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Crypto’s Top Exec Thinks This Key Mining Factor Will Drive Strong Bitcoin Growth

The Chief Executive Officer at leading cryptocurrency exchange Binance believes the Bitcoin halving is not priced in. Whilst reluctant to give a specific price target, Changpeng Zhao is “pretty positive” the upcoming supply shock will result in higher prices.Zhao believes that the current market is not efficient and that future

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Crypto Mining Giant Canaan Partners With Blockchain Firm Northern Data

Two major players in the global blockchain industry have signed a strategic partnership to pool together their technological and operational achievements.According to a Feb. 19 press release, Canaan Creative, the world’s second-largest Bitcoin (BTC) mining hardware manufacturer, and blockchain infrastructure firm Northern Data AG were joining forces to work

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Bitcoin Mining Unit Manufacturer MicroBT Nibbles at Bitmain’s Market Share

Bitcoin miner maker MicroBT has rapidly expanded market share by selling over half a million units in 2019, chipping away at rival Bitmain's dominance.MicroBT sold about 600,000 units of its flagship WhatsMiner M20 series last year, Vincent Zhang, sales head of the Shenzhen-based company, said in an online panel hosted

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SBI Crypto Subsidiary Partners With Northern Data on Mining Project

A subsidiary of Japanese financial services giant SBI Holdings is partnering with German tech company Northern Data AG and Texas-based data centers operator Whinstone US Inc.The partnership was revealed in a Feb. 13 announcement, detailing that Whinstone — a subsidiary of the Frankfurt-based Northern Bitcoin AG — will host

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Bitcoin’s Mining Difficulty Stagnates as Coronavirus Outbreak Delays New Equipment

After posting solid gains in January, a key measure of competition among bitcoin miners has stagnated in the past two weeks as the coronavirus outbreak disrupts economic activity in China.The slowdown in the growth of so-called mining difficulty signals that miners have had to pause upgrading equipment after the epidemic

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Crypto Mining Does Not Require Governmental Oversight, Ukrainian Regulator Says

Ukrainian authorities said that crypto mining does not require regulatory activity from governmental oversight bodies or other third-party regulations.In its manifest on virtual assets published on Feb. 7, the Ministry of Digital Transformation of Ukraine stated that mining does not require regulation by state authorities as this activity is

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Ukraine Won’t Regulate Crypto Mining, Government Ministry Says

Ukraine's Ministry of Digital Transformation has indicated it won't be creating regulations for the crypto mining sector.In a document published on Friday, the government branch responsible for the digitization of Ukraine's economy listed the main principles of the country's approach to the crypto assets.The main goals for the government in

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