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“# Russian central bank proposes blanket ban on crypto mining and trading ” In a report published on Thursday, The Central Bank of Russia has called for a blanket ban on domestic cryptocurrency trading and mining. The report titled “Cryptocurrencies: trends, risks, measures” compares cryptocurrencies to a Ponzi scheme and calls for a complete ban…
“# Individual ETH miner hits jackpot with $540K block reward ” An individual Ether (ETH) miner struck it big by mining a block on their own and receiving a reward valued at about $540,000. The miner was operating through the 2miners Ethereum SOLO pool on Jan. 17 when they mined an entire block and received…
“# MXC’s 200% gain hints that LoRaWAN IOT mining projects could rally in 2022 ” Cryptocurrency mining has become a hot topic of conversation over the past couple of years due to its lucrative nature and the impact the industry has on the environment. The emergence of Web3 and the increased presence of Internet of…
“# Iran to reportedly pilot central bank digital currency soon ” The Central Bank of Iran (CBI) is reportedly planning to launch a central bank digital currency (CBDC) pilot soon. According to a report by the Iranian Labour News Agency, the CBI vice governor said that CBDCs could help the country resolv financial inconsistencies. The development…
“# Intel to reveal new energy-efficient Bitcoin mining ASIC at next ISSCC ” Reports indicate that Intel, one of the largest computer processor manufacturers, intends to reveal a new “Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC” known as Bonanza Mine at the upcoming IEEE International Solid-State Circuits Conference in February 2022. Intel submitted a patent in November 2018 outlining…
“# Former pro-crypto CoC Brian Brooks to testify in a House hearing on the energy impacts of mining ” As U.S. Congress is preparing to take a thorough look at the energy use of crypto mining, the list of witnesses for the Thursday hearing contains more proponents of blockchain technology than its outright critics. The…
“# Bitcoin miner Rhodium set for IPO, valued at $1.7 billion ” The first IPO for the crypto industry in 2022 comes from a Texas-based Bitcoin (BTC) mining company, Rhodium Enterprises. In an SEC filing made last week, Rhodium plans to offer 7.69 million shares at $12-$14 each in an initial public offering (IPO). Trading…
“# Mr. Wonderful plans to invest in mining company stocks ” Canadian businessman Kevin O’Leary laid out his plans to invest in mining company stocks. In an interview with Anthony Pompliano, Mr. Wonderful shared stories about his recent travels in the Middle East to find ways to invest in Bitcoin (BTC) mining. According to the…
“# Bitcoin hash rate jumps to ATH as Jack Dorsey confirms Block’s mining system ” Bitcoin (BTC) hash rate has returned to all-time highs despite losing a key hash rate contributor. Meanwhile, amid lackluster price action, Block CEO Jack Dorsey confirmed the creation of an open Bitcoin mining system. The BTC space continues to surprise and…
“# Bitcoin cycle is far from over and miners are in it for the long haul: Fidelity report ” Fidelity Digital Assets — the crypto wing of Fidelity Investments which has $4.2 trillion assets under management–shared their “two sats” on the future of the digital assets space. The key takeaways touched upon miners’ behavior and…