Bitcoin Mining After the China Ban: US Dominance Is Set to Continue

Following China’s sweeping crackdown on the crypto industry, the U.S. has taken the Bitcoin mining mantle for the first time – and industry CEOs don’t see the trend stopping anytime soon. “I foresee the U.S. continuing to play a leadership role in terms of share because of the jurisdiction,” said mining firm Bit Digital’s Chief … Read moreBitcoin Mining After the China Ban: US Dominance Is Set to Continue

Moscow Not Planning to Ban Russians From Buying Crypto Abroad

Russia is not going to follow China’s course and does not plan to ban its citizens from purchasing cryptocurrency on foreign exchanges, a high-ranking government official has indicated. Russians will not be able to pay with digital coins in their own country but are free to use crypto wallets beyond its borders. Russians Can Purchase … Read moreMoscow Not Planning to Ban Russians From Buying Crypto Abroad

Another Record-Breaking Q3 for North American Miners Following China’s Ban

Like it happened in the second quarter, North American miners have seen yet another quarter of increased revenue quarter-over-quarter in the wake of China’s crypto mining ban. China used to capture the larger share of the crypto mining market – about 50-60% of the network’s hashrate. However, with the reduced competition from China following the crypto … Read moreAnother Record-Breaking Q3 for North American Miners Following China’s Ban