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Norway’s Government Is Exploring A Crypto Mining Ban
The government of Norway is considering a temporary ban on crypto mining in the country in an effort to “free up power, network capacity and area for other purposes.” In a Friday notice, the Norwegian […]
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Effortless Bitcoin Cloud Mining for Beginners
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Norway eyes crypto mining ban amid local firms’ heavy investments in Bitcoin
Norway is reportedly planning to introduce a temporary ban on the development of new data centres linked to crypto mining, Reuters reported on June 20. According to the report, the government is expected to implement […]
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Only 30% Of Russian Crypto Miners Report To Tax Authority
Russia’s cryptocurrency laws have not convinced most mining businesses to register with authorities, as only 30% of the miners have entered the Federal Tax Service Register since late 2024. The Russian government began enforcing two […]
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France Shuns State-Backed Bitcoin Mining (That was quick!)
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10-year Bitcoin holdings grow faster than daily issuance, marking scarcity signal after 2024 halving
On-chain data shows that Bitcoin’s (BTC) “ancient supply” is increasing faster than new BTC daily issuance, according to a June 18 research by Fidelity Digital Assets. The report treats ancient supply as Bitcoins that have […]
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Bitcoin Production Cost To Rise 9% By Q2’s End
The median cost of mining a single Bitcoin is estimated to have climbed above $70,000 in the second quarter as miners navigate a rise in network hashrate and energy prices. According to a report on […]
