As total hashrate recovers, adjustment would follow four increases after as many declines since China intensified crypto mining clampdown.
Canaan reports record revenues meanwhile Korea says no to crypto tax delay
Leading Chinese crypto mining hardware manufacturer attributes robust revenue to ‘substantial increase in total computing power sold.’
Korea crypto damage assessed meanwhile Initium’s news based NFTs sell out
China’s BSN to launch in South Korea portal as Chinese Canaan secures huge mining rig orders
Genesis Digital Assets signs deal for 20K mining machines to fuel growth in North America, Nordic region
The order follows a June purchase by Genesis of 10K machines from China-based Canaan, one of the world’s biggest Bitcoin mining rig makers
Amid global supply shortage, the move could impact clients such as mining rig maker Bitmain, which sources TSMC’s wafers for its Antminer S19 series.
As the crypto hashrate continues to recover, miners will likely have to work harder for their coins.
Operating costs and crypto bear market suck up cash after former lottery operator bets on digital assets
Poolin, a major mining pool in China, has set sail for America. ‘Large players are all over the U.S. now looking for deals.’
A landmark US$1 trillion infrastructure bill moved one step closer to becoming law on Sunday, notably without carve-outs for cryptocurrency miners and network validators. What does it mean for the industry?
Cryptocurrency miners are front-running Ethereum transactions to make profits called MEV that critics decry as unfair. What can be done about it?
North America emerges as hardware demand hotspot amid Beijing’s regulatory onslaught against cryptocurrency sector.
The global Bitcoin hashrate is now on an uptrend as miners pushed out by China resettle on friendlier shores and resume investing big money in mining equipment.
Number of new South Korean crypto investors have tanked in the month of June as crypto mining investments boom outside China.
Despite China’s crackdowns on Bitcoin mining and growing consternation about crypto mining’s carbon footprint, some miners are betting big on a rosy future.
Bitmain’s move comes amid China’s crypto mining crackdowns and AntPool’s shrinking hashrate. Is Bitmain gussying up for an IPO?
Binance CEO CZ confirms that a new executive may lead the organization. Meanwhile, Bitmain spins off one of the world’s largest mining pool Antpool.
Case could be first fatality associated with mining, although hot-running equipment has history of starting fires.
Optimum Mining Host-Black Rock Petroleum plan comes as Canaan seeks greener operations through Czech partnership.
As Bitcoin’s carbon footprint continues to make ESG investors uneasy, a new clean-energy crypto mining ETF aims to allay their environmental concerns.
Plentiful electricity, cold climate are among drawcards as Chinese mine operators flee crackdown at home.
As the world grapples with crypto mining’s carbon footprint, Nischal Shetty of WazirX examines the technical and regulatory solutions.
Kazakhstan is quickly becoming a mining hotspot as China’s mining exodus settles down. In Hong Kong, and update on the e-HKD.
As China shuts down crypto mining over environmental concerns, miners are moving next door to Kazakhstan, one of the most coal-rich countries in the world.
South Korea’s Blue House responds to a national petition calling for the financial watchdog head’s resignation.
Top blockchain and cryptocurrency news: Bitcoin’s still winning. Titan’s troubles as a teachable moment. Beijing creates a crypto mining diaspora.
Another legal challenge faces cryptocurrency exchange Upbit. In China, Ant Group is getting into the NFT game — through Alipay.
The next generation of mining hot spots are shaping out in the aftermath of China’s mining exodus as Upbit’s delisting generates new enemies.
Kazakhstan offers nearby bolthole as North America and Europe beckon.
Miners face imminent shutdown as power companies told to cut electricity, according to multiple reports.
Top blockchain and crypto news: Bitcoin finds fresh favor in Global South. Why would hackers demand a Bitcoin ransom? Chinese miners eye Yunnan probe.
Chinese authorities provide more details on its notice issued to the local mining industry while South Korean exchange start ‘coin thinning’.
Following rumors of a possible ban on cryptocurrency mining in the province last week, its energy regulator has clarified an approach to the industry that looks set to rein in rogue operators.