Global Crypto Mining News (Oct 10 to Oct 16)
1. Binance Pool recently unveiled a $500-million project to support BTC mining and infrastructure providers. Eligible borrowers will be required to agree to terms & conditions, including but not limited to: an 18 to 24-month term，interest rates ranging from 5% to 10%，and offering security, either physical or digital assets, satisfactory to Binance. In addition to serving borrowers, Binance Pool is looking for cloud mining vendors. Read more 2. According to BTC.com, Bitcoin saw a mining difficulty adjustment at block height 758,016, with a significant 13.55% increase in mining difficulty to 35.61 T, a new all-time high. The current network-wide average hashrate is 254.80 EH/s. One explanation is that as Ether exits POW, relatively cheap power is being used for BTC mining, leading to more miners being used. 3. Bitmain will host the WDMS Global 2022 Summit in Cancun, Mexico from November 8-10, 2022, having previously been held in Dubai and Frankfurt. It's official: The Latin Ame...