Mining

The Bitcoin miner reserve has increased to its highest level since April. BTC has fallen below $70K once again. Recently, Bitcoin mining difficulty has decreased, but miners’ revenue has also declined. Despite…

Cloud mining is a transformative approach that allows individuals to mine cryptocurrencies, such as Bitcoin,…

The Ministry of Electric Power in Venezuela has revealed plans to ban Bitcoin mining from the country’s grid as it grapples with power shortages. While the ban only recently became official, the government has been cracking…

Table of Contents Venezuela has banned all crypto mining activities in the country as it could no longer ignore the impact of crypto mining on the nation’s energy resources. The Venezuelan national power grid is under a lot of stress…

Runes cooling down after their much-hyped debut also coincides with a big drop in the average transaction fee on Bitcoin.…

El Salvador, the first country in the world to adopt Bitcoin as legal tender, has also used its geothermal resources to mine 474 Bitcoin in the past three years. According to the country’s “Bitcoin office,” a state-approved department,…

Bitcoin mining stocks like Marathon Digital (MARA), Riot Platforms (RIOT), CleanSpark (CLSK), and Cipher Mining (CIFR) will be in the spotlight as BTC demand and price rises. Bitcoin has jumped to over $67,000 as animal spirits return in…

Table of Contents The government recently confiscated 2,000 crypto mining devices. This move is being taken in an effort to lessen the substantial energy burden. The Venezuelan government has stated its intention to detach…

Venezuela becomes the latest nation to put a ban on crypto mining firms, citing heavy energy consumption. According to local news outlet AlbertoNews, Venezuela’s Ministry of Electric Power plans to cut off crypto-mining companies…

Venezuela’s Ministry of Electric Power announced plans to disconnect cryptocurrency mining farms from the national grid to manage high energy demand and ensure reliable power supply to its citizens. The decision follows the recent…