News
Blockstream, a Bitcoin technology company Blockstream has raised $125 million to break further into Bitcoin mining. This development comes at a time when players in the mining sector struggle to stay afloat. Mining is the way the network confirms new transactions and is a critical component of the blockchain ledger&
News
The imposed charge on the Russian state miners is attributed to their illicit utilization of electricity for cryptocurrency formation. While digital mining has turned out as a lucrative venture for diverse firms in the Russian territory, it has adversely impacted the power sector. Many residents have sought to mint currencies
Press Releases
The last Bitcoin halving took place on May 11, 2020, with the next halving set to occur sometime in 2024. But what is Bitcoin halving and how does it impact the price of bitcoin? In this guide, you will find the answer to these questions. What is Bitcoin Halving? Bitcoin
News
Bitcoin, on April 1, 2022, hit a 19 million mining milestone, leaving only 2 million coins to be mined over the next 100 years. Bitcoin was created with a circulating supply of 21 million and 12 years after the first block (comprising 50 coins) was mined, the 19millionth Bitcoin (block
Mining
Bitfarms has announced its acquisition of land in the Sherbrooke area of Canada to build a new mining facility. The company announced that this new mining facility will replace other mining facilities belonging to the company in Canada. Bitfarms will invest over $1.7M and 25,000 common share purchase
Bitcoin
The Venezuelan Army has launched a cryptocurrency mining facility as it seeks ways to generate extra income in the wake of the country's falling economy. According to a recent post by General Lenin Herrera of the Engineering Brigade, the military has inaugurated a "Digital Assets Production Center
Education & News
Mobile phone manufacturer HTC has taken another step into the cryptocurrency space, introducing power efficient Monero (XMR) coin mining directly on smartphones. The Taiwan-based company which made headlines following the launch of its blockchain mobile phone - the Exodus 1S in 2019, has introduced the new feature on the Exodus
Africa
The Democratic Republic of Congo in partnership with German blockchain firm RCS Global has launched mine-to-market solution to help fight against illegally obtained minerals in the country. According to Reuters, the Congolese government officials under the Societe Miniere de Bisunzu (SMB) mine are using blockchain technology to assure buyers of