Bitcoin blockchain

Bitcoin Mining Landscape: Navigating Record Highs in Difficulty and Hash Rate Amidst Anticipated Halving in 2024

The Bitcoin mining difficulty level has recently surpassed 80 trillion. The mining difficulty level is an estimate of the difficulty of solving the cryptography level in the mining process. The hash rate of the Bitcoin network, which is a measure of the total computational power used by miners, has recently reached 562.81 exahashes per second…

Coins & Tokens

Ethiopia’s Bitcoin Mining Venture Sparks Controversy with Hong Kong Data Centre Partnership

There’s new speculation going around the collaboration between the Hong Kong data centre and the Ethiopian government. This collaboration is taking a turn towards Bitcoin mining and other related activities. A memorandum of understanding has been signed between Data Centre Service, a Hong Kong West data subsidiary and Ethiopian Investment Holdings. Ethiopia and West Data…

New York ceases Bitcoin mining for 2 years

In bad news for blockchain and bitcoin lovers, the New York State on Friday passed a bill to cease new permits for specific fossil fuel power plants to be utilized in Bitcoin mining. The move sets up a two-year ban on new permits for crypto mining operations that use proof-of-work (PoW) authentication methods to validate…

El Salvador aims $1 billion in tokenized Bitcoin bonds

In the beach town of Mizata, President Nayib Bukele announced to a crowd of cheering Bitcoin lovers that El Salvador plans to issue the world’s first sovereign Bitcoin bonds and create Bitcoin City, which will be free on property, income and capital gain taxes. While sharing the stage with the President, the chief strategy officer…

1100 arrested in China over crypto money laundering

A security official told that China has arrested 1100 people for using the gains from crime to purchase crypto as a part of an increasing crackdown in the industry. Bitcoin mines of China power about 80% of the worldwide trade in crypto, although dealing is banned in the country. Officials have begun to keep a…

crypto market today

Co-founder of Argo Blockchain introduces London IPO of new crypto company

A co-founder of Argo Blockchain a Bitcoin mining company is about to launch the IPO of a new crypto company. This newly introduced company will focus on decentralized finance. Dispersion Holdings will put money into the decentralized finance sector which uses blockchain technology and cryptocurrencies to remove intermediaries from financial transactions. Through joint braker together…