Bitcoin News
Bitcoin mining difficulty drops twice in a row to new 2021 low
On June 14, the difficulty of Bitcoin mining fell 5.3%, the first time this year that there have been two consecutive downward adjustments.
Ningwei Qin
Lens
Mining
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Regulation
Hundreds of Bitcoin mining rigs seized in Malaysia police raids
Four people have been arrested and more than 400 Bitcoin mining machines seized by police in the Malaysian city of George Town.
Forkast.News
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Regulation
Bitmain rallies crypto miners to ponder options as industry eyes China exit
Chinese crypto mining rig maker Bitmain is reportedly set to meet with miners and industry participants next week to discuss relocating mining operations overseas.
Timmy Shen
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Regulation
IMF targets El Salvador’s Bitcoin adoption, citing financial and legal concerns
The International Monetary Fund (IMF) will meet with El Salvador’s President Nayib Bukele to finalize discussions around a pandemic relief loan to support the Central American nation. In a Thursday press briefing, IMF spokesman Garry Rice also implied that El Salvador’s decision to make Bitcoin a national currency will be a focus of the meeting for the IMF team.
Lucas Cacioli
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Regulation
Hashrate drops as Chinese crypto mining ban extended to more provinces
Cryptocurrency mining prohibition in Xinjiang and Qinghai follows Inner Mongolia ban.
Timmy Shen
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Regulation
China’s Xinjiang and Qinghai regions ban cryptocurrency mining
Xinjiang and Qinghai regions in China are now banning cryptocurrency mining, after Inner Mongolia tightened its crypto mining ban last month.
Timmy Shen
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Regulation
New York State passes bill restricting Bitcoin mining
A bill restricting the granting of crypto mining permits on environmental ground has passed the New York State Senate.
Lachlan Keller
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Regulation
Iranian president calls for crypto regulation to mitigate risks
Iran wants to "preserve and protect national interests" in the field of digital currencies and cryptocurrencies, Iranian President Hassan Rouhani says.
Michelle Lim
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Bitcoin News
Bitcoin mining rig maker Canaan to open service center in Kazakhstan
Canaan, one of the largest crypto mining rig makers in the world, is opening its first-ever service center outside China—in Kazakhstan.
Lachlan Keller
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Altcoins
NortonLifeLock bids to turn users into home Ethereum miners
Users of cybersecurity product NortonLifeLock will soon be able to mine Ethereum on their home computers through a new feature named Norton Crypto.
Lachlan Keller
