Bitcoin mining application-specific integrated circuit (ASIC) manufacturer Canaan has completed a pilot production run in the US and abandoned its AI hardware manufacturing efforts. In a statement sent to Cointelegraph on Monday, a Canaan representative […]
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On-chain data shows that Bitcoin’s (BTC) “ancient supply” is increasing faster than new BTC daily issuance, according to a June 18 research by Fidelity Digital Assets. The report treats ancient supply as Bitcoins that have […]
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The government of Norway is considering a temporary ban on crypto mining in the country in an effort to “free up power, network capacity and area for other purposes.” In a Friday notice, the Norwegian […]
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Norway is reportedly planning to introduce a temporary ban on the development of new data centres linked to crypto mining, Reuters reported on June 20. According to the report, the government is expected to implement […]
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Russia’s cryptocurrency laws have not convinced most mining businesses to register with authorities, as only 30% of the miners have entered the Federal Tax Service Register since late 2024. The Russian government began enforcing two […]
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