New York State Denies Air Permit to Greenidge Crypto Mining Facility on Seneca Lake
Greenidge Bitcoin mining firm has been denied air permit by the regulator in a move that could lead to the retrenching of hundreds of workers in the crypto mining sector.
Russia Mulling Crypto for Cross-Border Payments
Russia is reportedly mulling the plans to allow cryptocurrencies for cross-border payments as on one of the survival measures explorable as the country continues to battle sanctions from the West for its invasion of Ukraine
Legalizing Crypto Payments Will Happen "Sooner or Later": Russia Trade Minister
In a recent revelation, Russia’s Minister of Industry and Trade Denis Manturov said the move to legalize cryptocurrencies as a means of payment in the country is bound to happen “sooner or later.”
Bitcoin Network Difficulty Level Attains New ATH of 29.794T
The Bitcoin network has grown in difficulty yet again as it recorded a new All-Time High (ATH) of 29.794T.
Russian Official Advocates Legalization of Bitcoin Mining
In a dramatic twist, the Russian Deputy Minister of Energy Evgeny Grabchak is pushing for the regulation of Bitcoin mining given the current realities in the country.
ExxonMobil to Mine Bitcoin with Excess Natural Gas
Energy producer giant ExxonMobil has launched a pilot program that will convert this excess natural gas into energy that powers mobile generators that can mine Bitcoin.
Russia's Apex Bank Grants DFA License to Atomyze, the Nation's First
The Central Bank of Russia (CBR) has granted the Digital Financial Assets (DFA) services license to Atomyze LLC, the first startup in the country to become an asset manager.
Iranian Crypto Miners get Cut Off as Country Activates Energy Saving Mode
The Iran Grid Management Company, also known as the Tavanir, has cut off the power supply to the country’s licensed cryptocurrency miners, a significant step against its backing for the controversial adventure.
Marathon Digital to Raise $500M in Convertible Senior Notes
Marathon Digital Holdings, a Nasdaq-listed Bitcoin mining company has announced its plans to raise half a billion dollars as a debt offering via convertible senior notes.
Bitcoin Mining Experiences 8th Consecutive Difficulty Since China’s Ban
Even though miners have found the right footing by relocating to other areas like the United States, the eighth consecutive difficulty is being witnessed.