Sunday, May 5, 2024
Bitcoin is not only the most prominent and valuable digital asset, but also, it represents an attractive investment for nearly everybody from entrepreneurs to regular people with some funds they want to preserve. However, when the ambition crosses the line and...
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...
Russia is open to adopting Bitcoin mining. The Russian government could decide where mining farms carry out their activities. Bitcoin mining in a country like Russia is not currently under a legal framework....
Ever since Bitcoin proved that it has the ability to be worth $20,000, it earned worldwide attention even during its subsequent slump. Now, many investors are hedging their funds by turning them in BTC; this is, by far the world’s most...
The hard fork occurred at the height of block 9,573,000 during the early hours of Sunday, January 12th. After the fork, the hash rate remained stable at 12 EH/s. As announced, Ethereum Classic’s hard fork...
Rosetom will enable facilities for mining farms that want to use nuclear energy. The renowned Russian nuclear power company, Rosetom State Atomic Energy Corporation, recently announced that it is expanding and reconditioning a new area of...
Spark Pool, Ethermine and F2Pool have voted on limits of almost 9,000,000 GAS per block. The three pools have about 60% of Ethereum processing power. About 50% of Ethereum miners are in favor of the...
Bitmain leads the list and concentrates between 55 and 60% of the industry's profits. Regarding geographical distribution, China continues to maintain the monopoly on Bitcoin mining. It was reported that 95% of the Bitcoin mining...
Authorities in Ukraine Ratify They Allow to Mine Cryptocurrencies Ukrainian government authorities have issued a statement reaffirming that users have the freedom to mine in their territory. They explained that there is no supervision by regulatory bodies.
At the current price of BCH, the total investment would be around USD 6,000,000. The funds will be managed by a Hong Kong-based corporation. The leading Bitcoin Cash mining groups (pools) approved the implementation of...