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You Searched For "cryptocurrency mining" and got 20 results


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The US has sanctioned crypto-mining firm Bitriver to prevent Russia from bypassing energy export bans

The US Treasury said that Russia's advantage in energy resources and having a cold climate make its…

Weilun Soon   


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Bitcoin mining rigs are becoming more powerful despite environmental concerns

Mining hardware makers are raising the hash rates on their machines significantly. Hash rates show …

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1 min read

Cryptocurrency-mining stocks could continue to outperform bitcoin amid a 'modern-age gold rush,' Fundstrat says

Riot Blockchain has gained roughly 8,000% over a year, compared with bitcoin's 525% rise. Fundstrat…

Emily Graffeo   


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Exxon is trying out a program that will use leftover natural gas to power bitcoin mining

The largest US oil producer began a pilot program in January 2021 that uses excess natural gas to p…

Phil Rosen   


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Asset manager Fidelity is planning to launch two ETFs to track the metaverse and the cryptocurrency sector, according to SEC filings

Fidelity filed with the SEC and set out key information on the Fidelity Crypto Industry and Digital…

Hamza Fareed Malik   


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Iran is ordering crypto-mining centers to shut down for the 2nd time this year to prevent blackouts

Iran is ordering authorized crypto-mining centers to shut down to prevent blackouts. Bloomberg was …

Isabelle Lee   


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Cryptocurrencies tumble as China continues its crackdown against mining

The Chinese government is ramping up its crackdown on cryptocurrency. Authorities have called cry…

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A bitcoin miner was jailed in England for stealing $44,000 of electricity to run his operation

A 40-year-old man reportedly stole electricity from a nightclub and an industrial site in England t…

Carla Mozée   


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Bitcoin miners in Iran get the green light to resume operations after a four month hiatus — but it could just be temporary

However, the future remains uncertain of these miners being able to stay online with the ons…

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China's crypto crackdown is shaking markets, but it's been trying to rein in the sector for years. Here's a timeline of Beijing's regulatory sweep.

China's hostility towards crypto stretches back to 2013, when the country banned banks from handlin…

Matthew Fox   


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US stocks erase early gains, close lower as inflation data spurs questions about the Fed's next move

US stocks erased earlier gains Tuesday even after key inflation data revealed prices rose less than…

Emily Graffeo   


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4 mins read

Crypto mining rigs selling with a ‘vengeance’ in Vietnam despite regulatory gray zones

Back in 2017, the country imported more than 7,000 rigs. Ironically, most of the rigs …

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3 mins read

China's crackdown on crypto slashed competition for North American bitcoin miners - and earnings are soaring to record highs as a result

Earnings reveal that non-Chinese mining firms produced more bitcoin in the second quarter amid Chin…

Emily Graffeo   


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Digital token identifiers want to set the benchmark for cryptocurrencies — but the picture is far from complete

How successful this endeavour will be, however, is a different story and entirely uncertain. …

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Axie Infinity players in the Philippines may have to start paying tax on trading ‘pets’

Axie Infinity, a game where players can trade, train and battle their ‘pets’ — and earn some money …

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4 mins read

After Ethereum, Cardano is set to get an update — and here's how that will change things for the cryptocurrency

Ethereum, the world’s second largest cryptocurrency by value, is in the midst of its transitio…

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2 mins read

Chinese crypto addresses have sent over $2 billion to scammers in the last 2 years, report says

Transactions, however, have since fallen due to the absence of large-scale Ponzi schemes like the P…

Isabelle Lee   


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China’s crackdown on cryptocurrency trading will continue as its central bank raises the heat on financial institutions

Coming from the State Council's Financial Stability Committee, China's highest level financial…

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Western governments need to stop dismissing the crypto revolution as speculative and criminal, Mohamed El-Erian says

Famous economist Mohamed El-Erian said western countries risk losing out to China if they don't sta…

Harry Robertson   


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Bitcoin mining stocks surge as the cryptocurrency rallies towards $40,000

Mining stocks tend to move in the same direction as bitcoin, though many have outperformed the cryp…

Emily Graffeo