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Kazakhstan Welcomes Cryptocurrency Miners, While China is Losing Millions
Jul 22, 2021 at 12:17
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Kazakhstan Welcomes Cryptocurrency Miners, While China is Losing Millions
As the saying goes "one man's trash is another man's treasure", China has kicked out 90% of Bitcoin miners, but the rest of the world seems to be benefiting from the move. Kazakhstan is now reaping the benefits of crypto miners fleeing China, while Beijing continues to lose revenue and vital technology.
Benefits of Investing in Cloud Mining on the BitPowerMining Platform
Jul 21, 2021 at 08:48
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Benefits of Investing in Cloud Mining on the BitPowerMining Platform
Interested in mining but don't want to rack your brains over equipment maintenance? Expensive equipment and high electricity prices made regular home mining unprofitable. But there is a solution to this problem - investment cloud mining.
Inside China's Crypto Mining Industry Crackdown: What Exactly Makes Beijing Ban Operations?
Jun 30, 2021 at 12:24
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Inside China's Crypto Mining Industry Crackdown: What Exactly Makes Beijing Ban Operations?
Although China has cracked down on cryptocurrencies in recent years, it remains the largest bitcoin mining country in the world, with more than 65% of the total hashrate.
While Beijing Kicks Out Bitcoin Miners, Texas Welcomes Them: What's Special about the American State?
Jun 25, 2021 at 08:08
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While Beijing Kicks Out Bitcoin Miners, Texas Welcomes Them: What's Special about the American State?
China, a workshop for more than 65% of the world's bitcoin, has taken a tough stance against crypto mining and related transactions, including a total crackdown on bitcoin mining.
Cryptocurrency Mining Sector in Iran Suffers Heavily Due to the Ban on Activities, Miners Work Undercover
May 27, 2021 at 14:46
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Cryptocurrency Mining Sector in Iran Suffers Heavily Due to the Ban on Activities, Miners Work Undercover
The condition of cryptocurrency miners in Iran is continuing to worsen as the government imposes a ban on the mining activity citing high energy consumption of the operation that have been causing power outages in the country. The poor Iranians who have been depending on crypto-mining will suffer more due to the government decision to prohibit mining during hot summer months.
Province of China Hunts Down Cryptocurrency Mining Activities Following Overall Ban
May 21, 2021 at 08:46
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Province of China Hunts Down Cryptocurrency Mining Activities Following Overall Ban
The Inner Mongolia government has launched a platform that will be used by the general public to report any activity or operation related to cryptocurrency mining within the Mongolic autonomous region of the People's Republic of China.
How to Mine Without Buying a Mining Machine
Mar 18, 2021 at 08:20
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How to Mine Without Buying a Mining Machine
The cryptocurrency market has blossomed in the past few months as Bitcoin hit an all-time high of $61,000, which has in turn increased the demand to mine these digital assets. However, crypto mining remains way out of reach to most investors due to the cost of mining equipment and electricity costs.
Energy Blackouts Cause Trouble for Mining Industry in Iran; Government Hunts Down Illegal Businesses
Jan 26, 2021 at 09:27
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Energy Blackouts Cause Trouble for Mining Industry in Iran; Government Hunts Down Illegal Businesses
Following the recent blackouts in major cities, Iran has started hunting for illegal businesses that are using the government's electricity to mine bitcoin (BTC) and other cryptocurrencies. What does this mean for the Blockchain and cryptocurrency industry?
Globe Realises the Potential of Cryptocurrency Mining as Countries Forward Surplus Resources to Support the Activity
Jan 13, 2021 at 13:33
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Globe Realises the Potential of Cryptocurrency Mining as Countries Forward Surplus Resources to Support the Activity
A huge amount of profits are being generated for countries through this cryptocurrency mining. For this reason, governments are channelling their surplus resources to boost the mining business and the entire cryptoasset sector.
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