Mining News
Under-the-Radar DeFi Altcoin Surges by 22% on Friday Amid the Rollout of New Mining Rewards
The native altcoin for a decentralized finance (DeFi) ecosystem built on the Tron (TRX) blockchain surged by over 22% in one day amid the ro...
Leased proof-of-stake (LPoS), explained
Understanding leased proof-of-stake LPoS is a type of PoS meant to increase mining power, address inherent issues found in PoW, and improve ...
Crypto Biz: Kraken offers stock trading as exchanges adapt to changing regulations
Cryptocurrency exchanges are adopting alternative strategies to conduct business in the face of tighter crypto regulatory environments world...
Crypto Mining Blamed for Record UK Electricity Theft
Reports claim electricity theft has increased by over 75% since 2012 in the United Kingdom. Crypto mining, cannabis farms, and high cost of ...
Bitcoin Miner Selling Pressure Mounts as Hash Rate Peaks
Bitcoin miners are coming under increasing pressure to offload some of their BTC, which could put more downward pressure on prices. The move...
Bitcoin Ordinals Boosting Miner Revenue, But Halving Will Hurt
Bitcoin ordinals and inscriptions have been a significant buyer of block space this year. Moreover, they have made a positive impact on mine...
Bitcoin Censorship? BlackRock and Big Institutions Could Take Over BTC Mining Ecosystem, Warns Bloomberg Analyst
Bloomberg crypto market analyst Jamie Coutts says that Bitcoin (BTC) may be at risk of being taken over by the powerhouses of the legacy fin...
Litecoin (LTC) Price Could Break Above $80 if This Happens
Litecoin’s (LTC) price struggles to break above the $65 resistance following its 12% rebound from the two-year low of $58 in mid-September...
Bitcoin Mining Rigs Uncovered in Venezuelan Prison ‘Gang Headquarters’
Venezuelan authorities unearthed a Bitcoin mining rig during a raid at the infamous Tocorón prison in Aragua state. Known as a stronghold f...
Police Seize Bitcoin Mining Machines in Venezuelan Prison Bust
Among rocket launchers, grenades and bullets, Venezuelan authorities also seized an unlikely technology from criminals during a prison raid ...
Bitcoin Miners Offload $90M in BTC Post-Fed Meeting – What’s Next for the Price?
Bitcoin’s (BTC) price hit a new monthly peak of $27,500 on September 19 after the US Federal Reserve officially announced a rate pause. On...
Bitmain Throws Bankrupt Core Scientific Bitcoin Miner $54M Supply Contract Bone
Bitmain, the world’s premier digital currency mining servers manufacturer, is set to invest a whopping $53.9 million in Core Scientific, a...