Uzbekistan Sets Strict Guidelines for Crypto Mining With Solar Power Mandate

Uzbekistan-registered exchange would be the sole option for trading in mined assets. Only crypto exchanges founded by foreign legal companies

2 days ago 2 mins read

Bitcoin (BTC) Price Decline Hits Miners Hard, Forcing To Liquidate Holdings

Almost $4 billion in mining-rig-backed loans are in jeopardy.  Bitcoin miners who need to sell would continue to exert downward

3 days ago 2 mins read

Total Power Consumption of Bitcoin Network Drops Drastically in 2022

At its height, the BTC network used 16.09 GW of electricity. Banks accounted for 56 times higher energy use than

5 days ago 2 mins read

Chingari Launches GARI Mining Program Totaling $12 Million Per Year to Promote Creators and Users

To empower 40 million monthly average users (MAU), Chingari today announced its GARI Mining program on its on-chain social app,

2 weeks ago 2 mins read

Kazakhstan Earnings Turns Out $1.5 Million as per Q1 Crypto Mining Report

The country is a global leader in the hash rate of BTC mining. The government is contemplating raising municipal costs

4 weeks ago 2 mins read

Russian Prison Officials Running Crypto Mining Seized

Many Russians are turning to subsidized and even unauthorized power. Machines used over 8,400 kW of power paid for by

1 month ago 2 mins read

9,219 Bank Accounts Frozen by Iran Over Suspicious Crypto Transactions

The Ministry of Finance froze more than 9,219 bank accounts belonging to 545 people. Iranian authorities are also taking action

1 month ago 2 mins read

Bitcoin Network More Secure as Mining Difficulty Records ATH of 31.251 Trillion

BTC miners are responsible for verifying the authenticity of transactions. BTC remains the most durable blockchain network. Dispelling any fears

2 months ago 2 mins read

Mining Capital Coin CEO Accused of $62M Cryptocurrency Scam

Crypto mining and trading were not the focus of Mining Capital Coin’s investments. Last week, a South Korean crypto exchange

2 months ago 2 mins read

Bitcoin Mining Using Sustainable Power Reaches 64% as per Latest Report

The mining sector is eager to prove that it has adopted cleaner energy sources. Michael Saylor, CEO of MicroStrategy, is

2 months ago 2 mins read