Cryptocurrency Analysis and News Portal
In fact, many miners who were using abundant hydro power in the Yunnan or Sichuan provinces moved to Kazakhstan, which has a highly fossil-fueled power grid. Today, the U.S. composes roughly 30-40% of global Bitcoin mining (the best data we have comes from Cambridge University, but it’s somewhat dated and
Read More
During the winter storm in Texas in December 2022, Bitcoin (BTC) mining operators returned up to 1,500 megawatts of energy to the distressed local grid. It became possible due to the flexibility of mining operations and the ancillary services, provided by the state authorities. In his commentary to Satoshi Action Fund,
Read More
A new report shows that 65% of the 1,450 Web3
Read More
The White House published six reports and a framework. Here’s what they said. Source
Read More
By the end of last week, the federal agencies presented the results of their six-month-long work on the principal directions for digital assets regulation in the United States. The resulting first-ever crypto framework, published on the White House website, may not contain many surprises or exact details, but, as a
Read More
Members of the crypto space and advocacy groups reacted to United States President Joe Biden’s administration releasing a regulatory framework on digital assets, with many suggesting the White House focused on the potential negative aspects of crypto.In a Friday announcement, the White House said that federal agencies and departments had
Read More
"If it's true that the bill isn't moving to markup, we're glad committee leadership has decided not to move forward with what likely would have been a problematic proposal,” said Mark Hays, a policy analyst for Americans for Financial Reform, who advocates a “slower, more deliberate approach” and says there
Read More
In a press release on Tuesday, a16z general partner Andrew Chen cited remote work, the rise of Gen Z and trends in startup fundraising as factors propelling Launch House into "the third space for the new distributed Silicon Valley," alongside long-standing institutions such as universities and incubator programs. Source
Read More
Russian citizens reportedly own 16.5 trillion rubles ($214 billion) worth of cryptocurrencies, according to government estimates.A Bloomberg report noted that Russians own about 12% of the total global crypto holdings. The crypto holdings estimates were calculated by analyzing IP addresses of some of the most significant crypto exchange users in the
Read More
An Axie Infinity player from the Philippines bought two houses with his earnings from the popular crypto-powered play-to-earn game. Earlier this month, 22-year-old John Aaron Ramos, who plays under the pseudonym “Magnus TV,” took to social media to announce that he had purchased two houses in the Philippines from profits
Read More