the years ahead. Credible reports indicate that…