• At the start of 2022, the countries’ Bitcoin hashrate distribution is Recorded

    At the start of 2022, the countries’ Bitcoin hashrate distribution is Recorded0

    Russia ranked third in the world in terms of mined Bitcoin in 2021, behind Kazakhstan and the United States, according to specialists from the University of Cambridge in the United Kingdom. It’s worth noting that none of them made the top three in 2020. Everything happened after the Chinese government outlawed cryptocurrency mining in the

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  • Governor Greg Abbott of Texas extends a warm welcome to bitcoin miners

    Governor Greg Abbott of Texas extends a warm welcome to bitcoin miners0

    Governor Greg Abbott of Texas is welcome Bitcoin miners to his state, stating that the emerging digital asset mining business would assist to stabilize the state’s electrical infrastructure, which is struggling to keep up with demand. Governor Abbott, along with numerous other notable Texas officials, including Senator Ted Cruz and Austin Mayor Steve Adler, are

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  • China has declared cryptocurrency mining to be ‘obsolete.’

    China has declared cryptocurrency mining to be ‘obsolete.’0

    China’s top economic planning body has declared crypto mining “obsolete,” reiterating the government’s attempts to completely eliminate the industry. The designation was announced by the National Development and Reform Commission on Monday. That’s, as part of an update to a 2019 policy document that outlined how the country will transition its economy to one that

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