Russia Predicted to Emerge as the Second Global Bitcoin Mining Power
The bitcoin mining industry in Russia has the opportunity to rise and secure the second spot in bitcoin hashrate, according to GIS Mining’s Vasily Girya. Even with the recent restrictions, Girya states that the entrance...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Bitcoin Hashrate Reclaims One Zettahash As Mining Competition Rebounds
TL;DR: BlocksBridge reported Bitcoin’s seven-day hashrate above one zettahash in the week to October 22. Mining competition has re...
Bybit Wins Dubai VARA Approval For Spot Crypto Exchange Services
TL;DR: Bybit says its Dubai entity has secured a VARA virtual-asset service provider licence covering spot exchange activity; deri...
Bitcoin Is Busier Than Ever, but Bitcoin Mining Isn’t Getting Paid More
Bitcoin is processing more transactions than ever before on an annual basis, but the growing activity is doing little to improve o...
Bitcoin’s Fed Week Starts With A Fresh Rise In US Inflation Expectations
TL;DR: US household inflation expectations rose in October while consumer sentiment barely changed. The readings add context ahead...
Tether’s mining development kit gets backing from 15 mining firms
Tether's MDK initiative could revolutionize Bitcoin mining by fostering interoperability and automation, potentially reshaping ind...
Bitdeer Reports 1,355 Bitcoin Mined In September While Building AI Capacity
TL;DR: Bitdeer says its September Bitcoin production reached 1,355 BTC, highlighting the miner’s expanding hash rate alongside sep...