China dealt a double blow to Bitcoin and Ethereum mining

The two largest mining pools, F2Pool and Sparkpool, are forced to take drastic measures due to bans by the Chinese government. ASIC miner manufacturers and pools turned out to be the last major enterprises in China to be involved in the cryptocurrency industry. And the complete ban on operations with cryptocurrencies for business dealt them the last serious blow. The largest Bitcoin mining pool, F2Pool, denied service to miners from China. Thus, F2Pool, founded in…

Nigeria begins testing digital naira

Nigeria begins testing digital naira

The government of Nigeria has launched a website to test digital naira, the country’s government cryptocurrency, and a digital wallet that can be tied to a bank account. The website says that digital naira is a “unique form of money” denominated in local currency and serves as both a medium of exchange and store of value. The site for testing the state cryptocurrency of Nigeria was launched earlier than originally planned. Digital Naira will be…