Kazakhstan and Uzbekistan have introduced new regulations for cryptocurrency mining. The changes indicate concerns about electricity consumption destroying the technology network.
Authorities have sanctioned a cryptocurrency "tumbler" used by North Korea to launder stolen digital currencies, the first such action against a virtual currency mixer.
As Bitcoin has won millions of hearts economically and financially, policymakers and major financial institutions have continued to warn investors of the ripple effects its volatility could cause.
Bitcoin (BTC) mining is one of the most energy-intensive hobbies you can have. That's enough energy to create large-scale mining facilities for this very purpose.
Bitcoin miners took over mining profitability in the course of the month of April, with Ethereum miners generating $224 million more income than Bitcoin miners.