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January 2022

FastForkast headlines

Amid riots over fuel prices, Kazakhstan government resigns

Chinese mining rig maker Canaan deploys 10K machines in Kazakhstan

January 2022

OpenSea’s Wall Street waltz disappoints NFT devotees

OpenSea IPO plans in choppy waters. Crypto markets crumble. Bitcoin mining power struggles.

Crypto resilient to Omicron: Japan speeds up on CBDC

Crypto resilient to Omicron meanwhile Japan speeds up on CBDC

FastForkast headlines

Chinese mining rig maker Canaan deploys 10K machines in Kazakhstan

Court in Beijing says losses caused by crypto mining deals not protected by law

Chinese mining rig maker Canaan secures purchase order from Genesis for 30K units

China’s Yunnan province eradicates illegal power supply for Bitcoin mining

Bitcoin hashrate recovers six months after China’s crypto ban

Iceland turns away new crypto miners amid power shortage: report

Bitcoin miner Griid set to go public via Adit EdTech merger

Chinese cybersecurity firm Qihoo 360 develops crypto mining tracking system to facilitate clampdown

December 2021

Korea stands firm on NFT games; Laos introduces crypto regulations

Korea stands firm on NFT games, meanwhile Laos introduces crypto regulations

Norway considers banning Bitcoin mining while Laos embraces it

The Scandinavian country is concerned with potential environmental harm, while the debt-laden SE Asia nation seeks to regulate.

Texas faces new concerns over power grid burdens as crypto miners flood in

China’s mining exodus has flowed to the cowboy state that embraces crypto, but it might have to take into consideration the surging power loads.

Bitcoin ETFs beckon as SEC spurns sweet spot

Top blockchain and crypto news: Spot ETFs stymied as SEC stands firm. Is Bitcoin’s Taproot upgrade worth the wait? China’s crypto mining goes underground.

Chinese mining rig maker Canaan reports record-high earnings

China may be banning crypto mining activities, but rig makers appear to be spared from the clampdown.

Russia to legalize crypto mining; Korean candidate goes all out crypto

Russia to legalize crypto mining; Korean candidate goes all out crypto

What is Bitcoin Mining, and how is it done?

If the term ‘crypto mining’ sounds confusing to you, you’ve come to the right place. In this Forkast.News video explainer, we break down how it all works.

Bitcoin mining is ‘infinitely sustainable,’ says Blockstream executive

Panel explores sustainability issues surrounding the energy-intensive industry at Bitcoin & Beyond Virtual Summit.

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.

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.

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.

FastForkast headlines

Chinese cybersecurity firm Qihoo 360 develops crypto mining tracking system to facilitate clampdown

China’s Fujian authority reiterates crackdown on crypto mining

Chinese mining rig maker Canaan boosts self-mining business in Kazakhstan

Bit Digital completes mining rig migration from China to US

Marathon Digital discloses SEC investigation and raises US$650M in debt

China pledges to raid state-owned entities for crypto mining activities

China ousts former official for supporting crypto mining, corruption

Russian parliamentarian proposes to study and regulate crypto mining

Chinese edtech company pivots to crypto mining amid China’s clampdown on tutoring

Bitcoin mining difficulty recovers to May level

November 2021

Philippines trials blockchain voting; Byron Bay to host crypto mining

Philippines trials blockchain voting meanwhile Byron Bay to host crypto mining

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.

Bitcoin inches toward all-time-high; Mining difficulty on the up

Bitcoin inches toward all-time-high on the back of the first Bitcoin futures ETF in the U.S.

China’s crypto presence shrinks, while the U.S. rides the tide

More industry players are exiting the Chinese mainland market amid tougher crackdown.

China’s Zhejiang province busts covert crypto mining operations — some within public entities

Hidden mining tracked by IP addresses to state agencies, enterprises, institutions, schools

U.S. leads in Bitcoin mining as China’s share drops to zero: Cambridge data

U.S., Kazakhstan, Russia take up largest Bitcoin hashrate shares as the exodus of Chinese miners continues.

Bitcoin bulls set for stampede amid six-figure forecasts

Top blockchain and crypto news: Big money heads for Bitcoin. How fishy are Squid Game NFTs? China mothballs mining.

China to ‘outdate’ crypto mining industry with more restrictions

The country’s top economic planner hopes to prohibit investment in what it considers an energy-intensive sector.

Crypto miners blamed for Kazakhstan’s power shortages; Bitcoin on the up

Kazakhstan blames its newly settled crypto miners for power shortages as South Korea’s largest exchange is accused of listing faulty tokens for profits.

Kazakhstan, hotbed for crypto mining, mulls restrictions amid power shortages

Xive co-founder says its one mining farm in the south of the Central Asian nation has been forced to disconnect from the grid.

FastForkast headlines

Bitcoin mining difficulty recovers to May level

New Australian ETF grants exposure to Bitcoin mining sector

Spark Pool allows balance withdrawal as it phases out all domestic, international users

U.S. crypto miner Greenidge more than doubles Bitmain rig order to fuel growth

Kazakhstan power shortages continue as crypto miners scramble for solutions

Canadian crypto miner Hut 8 Mining to buy 12K new MicroBT rigs

Bitcoin becomes harder to mine with latest adjustment

Atlas expands crypto mining operations in U.S. with Compute North

Crypto mining pool AntPool to stop IP access from mainland China

Bitmain to supply 10K Antminer rigs to Bit Digital for U.S. expansion

Sri Lanka to study digital banking, blockchain and crypto mining regulation

China’s Jiangsu province works to wipe out covert crypto mining

Bitcoin mining difficulty rose to the hardest since June

October 2021

Unmade in China: Beijing’s crypto cold war turns hot

Top blockchain and cryptocurrency news: Beijing’s crypto crusade comes to a head. Chinese mining caves in. Mr. Goxx reaps robust returns.

China fallout hits mining; Korea digital custody competition heats up

China fallout hits mining meanwhile Korea digital custody competition heats up

Crypto mining players continue to flee China as latest ban kicks in

China’s earlier efforts to eradicate mining may not have been as effective as the government had hoped, but Friday’s announcement is having an impact.

Bitcoin miners expected to face tougher digging but demand continues growing

As total hashrate recovers, adjustment would follow four increases after as many declines since China intensified crypto mining clampdown.

Canaan reports record revenues; Korea says no to crypto tax delay

Canaan reports record revenues meanwhile Korea says no to crypto tax delay

Canaan sees strongest ever quarterly sales results

Leading Chinese crypto mining hardware manufacturer attributes robust revenue to ‘substantial increase in total computing power sold.’

FastForkast headlines

Bitcoin mining difficulty rose to the hardest since June

Retail malls, move over. Crypto mining is in for Malaysia’s Hatten Land

BeePool, Tiger Brokers among the latest to respond to China’s crypto ban

BIT Mining invests in crypto site in Ohio to expand U.S. operation

Chinese rig maker Canaan to buy back shares up to $20M to bring up valuation

Bitcoin mining rigs generate as much e-waste as the Netherlands

Kyrgyzstan cracks down on illegal crypto mining

China’s Inner Mongolia seeks out stealth crypto mining operations

China’s Hebei and Gansu provinces to phase out crypto mining

Iran closes down more unauthorized crypto mining farms: reports