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“# Iran halts authorized crypto mining to save energy for winter ” Amid Iran’s energy consumption increasing during the winter, local energy authorities have decided to halt operations of authorized cryptocurrency mining centers. Mostafa Rajabi Mashhadi, chairman of the board and managing director of Iran Grid Management Company (Tavanir), announced that Iran is shutting down…
“# Argo Blockchain among most traded stocks by Fidelity customers ” Financial services company Fidelity Investments’ U.K. arm reported that over the last 12 months, customers were most interested in trading shares of crypto mining firm Argo Blockchain. In a Thursday report, Fidelity said Argo Blockchain ranked third among the top five stocks most actively…
“# Paraguay moves a step closer to regulating digital currency ” On Dec. 17, 2021, the Senate of Paraguay approved a cryptocurrency bill introduced in July. The provisions, which define several key terms including virtual assets and call for licenses to mine cryptocurrencies, will now be sent to the Deputy Chamber for further deliberation. Senator…
“# Hive Blockchain on track to mine more Bitcoin, less Ether this quarter ” Publicly traded crypto mining firm Hive Blockchain is expecting to produce 6,900 Ether (ETH) and 670 Bitcoin (BTC) for the fiscal quarter ending on Dec. 31, marking a respective drop and increase over that of the previous quarter. In a Wednesday notice…
“# Missed out on hot crypto stocks in 2021? It paid just to buy Bitcoin and Ethereum, data shows ” Bitcoin (BTC) may have fluctuated in price this year, but BTC remains a better play than the biggest crypto stocks. New data currently circulating shows that for all the growth in the industry surrounding Bitcoin,…
“# Carbon-neutral Bitcoin? New approach aims to help investors offset BTC carbon emissions ” Billion-dollar companies across the globe are betting big on Bitcoin (BTC). Recent analysis from European investment manager Nickel Digital Asset Management found that 20 publically listed companies with a market capitalization of over $1 trillion have about $9.6 billion invested in…
“# Enterprise blockchain to play a pivotal role in creating a sustainable future ” Bitcoin (BTC) is often used to criticize all blockchain-based projects. This is understandable since Bitcoin was the first project to use a blockchain, is arguably the most recognizable and is the largest cryptocurrency by market cap. In the first half of…
“# FLUX, SFP and Badger DAO surge even as Bitcoin price falls to $47K ” The year-long mantra that the crypto market would see a blow-off top in December has proven to be a dud thus far and for the last week, most cryptocurrencies have been under sell pressure and Bitcoin (BTC) is encountering difficulty…
“# ‘Mecca of mining’: Brazil considers zero tax on green bitcoin mining ” A new proposal in the Brazilian Congress calls for a tax exemption on both the importation of crypto mining rigs and on any mining conducted using renewable energy sources. A Dec. 4 report from Brazilian media outlet Seudinheiro explains that a series…
“# Ripple chair’s pay-off plan to convince BTC miners to adopt Proof of Stake ” Executive Chairman and Co-founder of Ripple Chris Larsen has unveiled his plan for Bitcoin miners to move away from Proof of Work (PoW), saying they should view it as “a net positive for their longevity.” He argues it could provide…