As Marathon Digital explores opportunities in Africa, it faces competition from rivals such as Core Scientific and Riot Platforms. Additionally, the company's expansion...

According to the CEO, Fred Thiel, the operation in Abu Dhabi has 2.7 exahashes online.  In November 2023, the crypto mining firm estimated...

Binance is selling one Terahash per second (Th/s) at $10.7280, split between the hash rate and electricity costs. In June 2023, Tether announced...

Cryptocurrency miners get rewards with a portion of the currency every time they contribute new entries to the Bitcoin blockchain. This is known as the block reward. Bitcoin halvings remain an integral component of the protocol. They cut the block reward by half every 210,000 blocks. Due to the dynamic character of the Bitcoin blockchain, it is difficult to predict when future halvings will occur precisely.

IMF states that crypto ownership runs to tens of billions of dollars and is concentrated at the top, with most crypto investors having...

African nations should build robust and stable economies that are less reliant on natural resources and more diverse. Potential transformation might come from investing in education research and innovation, infrastructure, improving governance, and reducing corruption. While Bitcoin could offer future advantages as a reserve currency, it is unlikely to be a realistic alternative for many African nations in the short term. Instead, African governments should concentrate on developing robust and stable economies less exposed to external shocks while remaining resilient to global market challenges.

The white house published the Digital Asset Mining Energy (DAME) excise tax, dealing a significant blow to miners in the US. Mining involves...

An efficient crypto mining industry can generate more employment opportunities in Africa as demand for miners, blockchain experts, and technology specialists increases. This incentivizes countries to improve their energy and technological infrastructure to accommodate crypto operations. Such improvements can significantly benefit other industries and economic well-being. African countries must seize the opportunity to become a crypto mining hub. This can help develop the digital economy, the financial standing of the citizens, and the energy production infrastructure. Accordingly, African governments can invest in cryptocurrencies and get alternative funding to develop renewable and alternative energy sources.

16 per cent of crypto users have fallen prey to crypto mining scams Cryptocurrency mining scams work by promising investors high returns on...

Unlike the PoS mechanism used by the Merge, PoW has a simple cut-and-dry policy; network members had to expend effort solving an arbitrary...

Mike Edwards and Peter wall founded Argo Blockchain in 2018 to provide the necessary support and facilities that crypto miners needed to generate...

Cryptojacking is the unauthorized access and use of someone else's computer to mine cryptocurrency Hackers can perform crypto jacking in two basic steps;...

One Bitcoin transaction uses 1449 kWh, roughly enough to power the average African Household for approximately 100 days The European Commission suggested adjustments...

Digital currencies have a habit of instantly dropping, causing shockwaves throughout the market The UNCATD, United Nations Conference on Trade and Development, recently...

The cryptocurrency transaction validation procedure structure and design make it consumes a lot of energy with considerable environmental impacts. Mining is one way of...