BlockDAG has dwarfed the competition in the crypto market with a staggering $22.6 million presale. Even as the Bitcoin Minetrix presale ends, reflecting a tumultuous period for crypto investments, BlockDAG’s robust sales and innovative X1 awaited launch signal a new era of growth and investor confidence in the blockchain domain.
The cryptocurrency sector is experiencing excitement with Cardano’s latest wallet upgrade, a bullish trend in Toncoin’s price, and the innovative concept of mobile crypto mining brought to the forefront by BlockDAG. These developments signify a notable shift towards more user-friendly and accessible crypto technologies. BlockDAG’s mobile mining app, which transforms
The world of crypto mining is in a state of rapid transformation, with miners constantly seeking improved and more efficient methods to mine cryptocurrencies. In this article, we examine three prominent coins that are making significant strides in this domain: analysing the surge in ATOM prices, the recent listing of
In his proposed budget for the year 2025, Joe Biden, the president of the United States, has brought back the concept of a 30% tax on the power used by cryptocurrency miners. As stated in the U.S. Department of the Treasury paper “General Explanations of the Administration’s Fiscal Year 2025
With the approval of a framework for licensing crypto mining activities by the country’s crypto market regulator, crypto mining in Uzbekistan is about to undergo significant change. The National Agency for Perspective Projects (NAPP) in Uzbekistan has issued a rule requiring licensing for crypto mining operations. Thus restricting crypto mining
In Kyrgyzstan, the crypto mining farm will be built for $20 million, says President Sadyr Japarov with a nod. As per the reports of July 27, the Hydroelectric Power Plant under the government of Kyrgyzstan will be built. Back in 2010, the Kambar-Ata-2 was launched that lost 6.8B KiloWatt-Hours (kWh)
Cryptocurrency mining gear supplier and mining facility operator Phoenix Technology is contemplating an IPO as per a Bloomberg report. The article claims that preliminary discussions have been in place for an IPO for Phoenix in Abu Dhabi. The UAE-based firm signed a $650 million contract for mining rigs in 2021,
The HashRaQ® MAX is a powerful, reliable, and efficient cooling system for crypto mining operations, minimizing CapEx, OpEx, and carbon footprint while maximizing density, uptime, and profitability. AUSTIN, Texas–(BUSINESS WIRE)–GRC (Green Revolution Cooling), the global leader in single-phase immersion cooling for data centers, today announced its newest offering for blockchain
It became clear on Sunday that the Digital Asset Mining Energy (DAME) excise tax proposed by the Biden administration was blocked as part of the agreement between President Joe Biden and House Speaker Kevin McCarthy on the U.S. debt ceiling. The Biden administration justified the proposed 30% tax on crypto
Montana Governor Greg Gianforte has signed a pro-cryptocurrency mining bill, S.B. 178, into law. The bill largely prevents local governments in Montana from passing laws that prohibit cryptocurrency mining. It enshrines crypto miners’ rights in the state by revising existing laws to prohibit discriminatory electrical rates for mining firms and
