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Bitcoin Slips to 4-Month Low as Kazakhstan Internet Shutdown Hampers Mining

Bitcoin Slips to 4-Month Low as Kazakhstan Internet Shutdown Hampers Mining

Bitcoin dropped below $42K for the first time since September 2021 as the market remains in the red.

Bitcoin Perpetual Swaps Open Interest Hits the Highest Point Since Mid-April by Topping the $16B Mark

Bitcoin Perpetual Swaps Open Interest Hits the Highest Point Since Mid-April by Topping the $16B Mark

Bitcoin (BTC) has been experiencing an uptick in activities with perpetual swaps open interest recording a 5-month high.

Bitcoin Miners’ Control of BTC Network is Gradually Shrinking

Bitcoin Miners’ Control of BTC Network is Gradually Shrinking

Coin Metrics, a provider of on-chain and off-chain crypto asset market data, has released a new report showing Bitcoin miners’ control of the BTC network is decreasing.

UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility

UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility

London-based Argo Blockchain has joined an increasing number of firms seeking to construct crypto mining facilities in Texas, US.

Green Mining in the Desert? UAE's Push for Renewable Bitcoin Farms

Green Mining in the Desert? UAE's Push for Renewable Bitcoin Farms

The UAE is innovating green Bitcoin mining using renewable energy, like solar and nuclear, to power farms in the desert, while also advancing desert greening technologies.

Riot Blockchain Sees Growth in Q1 2020 Despite COVID-19 Disruption

Riot Blockchain Sees Growth in Q1 2020 Despite COVID-19 Disruption

Riot Blockchain Inc., one of the few listed public cryptocurrency mining companies in the United States on Nasdaq, reported financial results for Q1 of 2020, which ended on March 31. The company has seen a small growth in its earnings per share during this quarter. Riot Blockchain previously changed its name from Bioptix in 2017 after shifting its focus from biotechnology to Bitcoin mining. The company’s share price skyrocketed to a $38 high in late 2017, which then fell to $110 after Riot was accused of misleading investors by capitalizing on public interest in blockchain to drive up its share price. These claims have been dismissed on the basis that it was not proven that the company’s name was changed to drive up the share price.

Ethereum Miner Balances Hit a 50-Month High as ETH Leads in NFT Sales

Ethereum Miner Balances Hit a 50-Month High as ETH Leads in NFT Sales

Ethereum (ETH) miners have seen their holdings go through the roof to the tune of $1.85 billion.

White House Heightens Scrutiny on Crypto Miner’s Energy Consumption

White House Heightens Scrutiny on Crypto Miner’s Energy Consumption

Regulatory scrutiny increases as crypto mining activities are rising and consuming huge amounts of energy.

Montana Passes Crypto Miner Rights Bill

Montana Passes Crypto Miner Rights Bill

Montana’s House of Representatives passed Bill number 178, which seeks to enshrine the rights of crypto miners and prohibit local authorities from obstructing crypto mining operations. The bill now awaits Governor Greg Gianforte’s signature to become law. The legislation establishes a “digital asset mining right,” forbids discriminatory electricity rates charged to crypto miners, and removes the authority of local governments to use zoning laws to impede crypto mining activities.

Crypto Mining Pool Provider Poolin Suspends Withdrawals, Citing Liquidity Problems

Crypto Mining Pool Provider Poolin Suspends Withdrawals, Citing Liquidity Problems

Poolin assured its customers that funds are safe and promised to fix the issue amid a bearish market.

Tables Turn for Japanese Man After Being Convicted for Secretly Installing a Crypto Mining Program

Tables Turn for Japanese Man After Being Convicted for Secretly Installing a Crypto Mining Program

The Tokyo High Court has dismissed the acquittal of a 32-year-old Japanese man who had been let off the hook by the Yokohama District Court in March 2019 after being accused of unlawfully inserting a cryptocurrency mining program dubbed Coinhive.

Microsoft’s Crypto Patent Fuels Another Right Wing Satanic Conspiracy By Ex-CIA Agent

Microsoft’s Crypto Patent Fuels Another Right Wing Satanic Conspiracy By Ex-CIA Agent

Ex-CIA agent Kevin Shipp has dragged Microsoft's crypto-mining patent right back into the center of another right-wing conspiracy.

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