Tag Archives for " Mining "

Bulgarian Tax Authority to Inspect Crypto Exchanges and Traders

Taxes The National Revenue Agency of Bulgaria is preparing to conduct inspections on cryptocurrency trading platforms and their customers. The authority wants to make sure that both are fulfilling their obligations under the country’s tax and social security laws. Also read: Denmark’s Tax Agency to Collect Information About Bitcoin Traders Nine Crypto Companies Subjected to […]

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Mongolia’s Cheap Electricity Draws Japanese Bitcoin Miners Seeking Profit

Mining A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to Mongolia, a country sandwiched between China to the south and Russia to the north. Amid falling mining revenues in other regions of the world due to the current crypto bear market, companies that have […]

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Bitcoin Cash Transaction Fees Were Less Than a Cent Throughout Most of 2018

Blockchain One of the great benefits of the Bitcoin Cash (BCH) network is that miner fees have been consistently inexpensive for well over a year. A typical BCH network fee in 2018 has been lower than most blockchain networks and the median average each day has not surpassed a U.S. penny in 10 months. Also […]

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Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018

Economy & Regulation In the last few years, the cryptocurrency environment has changed drastically and there is a bunch of new cryptocurrency hotspots popping up across the globe. Gone are the days when certain territories such as Zug, Prague, and other blockchain hub cities dominated the headlines. Now a variety of different regions like Malta, […]

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‘Ethereum 2.0’ PoS Blockchain Aims to Cut Energy Use by 99%

Ethereum not only hopes to maintain its position as one of the world’s largest cryptocurrencies but also to achieve supremacy by becoming more energy efficient. Ethereum leadership plans to accomplish this objective by minimizing blockchain energy consumption by 99 percent. ‘Ethereum 2.0’ PoS Blockchain Being Built From Scratch Vitalik Buterin, inventor and co-founder of Ethereum, […]

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Russian Bitcoin Mining Granny Bullish on Industry Future as Commercial Producers are Doubtful

Mining A residential block of red bricks stretches unambitiously under the freezing sky of Irkutsk, in the Russian province of Siberia. Inside, a series of small bitcoin mining machines are running on cheap electricity, as grandmother Valeriya’s family of domestic miners, a bullish bunch, stack up a potential fortune for the future. Also read: Skeptical Payoneer […]

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Looking to 2019: What Will Bring About The Next Crypto Bull?

2018 is nearly finished and investors are cautiously optomisti about crypto’s prospects in 2019. While it’s great to think positive, what will it really take to turn the market around in 2019? 2018 was a Nightmare As the end of 2018 approaches, there will be a steady barrage of articles writing 2018 off as a fluke correction year […]

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Bitmain Fires Entire Bitcoin Cash Development Team: Report

Things appear to be far from well with Bitcoin Mining firm Bitmain as several reports indicate another round of employee layoffs at the firm. This news follows reports that the company’s IPO is also dead in the water after rumors of Q3 losses running into over $700 million. Bitmain on Firing Spree According to Blockstream […]

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Cryptocurrency Mining Could Crash The Entire Power Grid Of Abkhazia

The tiny Republic of Abkhazia has high hopes that cryptocurrency mining and operations could be its solution to economic woes. But the rickety ex-Soviet electricity network is already at capacity, leaving risks of blackouts if a cold snap hits. The Republic Of Where Now? Abkhazia is a de facto republic on the eastern coast of the […]

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