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Abkhazia: the crypto mining ranch in Georgia

Abkhazia: the crypto mining ranch in Georgia

Abkhazia has been a major part of Georgia throughout history and now it is also a nevralgic center for crypto mining. This region has been troubled with conflict back in the 90s which resulted in Russia illegally seizing Abkhazia. Only a slew of countries recognize Abkhazia as a sovereign state and most UN member states
just how does it influence crypto mining?

just how does it influence crypto mining?

In 2019, the world of semiconductors moved from its previous 14- and 16-nanometre production processes to TSMC’s new 7-nanometre node, with enormous repercussions for the entire IT sector, due to the possibilities offered by the new, increasingly dense and efficient chips, which are therefore able to improve the performance per watt of the various products.
Bitcoin: hefty decrease in the hashrate

Bitcoin: hefty decrease in the hashrate

In recent days there has been a heavy drop in the hashrate of Bitcoin. Until October 24th it had remained around 140 Ehash/s, but in the following days, a sudden drop took place that brought it below 100 Ehash/s. In just three days, it lost practically 28% of the total hashrate used to mine BTC. 
ATOM and also SOL defeated BTC returns over the previous 2 weeks

ATOM and also SOL defeated BTC returns over the previous 2 weeks

Altcoins often mirror the price movements of Bitcoin (BTC), the largest cryptocurrency by market capitalization. However, Cosmos (ATOM) and Solana (SOL), over the past two weeks, managed to outperform BTC.Cosmos is up nearly 15% compared to BTC over the past two weeks, Glassnode data indicates. On the other hand, SOL beat BTC by almost 8%
The mining tax obligation regulation vacuum cleaner

The mining tax obligation regulation vacuum cleaner

Mining activities are not very popular in Italy and still represent a niche sector. The tax legislation does not yet provide a clear overall picture.  What tax obligations are miners subject to in Italy?  The Italian tax system on cryptocurrency mining and trading activities This is a recurring question, because in our country, in the
The Bearish situation for Bitcoin as 2022 ends

The Bearish situation for Bitcoin as 2022 ends

Amid arguably the coldest winter in Bitcoin’s history, its price has fallen by more than 70% from its Nov. 10, 2021, all-time high of $69,044.77, while its market cap is down to $318.943 billion from the yearly high of $902.04 billion  — a 64.64% decline.Let’s take a look at some metrics that can provide more
Chinese miners hang on to bitcoin: no panic-sell

Chinese miners hang on to bitcoin: no panic-sell

The panic-sell generated by China’s new decree intensifying the ban on crypto has not yet afflicted Chinese miners, who rather than sell bitcoin, hold on to it, putting themselves in a HODL position. The new Chinese crackdown decree, already issued in 2017 but in a softer version than the current one, has also forced Chinese
UNITED STATE: where crypto mining is most lucrative

UNITED STATE: where crypto mining is most lucrative

Analyzing reports on the cost of energy in individual U.S. states, Hawaii is the state where it is less convenient to mine.  U.S. states where crypto mining costs the least Average cost to mine 1 BTC in the various US states After 2021, in which Bitcoin mining had to endure a ban by China, 2022
Metropoly Beta variation is currently online, as well as it is your possibility to watch the most effective NFT task of 2023

Metropoly Beta variation is currently online, as well as it is your possibility to watch the most effective NFT task of 2023

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Metropoly has released the beta version of its pioneering NFT marketplace backed by real-world properties to a grand reception. It features trading, auctions, mortgage, and a designated area to monitor monthly payouts made directly to your
the efficiency of AMD as well as Nvidia video clip cards

the efficiency of AMD as well as Nvidia video clip cards

Grin was often the focus of attention amongst miners in the early part of 2019, as it is one of the few cryptocurrencies that has remained immune to ASICs, or rather, equipped with a double PoW capable of compensating equally both GPU miners and ASIC miners. The cryptocurrency based on the MimbleWimble protocol, a blockchain