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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Iran is banning cryptocurrency mining for the second time this year in order to reduce the strain on the nation’s power grid.

by Nicholas Otieno
Dec 29, 2021

cryptocurrency

China Shuts Down Over 90% BTC Capacity, Sichuan BTC Sites Massively Offline

China intensified law enforcement against domestic Bitcoin mining activities. Bitcoin mining sites in Sichuan Province were reportedly massively disconnected by losing power supply and abilities for further BTC mining operations.

by Mervyn Kwan
Jun 21, 2021

CRYPTOCURRENCY

Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

China Shuts Down Over 90% BTC Capacity, Sichuan BTC Sites Massively Offline

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