Crypto Mining News
Russia Sentences Citizen Over Crypto Transfers to Ukraine
Russia’s Federal Security Service (FSB) confirmed putting a resident behind bars for seven years. The resident of Yakutia was found guilty of sending crypto to…
Phoenix Group Scales Global Blockchain Operations with New 50MW Facility
Phoenix Group’s North Dakota facility adds over 2.7 exahashes to its global hash rate. Completed in under five months, the site showcases engineering efficiency and…
Russia Imposes Six-Year Crypto Mining Ban Across 10 Regions
Russia has imposed a 6-year ban on crypto mining. The crypto mining ban cuts across 10 different regions. Russia’s electric energy challenges triggered the crypto…
Trump’s Call for US Bitcoin Mining Hits China’s Bitmain Hard
Trump advocates for U.S. Bitcoin mining, challenging China's Bitmain. U.S. companies diversify supply chains, reducing reliance on Chinese-made rigs. Rising competition from U.S. firms pressures…
Bitcoin Miners Buck Trend, Hold Onto Coins Despite Price Rise
On-chain analysts have spotted a significant behavior in Bitcoin miners’ activity this year. The miner-to-exchange transfer rate has dropped despite Bitcoin’s rally. Analysts consider recent…
HIVE and TeraWulf: Efficiency Key for Bitcoin Miners Post-Halving
HIVE and TeraWulf prioritize efficiency to navigate Bitcoin halving impact. Both miners maintain strong gross margins despite decreased production. Expansion plans highlight their commitment to…
Russia Legalizes Crypto Mining, Shakes Up Bitcoin Scene
Russia legalizes cryptocurrency mining, recognizing it as a crucial part of its digital economy. New Russian law allows only registered entities to mine, with strict…
