China’s crypto crackdown policies starting in May this year saw it lose the biggest mining hub status within two months. At the start of May, China’s share in the Bitcoin (BTC) mining network was over 60%, but with strict regulatory policy and…
Companies are turning to enterprise blockchain-based solutions to meet environmental sustainability goals as well as business demands.
Bitcoin (BTC) is often used to criticize all blockchain-based projects. This is understandable since Bitcoin was the first project to use a blockchain, is arguably…
Following the prohibition on mining in China, bitcoin mining has accelerated in Texas, where many miners have relocated their operations. Electrical demand is expected to rise by 3,000-5,000 megawatts (MW) by 2023, prompting the state to modernize its electricity supply.
Mining farms…
Bitcoin has settled over $30 billion worth of transactions in one day.
The world is growing increasingly pro-Bitcoin as the latest data has shown that the flagship digital asset settled over $30 billion worth of transactions in one day beating that of…
Mining on a MacBook Air isn't going to make a lot of profit. If you want to do cryptocurrency mining at a professional level, then consider assembling a farm or buying an ASIC.
However, this option also takes place if the goal is to…
Ethereum (ETH) has been undergoing a mass exodus away from crypto exchanges recently, as its balance in exchanges hit a 2-year-low.
Crypto insights provider Documenting Ethereum explained:
“ETH balance in exchanges at a 2-year low.”
This phenomenon signifies a holding culture because more Ethereum…
Following the lead of Xinjiang and Inner Mongolia, China's Qinghai province issued a paper ordering the closure of local mining centers.
This morning, the network obtained information concerning a letter sent by representatives of the Shandong Technopark in Xinjiang Province, in which…
Beijing-backed anti-mining activities continue to gather pace in the Middle Kingdom, with major players apparently exiting the market and trading platforms such as BitMart moving to block Mainland Chinese IP addresses – but some miners in the nation have not given up on the…
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