Crypto-Mining

Russia needs to regulate cryptocurrencies, not ban them, says the head of the financial policy department at Russia’s Ministry of Finance, Ivan Chebeskov. This comes as the Bank of Russia issued a report earlier this month calling for all crypto trading and mining to be made illegal in the country.

Jan 25, 2022

Kazakhstan crypto miners will cut their energy supply from Jan. 24 until the end of the month. A major transmission line has also been disconnected, worsening the energy problem in the country, which was once home to about one-fifth of the world's bitcoin mining at the end of August 2021. "The Hash" group reacts, discussing what this means for the global mining industry.

Jan 25, 2022

CoinDesk's Tech Managing Editor Christie Harkin and Markets Managing Editor Brad Keoun look ahead to next week in the world of bitcoin as the crypto market consolidates and global central banks propose banning the use and mining of cryptocurrencies.

Jan 21, 2022

Valkyrie Chief Investment Officer Steven McClurg discusses his reactions to Thursday's House Energy and Commerce Committee hearing on the energy use of crypto mining. Plus, thoughts on the threat of a 51% attack on Bitcoin, criticisms about proof-of-work mining, and a wider outlook for the mining industry.

Jan 21, 2022

Russia's central bank said in a report released Thursday the country must make crypto trading, mining, and usage illegal. CoinDesk reporter Anna Baydakova breaks down the implications of the report and its potential repercussions on the global crypto industry. "For the bank of Russia ... crypto is a big complication in their job, and they just want to get rid of it," Baydakova said.

Jan 20, 2022

Bitcoin miner Argo Blockchain is starting a non-mining business unit called “Argo Labs” to diversify its business and take advantage of other opportunities in the blockchain ecosystem. “The Hash” hosts discuss Argo’s “strategic diversification” and how this might be a continuing trend to take place in the mining industry.

Jan 20, 2022

China officially labels crypto mining as obsolete. Taiwanese superstar Jay Chou’s NFTs dethrone Bored Ape Yacht Club. Bitcoin briefly falls below the US$40K mark. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Jan 11, 2022

Intense protests in Kazakhstan over rising energy prices have led to a three-day-long internet shutdown, disturbing the global crypto mining industry as Chinese miners fled to the former Soviet state following the mining ban.

Jan 7, 2022

Last June, Norton launched a new feature called “Norton Crypto,” which enabled cryptocurrency mining on its LifeLock security software. Consumers are now concerned about energy consumption and difficulty disabling this function, while Norton claims it is opt-in. “The Hash” discusses Norton’s intentions with this feature as the software company will collect a 15% fee for all ETH mined and the broader issues of antivirus software.

Jan 7, 2022

Kazakhstan riots hit crypto mining. Fed rate hike signal hits crypto markets. Volatility is not necessarily a bad thing for markets. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Jan 6, 2022