Ezra Kloostra 
On Thursday, the stock price of graphics card producer, Nvidia, dropped. This was after the revenue for Q2 fell short of expectations. The company had strong revenue growth from Q4 last year to 2022. Its revenue increased by 8% to over $8.98 billion within this period. Also, the share price increased by 3%. Nvidia plans … Read more
A new draft law superseded an old bill with a 1-year tax and customs amnesty for Russian BTC miners. They revoked the tax benefit because it would have hurt the state budget. Russian Lawmakers Submit Amended Crypto Mining Regulations Without Miner Amnesty The State Duma in Russia has received yet another piece of legislation. It’s … Read more
Quantum Blockchain has introduced a new BTC mining algorithm. It will improve the energy efficiency and speed of the present crypto mining gear. As per the business, it has now moved on to live tests of BTC mining. It will use the usual version of the SHA-256 algorithm. Quantum wants to gather real-time data to … Read more
Payback Ltd Review Unfortunately, you might encounter scammers when your day-to-day undertakings. Online fraudsters are always looking for their vulnerable targets. Some internet activities scammers target are online dating, online trading, and playing casino games. The worst thing is that some fraudulent activities can leave you bankrupt or depressed. However, what can you do after … Read more
Bit Digital, a cryptocurrency mining company with its headquarters in New York, had issues with mining last week. This occurred after two of its hosting partners stopped their mining operations. Over 4,800 machines seized operations after the power outage in two locations. Explosion Destroys Two Crypto Mining Substations An “explosion and ensuing fire” caused damage … Read more
The Chinese government’s mandate to ban crypto operations seems to have been ineffective. This is coming after a recent report stated that China was part of the world’s first three largest Bitcoin mining centers. Are BTC Miners Secretly Mining In China? According to the latest news from CBEC (Cambridge Bitcoin Electricity Consumption Index), China has … Read more
Stronghold Digital Mining, situated in Pennsylvania, has recorded first-quarter sales of $28.7 million. This comes when more attention is being directed against the revival of coal plants for crypto mining operations. The company’s modified net loss for each share of $0.66 was more than the average expectation of $0.08, which meant that it significantly outperformed … Read more
The CCAF (Cambridge Center for Alternative Finance), a financial research institute connected with Cambridge University, discovered that Bitcoin’s hash rate increased by 4%, from 35% in August to 39%. US Crypto Mining Firms Record Drop In Share Value Despite this, mining companies’ share values have been falling over the last month with the falling price … Read more
There have been various events since the crash of the Terra blockchain last week. The latest is that a group of South Korean Terra holders has taken legal action against Terra founder, Do Kwon, following the Terra network crash. Kwon Faces Legal Action Over Terra Network Crash Some local media outlets have reported that those … Read more
On the 10th of May, 2022, the Norwegian parliament cast a vote rejecting a proposal to outlaw the mining of bitcoins inside the nation. Cryptocurrency miners received some welcome relief as a result of the positive development. At the beginning of March 2022, the Red Party, the communist party in Norway, made the first recommendation … Read more
