In its most recent Monthly Index of Economic Activity (Imacec), the Central Bank of Chile reported economic growth of 2.5 % in April.
This percentage is above the estimates from the latest Economic Expectations Survey (EEE), which predicted a 2.10 % growth in activity.
“The new Imacec result was…
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mining
Venezuela and Turkey agreed on cooperation measures in the energy sector
The Vice President of Venezuela and also Minister of Hydrocarbons, Delcy Rodríguez, met on Friday, February 14, in Istanbul, Turkey, with the Turkish Minister of Energy, Alparslan Bayraktar, to review the agreements between both nations on…
Peru expects to close 2024 with 4 % economic growth
Peru's Minister of Economy and Finance, José Arista, indicated this week that the country could close 2024 with 4 % economic growth and a Gross Domestic Product of 3.2 %.
The projection is based on the growth, although uneven, of other…
Bitcoin at risk in Costa Rica and Paraguay
Two American countries could ban Bitcoin. Costa Rica will propose a bill that restricts the use of cryptocurrency in daily transactions and Paraguay is in favor of eliminating the mining of this digital currency, since the high consumption…
Dropbox will fight cryptocurrency mining on its platform
Dropbox announced the end of its 'as much space as you need' policy, removing unlimited storage from its Dropbox Advanced plan to curb illegitimate activities by users using this service to mine cryptocurrency or resell storage.
The…
Volcano Energy will invest in cryptocurrency miners for El Salvador
Volcano Energy, a leading renewable energy company, has announced an impressive $1 billion investment to carry out an ambitious Bitcoin mining industry project in El Salvador.
In a statement posted on Twitter by President Nayib Bukele, it…
BlockFi will sell its mining equipment
Cryptocurrency-based financial services company BlockFi, which has filed for bankruptcy before US authorities, has been cleared by the bankruptcy court to sell its crypto mining equipment and other physical assets in order to raise around…
BlockFi starts selling mining assets
BlockFi, the bankrupt cryptocurrency lender, has begun receiving offers for its mining business assets and expects more before its February 20 deadline.
According to BlockFi's lawyer, Francis Petrie, the company wants to get offers as soon…
Paraguay raises electricity rates for mining
The National Electricity Administration (ANDE) of Paraguay announced an increase in the rates of the "special intensive consumption group", where cryptocurrency mining stands out.
Decree 7,824, with resolution 46,984, establishes that…
Germany tops list of world’s most pro-crypto countries in Q3 2022
Cryptocurrencies are present in most of the world's economies. Germany is not out of the adoption trend and, according to a study by Coincub, the European country is in the top of the most favorable to crypto adoption for the third quarter…
Bitmain donates $1 million to research bitcoin mining
The world's leading company in the manufacture of Bitcoin and cryptocurrency mining equipment, Bitmain, donated 1 million dollars to the Hong Kong Polytechnic University with the purpose of financing the execution of projects that allow…
New York mayor challenges state mining ban
Eric Adams, mayor of the city of New York, indicated his disagreement with the bill, sanctioned by the state Congress, that prohibits crypto mining based on Proof of Work (PoW) considering that the “measure is not the way to follow to…