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Following the Recent Ban on Mining activities, Bitmain has stopped the Shipment of Antminer into China

In May/June, China outrightly banned all crypto-related activities including Bitcoin mining in the region. Since then there has been a large exodus of miners away from China, as a result, Bitmain has also seized shipping Antminer into China. Bitmain has boosted its production capacity to other regions of the…

News

Ethereum Mining Pool Sparkpool Shuts Down All Services

Ethereum mining pool Sparkpool will shut down its operations due to China’s crypto ban. Sparkpool will send details about the shutdown through announcements, emails, and in-site messages. Crypto companies are feeling the effects of Chinese regulations. Days after China announced its most serious crackdown on the crypto market, its…

News

Demand for Crypto Mining Rises Fast in Vietnam

Demand for mining rigs has been witnessing growth since Bitcoin crossed $50,000. Best selling miners with AMD and NVIDIA GPUs are fetching anywhere between $3,500 and $4,000. The Vietnamese government remains skeptical about the use of cryptocurrencies. With Bitcoin is resuming its bull run and prices of the coin…

News

Iran to Lift Bitcoin mining ban From September

Iran to lift the ban on Bitcoin mining after four months The Iranian government had identified block reward mining as one of the biggest energy guzzlers in the country Iran government expects Bitcoin and crypto mining to become a significant economic activity in the country Four months after banning…

News

Institutional Crypto Selling has the Longest Drawdown Stretch since 2018

The crypto market has witnessed significant digital asset outflows due to selloffs around Bitcoin funds. In the third week of June 2021, the total outflows by selling digital assets reached $79 million, marking the longest drawdown stretch since February 2018. The total outflows from Bitcoin funds were $89 million,…

Blog, Featured

What Would a Cashless Future Look Like

Cashless Economy: A Case Study The realization of a cashless future might sound like something out of science fiction, but the movement towards this utopian dream is already drumming forward. They have been a collusive effort behind the move to a cash-free world, including some governments and large financial…

Featured, Opinion

Blockchain Security And The History of 51% Attack

Security is one of the most referenced topics wherever Blockchain technology is discussed. It’s a core property of blockchain that makes it an immutable ledger. As a distributed and decentralized network, information stored within each block contains a piece of information that links it to the previous block in…

News

Cryptocurrency Mining Boom in Canada Prompts Hydro-Quebec to Seek ‎Power ‎Rate Hike

The cryptocurrency mining boom has prompted a backlash in Quebec, ‎where the province’s power agency has proposed a rate hike for high-‎density power operations. Hydro-Quebec wants to raise the rate of energy-hogging bitcoin miners from its current level at around 5 Canadian cents per ‎kilowatt.‎ Low electricity rates in…

News

Samsung Ventures into Cryptocurrency Mining Business, Begins ‎Manufacturing ASIC Chips

Samsung Electronics, the conglomerate business that accounts for around 20% of South ‎Korea’s entire economy, is making a move into the mining hardware industry. The tech giant ‎has set up its ASIC chip manufacturing unit over the past year and produced an initial batch of ‎mining hardware to supply…

mining

Following the Recent Ban on Mining activities, Bitmain has stopped the Shipment of Antminer into China

Ethereum Mining Pool Sparkpool Shuts Down All Services

Demand for Crypto Mining Rises Fast in Vietnam

Iran to Lift Bitcoin mining ban From September

Institutional Crypto Selling has the Longest Drawdown Stretch since 2018

What Would a Cashless Future Look Like

Blockchain Security And The History of 51% Attack

Cryptocurrency Mining Boom in Canada Prompts Hydro-Quebec to Seek ‎Power ‎Rate Hike

Samsung Ventures into Cryptocurrency Mining Business, Begins ‎Manufacturing ASIC Chips

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