Since the crypto mining ban in China in 2021, the US has become one of the largest mining hubs for Bitcoin miners. However, regulatory agencies have tightened their measures to increase their oversight over the industry. Last month, one of the US Government agencies issued an emergency approval for the “EIA-862, Cryptocurrency Mining Facilities Report.” […]
On-chain data shows the Bitcoin mining difficulty is heading towards its sixth consecutive increase, which would be a new record for 2023. Bitcoin Mining Difficulty Estimated To See Almost 4% Rise This Weekend The Bitcoin “difficulty” refers to a feature on the blockchain that controls how hard the miners would find it to mine blocks […]