Toronto-based Bitcoin mining company Bitfarms reported a total revenue of $42 million, marking a 16% decline quarter-over-quarter. This decrease is attributed to the reduction in block rewards resulting from the BTC halving event…
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July 2024 saw interesting developments in the crypto mining industry. Significant legal advancements and strategic corporate developments shaped the sector. From Russia’s implementation of stringent regulations to key investments in mining infrastructure, these…
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Russian President Vladimir Putin has officially signed a law that legalizes cryptocurrency mining in Russia. According to a report by Russian news agency TASS, the law introduces several key concepts, including digital currency…
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