Mining Financial News

20.06 / 09:43

Mining Bitcoin Bitcoin Price Marathon Marathon Digital keeps on mining despite BTC price slump

Despite data showing that the Bitcoin (BTC) price may have fallen to the point of being unprofitable for the average miner, Marathon Digital Holdings says it will continue working to accumulate the leading crypto asset.

17.06 / 16:09

Blockchain Ethereum defi Mining Threat BIS report warns about front-running threat in crypto mining

Since 2020, miners on the Ethereum blockchain have extracted around $600 million from other investors by miners, according to a new report by the Bank for International Settlements (BIS) focusing on common malpractice in the crypto mining industry.

16.06 / 20:21

Digital Mining Bitcoin Time 'The Reckoning' & 'The Best Time' to Enter Bitcoin Mining as Firms Diversify Amid Bear Market

Some Bitcoin (BTC) and crypto miners are working to diversify their operations amid the bear market, trying to gain revenue streams unrelated to mining. At the same time, the current market reveals “who has been conservative and who has been ‘apeing’ in,” panelists at a mining discussion agreed.

14.06 / 09:11

Mining regulation New York State Bitcoin NYC Mayor Eric Adams speaks out against PoW mining ban legislation

New York City’s Mayor Eric Adams spoke out on Monday, June 13, against a bill just one step away from effectively banning Bitcoin mining in the state for the next two years.

13.06 / 20:03

Art NFT Mining Metaverse Backed NFT collection backed by Bitcoin mining offers alternative to 'hyped' drops

An NFT project says it is "truly redefining" what it means to collect digital art — with added benefits that other collections in the space don't offer.

13.06 / 14:51

markets Mining Analysis Bitcoin Old Bitcoin mining rigs risk 'shutdown' after BTC price slips under $24K

Older Bitcoin (BTC) mining rigs are finding it difficult to generate positive revenues during the ongoing crypto market decline.

13.06 / 11:37

Blockchain Ethereum Mining Ethereum Steps on Another Delay Bomb

Ethereum (ETH) developers have decided to once again delay the “difficulty bomb,” a special code in Ethereum that eventually makes it impossible to mine ETH tokens, by another two months.

10.06 / 05:51

Mining regulation New York State Bitcoin isolate Bitcoin miners say NY ban will be ineffective and 'isolate' the state

Two Bitcoin miners have told Cointelegraph that if the bill banning Proof-of-Work mining for two years in New York becomes law, it would end up triggering an exodus of mining companies from the state and do little to address the intended goals of the moratorium.

08.06 / 16:13

Mining regulation lawmaker crypto legislation French Lawmaker Releases New Report to Push for Crypto Legislation

Pierre Person, a lawmaker from France’s ruling La République En Marche! (LREM) party, has unveiled a new report which introduces a number of legislative proposals related to crypto and digital assets, pushing for the adoption of crypto legislation in the French parliament.

07.06 / 18:33

Mining regulation Central Bank Russia Edges Closer to Crypto Regulation as Ruling Party, Energy Ministry Push for Legislation

Crypto regulation is likely to come sooner rather than later in Russia, leading politicians hope – with the ruling United Russia party throwing its weight behind legislative proposals and the Ministry of Energy voicing its support for crypto mining.

07.06 / 17:45

Blockchain cryptocurrency Mining CoinEx The 2022 Consensus Festival Will be Hosted, CoinEx Participates As the Sponsor

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

07.06 / 14:47

defi Mining regulation Kazakhstan’s central bank ‘isn’t going to ignore’ the crypto market

While Kazakhstan’s government is catching up with the tremendous volume of crypto mining in the country by introducing new taxes and regulations, the local central bank intends to explore the possibilities that crypto offers.

06.06 / 23:37

markets Mining Bitcoin Traders think Bitcoin bottomed, but on-chain metrics point to one more capitulation event

The bull market euphoria that carried prices to new highs throughout 2021 has given way to bear market doldrums for any Bitcoin (BTC) buyer who made a purchase since Jan. 1, 2021. Data from Glassnode shows these buyers "are now underwater" and the market is gearing up for a final capitulation event.

06.06 / 22:35

markets Mining Bitfinex Bitcoin Bitfinex Bitcoin longs hit a record-high, but does that mean BTC has bottomed?

Bitcoin (BTC) has been unable to close above $32,000 for the past 28 days, frustrating bulls and pushing the Fear and Greed index to bearish levels below 10. Even with today’s small boost, the tech-heavy Nasdaq stock market index is down 24% year-to-date.

06.06 / 20:39

Ethereum MARKET Mining Bitcoin Bitcoin Ends Record-Long Losing Streak, BTC Inflows Grow, Ethereum Sees Outflows

As bitcoin (BTC) ended a 9-week-long losing streak on Sunday, when a green weekly candle finally appeared on the bitcoin chart. The positive weekly close kicked off a green start of the new week on Monday, with gains across the board in the crypto market.

06.06 / 20:03

defi Mining DEX Comprehensive ecosystem provides a market-leading variety of options and possibilities

To understand technology adoption, users are encouraged to reflect on history. Looking back at the worldwide web in the mid-1990s, two factors became the lead-up to the world going digital. The first was the ability for users to understand the problems the internet could solve, and the second was the ease at which the mass market felt their transition from the old to the new was supported. Under these two factors, the world saw the internet go from a promising opportunity to the foundation of society and business today.

06.06 / 10:35

markets Mining inflation Bitcoin week BTC price snaps its longest losing streak in history — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week with some fresh hope for hodlers after halting what has been the longest weekly downtrend in its history.

03.06 / 08:31

Blockchain Mining Power Kenyan energy company entices Bitcoin miners with geothermal power

Kenyan energy company KenGen has put out a call to Bitcoin miners to move nearby and buy its excess renewable power capacity.

02.06 / 08:35

Mining Hash Rate Bitcoin Low Bitcoin daily mining revenue slumped in May to eleven-month low

Bitcoin mining revenue and profitability have continued to slide along with the asset's price this year as the crypto winter deepens.

30.05 / 14:33

Mining regulation Bitcoin Crypto miners Gov't says crypto miners consume 2% of total electricity in Russia

Crypto miners account for two percent of the total electricity consumption in Russia, according to the latest government estimate.

28.05 / 00:01

markets defi Mining Bitcoin 3 metrics contrarian crypto investors use to know when to buy Bitcoin

Buying low and selling high is easier said than done, especially when emotion and volatile markets are thrown into the mix. Historically speaking, the best deals are to be found when there is “blood on the streets,” but the danger of catching a falling knife usually keeps most investors planted on the sidelines.

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