Cryptocurrency Hedge Fund Three Arrows Capital (3AC) Has Been Ordered To Liquidate Its Assets A British Virgin Islands court has ordered major cryptocurrency hedge fund Three Arrows Capital (3AC) to liquidate its assets as the serious market downturn in digital assets continues. The liquidation has been ordered by a British Virgin Islands court,...Continue Reading
Why Is The Bitcoin Hash Rate So High During This Downturn In Price? Why is The BTC network hash rate still so High? Firstly, an increase in the BTC hash rate means more mining power is being added to the Bitcoin network. Whenever new miners join the network, the mining difficulty increases. This...Continue Reading
Consensus: DAY 3/DAY 4 Day 3 and day 4 was jam packed with some incredible speakers. Jimmy Song & Todd Share We firstly got to see the ultimate Bitcoin Maxi in Jimmy Song discuss all things Bitcoin. He spoke at length on the technical upgrades to Bitcoin, the most recent being the...Continue Reading
Consensus: DAY 1/DAY 2 We arrived in beautiful Austin, Texas, to 40 degree weather, dryness, and a whole heap of flavoursome individuals! We were in Austin to attend Consensus by CoinDesk, since 2015, Consensus has been the central meeting point for those committed to decentralising the world. Curated and produced by CoinDesk, the most...Continue Reading
White House Seek To Reduce Cryptocurrency Mining Energy Principal Assistant Director for energy for the White House office of science and technology policy, Costa Samara, has detailed that the White House is seeking to introduce policies to lower cryptocurrency mining energy consumption, according to a report from Bloomberg Law. Following President Joe Biden’s...Continue Reading
U.S. Federal Reserve Begins Serious Quantitative Tightening Starting June 1, the Fed will begin draining that plus $3.3 trillion of bank reserves from its nearly $9 trillion balance sheet to put all of this money in motion — a process it called “quantitative tightening”. Quantitative tightening, also known as balance sheet normalisation, is...Continue Reading
Calls For Urgent Regulation In Australia’s Cryptocurrency Markets In a bid to protect Australian consumers from cryptocurrency scams, Choice, an Australian based consumer advocacy group has called on the Labor government to provide action on regulating the cryptocurrency industry. They are specifically calling for centralised exchanges to be subject to the consumer protection...Continue Reading
Commonwealth Bank Brings Cryptocurrency Trading In-App To A Halt After Serious Market Volatility Australia’s largest bank has decided it will pause its rollout of its app-based trading of digital currencies such as Bitcoin and Ethereum pending further regulation. The multinational corporation has also sought to pause all testing features, preventing any cryptocurrency sales on...Continue Reading
ATO Takes Aim At Cryptocurrency Gains For Tax Time 2022 The Australian Tax Office (ATO) has released its four priorities come tax time at the end of this financial year, honing in on four key focus areas, including record-keeping, work-related expenses, rental property income and deductions, but most importantly, capital gains from cryptocurrency assets, property,...Continue Reading
LUNA Spectacularly Tanks As UST Fails to Re-Peg TerraUSD (UST), a digital token with a once $16 billion market capitalisation that is designed to maintain a 1:1 peg with the dollar, known as a stablecoin, nosedived over the past 36 hours. Its price fell below $0.65, before somewhat recovering to $0.93 as yesterday before...Continue Reading
Trustable, fast response and very kind staff. They helped me a lot to set small farm at home. Highly recommend to everyone wants to get into crypto market. They have big community that spread out news as well.read more
The guys at the mining store where super helpful with all my crazy questions, Ive since bought 4 miners from them and have really enjoyed getting involved in the informative discussions that are on the mining store Discord channel. If your thinking about getting involved in mining this is where its all happening. Keep it up Will and Cal.read more
Will was very helpful and informative. He was patient with the myriad of questions I had and at no point did he apply any pressure on me to purchase the mining rigs they were offering. I wouldn't hesitate to recommend mining store to anyone interested in mining cryptocurrency. Well done guys?read more
For my research on Human-Machine-Network (HMN) I had a general hypotheses to architect and build a machine that is able to interact with me and the next web, Web3. This is when I discovered Mining Store (MS). Will was very prompt and followed up on all the questions for him. I had specific requirements which were a bit advanced for that time, and that is when I was introduced to Cal, who was very generous with his time and did the necessary research and we agreed with a baseline specifications. The duo Will and Cal are truly one of the best gentlemen founders I discovered recently and I would highly recommend anyone who is curious to enter this space to reach out and have a conversation with them. Australia is really lucky to have them and yes the rest of the World is also benefiting heaps from their professionalism and craftsmanship.read more
Great service I would highly recommend to others. The team look after my crypto portfolio/mining rig whilst keeping me updated on a daily basis. Both Cal and Will came to fit my rig and the service was perfect! The team are very knowledgeable and keep me up to date on investment opportunities.read more
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