Posted in Cryptocurrency

Industry Giants, BHP and Baosteel, Make First Iron Ore Trade for $14 Million Using Blockchain

Mining conglomerate, BHP Group has revealed that it has transacted a $14 million worth of iron ore trade through a…

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Posted in Cryptocurrency

Ethereum (ETH) Mining Pool, Ethmine, To Receive The $2.6 Million Transaction Fee Paid Out Mysteriously

After a four day wait, the Ethermine mining pool, in charge of verifying the abnormal multi-million transaction fees charged to…

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Posted in Cryptocurrency

Kyrgyzstan Lawmakers Mulling Over Taxing and Regulating Cryptocurrency Mining

Kyrgyz Republic’s lawmakers are looking to introduce a taxation bill for cryptocurrency mining which, if passed would make it the…

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2nd Largest BTC Mining Pool, Poolin, Collabs With BlockFi, To Boost Crypto Lending Service

Poolin and BlockFi have formed a partnership as the latter aims to extend loans to the mining pool. Bitcoin (BTC)…

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Bitmain Launches ASIC-based BTC Mining Machine, Antminer T19, to Combat S17’s Issues

China-based Bitcoin mining firmware company, Bitmain, announced the launch of the Antminer T19 model version. This model is a cheaper…

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Posted in Cryptocurrency

Bitfury Announces Bitcoin Mining Investment Program For Institutional Clients

Bitfury, one of the oldest Bitcoin mining firms established back in 2011, has announced a Bitcoin mining investment program for…

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Bitcoin Mining Revenue from Transaction Fees Shot Up to its Highest Level Since July 2019

In anticipation of the miner profitability to be reduced by 50%, that is halving, the percentage of BTC mining revenue…

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Posted in Cryptocurrency

China’s One Region Accounts for 35.76% of Bitcoin Hash Rate

A Bitcoin Mining Map is launched by the Cambridge Centre for Alternative Finance (CCAF) that allows checking the average monthly…

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Posted in Cryptocurrency

Ukrainian Power Plants May Use Excess Electricity to Mine Cryptocurrencies

The Ministry of Energy in Ukraine thinks power plants could be used for crypto mining companies; considering the impact of…

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Posted in Cryptocurrency

Iranian Govt Greenlights iMiner’s 6000 Rig BTC Mining Farm to Commence Operations

Iranian authorities have approved over a 1000 crypto mining licenses including Turkish based iMiner. iMiner’s new BTC mining farm boasts…

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