Crypto mining sector now has a lobby in Washington

2023-8-16 12:00

DEC founder and President Tom Mapes said he sees crypto mining firms as energy companies of the future. The mining sector has been at the receiving end of several actions by the U.S. governmentThe post Crypto mining sector now has a lobby in Washington appeared first on AMBCrypto.

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Kazakhstan Plans to Pump Over $700 Million in the Crypto Mining Sector

Kazakhstan cryptocurrency mining sector might be seeing a boost with the government looking to invest over $700 million in the sector. Kazakhstan’s Crypto Mining Industry Getting Government Support According to Reuters, the Digital Development Minister of Kazakstan, Bagdat Mussin, announced the government’s interest in investing $714 million in the crypto mining sector.

2020-9-3 23:00


Bitmain Losing its Market Share as Customer Base Moves More and More Out of China: BitMEX Report

“Competition has tightened within the ASIC manufacturing industry,” stated BitMEX in its latest research report noticing the presence of big players like Bitmain, Canaan, Ebang, and MicroBT. According to the report, post halving, both the ASIC manufacturing and mining farm operating sector will consolidate further.

2020-6-17 22:22


Iran’s Ministry of Industries, Mining, and Trade Grant More Than 1,000 Crypto Miners Licenses

Iran is regulating crypto miners after a new licensing regime has been introduced by the country’s government. According to an official representative from the Iranian ICT Guild Organization (IIG), which is a body that represents Iran’s computing sector, the Ministry of Industries, Mining and Trade has given more than 1,000 licenses to crypto miners. The […]

2020-1-27 20:36


Are there any benefits of Dogecoin ‘merged mining’ in face of upcoming block halving?

The cryptocurrency market has been rife with developments and updates from almost every sector in a bid to ensure the digital asset industry goes mainstream. Binance, the Changpeng Zhao-led cryptocurrency exchange has been making news for quite some time now and the latest research from the organization touched on the latest upgrades within popular cryptocurrencies.

2019-7-14 13:00


Ripple-Partnered Bank Remains Optimistic About XRP

SBI Holdings is confident that XRP will be a successful and widely-adopted digital asset for international remittance and settlements, possibly becoming a leader of the Virtual Currencies sector. In its 2018 Fiscal Year (FY) report, published last Friday, SBI provided a financial overview of its virtual currency ecosystem, which includes Proof-of-Work (PoW) mining activities as […] The post Ripple-Partnered Bank Remains Optimistic About XRP appeared first on Crypto Briefing.

2019-4-30 20:57


Chinese draft proposal seeks to eliminate crypto-mining activity, terms it ‘undesirable and wasteful’

China is moving towards discouraging cryptocurrency mining in the region. In an all-new draft proposal, the latest industry under the scanner is cryptocurrency mining. According to the proposal by the National Development and Reform Commission [NDRC], crypto-mining is flagged as an “undesirable industry”.

2019-4-10 21:30


Newly Transitioned Bitcoin Mining Company, Riot Blockchain, Posts Over $50 Million Loss In 2018

Riot Blockchain Records $58 Million Loss For 2018 Since the bear market began, several firms across the crypto and Blockchain industry have reported significant losses. However, the section of the industry that seems to have been hit the worst in the mining sector with many firms closing down, letting go of their staff, trying to […]

2019-4-3 21:18