Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels, they claim. Bitcoin Mining Allegedly Less Green Since Miners’ Exodus From China Cryptocurrency mining has become a […]

The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an attempt to ban coins with energy-intensive mining sparked negative reactions. The lawmaker leading the legislative effort says the matter needs clarification before MEPs can have a say, but the head of the ECB has insisted […]

As each day goes by, the NFT market is growing and taking up more of the limelight. As February 2022 draws to an end, it’s a good time to check on the progress of OpenSea – but this time, from the Polygon side. New trends taking shape? OpenSea [Polygon] saw some impressive stats in January, […]

Ethereum has not had a good start to 2022. Its price has continued the bearish trend that started in November 2022 when its price jumped to almost $5,000. It is trading at $2,700, which is about 45% below its all-time high. In this article, we will look at the five key things to consider before...

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As more and more solutions are built on blockchain, its never been more important to understand exactly what the technology is

Crypto mining facilities operating in Kazakhstan have already relocated around 30% of their mining equipment elsewhere. The President of the National Association of Blockchain and Data Center Industry of Kazakhstan, Alan Dorjiyev, told Forklog about the migration. The executive noted that miners had been influenced by the persisting issues with energy supply and an expected […]

Hungarian National Bank Governor György Matolcsy said, “I perfectly agree with the proposal,” in response to Russia’s central bank initially proposing a ban on cryptocurrency trading and mining last month. He emphasized a unified EU approach for dealing with cryptocurrencies’ financial risks. “It is clear-cut that cryptocurrencies could service illegal activities and tend to build […]

Read full post Hungarian central bank’s governor calls for a complete ban on crypto. on Chaintimes.com.

The Governor of the Hungarian Central Bank, György Matolcsy, recommended that all cryptocurrency-focused activities including trading and mining should be banned across the European Union. (Read More)

Governor Matolcsy of the Central Bank of Hungary has expressed support for the idea of a crypto ban in the EU. He noted in a statement, China declared all cryptocurrency activities illegal last September (…) I perfectly agree with the proposal and also support the senior EU financial regulator’s point that the EU should ban […]

A recent report claims that America’s Bitcoin miners are increasingly finding the state of Georgia attractive as a base of operations.  According to a report by Bloomberg published on February 7, the U.S. has become the world’s top destination for crypto miners following China’s ban on crypto mining (with its energy-intensive practices). Hundreds of thousands […]

Intel has established a blockchain accelerator scheme to contribute towards the development of more sustainable blockchains and mining operations.