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Tag: miners

Report: Document Shows Specific Bitcoin Miners in Xinjiang Instructed to Shut Down

June 9, 2021 wp-bot Bitcoin News

An official notice stemming from the Changji prefecture government in Xinjiang details that officials from the Zhundong Economic-Technological Development Park must instruct bitcoin miners to

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Crypto markets tumble after miners unload 5,000 BTC in one week

June 8, 2021 wp-bot Cointelegraph

With Bitcoin’s price consistently trending below its 200-day moving averages and heavy selling identified among miners, some analysts are bracing for further bearish momentum.

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Ethereum has strong fundamentals, so why are pro traders bearish on ETH?

June 3, 2021 wp-bot Cointelegraph

Ethereum price has outperformed Bitcoin by 32% since May but derivatives data shows pro traders are feeling less bullish about the top altcoin.

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Home Crypto Mining Spikes in Brazil Amid Record High Unemployment

May 31, 2021 wp-bot Bitcoin News

With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income

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Kyrgyzstan Seizes 2,000 Cryptocurrency Mining Devices

May 28, 2021 wp-bot Bitcoin News

Law enforcement authorities in Kyrgyzstan have confiscated thousands of crypto mining machines as part of a new offensive against illegal cryptocurrency mining in the country.

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Nvidia Makes $155 Million From Crypto Mining Chips in Fiscal Q1

May 27, 2021 wp-bot Bitcoin News

Graphics cards manufacturer Nvidia has earned $155 million in revenue from chips designed for cryptocurrency mining during the first fiscal quarter. The company admitted that

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