The U.K.-based mining firm’s announcement comes amid the country’s Financial Conduct Authority cracking down on crypto exchanges.
Read moreChinese hydropower plants on sale as crypto miners move abroad
Advertisements for small-scale hydro plants have reportedly surged on Chinese secondhand e-commerce platforms.
Read moreKey Bitcoin price indicator flashes its ‘fifth buy signal in BTC history’
The Puell Multiple just flashed a buy signal for the fifth time in BTC’s history, but its creator cautions that a plunging hashrate and China’s
Read moreCrypto miner Hut 8 plans to hold 5K Bitcoin by 2022
Hut 8 CEO Jaime Leverton said the firm was on track to mine up to 3 additional BTC per day by the end of August.
Read moreIranian trade ministry issues 30 crypto mining licenses
Tehran Province, which houses Iran’s capital, was awarded only one license to operate a crypto mining center.
Read moreBiggest ever mining difficulty drop: 5 things to watch in Bitcoin this week
Bitcoin network fundamentals reflect the mass mining migration underway this month, but BTC price action still makes gains.
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