Uzbekistan has for the first time issued a permit to mine cryptocurrency in its territory, entering the region’s expanding coin minting market. The move puts an end to months of uncertainty, the newly…
Bitcoin just got ~15% harder to mine as hashrate falls—pushing miner revenue back into the $30 stress zone Bitcoin’s mining economy has tightened again, but its undertones could pave the way for a…
Russia’s tax authority has disclosed the number of cryptocurrency miners regularly reporting the digital coins they are producing to the government. The figure announced includes both mining…
Russia’s tax authority is now applying for the bankruptcy of a BitRiver subsidiary responsible for a massive and unsuccessful project believed to have led to the downfall of the troubled mining giant.…
Bitcoin’s hashrate — a key metric that measures the network’s total computational power — recorded a sharp V-shaped recovery in February. This sudden turnaround has raised hopes that Bitcoin may end…
Binance Founder Changpeng "CZ" Zhao has revealed the role he played in the positive shift of the United Arab Emirates as a Bitcoin miner. Reacting to a post detailing the region’s success as a $BTC…
Public Bitcoin miners are planning about 30 gigawatts of new power capacity aimed at artificial intelligence workloads, nearly three times the 11 GW they currently have online, as they race to offset…
The United Arab Emirates is sitting on roughly $344 million in unrealized profit from its bitcoin $BTC$66,481.46 mining operations, according to onchain data from Arkham, making it one of the world’s…
Russian brokerage firm Finam has registered the country’s first cryptocurrency mining-focused investment fund with the Bank of Russia. The company plans to begin trading the fund’s shares in the…
Shares of Riot Platforms (RIOT) rose nearly 9% Wednesday after activist investor Starboard Value LP released a letter pressing the company to accelerate its transition from bitcoin mining to AI…