Baikal Hints at New Mining Units for CryptoNight Currencies

It has become evident that a lot can change in the world of cryptocurrency. Many people assume certain algorithms are safe from ASIC mining, but things often turn out in a surprising manner. CryptoNight currencies, for example, may soon be subject to a “mega” miner developed by Baikal. Assuming, that is, that the information disseminated on social … Read more

Bitcoin Wouldn’t Be Possible Without These Women in Tech

Every industry needs more smart and powerful women in them. Especially in the world of blockchain and cryptocurrency, the technology industry is dominated by males. Finding women active in these sectors is not all that easy, even though quite a few females made Bitcoin possible in the first place. Bitcoin Wouldn’t Be Possible Without Women Although we may never … Read more

NEM Price Aims to Reach $0.5 Once Again

Even though some people may still doubt it to be the case, the cryptocurrency markets are not out of the woods just yet. Even though we have seen multiple steep corrections this year already, there’s no reason to think things will only get better from here on out. If the NEM price is any indication, … Read more

Large Mining Farm Discovered in Abandoned Russian Factory

A large illegal facility for mining bitcoin was discovered by police in the Russian city of Orenburg. The farm has been set up on the premises of an abandoned factory. The masterminds of the crypto project have stolen electricity worth 60 million rubles. They risk years of imprisonment.    Also read: Bitmain Opens Repair Center … Read more

Dutch Finance Minister Advocates Changes to European Crypto Laws

Wopke Hoekstra, the Dutch finance minister, has issued a letter to Holland’s parliament describing the current regulatory framework pertaining to cryptocurrencies as “insufficiently equipped.” The minister advocates the development regional and international regulatory efforts in response to the burgeoning digital currency phenomenon. Also Read: Excessive Crypto Regulation Not Optimal, EU Banking Authority Says Dutch Cryptocurrency Investment … Read more

Bitmain Opens Repair Center in Russia

Leading manufacturer of crypto mining equipment Bitmain has opened a service center in Russia. Miners in the country will be able to repair their ASIC rigs locally, saving both time and money. Previously, they had to send faulty equipment back to China, dealing with customs formalities and paying costly shipping.   Also read: Ant Creek: … Read more

Excessive Crypto Regulation Not Optimal, EU Banking Authority Says

The Chairman of the European Banking Authority has spoken against excessive regulation of the crypto sector, warning it might constrain financial innovation. Outlining EBA’s position in regards to the supervision of the Fintech industry, Andrea Enria said regulators need to maintain a “measured approach”. Next week EBA will publish a roadmap, which defines a series … Read more