NEWS

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The Number of Bitcoin Millionaires Has More Than Doubled in the Past Year

Lately, New World Wealth and Henley & Partners jointly released a report which stated that there are currently about 172,300 people worldwide holding cryptocurrency assets worth more than one million US dollars, while this figure was 88,200 last year. Among these 172,300 millionaires, 85,400 are BTC millionaires, and the number of people in this group has […]

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Mining and Cross-Border Payments with Cryptocurrencies Legal in Russia Starting Sep. 1

Starting from September 1, 2024, Russia will officially implement a bill that allows cryptocurrency mining and the use of cryptocurrency for cross-border payments.   This marks the first time such a globally influential superpower has legalized mining and the adoption of cryptocurrency transactions. Russia will utilize its national payment card system to facilitate exchanges between

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Mt. Gox Announces Completion of Repayment to Creditors, Will BTC Stop Falling?

On August 21, 2024, Mt. Gox announced that it has completed the repayment to 19,000 creditors by returning BTC and BCH, while another 5,000 do not yet meet the conditions for repayment. This means that the repayment work of Mt. Gox is nearing its end and is currently on hold.     Ten years ago,

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$WuKong Meme Coin Soars 99999% in 24 Hours! Are You Still Mining Meme Coins?

Recently, China’s major AAA game “Black Myth: Wukong” has officially been released, with nearly 5 million copies sold worldwide and a game opening rate exceeding 96%. Within the first hour of its launch, the number of concurrent online players broke through 1 million, making it one of the most-played games on Steam upon release.  

$WuKong Meme Coin Soars 99999% in 24 Hours! Are You Still Mining Meme Coins? Read More »

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Institutional Investors are Bulking Up on BTC, Will BTC Soar Again?

On Monday, August 19th, spot Bitcoin ETF inflows reached as high as $62 million. Among them, BlackRock took the lead with $92.7 million. Institutions including Morgan Stanley continue to be optimistic about Bitcoin. According to BitcoinMagazine, 60% of the world’s top 25 hedge funds have disclosed their Bitcoin ETF holdings. Millennium Mgmt. holds 27,263 BTC,

Institutional Investors are Bulking Up on BTC, Will BTC Soar Again? Read More »

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Should Miners Turn Off BTC ASICs When the Price is Low?

Recently, miners have experienced a historic moment of ups and downs. Not only BTC miners but also almost all PoW miners and all cryptocurrency players have encountered this dark descent, with the prices of all cryptocurrencies plummeting dramatically. The fear and greed index of the cryptocurrency market shows that market sentiment is extremely panicked. However,

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In Places Where Electricity is Cheap Enough, the S19j XP is Gaining Popularity Again

On August 8, 2024, Russian President Vladimir Putin signed a law to legalize cryptocurrency mining in Russia, allowing people to mine freely under relaxed policies. Putin stated that Russia has a huge natural advantage in the field of cryptocurrency mining, and the government will seize the opportunity to develop the cryptocurrency industry.   The huge

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ALPH, which soared 860% in one year, will it be the next KAS?

In the second and third quarters of 2024, the biggest dark horse in the ASIC mining field should be ALPH, which has increased by 860% between 2023 and 2024. In April 2024, the ASIC named AL BOX, produced by GOLDSHELL, topped the profitability list and, theoretically, achieved a payback period of around 45 days, shocking

ALPH, which soared 860% in one year, will it be the next KAS? Read More »

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Is KAS Coin About to Surge Again? Leading Mining Pool Announces Zero Fees for KAS Miners!

KAS miners receive good news again! On August 5th, Binance Pool announced its support for KAS mining and launched a promotional campaign with a zero fee rate for KAS miners. KAS miners who join Binance Pool will be exempt from paying a 1% mining pool fee from August 5th to November 5th.   As soon

Is KAS Coin About to Surge Again? Leading Mining Pool Announces Zero Fees for KAS Miners! Read More »

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