Block will hire specialists to develop its mining and hardware wallet businesses

Oct 24, 2022

Block will hire specialists to develop its mining and hardware wallet businesses

Jack Dorsey’s company is looking for a test hub lead, product specialists, and developers

Illegal mining farm founders are detained in Argentina

Oct 22, 2022

Illegal mining farm founders are detained in Argentina

A total of 70 raids were conducted, during which phones, cash, weapons, and office equipment were seized

Revenues from mining in Russia grow 18-fold in four years

Oct 21, 2022

Revenues from mining in Russia grow 18-fold in four years

During this period, the figure increased from 7 billion to 128 billion RUB

Russian State Duma to introduce a bill on mining, taking into account the position of Central Bank and Ministry of Finance

Oct 20, 2022

Russian State Duma to introduce a bill on mining, taking into account the position of Central Bank and Ministry of Finance

According to deputy Anton Gorelkin, the new document will not threaten the ruble as the only means of payment in the country

Head of US Global Investors predicts a mass shutdown of miners if the rate of BTC declines

Oct 20, 2022

Head of US Global Investors predicts a mass shutdown of miners if the rate of BTC declines

Frank Holmes believes that once bitcoin mining reaches the $12 000 mark, it will become unprofitable

Russia’s State Duma rejects the draft law to regulate mining

Oct 20, 2022

Russia’s State Duma rejects the draft law to regulate mining

The deputies noted that the document has not been completed and contradicted the Constitution

Demand for leasing of mining equipment increases in Russia

Oct 19, 2022

Demand for leasing of mining equipment increases in Russia

The total market volume this year amounted to 1 billion RUB

EU authorities propose to ban mining in case of power supply problems

Oct 19, 2022

EU authorities propose to ban mining in case of power supply problems

The European Commission also decided to develop energy efficiency labels for various blockchains

Bitcoin network energy consumption increases by 41% in a year

Oct 19, 2022

Bitcoin network energy consumption increases by 41% in a year

The Bitcoin Mining Council believes that this could lead to increased regulation of the industry

Coindesk learns about the launch of the Binance cloud mining pool in November

Oct 18, 2022

Coindesk learns about the launch of the Binance cloud mining pool in November

According to the publication, the hashrate pool plans to buy from third parties

Miners could not mine a block of bitcoin for 85 minutes

Oct 18, 2022

Miners could not mine a block of bitcoin for 85 minutes

A hitch occurred at block 759 054, which Luxor Pool eventually mined

Media report on the weak impact of sanctions on Russian miners

Oct 17, 2022

Media report on the weak impact of sanctions on Russian miners

Most of the pools are located in Chinese jurisdiction, and the mined coins are sold on platforms that have not imposed restrictions