Industry participants told RBC Crypto about the changes taking place in the cryptocurrency mining industry amid rising electricity tariffs Electricity is one of the most significant costs for miners, as cryptocurrency mining equipment consumes a significant amount of energy. One…
Iran has been mining and trading cryptocurrency since 2019, when its national currency was devalued by years of tough international sanctions and high inflation. However, experts say it remains nearly impossible to accurately determine how much bitcoin (BTC) has been…
Iran is mining and trading cryptocurrencies out of necessity due to tough global sanctions and the depreciation of its local currency amid high inflation since at least 2019. However, experts told Decrypt that valuing its assets remains extremely difficult. The…
Ethiopia is seeing an increase in power problems caused by cryptocurrency mining activity amid the growth of the cryptocurrency industry in the country. According to reports, cryptocurrency mining and data centers in the country are expected to consume up to…
Cango has completed its previously announced acquisition of 18 EH/s of active Bitcoin hashrate from Bitmain’s financial division, Antalpha, increasing its total installed hashrate to 50 EH This article from Theminermag, a specialized publication for the cryptocurrency mining industry, is…
In a research report released late Thursday, Cantor Fitzgerald argued that Core Scientific (CORZ) could fetch more than $30 per share if it is acquired by cloud giant CoreWeave, citing both the stable cash flows from its AI contracts and…
In June, Bitcoin’s hash rate fell sharply to its lowest level in a year. The decline came as political tensions between the United States and Iran escalated, sparking speculation about a possible geopolitical connection. However, experts disagree. What are the…
Bitcoin BTC miners’ profits of $106,976.04 fell to their lowest in two months, but there are still no signs of a forced sell-off despite declining profitability. Daily mining revenue fell to $34 million on June 22, the lowest since April…
Several notable technical updates to blockchain projects are planned for the second month of summer, which are worth knowing, RBC Crypto reports. July 2 Conflux Network to Hard Fork with Update On July 2, the CIP-156 update will come into…
In the fast-changing world of digital finance, a company’s strategic management of its treasury assets serves as an important indicator of its long-term goals and sustainability. Canadian cryptocurrency mining company HIVE Digital Technologies recently made an impression on the market…