Mining

Kazakhstan Welcomes Cryptocurrency Miners, While China is Losing Millions
Jul 22, 2021 at 12:17
News
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
News
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.
Limitations Imposed by the Central Bank of Belarus Could Drive Users to Cryptocurrency
Jul 19, 2021 at 12:39
News
Limitations Imposed by the Central Bank of Belarus Could Drive Users to Cryptocurrency
Belarus Central Bank is imposing new restrictions on foreign currency transactions in response to EU sanctions. Such a move could create complications for citizens and push them to seek alternatives such as cryptocurrencies.
Weekly Price Analysis: Global Crypto Market Cap Shrinks by 14% in 7D
Jul 18, 2021 at 10:52
News
Weekly Price Analysis: Global Crypto Market Cap Shrinks by 14% in 7D
The global market cap of cryptocurrencies is $1.27T, down 14% in 7 days. This was one of the worst trading periods in the cryptoasset market since May 23.
1 Reason Why China is Actually Doing Cryptocurrency Investors a Favour by Banning Mining Operations
Jul 01, 2021 at 10:33
News
1 Reason Why China is Actually Doing Cryptocurrency Investors a Favour by Banning Mining Operations
There is an opinion that the Chinese ban is actually good for the bitcoin price in the long run. The ongoing crackdown on bitcoin mining and trading could boost bitcoin and other cryptocurrencies in the future.
Inside China's Crypto Mining Industry Crackdown: What Exactly Makes Beijing Ban Operations?
Jun 30, 2021 at 12:24
News
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.
Crackdown on Cryptocurrency Mining Makes Top 50 Coins Trade in Red
Jun 28, 2021 at 10:30
News
Crackdown on Cryptocurrency Mining Makes Top 50 Coins Trade in Red
For the first time in 2021, all of the top 50 cryptocurrencies are trading in the red as both their 24-hour and 7-day prices are in negative territory.
While Beijing Kicks Out Bitcoin Miners, Texas Welcomes Them: What's Special about the American State?
Jun 25, 2021 at 08:08
News
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.
Falling from Grace: Iran Changed its Stance on Cryptocurrency Mining and Began Hunting Miners
Jun 24, 2021 at 11:22
News
Falling from Grace: Iran Changed its Stance on Cryptocurrency Mining and Began Hunting Miners
Iran has long been known as a crypto-friendly nation, but in the recent past it has changed its view towards this emerging industry. Currently, authorities in Iran are in the process of arresting bitcoin and cryptocurrency miners on a large scale. The move is a threat to the entire cryptocurrency industry as it cripples its planned growth.
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