Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop
The Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power.
Bitcoin miners sold their entire May harvest: report
Bitcoin miners are finding it extremely hard to continue their operation as the cost of production has exceeded the profit.
Iranian government to cut power supply for the country’s legal crypto mining rigs
For years, the country has heavily subsidized its electricity production leading to extremely low prices. It claims that this has now become unsustainable.
Marathon Digital keeps on mining despite BTC price slump
Earlier this month, Marathon said it has been accumulating or “hodling” its Bitcoin since October 2020. As of June 1, 2022, the firm held approximately 9,941 BTC.
From games to piggy banks: Educating the Bitcoin ‘minors’ of the future
The tools, toys and games available to teach kids about sound money and the Bitcoin network — after all, they’re the ones who will use it.
US lawmakers urge EPA to consider the potential benefits of crypto mining
“Digital assets, and their related mining activities, are essential to the economic future of the United States,” said the group of 14 lawmakers.
Russia seems to be preparing to mine Bitcoin with flare gas
One of the world’s largest producers of carbon emissions, the Russian gas giant Gazprom aims to reduce its carbon footprint by providing its flare gas for Bitcoin mining.
Resistance is futile! 3 reasons why Bitcoin mining will never go away
Numerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done.
Kazakhstan to let crypto exchanges open bank accounts
Exchange platforms will get an opportunity to operate legally in Astana international finance center in 2022.
The crypto industry must do more to promote encryption, says Meltem Demirors
Meltem Demirors sat down with Cointelegraph to express why the industry needs to focus on privacy and freedom when it comes to regulations.
