Russia is stepping up its fight against illegal crypto miners by creating a national registry of mining equipment that will help identify unreported transactions. According to local media, Russian authorities have already developed the register and distributed it to regions…
Cardano founder Charles Hoskinson estimated that the cost of electricity that Satoshi Nakamoto, the leading cryptocurrency's mysterious co-founder, spent to mine 1 million BTC would have been less than $3,700. Hoskinson presented three different scenarios that demonstrate how much electricity…
Bitcoin's hashrate continues to grow, adding 88 exahashes per second (EH/s) over the past 11 days after dropping to 810 EH/s on June 24. At the same time, miners are seeing an 11.62% increase in profitability compared to the previous…
Russian President Vladimir Putin has commented on the growing energy deficit that has arisen due to the rapid growth of digital currency production, as well as the gradual ban on cryptocurrency mining across the country. Putin's comments on the matter…
NIP Group, the parent company of world-renowned eSports organization Ninjas in Pyjamas (NiP), has announced its entry into the Bitcoin mining market. Esports giant Ninjas in Pyjamas begins mining Bitcoin: plans to mine $6.5 million in BTC per month The…
Ding-ding-ding – we have a winner! A lone miner earned a reward of 3,173 BTC ($349,028) after mining Bitcoin block number 903,883 late Thursday . Such occurrences are not all that common; in fact, according to one expert, such an…