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Top Bitcoin Mining Firms Bitmain, Ebang, and Canaan Are Shifting Focus to the Development of AI Chips

The Bitcoin mining industry is facing an overhaul in mining equipment production as three of the top mining pools – Bitmain, Ebang, and Canaan – all aim at introducing AI chips in the future. Since the launch of Bitcoin, miners have pocketed over $14 billion in rewards, but this revenue is slowly diminishing as new, […] дальше »

2020-8-20 19:47


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Kazakhstan Proposes 15% Tax on Bitcoin Mining to Help Combat Coronavirus

Kazakhstan has proposed legislation that would see a 15% tax imposed on bitcoin mining firms. This is part of efforts to raise money to help with the fight against the coronavirus pandemic. Proposed by the country’s Ministry of Economy, the new tax plan requires bitcoin (BTC) miners to first file an application for registration with […] The post Kazakhstan Proposes 15% Tax on Bitcoin Mining to Help Combat Coronavirus appeared first on Bitcoin News. дальше »

2020-8-12 05:00


Putin Approves Cryptocurrency Bill, Stopping Russians From Using Bitcoin for Payments

On Friday, Vladimir Putin, Russia’s president, signed one of the two digital assets bills into law, Russian media outlet RIA reports. The new law was passed by Russia’s parliament, Duma, last week and states that firms can provide virtual securities on blockchain platforms provided they are well registered with the country’s central bank, Bank of […] дальше »

2020-7-31 22:04


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U.K. strengthens consumer protection laws for Bitcoin and crypto ads

Cryptocurrency firms advertising to United Kingdom citizens will be governed by legal regulations for marketing their products, as per Her’s Majesty Treasury announcement Monday Crypto ads to be scrutinized  The HM Treasury is weighing a proposal for “better” consumer protection for users of cryptocurrencies and similar products. дальше »

2020-7-22 08:00


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Grayscale has Bought More Bitcoin than has Been Mined Since Halving

Institutional interest in Bitcoin is increasing, so much so that major firms are buying up the asset at unprecedented rates. Grayscale has been aggressive on BTC acquisition since the halving. The investment firm has purchased 18,910 bitcoins over the past couple of weeks according to investor Kevin Rooke [@kerooke], who added, “Wall Street wants Bitcoin, […] The post Grayscale has Bought More Bitcoin than has Been Mined Since Halving appeared first on BeInCrypto. дальше »

2020-5-30 17:10


Bitfury Announces Bitcoin Mining Investment Program For Institutional Clients

Bitfury, one of the oldest Bitcoin mining firms established back in 2011, has announced a Bitcoin mining investment program for institutional investors on May 26th. This investment program is set to offer an innovative way for institutional funds and family offices to diversify their portfolio and get exposure to the Bitcoin verse. These institutional clients […] дальше »

2020-5-28 18:39


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Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving

About a third of Bitcoin (BTC) mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards. The third Bitcoin halving – consummated earlier today – reduced supply of the pioneering cryptocurrency, cutting the bonus paid to miners for solving mathematical puzzles that underpin the […] The post Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving appeared first on Bitcoin News. дальше »

2020-5-12 01:27


Big crypto firms are purportedly laying off staff, but others are on hiring sprees

Many tout Bitcoin and cryptocurrency for their uncorrelated natures, their ability to simply not care what the rest of the world is doing. But, this is seemingly not true; reports indicate that a number of crypto companies have begun to lay off staff or have paused their hiring processes most likely in response to the […] The post Big crypto firms are purportedly laying off staff, but others are on hiring sprees appeared first on CryptoSlate. дальше »

2020-4-5 17:26


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Huobi Launches Bitcoin Perpetual Swaps with 125x Leverage

Singapore-based Huobi is the latest crypto exchange to launch perpetual swaps. The new product is live on Huobi DM, the company’s derivative trading platform. New Product Allows Traders to Benefit from Market Volatility BitMex-like future contracts with no expiry times, commonly referred to as perpetual swaps, are becoming increasingly popular among crypto exchange firms. дальше »

2020-3-31 19:00


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Beware of This Bitcoin Company, UK Regulator Warns

The UK’s financial regulator has warned crypto investors and traders that Bitcoin Evolution isn’t authorized to operate in Britain. They’ve said that the service could be a scam. Unauthorized Firms Shouldn’t Do Business in UK, FCA Says The UK Financial Conduct Authority (FCA) accused Bitcoin Evolution, which provides a crypto trading application, of operating on the British territory without being authorized by the regulator. дальше »

2020-3-17 23:50