Binance Pool launches $500 Million aid to help miners
The borrowers will have access to loans on an 18- to 24-month term, with interest rates ranging from 5% to 10%.Â
Tag crypto mining
Kazakhstan Develops the First Draft Laws on Crypto Mining
Key Takeaways: The first proposal of legislation on cryptocurrencies has been created in Kazakhstan, and it promotes the legal Bitcoin mining sector. Regarding the most recent announcement, deputy Ekaterina Smyshlyaeva released a statement. Kazakhstan just published its first proposed law…
Bitcoin Pumps After White House Releases Report on Bitcoin Energy Use
Key Takeaways Reports argue that global crypto mining emissions are greater than the emissions of many individual countries. United States crypto production represents between 0.2% and 0.3% of global greenhouse gas emissions and between 0.4% and 0.8% of domestic emissions.…
Poolin Mining Pool Suspends Withdrawals, Cites “Liquidity Issues”
Pollen to freeze its Pool Account and Poolin Wallet as payout withdrawal options for miners.Â
Crypto Farms Mining in Russian Oil Fields Hit 85 MW Capacity
Key Takeaways: 85 MW, or 23% of the market, is the energy capacity of farms used for crypto extraction in Russian Federation oil fields. Market participants report that investors are already evaluating additional 200 MW projects. Western sanctions, however, are…
