Wednesday, July 15, 2020
Bitcoin's mining difficulty recently recorded a 14.95% increase after having decreased as a result of the halving. The cryptocurrency had not recorded these values ​​in its mining difficulty since January 2018, when it increased by more than 16%.
China could be losing its power regarding the concentration of the Bitcoin mining industry. Meanwhile, the USA is becoming increasingly interested. The epicenter of the Bitcoin mining industry in the world is in China. However, there...
The government of Iran issues licenses for cryptocurrency mining. Hassan Rouhani, President of Iran, issued a direct order to his government cabinet related to cryptocurrencies. In the statement, the President expressly asks to develop a national...
According to media, the rainy season could start in late May. Authorities will strengthen surveillance of energy use due to high demand. Some Bitcoin mining farms in China's Sichuan province have been disconnecting their mining equipment...
Analysts suggest that the event will be different from the reductions by half occurring in 2016 and 2012. All this takes place amid the coronavirus pandemic, a recession, and the intention of central banks to test digital currencies.
Authorities will allow tax-free crypto mining if they determine that the action is only performed in a non-profit manner. In new update of the tax guide in Singapore, the authorities revealed new considerations on some...
Shortly, China-based Bitcoin miners could migrate to other places. In recent years, the oil industry has discarded billions of cubic meters of natural gas. The upcoming event that reduces the reward of Bitcoin miners by half...
The coronavirus pandemic altered the delivery schedule for Asian manufacturers such as Bitmain, MicroBT, and Innosilicon. China, the country that registered the first Covid-19 outbreak, is home to the main companies that manufacture crypto mining equipment. Due...
The next Bitcoin halving is scheduled to occur on May 12th. The reward will drop from 12.5 BTC to 6.25 BTC per mined block. The Bitcoin halving is one of the events that the members of...
The company ARK Invest published a document assessing the profitability of Bitcoin mining. The study estimates that mining 1 BTC could cost up to USD 5,000. In early March, the ARK Invest Team released a report...

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