Binance Launches a Cloud Service to Mine BTC
Binance Pool has launched Cloud Mining, which will allow users to purchase hashrate and mine Bitcoin in the cloud.
Crypto Miners Sell Largest Volume of BTC in 6 Years
Mining companies have been selling cryptocurrencies at an aggressive pace this year.
Russia May Legalize Cryptocurrency Mining Next Year
Russia’s Parliament received a new draft law on the regulation of the mining industry last week.
The Quarterly Earnings of Miner Maker Canaan Fell by 90% in Q3
Bitcoin miner maker Canaan posted a net profit of $8.6 million in the third quarter, which is 90% less than in the previous period.
Iris Energy Receives $103M Default Notice
Mining company Iris Energy has notified the US Securities and Exchange Commission (SEC) that two of its divisions received default notices on a total debt of $103 million.
Miner Compute North Sells $5M in Assets to Former Lender
Generate Capital has recently acquired two data centers of provider of infrastructure solutions for cloud mining Compute North for $5 million.
Moldova Bans Crypto Mining Due to Energy Crisis
The Commission for Emergency Situations of Moldova has recently introduced a number of measures to save electricity during the crisis and one of them affects the cryptocurrency mining industry.
