Thailand Expands $307M Crypto Mining Probe as Chinese Financiers Face Arrests
In recent developments, thailand has expanded a probe into a transnational Chinese criminal network that used illegal crypto-mining to launder over $300 million annually from online scams and gambling. Rigs…
Bitcoin mining difficulty drops 10% in 11th largest downward adjustment
In recent developments, bitcoin mining difficulty has undergone its second-largest downward difficulty adjustment this year, following February’s 11% shift. Looking closer, market participants highlight key drivers such as liquidity flows,…
The Future of Bitcoin Mining Is Bigger Than Bitcoin
In recent developments, with Bitcoin mining economics under pressure from historically low hashprice levels of mining revenue and rising network competition, AI and HPC infrastructure revenue has emerged as a…
Brazilian gang raid reveals a new crypto-crime model: turning stolen power in…
In recent developments, rio de Janeiro Civil Police launched an operation targeting a Comando Vermelho operational nucleus and found a crypto mining setup with roughly 30 computers arranged on shelves…
Bitcoin Miner Revenue Drops 9.44% Following Network Difficulty Jump
In recent developments, after approaching $40 per petahash per second (PH/s) in hashprice terms, bitcoin’s latest price decline triggered a pullback in hashprice, reducing mining profitability since May 14. Conditions…
Latam Insights: Venezuela’s Crypto Mining Ban, Tether’s $300M Lawsuit
In recent developments, welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Venezuela upholds a crypto mining…
Gustavo Petro Warns Fossil-Fueled Crypto Mining Will Trigger ‘Climate Colla…
In recent developments, colombian President Gustavo Petro stressed that the future of bitcoin mining must be ecological, as countries with abundant green energy, including Paraguay and Venezuela, are attracting investments…
7 major Bitcoin mining pools join Stratum V2, working group
In recent developments, individual miners in Bitcoin mining pools must rely on block templates provided by the mining pool operator. The development has drawn attention from traders and analysts who…
Bitcoin Mining Pool Giants Foundry, Antpool and F2pool Signal Stratum V2 Shift
In recent developments, seven of the largest names in bitcoin mining formally joined the Stratum V2 Working Group this week, signaling the clearest industry shift yet toward miner-controlled transaction selection.…
Venezuela Upholds Crypto Mining Ban as Power Demand Hits 9-Year Peak
In recent developments, the Venezuelan government reiterated a nationwide ban on cryptocurrency mining as the country faces an energy crisis, with demand rising to record levels. Authorities attributed this peak…
