Bitcoin News
How is the launch of Bitcoin futures ETFs affecting crypto mining?
After the SEC approved a Bitcoin futures ETF, the cost of crypto mining rigs jumped. Coincidence? Varit Bulakul of The Brooker Group explains.
Varit Bulakul
Lens
Mining
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Regulation
Ethereum drives crypto comeback as US tax fears leave market unfazed
Top blockchain and crypto news: Ethereum rises and rivals follow. Taxing times for US investors. New life for reborn crypto miner.
Forkast.News
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Bitcoin News
Chinese edtech company pivots to crypto mining amid China’s clampdown on tutoring
As China continues to crack down on the private tutoring sector, one education-tech company has decided to pivot into blockchain and cryptocurrency mining. Fast facts Nasdaq-listed Meten Holding Group, which officially changed its name from Meten EdtechX Education Group in August, has moved forward with plan for the new business venture in the crypto world, […]
Timmy Shen
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Regulation
Crypto mining rig maker Canaan sues two Chinese tech companies over patent infringement
Canaan is seeking $14 million in alleged losses from Shenzhen HighSharp Electronic Technology and Sichuan Yinbimei Technology.
Timmy Shen
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Bitcoin News
Bitcoin mining difficulty recovers to May level
Bitcoin miners saw another mining difficulty adjustment on Monday, with an increase of 7.85%, recovering to the level recorded in May, according to data from BTC.com. Fast facts The mining difficulty level is now at 21.66 trillion at block height 707,616, reflecting the most difficult level since a previous adjustment on May 13, the data show. The latest […]
Timmy Shen
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Bitcoin News
New Australian ETF grants exposure to Bitcoin mining sector
Only two weeks after the Australia Securities Exchange approved a similar product, the Cosmos Global Digital Miners Access exchange-traded fund (ETF) launched on rival exchange Chi-X Australia today, granting exposure to globally listed digital asset mining and infrastructure companies. Fast facts Trading under the name “DIGA,” the fund tracks the Global Digital Miners Index, designed […]
Lachlan Keller
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Regulation
Spark Pool allows balance withdrawal as it phases out all domestic, international users
Mining pool Spark Pool, which was once a major Ethereum mining pool, says its users may withdraw existing balances, but beginning Nov. 1 it will no longer offer other services related to mining for both domestic and international users, the company said in a statement. Fast facts Spark Pool last month reacted swiftly to China’s […]
Timmy Shen
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Regulation
Kazakhstan proposes to limit power consumption for new crypto miners as power deficit bites
Local miners told Forkast.News that existing legal miners won’t be much affected, though they’re still subject to power rationing.
Timmy Shen
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Bitcoin News
U.S. crypto miner Greenidge more than doubles Bitmain rig order to fuel growth
Greenidge Generation Holdings Inc., a U.S. Bitcoin mining and power generation company, has announced it plans to ramp up its operation across the U.S. by more than doubling its previous order with Chinese mining rig maker Bitmain. Fast facts Nasdaq-listed Greenidge said Thursday in a statement it plans to significantly expand beyond its current operating […]
Timmy Shen
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Regulation
Kazakhstan power shortages continue as crypto miners scramble for solutions
Kazakhstan — one of the popular destinations for Chinese crypto miners as they look for more regulation-friendly shores — continues to face power shortages, with its national grid operator last week rationing power after some failures occurred in a few power units. Fast facts Kazakhstan electricity grid operating company KEGOC said in a statement last […]
Timmy Shen
