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Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike

Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike

news Authorities in Iran have seized roughly 1,000 bitcoin mining machines from two abandoned factories, according to RadioFreeEurope. Following the June 27 action, a spokesman for the Energy Ministry said cryptocurrency mining operations were destabilizing the power grid and affecting electrical access for households and businesses. He warned that the government will continue to pursue…
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Price Analysis 28/06: BTC, ETH, XRP, BCH, LTC,  EOS, BNB, BSV, ADA, TRX

Price Analysis 28/06: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, ADA, TRX

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.When an asset class jumps 275% within a span of six months,…
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Coinbase Releases Key Findings On Crypto Awareness And Adoption In US

Coinbase Releases Key Findings on Crypto Awareness and Adoption in US

Major American cryptocurrency exchange Coinbase released key findings about awareness and adoption trends related to digital currency in the United States in a blog post published on June 28.Coinbase’s survey that spans the past year and 2,000 participants revealed that cryptocurrency awareness in the U.S. has continued growing, with 58% of Americans having heard about…
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Golem Execs Depart To Pursue ‘Riskier’ Research With New Non-Profit

Golem Execs Depart to Pursue ‘Riskier’ Research With New Non-Profit

news Executives from multi-million dollar startup Golem Factory are launching a new non-profit initiative called the Golem Foundation to pursue more ambitious research and development opportunities. As stated in a June 28 blog post by Julian Zawistowski, CEO of the Golem Factory, the aim of the Foundation is to “strive for new – perhaps innovative…
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Iranian Authorities Confiscate 1,000 Bitcoin Mining Machines

Iranian Authorities Confiscate 1,000 Bitcoin Mining Machines

Authorities in Iran have confiscated about 1,000 units of bitcoin (BTC) mining machines from two now-defunct factories, BBC reported on June 28As reported, local authorities noticed a surge in electricity consumption by 7% earlier in June and linked it to cryptocurrency mining activities. Officials subsequently discovered and removed the mining hardware from two former factories. Arash…
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