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Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners

Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency MinersThe Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the miners were paying before. The measure affects customers of the wholesale power market in the Tierra del Fuego province, one of the provinces more notably occupied by miners in the country due to its […]

Gold Hits New Peak; Peter Schiff Questions Bitcoin’s ‘Digital Gold’ Claim

Ukraine’s Digital Ministry Plans to Pay Employees With Digital Hryvnia in Pilot Project

Ukraine’s Digital Ministry Plans to Pay Employees With Digital Hryvnia in Pilot ProjectEmployees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of Ukraine is developing an electronic version of the Ukrainian hryvnia and the ministry is considering the option of using the state-issued coin for remuneration. Government Employees to Be Paid With […]

Gold Hits New Peak; Peter Schiff Questions Bitcoin’s ‘Digital Gold’ Claim

Cheap Power Is Creating a Bitcoin Mining Boom in Argentina

Cheap Power Is Creating a Bitcoin Mining Boom in ArgentinaArgentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government. This fact, alongside exchange controls and the possibility of selling obtained assets at a higher exchange rate than the official one, is enticing more and more individuals to enter the […]

Attention Shifting Away From Memecoins to Bitcoin, Ethereum, Solana and Cardano: Santiment