Tag: Mining

Iran Ceases Authorized Digital Asset Mining To Save Energy For Winter

Blockchain | by Ben Gupta | December 30, 2021

Amid Iran’s energy utilization increasing during the winter, local energy authorities have decided to stop operations of authorized digital asset mining centers. […]

EIP-1559 Sets New Record, Burns Over $2 Billion Worth Of ETH

Blockchain | by Ben Gupta | October 25, 2021

Around two billion dollars worth of Ethereum (more than 600k ETH) has now been burned by the Ethereum blockchain network, fueling the […]

The United States Of America Becomes World Leader In BTC Mining After China Crackdown

Blockchain | by Ben Gupta | October 22, 2021

The United States of America has now become the world’s leader in BTC mining subsequent to the recent crackdown on the industry […]

Belarus Initiates Special Electricity Tariff for Digital Asset Miners

Blockchain | by Ben Gupta | October 20, 2021

Belarus has classified digital asset miners in the same electricity-tariff grouping as data centers, as per a directive mutually issued by the […]

Russian Energy Minister: Miners Should Pay More Than Households For Electricity

Blockchain | by Ben Gupta | October 20, 2021

Russia’s minister of energy, Nikolay Shulginov, recently told the TASS agency that digital asset miners need to pay more than households for […]

Square Planning To Build Open-Source BTC Mining System

Blockchain | by Ben Gupta | October 18, 2021

Square, the United States headquartered financial services giant, is mulling over starting the investigation of technical requirements for making an open-source BTC […]

Sri Lanka Joins Global Crypto Adoption Drive, Appoints Committee To Implement Digital Asset Mining

Blockchain | by Ben Gupta | October 16, 2021

Sri Lanka joins the international digital asset adoption drive subsequent to setting up a committee for exploring and implementing virtual asset mining […]

Amount Held By Ethereum Miners Touches Highest Level Since The Year 2016

Blockchain | by Ben Gupta | October 14, 2021

The amount of ETH that is being held by the crypto miners has recently touched record levels in terms of USD, as […]

Miami Mayor: Crypto Crackdown In China Generates Wonderful Opportunity For America In BTC Mining

Blockchain | by Ben Gupta | October 1, 2021

Miami Mayor Francis Suarez, who has been attempting to build his city into a BTC hub, sees the digital asset crackdown by […]

Crypto Mining Rigs Discovered In Tehran Stock Exchange Building, CEO Resigns