All by tag: Maining

The initiative is presented as an alternative to the Ministry of Energy’s proposal to raise tariffs in deficit regions

The law will come into force on April 19 this year

The total computing power decreased from 629 to 415 EH/s

According to analysts, “any weakness in the near term represents a potential buying opportunity

Historically, bitcoin mining participants move into a selling phase when cryptocurrency prices begin to rise

Analysts also called the cost of mining 1 BTC after halving

The company expects to increase the hashrate to 50 EH/s in the next two years

Management believes that this way the company will be able to better control risks

The project differs from traditional pools in that it does not store participants’ funds

In total, industry participants earned $2,4 billion

Exceptions will apply to stablecoins and the sale of cryptocurrency by Russian miners

The previous record was set during the bull market of 2021