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BUSINESS

Implications for Bitcoin Now That 85 Percent of Supply Has Been Mined

8Btc -
Over 17,850,575 bitcoin have been mined and 85 percent of the top cryptocurrency’s expected total supply is already in circulation. So what?
BUSINESS

Russian Miner Importer Under Investigation for Dodging Import Fees

Jimmy Aki -
An importer of cryptocurrency mining gear is reportedly under investigation for dodging $1.2 million in Russian customs fees.
MARKETS

Chinese Miner Manufacturer Canaan Files IPO With $200 Million Goal

8Btc -
Canaan Creative, a major Chinese bitcoin miner manufacturer, has reportedly filed an IPO application with the U.S. SEC.
BUSINESS

Iran Moves Forward With Tariffs Against Crypto Mining

Landon Manning -
After much deliberation, the Economic Commission of the Islamic Republic of Iran has submitted restrictions on energy costs for crypto miners.
MARKETS

Op Ed: Why Bitcoin Is Still the Most Valuable Cryptocurrency

Cole Walton -
Bitcoin remains the most valuable cryptocurrency because of three essential factors: elegant design, the solving of a real problem and resilience.
BUSINESS

Bitcoin Mining May Come Back to Iran — If Officials Can Agree

Aaron van Wirdum -
The government in Iran is reportedly moving to authorize bitcoin mining but seems divided on the topic.
BUSINESS

13 Arrested for Stealing $3 Million of Electricity to Mine BTC in China

8Btc -
The power authority of Zhenjiang noticed an unusual spike in electricity consumption and abnormal line loss in some factories, and reported them to the local police.
BUSINESS

Facing Energy Shortage, Iranian Bitcoin Miners Relocate to Mosques

Jimmy Aki -
Cryptocurrency miners in Iran have seemingly moved their operations to religious centers, which receive free energy in the country.
BUSINESS

Iranian Bitcoin Mining Crackdown, Over 1,000 Devices Seized

Landon Manning -
The Iranian government has reportedly seized over 1,000 bitcoin miners as it works to curb the industry’s use of subsidized energy.
BUSINESS

Bitmain Sues Former Employees for Rival Mining Pool

Ipecdunmanintern -
Mining pool operators Bitmain and Poolin are locked in a legal battle over noncompete agreements.
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