Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report
Energy-intensive crypto mining is an example of a type of business not wanted in Norway, Minister for Energy Terje Aasland reportedly said.
Mining
Australian Court Hands Over $41 Million of Crypto Held by Blockchain Mining Group at Regulator’s Request
An Australian federal court agreed to a petition by markets regulator ASIC to hand over some US$41 million in digital assets invested by over 450 Australians with the mining companies to specialists from advisory and restructuring company McGrathNicol.
EU Watchdog Says Reordering Blockchain Transactions Might Be Market Abuse. Industry Says It’s Not
Maximum Extractable Value (MEV), in which crypto miners reorder transactions they validate for profit, is not inherently bad, some policy experts point out.
Bitcoin Year-End Price Target Raised to $90K at Bernstein
Bernstein boosts bitcoin year-end price target ( Hans Eiskonen/Unsplash)
Crypto Miners Still Selling Their Bitcoin as Reward Halving Looms, Blockchain Data Show
The number of bitcoin held in wallets tied to miners has dropped to the lowest since mid-2021.
Texas Blockchain Council, Riot Platforms Sue Dept. of Energy, OMB Over ‘Emergency’ Survey
The Texas Blockchain Council (TBC) and Riot Platforms, one of the largest crypto miners in the state, sued the U.S. Department of Energy for trying to collect information from many of its members, including Riot.
Bitcoin Mining and the Politicization of a Once Reputable Federal Agency
The Department of Energy’s statistics wing is feigning an “emergency” to attack legitimate U.S. businesses and score political points, Texas Blockchain Council President Lee Bratcher and Chamber of Digital Commerce CEO Perianne Boring write.
Swan Bitcoin Unveils Mining Unit as Parent Company Prepares to Go Public
The mining business aims to reach 8 EH/s mining power and already has 4.5 EH/s operational after starting the unit in the summer of 2023.
Bernstein Says Buy the Dip in Bitcoin Mining Stocks Ahead of BTC Price ‘Inflection’
The broker says it prefers outperform rated mining stocks Riot Platforms (RIOT) and CleanSpark (CLSK).
Will the Next Bitcoin Halving Be Another Hype Cycle?
Following the launch of bitcoin ETFs, market watchers are looking for the next event that could drive market prices.