Tether Drops $500M Bombshell On Bitcoin Mining Expansion

Stablecoin issuer Tether is making a significant push into Bitcoin mining with the goal of dominating this highly-stacked market. The company, according to newly appointed CEO Paolo Ardoino, is looking to pour...

Miners Reap Rewards As Halving Nears In The Cryptoverse

As the year draws to a close, enthusiastic cryptocurrency fans and hardworking Bitcoin miners are celebrating a profitable boom all across the world. The daily profits for people who practice...

Crypto Mining Should Be Registered and Taxed in Russia, Financial Market Committee Chair Says

Cryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also thinks Russian digital...

Bitcoin Miner Greenidge Generation Plans to Develop South Carolina Mining Facility

On Friday, the bitcoin mining operation Greenidge Generation Holdings announced the company is expanding to South Carolina in order to develop the firm’s next bitcoin mining facility. Greenidge details...

Expert Believes Nuclear-Powered Crypto Mining Could Help Ukraine to Solve Energy Spending Problems

Bitcoin mining could be a proper asset to solve one of the significant issues in the Ukrainian energy sector: spending. A financial expert praised the recent push given by...

Cryptojacking Activity Decreased for the First Time Since 2018, Says Intelligence Report

Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud. A threat...

Abkhazia Plans to Criminalize Crypto Mining as Energy Crisis Deepens— Extends Temporary Ban

Crypto mining in Abkhazia is still a hot potato for the de facto state government, which is now determined to criminalize such activities. Continuous massive power disruptions, in parallel,...

AMD Could Release Its Own Crypto GPU to Mine Ethereum to Calm Down the...

A U.S. multinational semiconductor company could be preparing the ground to release its own series of cryptocurrency mining processors. AMD is reportedly looking to introduce a GPU for mining...

Argentinean Startup Accelerator Launches Crypto Mining Farm in Mar Del Plata

The Technological District of Mar del Plata, Argentina, will host a massive crypto mining operation backed by a domestic startup accelerator. Lothal Mining is the company that will run...

Chinese Tea Retailer Joins the Crypto Mining Industry After Hiring Two Roles to Lead...

A Chinese tea retailer is looking to make its inception into the bitcoin mining business. Publicly-listed Urban Tea announced the expansion of its operations by appointing two executives to...
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