BRICS starts Bitcoin mining – What does this even mean?

Coin Metrics: Bitcoin mining status in Q2 2024

Since the Bitcoin halving in April, mining profits have come under pressure due to stagnant Bitcoin prices and a sluggish fee market.

New commitments: Could BRICS be the reason behind Saudi Arabia’s Petrodollar exit

Following the Saudi Arabia’s exit from the petrodollar deal, one would wonder what would propel Saudi Arabia to exit this deal after such a long time. Could it be a coincidence that this exit also happen to clash with Saudi Arabia’s new membership with BRICS. What then would this mean for the future of the US dollar?

Serbia Eyes BRICS Membership Amidst Economic Forecasts

Serbia may join BRICS, diversifying the alliance. Its economy is forecasted to grow, but structural reforms are needed. BRICS aims to reshape global trade.

Russia's Bold Move: BRICS Expansion Shakes Global Stage

Russia's plan to expand BRICS to 40 nations challenges Western economic dominance, signaling a major shift in global power dynamics.

BRICS-Led De-Dollarisation: Transforming Global Finance

BRICS nations are spearheading a strategic de-dollarisation movement, challenging the long-standing dominance of the US dollar in global trade and signalling a transformative shift in the traditional financial order.

Is BRICS Currency Set to Revolutionise the Global Financial System?

BRICS nations unveils plans for their collective currency, shaping the future of global finance.

BRICS Alliance the Pushing Force to the End of Dollarisation?

BRICS accelerates de-dollarisation efforts with digital Yuan amid expanding influence.

Crypto Pyramid Scam: DOJ Charges Mining Capital Coin CEO In $62M Fraud Scheme

Mining Capital Coin CEO accused of $62M investment fraud scheme

“Capuci operated a fraudulent investment scheme and did not use investors’ funds to mine new cryptocurrency, as promised, but instead diverted the funds to cryptocurrency wallets under his control,” the DOJ stated.

Bitcoin Mining Council Q4 Survey: Bitcoin Mining Becomes More Sustainable

“This quarter, we saw significant improvements in the energy efficiency and sustainability of Bitcoin mining, a trend that will continue,” said MicroStrategy founder and CEO Michael Saylor.