Under constant threat, Chinese operators secretly carry out mining activities

Chinese miners are secretly continuing their underground operations despite the nationwide clampdown on Bitcoin [BTC] mining rigs by the country’s authorities back in May 2021. As per estimates, nearly 20% of miners stayed back during the mass exodus whereby they kept working under the government’s radar through a combination of grid electricity, hydro-power, and internet […]

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Crypto became “Officially Legal” in Texas this month

Takeaways– Texas amends state code to recognize crypto Allows framework for institutional adoption Sets a precedent for other states to follow suit Miners flooding into small Texas towns Texas, Florida and Wyoming are all jockeying for position to become the most crypto friendly state in the Union. And this month, Texas will officially recognize cryptocurrency […]

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Hashrate Follows Price: Bitcoin Hashrate Jumps 92% in 2 Months, Difficulty Expected to Increase in 4 Days

Bitcoin prices have improved a great deal in recent times and the network’s hashrate remains higher than it was 67 days ago when it tapped a low of 69 exahash on June 28. Today, statistics show Bitcoin’s hashrate has increased more than 92% since then and the network is due for another increased difficulty change… More

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