CryptoMining
Crypto-mining is not only happening in China, Europe or US. Many entrepreneurs are setting very advanced farms in MENA region and in GCC in specific.
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Russia Imposes Crypto Mining Bans to Address Winter Energy Shortages
Russian authorities announced plans on Tuesday to impose crypto mining bans in several regions this winter to address electricity shortages.…
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Bitmain Refutes Allegations of Involvement in Huawei Supply Chain Probe
Bitmain, a leading cryptocurrency mining hardware manufacturer, has denied recent claims linking it to a supply chain investigation involving Huawei.…
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Brevan Howard’s Crypto Trading Flourishes in UAE’s Regulatory Environment
During the AIM Summit in Dubai on Monday, Brevan Howard, a leading global hedge fund, revealed that a significant portion…
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U.S. Bitcoin Miners Reach Record 28.9% Control of Global Hash Rate
A new report reveals that top U.S.-listed Bitcoin miners have increased their control over the global network’s hash rate, reaching…
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BHM Capital Suggests Going Long on Phoenix: MENA Crypto Mining Growth Strategy
According to a recent report by BHM Capital, Phoenix Group PLC (PHX) is poised for significant growth with an aggressive…
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Bitcoin Mining Difficulty Hits Record High Amid Rising Competition
Bitcoin mining difficulty reached a new record high, as competition among companies minting the cryptocurrency intensifies. According to data from…
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Solo Miner Hits $180K Jackpot with Bitcoin Block Win
An unknown solo Bitcoin miner defied the odds on Tuesday, earning $180,000 by mining one of Bitcoin’s latest blocks. According…
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Bitcoin Mining Transforms Wasted Renewable Energy into Value
A subsidiary of the Tokyo Electric Power Company (TEPCO) is exploring an innovative approach to reduce renewable energy waste by…
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Crypto Mining and Blockchain Networks: Powering the Future of AI
The convergence of crypto mining and artificial intelligence (AI) has emerged as a key area of innovation, blending two fields…
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IMF Urges Higher Taxes on Crypto Mining and AI to Cut Emissions
The International Monetary Fund (IMF) has raised concerns over the rising carbon emissions from crypto mining and AI data centers,…
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