Samsung to start producing chips for mining

Jun 30, 2022

Samsung to start producing chips for mining

The company's first customer will be a Chinese ASIC miner company PanSemi

Prices of ASIC miners fell to lowest since January 2021

Jun 30, 2022

Prices of ASIC miners fell to lowest since January 2021

Arcane Research noted that a decline in profitability will force companies to sell equipment purchased on debt, which will collapse prices even further

Central Bank called the condition for the legalization of mining in Russia

Jun 30, 2022

Central Bank called the condition for the legalization of mining in Russia

Cryptocurrency mining can become legal if the income of miners is realized outside the country

Final Toncoin mined before the blockchain’s transition to PoS

Jun 28, 2022

Final Toncoin mined before the blockchain’s transition to PoS

The consensus algorithm with proof of stake will reduce the number of new assets going into circulation by about 75%

Uzbekistan developed rules of operation for miners

Jun 28, 2022

Uzbekistan developed rules of operation for miners

The document provides for mandatory registration of participants in cryptocurrency mining, as well as higher electricity tariffs

Albania to implement  taxation of cryptocurrencies

Jun 27, 2022

Albania to implement taxation of cryptocurrencies

According to a draft law, which may take effect from 2023, individuals will pay a capital gains tax of 15%

Russian miners started selling video cards for one-third of the price

Jun 25, 2022

Russian miners started selling video cards for one-third of the price

In June, the cryptocurrency mining market collapsed five times compared to March 2022

CryptoQuant analyst explained 10% drop in Ethereum hashrate

Jun 25, 2022

CryptoQuant analyst explained 10% drop in Ethereum hashrate

According to the expert, the decline in the indicator was influenced by a drop in the price of ETH, an increase in operational costs, and the network’s impending transition to PoS

Bloomberg analysts: miners cannot repay loans worth $4 billion

Jun 25, 2022

Bloomberg analysts: miners cannot repay loans worth $4 billion

The risk of non-payment on loans is growing, as the value of cryptocurrency mining rigs accepted as collateral has halved

Fraudsters stole more than 100 million RUB worth of mining rigs in Irkutsk

Jun 24, 2022

Fraudsters stole more than 100 million RUB worth of mining rigs in Irkutsk

In total, about 100 people were affected, who placed mining rigs worth from 1 million rubles

Mining profitability declined by 80% since November 2021

Jun 23, 2022

Mining profitability declined by 80% since November 2021

In May, companies sold 100% of the bitcoins mined in a month, as well as cryptocurrency from reserves

Ethereum developers to shut down three testnet after switch to PoS

Jun 23, 2022

Ethereum developers to shut down three testnet after switch to PoS

Users and companies are advised to migrate as soon as possible to Goerli or Sepolia testnets, which will continue to be upgraded