Putin claims that Russia has a “competitive edge” in crypto mining due to a surplus of power and well-trained employees. Putin admitted that increasing the usage of cryptocurrency “carries certain dan...
Tag: Mining
Putin Supports Cryptocurrency Mining, Despite Central Bank Stance
As per 3 people familiar with the matter, President Vladimir Putin supports the Russian government’s proposal to tax as well as govern cryptocurrency mining while dismissing the central bank’s proposi...
Here’s the reason behind Texas Governor’s decision support to Bitcoin mining ops
China’s ban on cryptocurrency mining forced Bitcoin entrepreneurs to flee overseas. Many were heading to Texas, which is quickly becoming the next global cryptocurrency capital. Different executives w...
Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens – Mining Bitcoin News
While Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an all-time high, a global shortage of semiconductor chips could slow the growing industry. Th...
Texas Governor Greg Abbot Turns To Bitcoin Mining To Incentivize Power Production Amid Re-Election Bid
Governor Greg Abbott has turned to an unlikely corner to help shore up the state’s lagging power grid, turning to Bitcoin miners to help stabilize the Texas power grid. Governor Abbott has made severa...
Why Putin says Russia has “competitive advantages” in crypto mining
Vladimir Putin, the president of Russia, during a video conference held on 26th January, has told the government officials that Russia bears certain “competitive advantages” in mining cryptocurrencies...
Litchain Crypto Mining Company Opens in South Carolina
Another cryptocurrency data mining center has joined the digital craze. Known as Litchain Corp., the company was founded by Tony Tate – who is also the CEO – and is slated to create as many as 300 new...
Putin is in favor of regulating crypto mining in Russia: Report
advertisement Russia’s President Vladimir Putin is reportedly backing plans for regulating crypto mining in the country, Bloomberg reported on Thursday. According to unnamed sources familiar with the ...
Putin Urges Government, Central Bank to Reach Consensus on Crypto, Highlights Russia’s Mining Potential – Regulation Bitcoin News
President Vladimir Putin has joined the debate on the future of cryptocurrencies in Russia, calling on the government and central bank to work out a common position on their regulation. The Russian le...
Putin ‘Not Going To Ban Bitcoin In Russia’ As He Supports Proposal To Regulate Crypto Mining ⋆ ZyCrypto
Advertisement     Russia’s government and central bank (the Bank of Russia) advocate for two opposite approaches to regulating cryptocurrencies in general and Bitcoin ...
Putin Wants Crypto Mining Regulated, Report Says
Key Takeaways A Bloomberg report says Russian President Vladimir Putin is backing a proposal that aims to regulate crypto mining. This is contrary to last week’s proposal by Russia’s Centr...
New Survey Shows Bitcoin Mining Has Become Credible
Michael Saylor, MicroStrategy’s Founder and CEO, states that during the Q4, the company experienced the trend flow with outstanding improvements to the Bitcoin mining energy sustainability and efficie...
Russia is unlikely to ban crypto as Putin says mining benefits the country
Vladamir Putin, Russia’s President, has given crypto enthusiasts in the country a ray of hope after the central bank proposed a ban on cryptocurrencies and mining. A report unveiled this news earlier ...
Bitcoin Mining Proponent Ponders a World Where BTC Fails
For crypto die-hards, the idea of Bitcoin collapsing is unthinkable. But what would happen if, for any reason, the Bitcoin network failed? Max Gagliardi, the co-founder of Ancova Energy, a U.S. Bitcoi...
Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power – Mining Bitcoin News
The main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly caused a spike in electricity consumption in the Russian region. The supplier ...
Vladimir Putin mulls Russia’s advantage in crypto mining
TL; DR Breakdown Vladimir Putin highlights Russia’s edge in crypto mining The president wants to regulate the space The central bank of Russia wants a ban on crypto In the last few months, crypto enth...
Ban less likely? Putin says crypto mining has advantages in Russia
Russian president Vladmir Putin has given crypto enthusiasts a glimmer of hope for the future of digital assets in the country, which have been under threat from a recent push to ban cryptocurrencies ...
Putin In Favor Of Bitcoin Mining, Opposes Crypto Ban Proposal
President Vladimir Putin argued in favor of bitcoin mining citing the competitive advantages it brings for the country, thus opposing the crypto mining ban recently proposed by the Central Bank follow...
Valkyrie Files for ETF That Invests in Firms That Derive 50% Revenue From Bitcoin Mining Industry – Bitcoin News
The digital currency asset manager Valkyrie has applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The fund plans invest at least 80% of its net assets i...
Valkyrie files for bitcoin mining ETF
advertisement Valkyrie has filed for an exchange-traded fund (ETF) that will invest the majority of its net assets in companies focused on bitcoin mining. The issuer filed a post-effective amendment f...
Five Global mining Dominants to be considered for crypto operations
Bitcoin and mining were some of the words most heard in the year 2021, which witnessed significant changes in the industry. The Chinese crackdown resulted in countries like the U.S., Canada, etc., see...
Congress Wants BTC Mining to Be Greener
The U.S. Congress has completed a meeting in which members discussed how they can make the process of bitcoin mining greener. The situation is a bit of a two-sided coin in that they want to ensure ren...
Greenish Generation Holdings Will Fund Crypto Mining Data Center In South California With $264 Million
Greenidge Generation Holdings (GREE), a vertically integrated Bitcoin mining and power generation company, plans to establish a new data center in the US state of North Carolina. The Connecticut-based...
Putin Says Russia Has ‘Competitive Advantages’ in Bitcoin Mining
Russian president Vladimir Putin today said that Russia has “certain competitive advantages” when it comes to mining cryptocurrencies such as Bitcoin, according to a transcript posted to a...
Valkyrie aims for ETF linked to Bitcoin mining firms on Nasdaq
Crypto asset manager Valkyrie has filed an application with the United States Securities and Exchange Commission to trade an exchange-traded fund (ETF) with exposure to Bitcoin mining firms on the Nas...
Putin pumps the brakes on Russian Central Bank’s push to ban crypto, sees future in mining
advertisement Russian President Vladimir Putin is not totally on board with the Central Bank of Russia’s recent call to ban cryptocurrency in the country. In a January 26 video conference, Puti...
Titan CEO Ryan Condron Talks About The Future Of Crypto Mining
Titan is a new and intelligent mining management software suite and a hashpower marketplace that is designed to increase the efficiency, ease, and profitability of crypto mining. The software is desig...
Another Bitcoin Blow As 2nd Largest Crypto Mining Nation, Kazakhstan Cuts Off Mining Energy Supply Till February ⋆ ZyCrypto
Advertisement     Kazakhstan officially shuts down energy for Bitcoin miners till February. The oil-rich nation is struggling to keep up with energy demands as BTC has...
Kazakh Government Blocks Crypto Mining Until February
Key Takeaways The government of Kazakhstan has halted cryptocurrency mining from Jan. 24 to Feb 1. The state-run power grid operator Kegoc will not supply power to miners until next month. Kazakhstan ...