What Is Cryptocurrency Trading? – An In-depth Guide for Beginners

An Intro To Trading And Investment Before starting to know about cryptocurrency we all need to know about trading. What is trading? What are the benefits of trading? And how it plays a role in the rise in financial conditions? Trading is a fundamental concept all over the world in which buying and selling factors … Read more

Everrise Brokers Review – Is It a Dependable Broker?

Everrise Brokers Review Trading platforms like Everrise Brokers strive to provide a brilliant trading experience to all kinds of traders in the realm of online trading. It is fair to say that many online trading firms are attempting to develop a trading system that will enable traders to profit. They want something spectacular for their … Read more

Supreme Capital Review – Can You Trust This Broker?

Supreme Capital Review Trader’s best friend: Supreme Capital is a reliable and efficient broker. It provides a wide range of trading options for its customers. Supreme-Capital is an open, honest, and customer-focused brokerage firm that provides traders worldwide with an ideal trading condition. Since the beginning, they have offered their clients Indices, Equities, Virtual Currencies, … Read more

Kazakhstan Gets $1.5M From Fees On Crypto Mining In Q1 2022

In recent news, the Kazakhstani government has raised $1.5M (652M Kazakhstani tenges) in Q1 2022. This revenue is from the fees it imposed on cryptocurrency miners in 2022. Despite the opposition to a tax on crypto mining in April, the country has made some revenue. The report states, “The fee depends on the amount of … Read more

Crypto Miners Use 2% Of Power Consumption In Russia

According to a government report by Russia, crypto miners use over 2% of power consumption. Hence, officials are calling for a regulation of the sector. Crypto Miners Use More Electricity Compared To Agriculture According to the latest report, miners in Russia consume more power than farmers. Currently, crypto miners use over 2% of total electricity … Read more

Paraguay Approves Regulations For Crypto Trading And Mining 

Paraguay is closer to crypto adoption after a 40:12 vote from the Chamber of Deputies. The bill will regulate the trading and mining of cryptocurrencies in the country.  The country’s Chamber of Deputies gave adopted the legislative framework. As a result, it will go to the House of Senate for approval.  Once the Senate approves … Read more

Nvidia’s Mining Card Revenue For Q2 Falls Below Expectation

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

Russian Crypto Miners Won’t Get Tax Amnesty as Lawmakers Pull Proposal

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 Unveil Fast And Energy Efficient Mining Algorithm

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 – How to Get Money Back From Crypto Mining Scams

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

Two Bit Digital Crypto Mining Partners Halt Operations Following Explosion

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

China Re-emerges As 2nd BTC Mining Hub Even After Ban On Crypto

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 Mining Release Q1 Report Amid Ongoing Debate On Coal-Powered Mining

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

United States Mining Stock Drop By 50% Despite Increase In Hashrate

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

Aggrieved Terra Investors Drag Do Kwon To Court

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

Norwegian Parliament Rejects Proposed Ban On BTC Mining

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

Crypto Miners Move To Ethereum As Difficulty Of Bitcoin Mining Hits 5%

The difficulty of mining BTC has hit an all-time high, further reducing the already slim profit margins enjoyed by Bitcoin miners. The new trend may have a devastating impact on cryptocurrency miners. BTC miners may be in for a rough ride as the price continues its downward trend. According to information provided by btc.com, a … Read more