Crypto Miners Sell Largest Volume of BTC in 6 Years
Mining companies have been selling cryptocurrencies at an aggressive pace this year.
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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.
Bitcoin Mining Difficulty Hits a New Record
The difficulty of mining BTC has increased by 3.44%, to a new high at around 36.84 T.