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The Most Unworkable State Law
mining

The Most Unworkable State Law

An Illinois senator has presented a law that would compel crypto node operators, miners, and validators to reverse transactions if ordered by the court, even though it's impossible.

Hacking 101: Security of Bitcoin Wallets, From a Hacker's Point of View
mining

Hacking 101: Security of Bitcoin Wallets, From a Hacker's Point of View

The safety of crypto wallets was recently questioned, after an incident where a Bitcoin address was successfully hacked.

Bitcoin’s Long-Term Address Activity Rebounding, Signaling a Breakout sign
mining

Bitcoin’s Long-Term Address Activity Rebounding, Signaling a Breakout sign

On-Chain metrics provider Santiment noted that BTC long-term address activity surged to levels witnessed in mid-April, which could signal a breakout.

Only 2 Million Bitcoin Left to be Mined Within a Projected Timeline of 118yrs
mining

Only 2 Million Bitcoin Left to be Mined Within a Projected Timeline of 118yrs

A total of 19 million of the total 21 million of the coin’s maximum supply has been mined, leaving barely 2 million before the generation of new Bitcoin ceases for good.

Thailand Sees PoW Mining Surge As China Ban Lingers On
mining

Thailand Sees PoW Mining Surge As China Ban Lingers On

As the popular saying goes, one man’s food is another man’s poison, the same can be said of crypto mining which is largely on the rise in Thailand amidst the persistent ban on related activities in China.

Hive Blockchain Generated 465.1 BTC, 2957 ETH in July
mining

Hive Blockchain Generated 465.1 BTC, 2957 ETH in July

Hive Blockchain said it currently holds 3,091 Bitcoin and 6,820 Ethereum as of August 4, 2022, after producing 278.5 BTC and 2,957 ETH in July.

Bitmain Faces Record Fine as China Tightens Scrutiny on "Greenwashing" Bitcoin Mining
mining

Bitmain Faces Record Fine as China Tightens Scrutiny on "Greenwashing" Bitcoin Mining

Bitmain faces a $3.7 million fine in China for greenwashing claims in Bitcoin mining, signaling heightened scrutiny and stricter regulations on environmental compliance.

China’s Ethereum Mining Pool Sparkpool To Stop Offering Services Following PBOC’s Clampdown on Crypto
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China’s Ethereum Mining Pool Sparkpool To Stop Offering Services Following PBOC’s Clampdown on Crypto

Sparkpool, an Hangzhou-based Ethereum mining pool in China, has suspected of providing its services to its customers in China and further plans to halt the services abroad.

Fidelity Investments Acquires $20M Stake in Bitcoin Miner Marathon Digital
mining

Fidelity Investments Acquires $20M Stake in Bitcoin Miner Marathon Digital

Fidelity Investment Inc now has a 7.4% stake in Marathon Digital Holdings, a major crypto mining firm in North America.

Bitcoin Miner Rhodium Plans to List on Nasdaq through Reverse Merger
mining

Bitcoin Miner Rhodium Plans to List on Nasdaq through Reverse Merger

Bitcoin miner Rhodium Enterprises is planning to list on Nasdaq under the ticker “RHDM” through a reverse merger with business consulting firm SilverSun Technologies Inc., Bloomberg reported on Sept 30.

Protests Erupt as Alexander Lukashenko Wins Disputed Landslide Election in Crypto Forward Belarus
mining

Protests Erupt as Alexander Lukashenko Wins Disputed Landslide Election in Crypto Forward Belarus

In Belarus, a highly contested election victory for longstanding President Alexander Lukashenko over Svetlana Tikhanovskaya has erupted in protests. Despite the dispute, the Soviet forged dictator’s stay of power may be good news for crypto.

Hut 8 Purchases 5,800 Mining Rigs to Improve Productivity in Ontario
mining

Hut 8 Purchases 5,800 Mining Rigs to Improve Productivity in Ontario

Hut 8 has bought new Bitcoin mining machines. The miner considers the purchase as part of efforts to alleviate a bottleneck in its production facilities.

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