Cryptocurrency Analysis and News Portal
Pi Network, a rapidly rising star in the blockchain world is close to reaching its first halving – to take place when half a million users are registered (currently at 450,000+). advertisement The project’s mission is bold – to build the world’s most inclusive peer-to-peer marketplace, fueled by Pi, the world’s most
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Authorities of Kyrgyzstan cut off power to 45 crypto mining firms as they consumed more energy than three local regions combined.Following the power cut, the head of the National Energy Holding Aitmamat Nazarov stated that the cryptocurrency mining is not defined under Kyrgyzstan law, local news agency AKIpress reported
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Cryptocurrency miners in Iran will be eligible for a tax exemption if they agree to repatriate their overseas earnings, according to Iran's National Tax Administration (INTA).Per a report by local English-lanuage news daily Financial Tribune, INTA introduced a repatriation tax exemption similar to the one it offers non-oil exporters.INTA
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Leading mining Application Specific Integrated Circuit (ASIC) producer Bitmain announced two new S17 miners in a press release shared with CryptoX.The two new mining ASICs, namely the S17e and the T17e, will both be launched on Sept. 9. The company claims that both the new models feature improvements, which
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Following a recent argument presented by David Murray, a human-trafficking expert, we can’t help but wonder if this is a regulatory scheme or an outright ban on a whole technology.In a written document delivered before a hearing on human trafficking at the Subcommittee on National Security and International Trade and
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On August 27, Credits Blockchain Platform announced the start date for the partial swap. A partial swap involves the migration of tokens from the Ethereum protocol to the Credits protocol, which will allow the company’s token holders to launch the Credits platform software and become full-scale participants of the network.The
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All-time revenue for Bitcoin (BTC) miners has topped $14 billion, according to fresh data from Coin Metrics.As Yahoo! Finance reported on Aug. 30, despite the massive increase in the network’s hash rate — a factor that depresses the profitability of mining — there’s still more money in the game
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Security Service of Ukraine (SBU), the nation’s primary law enforcement authority, has arrested several individuals for illegally mining bitcoin (BTC) and altcoins at the state’s nuclear power plant (NPP), reports RT on August 22, 2019. SBU Arrest Bitcoin Miners Per sources close to the matter, Ukraine’s SBU has nabbed some insiders conducting illegal bitcoin
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The Security Service of Ukraine (SBU) has arrested power plant operators for mining cryptocurrency in the Yuzhoukrainsk nuclear power plant facility. English-language Ukrainian news site UNIAN reported the details of the arrest on Aug. 21. According to the report, the crypto miners compromised the nuclear facility’s security via their mining
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A major power utility firm in Malaysia, Tenaga Nasional Bhd (TNB), has cried out following a huge lose it has recorded in the past months. TNB’s record shows that over $25 million was lost to Bitcoin(BTC)trade miners as of June this year.According to the report, TNB noted that some cryptocurrency
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