Mining

Not long ago, Live Bitcoin News discussed two siblings – 14-year-old Ishaan Thakur and his nine-year-old sister Aanya – and how they began their own cryptocurrency mining business. They started out earning only about three dollars on a single day, but eventually, things rose to such prominence that they began earning $30,000 per month and even established their own cryptocurrency. Two Siblings Started a Mining Business That Continues to Expand Today, since opening their...

One of the largest Bitcoin mining companies in the States – Marathon Digital – plans to raise $500 million through the issuance of senior convertible notes. The firm wants to use the proceeds to buy bitcoin and BTC mining machines. Founded over a decade ago, Marathon Digital Holdings is among the largest publicly-traded BTC mining companies. The firm’s announcement from earlier on November 15th outlined its plans to “offer, subject to market and other conditions, $500,000,000...

Cryptocurrency mining and environmentalism did not usually go hand in hand in conversations about the development of the blockchain industry, but one tweet from Tesla CEO Elon Musk was enough for the crypto community to start worrying about what Bitcoin and Proof-of-work miners are doing to the planet. An investigation by Forexsuggest studied several cryptocurrencies and measured how polluting they are, calculating the estimated carbon emissions and the amount of resources...

The African country of Zimbabwe is allegedly the next nation looking to make crypto legal tender. Regulators have released a statement claiming that they are examining the prospects of allowing bitcoin and its altcoin cousins to be used as forms of payment for goods and services. Zimbabwe Is Looking at BTC as a Currency Clearly, the nation is taking a page out of El Salvador’s book. The Central American region became the first country in the world two months ago to...

[PRESS RELEASE – Singapore, Singapore, 10th November 2021] Singapore, November 10th, 2021 — izumi Finance, a protocol providing liquidity as a service on Uniswap V3, has raised a total of $2.1M from a number of DeFi and crypto investors. The round was led by Mirana Ventures, with Everest Ventures Group, Youbi Capital, LucidBlue Ventures, Puzzle Ventures, WolfEdge, ICG, Adaptive Lab, Nothing Research, and Tess Ventures backing the startup in its fundraising efforts. The izumi...

The Ministry of Economic Development, the Ministry of Energy, and the State Duma want cryptocurrency mining in Russia to be a legalized business regulated as an entrepreneurial activity. However, the country’s central bank opposed such a move, citing the risks related to digital asset endeavors. Russian Crypto Mining Deserves “Respect And Regulation” According to a local report by Izvestia, some Russian authorities believe cryptocurrency mining needs to have a comprehensive...

With DeFi becoming the hot topic in the crypto space, people are finding attractive investment opportunities promising hefty returns. From crypto mining to yield farming, there is immense scope for increasing one’s crypto assets. Yield farming is being recognized as a great way of constantly generating income by depositing crypto assets in Binance Smart Contracts. BNBMatrix is on a mission to become one of the most profitable yielding farm Dapps on Binance Smart Chain....

Dans un communiqué conjoint, l’Autorité suédoise de surveillance financière et l’Agence suédoise de protection de l’environnement avaient annoncé, samedi dernier, leur volonté de prendre des mesures pour mettre fin à l’installation continue de mineurs de cryptomonnaies en Suède, y compris lorsqu’ils exploitent des énergies renouvelables. Les deux autorités avaient, par ailleurs, demandé à l’Union...

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The government of Kazakhstan reportedly plans to put local companies working with digital assets under its regulatory scope. According to a proposed bill, those entities will have to give detailed information about their crypto operations to the country’s financial watchdogs to prove they have no connections to money-laundering schemes. Kazakhstan May Tighten Its Crypto Rules As reported by the local media Sputnik, the National Parliament of Kazakhstan passed a bill to make...