Abu Dhabi Imposes Strict Ban on Cryptocurrency Mining on Agricultural Farms
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has confirmed a strict ban on cryptocurrency mining on farms within the emirate. The regulatory measure...
Miners
AI Boom at Oracle: Record Earnings Send Crypto Mining Stocks Soaring
Tech giant Oracle (ORCL) reported quarterly earnings that beat Wall Street expectations, driven by massive demand for Artificial Intelligence (AI) infrastructure. This announcement, occurring after the...
Solo Bitcoin Miner Wins $222,000 Jackpot
TL;DR A solo Bitcoin miner secured a block reward worth over $222,000, highlighting the unpredictable nature of Bitcoin mining. The miner processed block number 867,118...
TeraWulf Sells 25% Stake in Bitcoin Mining Facility for $92 Million
TL;DR TeraWulf sells a 25% stake in Nautilus Cryptomine for $92 million, including $85 million in cash and 30,000 Bitcoin miners, achieving a 3.4x return...
Bitcoin Plummets While Miners Continue to Hold Ground
TL;DR Despite the decline in Bitcoin miners’ revenues, there are no signs of capitulation, according to CryptoQuant’s Ki Young Ji. The mining industry faces the...
Ethereum Miners Are Making $800,000 Per Hour
Only a day subsequent to yielding over a large portion of a million dollars in exchange expenses in a single hour, Ethereum excavators’ normal hourly...
Ethereum Classic Attacked? Reports Says No
The start of August has brought disorder for Ethereum Classic financial specialists, with issues for clients and trades. Stores and withdrawals were stopped after tweets...
Iran Licenses 14 Bitcoin Mining Farms, Cuts Electricity Tariff up to 47% for Miners
The Islamic Republic of Iran has purportedly given licenses for 14 digital currency mining ranches, each with a limit of 300 megawatts, Tehran-headquartered Mehr news...
Iran’s President Calls For National Crypto Mining Strategy
Chairing Iran’s monetary coordination base camp – a course for the national financial technique – not long ago, Rouhani told authorities from the Central Bank...
Binance Officially Begins Crypto-Mining With Its Launch of Binance Pool
Days back, Binance announced a beta version of the Binance pool detailing its originally mined bitcoin square. As announced by authentic Binance twitter handle the...