Mon, December 23

US DOJ and SEC Back Reopening of Investors’ Lawsuit Targeting Nvidia

The U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) are backing a class action lawsuit against Nvidia that has been revived, according to recent reports. The legal case revolves around claims that Nvidia manipulated its sales related to the cryptocurrency mining sector. In an amicus brief

October 4, 2024 2 mins read

The Litecoin Halving: Countdown Commences with Only 74 Days Left

The Litecoin community is eagerly anticipating the upcoming block reward halving, which set to occur in just 74 days. As the date draws near, it becomes crucial to understand the implications of this event for Litecoin and the wider cryptocurrency market. Litecoin, often referred to as silver to Bitcoin’s gold,

May 21, 2023 2 mins read

Bitcoin Association Contacts Exchanges to Freeze the “Empty Block Miner” on BSV

As a major existing issue, an anonymous miner is creating “Empty Blocks” on the Bitcoin SV network. So the Bitcoin Association is taking action on this prevailing issue, contacting all crypto exchanges and miners to freeze the empty blocks of the BSV miner. Proceeding, the  miner will be under criminal

October 17, 2022 2 mins read

Kazakhstan’s Crypto Miners to Acquire Electricity From Russia

Mining companies in Kazakhstan will allow using the Russian power supply for their activities. Due to electricity shortage, almost 200 firms were shut down in Kazakhstan last year. Russia is prepared to provide Kazakhstan with the extra electricity needed to operate the nation’s crypto mining plants. With the assistance of

October 2, 2022 2 mins read

U.S Treasury Exempts Crypto Miners from IRS Reporting Rules

Brokers must gather extensive information on their clients and their trades. The Department aims to submit draught regulations outlining its definition of a broker. According to the U.S. Treasury Department’s letter sent to a group of senators, cryptocurrency miners and stakers will not be subject to the exact reporting requirements

February 13, 2022 1 min read

ChickenFast – A Trustable Blockchain-Based Cloud Mining Investment Platform

ChickenFast is a new generation cloud mining investment system integrated with blockchain technology to generate valuable digital currencies in real time. This innovative mining platform influences a lot of users through its unique CHK&I patent algorithm. Notably, it is the most trustable and hassle free cryptocurrency mining platform.  Moreover, ChickenFast

November 29, 2021 3 mins read

MXC CAREBAND DEAL THE BEGINNING OF THE END FOR HELIUM?

KEY TAKEAWAYS: Data partner Careband moves from Helium to the German tech rising star, “MXC” and the MXProtocol, raising serious questions about Helium’s long-term strategy and network sustainability Brand new innovative onboarding method “device provisioning” key driver behind MXC and the MatchX Miner “M2 Pro” success at attracting corporate interest

October 29, 2021 6 mins read

Marathon BTC Miner Acquires 30,000 Antminers for $120M

Crypto mining is one extremely active attribute giving rise to exciting news every day in the crypto industry. Among them, the fight for Bitcoin (BTC) mining is on a high scale too. Amidst all the allegations put forth and crypto regulations all posing hurdles for operations of these crypto mining

August 3, 2021 2 mins read

Iranian Regulators Plans to Ban Bitcoin as Payment

Iranian Regulators plan to set up their own cryptocurrency as it plans to ban Bitcoin and other cryptocurrencies as a medium of payment inside the country. The Iranian parliament  proposed a regulation against the cryptocurrency usage within the country.  Ban of Bitcoin as a Payment Option  On July 2nd, Iranian

July 4, 2021 2 mins read

Iran Issued Authorized Licenses to 30 Crypto Mining Farms

The Iranian Government approved authorized licenses to 30 crypto mining farms to mint digital currencies. The authorities planned to prevent unlawful miners in the country.  Iran’s licensed crypto mining farms The crypto mining farms are extending across several regions of Iran including Tehran Province. So Iran’s authorities have so far

June 28, 2021 2 mins read