Category: Brytning

Bank of Russia Ready to Legalize Crypto Mining If Miners Sell Minted Coins Abroad

The Central Bank of Russia would agree to the legalization of cryptocurrency mining, provided the proceeds from the activity are converted to fiat outside of Russia. The regulators latest position on the matter comes after it softened its stance on the......

Iran kommer att lägga ner kryptogruvgårdar med rekordhög effektbehov

Myndigheter i Iran planerar att koppla ur licensierade kryptogruvanläggningar eftersom elförbrukningen i landet når rekordnivåer. Gruvgårdarna kommer att stängas av från nätet på onsdag, den islamiska republiken’s energiministeriet meddelade. Legal Crypto......

Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving

After reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low of 182 exahash per second (EH/s). While bitcoins USD value remains under the $23K zone, Bitcoin’s hashrate has......

Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per Second

While Bitcoins mining difficulty was expected to decrease two days ago on June 8, instead the difficulty increased by 1.29% på onsdag. On the same day, at block height 739,928, Bitcoin’s hashrate tapped an all-time high (ATH) reaching 292.02 exahash per......

Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop

Bitcoin miners may catch another break this week as the networks mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoins difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the difficulty dipped by 4.33%. Currently,......

Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam

Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important factors for the future of the industry. Damián Polla, Bitfarms Latam General Manager, stated that countries like Argentina,......

No Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw Proposal

A new draft law has replaced an earlier bill introducing a one-year tax and customs amnesty for cryptocurrency miners in Russia. The initial proposal has been withdrawn on the grounds that the tax break would have resulted in losses for the......

Crypto Mining Farm Uncovered in Russia’s Oldest Prison

Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Ryssland’s oldest prison. A deputy warden has been accused of stealing electricity to mint digital coins with the help of unidentified accomplices. Deputy Warden Suspected of Mining Cryptocurrency in......

Ethereum Hashrate Taps an All-Time High Amid This Week’s Crypto Market Meltdown

Amid the crazy week in the world of cryptocurrencies and the Bitcoin networks mining difficulty reaching a lifetime high at 31.25 trillion, Ethereum’s hashrate tapped an all-time high on May 13, at block height 14,770,231. Cryptocurrency miners continue to dedicate large......

Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000

Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a report, most of the illegal bitcoin farms were concentrated in five provinces of the Islamic Republic,......