Crypto mining recovery emerges amid expectations of cheaper energy

Crypto mining companies have been amongst the most heavily hit by the collapse in Bitcoin Core (BTC) prices. But following some 18 months of challenging trading, some indicators are now showing outlook for the sector turning more positive. A report in digital assets journal Diar noted that while miner revenues had fallen to fresh lows…

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New York State Approves a Bid to Provide Cheaper Electricity to Crypto Miners

Despite worries about cryptocurrency mining — from the impact that it can have on the environment to the potential impact it can have on the rates for other local electricity consumers — the state of New York has approved a bid to provide cheaper electricity to miners. State of Crypto Mining in New York Yesterday,…

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