The mining of Bitcoin and other crypto currencies, continues to generate outstanding news. In the midst of the current Covid-19 pandemic, mining has become one of the most popular businesses in the world.
Like all booming businesses, this one is a source of important developments. In this summary, we present you with this week’s highlights in the field of Bitcoin mining.
It should be taken into consideration, that not only the most popular of the crypto currencies generates news, but also other important digital currencies like Ethereum.
These are the 5 most important news about Bitcoin mining
This is the hierarchical order of the most important news of the week about crypto-mining, including Bitcoin:
Ethereum miners‘ earnings reach a new historical record.
The impact of Bitcoin’s price will affect the mining process.
Russia evaluates taking the Cryptosoft and Ethereum mining business to zero profit.
Two miners are arrested in Malaysia for theft of $600,000.
Kazakhstan is close to reaching the target of $700 million in mining investment.
Kazakhstan and its $700 million investment in crypto coin mining
Historical revenues for Ethereum miners
According to a report by the Glassnode portal, the income of the Ethereum miners increased again. But the important thing about this event is that they reached a new historical high.
This is a total of 51,541 ETH, of which 12% comes from transaction fees. The portal also explained that the demand for this network is at its highest point since its creation in 2015.
The driving force behind this new boom in the Blockchain network of Ethereum, could be the DeFi and the overwhelming performance they have had during this year.