Increase Transaction Fees? What Happened? Increased transaction fees represent a minor advancement in the ability of Bitcoin miners to maintain their operations independently of block subsidies.   Block number 788695 has a significant meaning for Bitcoin miners due to the recent upsurge in transaction fees. It represents the first instance since 2017 where transaction fees...Continue Reading

This week, private meetings were held to discuss the Treasury's consultation paper on token mapping.Continue Reading

According to internal documents obtained from the Australian Treasury Department, it could take at least a year before crypto legislation is put in place in the country.Continue Reading

Is the Bitcoin bottom in? This research article takes a look at the arguments for and against, including additional insights into the wider financial markets and their potential impact.Continue Reading

The Role of Cryptocurrency in Times of War According to Chainalysis, an American blockchain analysis firm that aids its customers in blockchain analysis, cryptocurrency-related activity in both Ukraine and Russia has increased as a result of the deadly war between the two nations.      Due to interest rate hikes to curb increasing fiat inflation...Continue Reading

Environmental Challenges in Bitcoin Miners A report from Arcane, published by CoinTelegraph, has indicated that While innovations in chipset manufacturing have helped reduce operational costs related to Bitcoin miners, a report has revealed the market’s potential to transform the energy industry.   Bitcoin Miners are said to be responsible for approximately 137 terawatt hours of...Continue Reading

What is Celsius?   Per CoinMarketCap, Celsius originally came into being as the product of creators Alex Mashinsky and Daniel Leon in 2017.   Mashinsky has a long-running history in the internet development sphere, having worked on the Voice Over Internet Protocol (VOIP) in the 1990s and other technologies since. Celsius is far from Mashinsky’s...Continue Reading

The Australian Prudential Regulation Authority (APRA) has published a letter to Australian regulatory bodies on Thursday setting out its expectations of risk management, as well as a roadmap for digital assets policy through 2025.     Chairman Waynes Byres detailed in the letter “while activities associated with crypto assets are still relatively limited in Australia,...Continue Reading

The First Bitcoin ETF in Australia: A Game-Changer for Investors After many months of industry consultation, in November of 2021, the Australian Securities and Investments Commission (ASIC), approved long awaited Bitcoin and Ethereum exchange-traded funds (ETFs).   In doing so, ASIC has provided the best-practice requirements and guidelines for those issuing Bitcoin or Ethereum ETFs,...Continue Reading

U.S. Treasury and Cryptocurrency: Advancing with Caution As U.S. Secretary Janet Yellen articulates the growing influence and complexities of cryptocurrencies, the spotlight on regulatory frameworks becomes more pronounced. This pivotal time in the digital asset landscape underscores the need for reliable and efficient tools in the cryptocurrency mining sector. At Mining Store, we offer cutting-edge...Continue Reading