Blockchain Mining Completes Bitfarms Merger, Stock Jumps 49%

Israeli equity investors seem to maintain a strong appetite for exposure to the bitcoin ecosystem. The value of a public company traded on the TASE has increased by almost half after it officially completed a deal with Canadian miner Bitfarms.    Also Read: How the Government Gave Your Money to the Banks – Again and … Read more

P2P Trade Spikes in Canada Amid Bank Restrictions on Crypto Transactions

The volume of P2P bitcoin trade in Canadian dollars has increased significantly since leading banks in the country imposed bans on crypto-related transactions. Toronto-Dominion Bank, the Royal Bank of Canada, and more recently the Bank of Montreal have limited or prohibited the use of their services and products to acquire cryptocurrencies. As a result, the … Read more

Hydro-Quebec Considers Halting Mining Operations During Winter

The migration of cryptocurrency miners to hydro-power abundant Quebec has been received cautiously lately, following an initial period over-exuberance on the part of local officials. The future for Quebec’s mining industry has since encountered a number of hurdles, from the province’s ability to supply power during the dry winter season to the often overlooked environmental … Read more

Hyperblock to Acquire Cryptoglobal for $106m and Create Mining Behemoth

The cryptocurrency mining market in North America is facing a major consolidation as one of the biggest players is taking over another. The resulting combined company will be publicly traded and control over 21,000 rigs, consuming 28 MW of power and with an ability to grow to over 90 MW.    Also Read: Bitcoin Mules … Read more

Newegg Enables Cryptocurrency Payments for Canadian Customers

On March 28 the popular online electronics merchant Newegg announced its now allowing residents from Canada the ability to pay for goods using cryptocurrencies. Through its partnership with the payment processing firm Bitpay, the company feels its the right time to offer Canadian customers the ability to pay for items with the digital currencies BCH … Read more