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Mining
EU Countries Must Be Ready to Block Crypto Mining, Commission Says
The European Union's executive arm also wants blockchains to show energy-efficiency labels and to end crypto tax breaks.
Bitcoin Fails to Produce 1 Block for Over an Hour
An 85-minute block interval left more than 13,000 transactions stuck in a pending state on Monday.
A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes
The situation is further disrupting the economics of a sector already hit by low crypto prices and high energy costs.
Bitcoin Miner Stronghold Digital Bolsters Balance Sheet by Cutting Costs, Slashing Debt by More Than 60%
Stronghold won't have to pay up to $25 million of profit share to Northern Data, after ending bitcoin mining rig hosting deal.
Crypto Hardware Maker Fabric Systems Raises $13M in Seed Funding
Skype co-founder Jaan Tallinn's Metaplanet was among the investors.
Sustainable Bitcoin Protocol Wants to Make Bitcoin a Climate-Positive Asset
"I don’t think there’s ever been an asset before that would drive so much capital into sustainability," co-founder Bradford Van Voorhees told CoinDesk.
Kazakhstan Legislature Pushes New Crypto Rules Forward: Report
The lower house of the country's parliament has passed five bills relating to digital assets as the government seeks to tighten its grip on crypto activity, particularly crypto mining.
Block Subsidiary Spiral, Mining Tech Firm Braiins Spearhead Push for Bitcoin Mining Upgrades
The firms are part of a working group pushing for the adoption of Stratum V2, which promises to increase the Bitcoin network's censorship resistance and decentralization.
Bitcoin Mining Difficulty Surges to All-Time High, Putting Additional Squeeze on Miners
The difficulty gauge rose 13.55% from the last adjustment roughly two weeks ago, the largest such move since May 2021.