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MineBest: The rising interest of Mining in North and South America

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4 years ago

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It must be apparent to everyone already that some countries are more welcoming than others when it comes to cryptocurrency regulations. Regulations are a function of the nation’s government, but there is an asymmetrical distribution of interest in cryptocurrencies from one country’s population to another. There are various reasons for this disparity in engagement. Depending on how literate the population is, the geopolitical circumstances in the region, the monetary situation of the area, friendliness of the government on blockchain/crypto regulations, and a few other factors, we can see a clear correlation on the population’s interest in cryptos. 

However, when it comes to the interest in mining cryptocurrencies, factors that are contributing to a country’s interest are fewer. It generally comes down to 2 axioms: how cheap is electricity and how friendly the nation’s government is. Looking at these primary questions closely shows why there is a rising interest in crypto mining in the western hemisphere. Let us take a closer look at it.

Rising interest in cryptocurrency mining in South America

Bitcoin’s use case for protection against inflation was glaring in two of the largest South American nations, Venezuela and Argentina, both being in the top 5 countries with high inflation rates. Bitcoin along with other cryptocurrencies became popular in these countries as people scrambled to protect any value of their assets as they could when hyperinflation hit. 

People living in Venezuela were troubled because of the depleted currency and situation of high inflation. But in Venezuela, the energy is free, which means only luck and capital is required, and it can be a paradise for crypto miners. 

While many countries have seen growth in crypto mining this year, ultra-low utility rates and the resurgence of capital controls are helping increase gains for miners in the South American nation. Few experts think that it’s yet another instance of Argentines’ sustained capability to bend the nation’s heretical policies to their benefit. Highly subsidized power prices have also led to a mining boom in Argentina.

El Salvador became the first country to give Bitcoin legal tender status on June 9. Another Latin American country, Paraguay, has shown interest in adopting Bitcoins into its monetary ecosystem.

Rising interest in cryptocurrency mining in North America

While China remains a clear leader in Bitcoin mining hashrate share, this chart by Cambridge Centre for Alternative Finance shows that the USA is second. Some US companies believe that they can get some of the mining shares from China and the shift is accelerating. 

There is evidence for this belief. Foundry, a subsidiary of Digital Currency Group (DCG), a crypto conglomerate, recently announced it would spend $100 million on mining initiatives. Foundry has quickly risen to be a top 10 mining pool.

Canada with its naturally cold climate, favorable regulatory framework, and relatively cheap electricity is good for cryptocurrency mining. Hydroelectric plants in Quebec have been especially attractive sources of energy for miners, although the industry is not exclusive to that region. 

Few Chinese miners have begun shifting operations to the US and Canada to escape their home nation’s regulations and uncertainty. The influx of mining activities to these counties brings good news for employment. There are reports out already about mining companies creating jobs in rural America.

Another reason for the rising crypto mining activities in North America is the recent accelerated push towards renewable mining. Elon Musk added fuel to the Bitcoin energy debate, sparking a bearish trend in Bitcoin which it is yet to recover from. However, there is clear evidence that the miners have responded quickly to work towards the 50% renewable mining goal presented by Musk. 

North America may account for 10% to 15% of the global hashrate currently, but if the trend continues, we can see it push towards 25% of the market share. However, this shift in hashrate will only be possible by world-class infrastructure providers. MineBest, a global company founded in 2017 specializing in cryptographic computing activities, provides professional hosting services for both Bitcoin and Altcoins. 

Additionally, South America is  an emerging market for crypto entities, over the years the communities have shown great progress in adopting crypto and mining opportunities. Taking advantage of this mega trend, MineBest is exploring opportunities to expand their presence in the LATAM region and help achieve their vision of building data center facilities in various capacities for providing professional hosting services of mining equipment in South America.

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Press Release

Camp Network, the Autonomous IP Layer 1 Blockchain, Launches its K2 Public Testnet

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3 days ago

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May 9, 2025

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Following a Successful $30M Fundraise, Camp Launches K2 Public Testnet and Summit Series Campaign

Camp Network today announced the launch of its K2 public testnet for its Autonomous IP Layer 1 blockchain, alongside the Summit Series ecosystem campaign where users can traverse through live applications on Camp.

Summit Series offers users the unique chance to explore and engage with Camp’s growing ecosystem by completing onchain quests through a customized campsite frontend experience. The first set of decentralized apps are live for its Phase 1 launch, with dozens more rolling out in the coming months leading up to Camp’s anticipated mainnet release later this year. Camp’s ecosystem partners collectively reach over 5 million users and creative works, offering contributors a pathway to shape the future of onchain IP.

“We invite the community to join us as we hike toward the mainnet summit,” said James Chi, Co-Founder of Camp Network. “This is a chance to help shape the future of AI-native creativity and onchain IP provenance via live applications on Camp.”

The public testnet follows Camp’s recent $30M in total fundraising, including a Series A round co-led by 1kx and Blockchain Capital. Powered by its Proof of Provenance protocol, Camp enables users to register and tokenize their intellectual property onchain, train and deploy AI agents, and earn transparent, enforceable royalties from downstream usage. Camp’s architecture supports gasless IP registration, automated licensing and isolated execution environments optimized for agent-based workflows. It’s built to serve a new class of developers, creators and AI-native applications.

“The Summit Series kicks off a pivotal first step for our ecosystem partners. Each team has invested an incredible amount of work, and I’m excited for them to showcase what they’ve built to our community and beyond,” said Drew Rasansky, Head of Ecosystem at Camp Network. 

Camp Network is more than a blockchain — it’s a foundation for a more equitable internet, where creative work is protected, attributed and monetized transparently. Across any form of IP including art, music, film, data and videos, Camp enables collaboration between human creativity and intelligent systems, all backed by verifiable provenance.

To learn more about Camp Network, visit campnetwork.xyz. To join the Summit Series, visit testnet.campnetwork.xyz 

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Limoverse Skyrockets 68% After Revealing MAIA, the AI Agent Redefining Wellness Tech

Published

5 days ago

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May 6, 2025

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Limoverse, the leading Web3-powered health and wellness ecosystem, is riding a strong wave of momentum. With a 47% price increase in just seven days and nearly 70% growth over the past month, the $LIMO token is making its mark — fueled by strategic product rollouts, rising adoption, and the global launch of MAIA, the AI health agent that’s already shifting how people engage with their wellness.

Precision Wellness Goes Mainstream: MAIA’s Public Debut

At the center of this surge is MAIA — Limoverse’s AI-powered health agent designed to interpret blood and genetic data into personalized, actionable insights. After a month in early access, MAIA launched for public on April 30, allowing anyone to experience its advanced capabilities for the first time. For users, it brings health optimization down to earth — translating complex bio-reports into simple, human conversations.

“MAIA makes precision wellness as simple as chatting with a friend — and it’s already transforming user engagement,” said Dr. Sajeev Nair, Founder of Limoverse.

Token Utility Strengthens as Ecosystem Expands

With MAIA now available and the Limoverse SuperApp ecosystem gaining traction, the $LIMO token is evolving into a true utility asset. It unlocks premium features, advanced biomarker tracking, and a growing suite of AI-driven tools within the Limoverse platform. The user journey is no longer passive — it’s interactive, rewarding, and driven by meaningful, daily health inputs.

“Our community doesn’t just trade the token — they run, lift, meditate, and share biomarkers every day. That real-world utility is finally being priced in,” said Mohit Ahuja, Chief Strategy Officer.

Three‑Month Scorecard: February to April 2025

Limoverse’s growth over the past quarter highlights the power of consistent execution and strategic focus. Below are some of the key milestones achieved between February and April 2025:

  • 200k+ SuperApp downloads — Fastest quarter-to-quarter growth to date
  • 86M $LIMO burned — Sustained deflation via Move-to-Earn
  • 7 new CEX listings — Global liquidity expansion
  • Global Community Meet (Apr 29) — MAIA demo + roadmap unveiled
  • Crypto Debit Card beta announced — Health-driven crypto spending now a reality

Community-Driven Growth and Consistent Execution

Beyond tech, what sets Limoverse apart is the consistency in communication and commitment to its user base. Regular product updates, live events, and transparent dialogue have built trust across global users. As the platform evolves, the people who fuel it remain front and center — actively contributing to both product feedback and ecosystem growth.

Roadmap: What’s Next

With the recent wins laying a solid foundation, Limoverse is gearing up for its next chapter of growth:

  • iOS SuperApp Launch (Q2) — Includes face-scan vitals, AI fitness coach, and in-app $LIMO top-ups
  • Regional Expansion — Targeting 25k paid subscribers across North America, Southeast Asia, and Africa
  • Token Utility Expansion — Introducing subscription bundles, debit card rewards, and partner integrations
  • MAIA v2 Rollout — Enhanced wearable sync, multilingual voice support, and longevity-focused intelligence

A Future That’s Already in Motion

The surge in $LIMO isn’t just market noise — it reflects a project hitting its stride. With AI-driven health tools, real-world token utility, and a community-first approach, Limoverse is delivering on the promise of personalized, decentralized wellness. The past month was just the beginning. The next phase is about scaling that vision to every corner of the globe.

Official Website: https://limoverse.io

X: https://x.com/limoverseglobal

Telegram: https://t.me/limoverse

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Press Release

PeerGame Launches Seamless Wallet Integration with HandCash

Published

5 days ago

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May 6, 2025

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Leading cryptocurrency gaming company PeerGame has announced its exclusive integration with HandCash, which enables players to connect their crypto wallets and begin playing quickly and easily. 

HandCash is a digital wallet designed for seamless management of Bitcoin Satoshi Vision (BSV) and other digital assets. It allows users to make quick, secure transactions, store tokens, and interact with decentralised applications, all through a user-friendly interface. The integration with the PeerGame platform means no lengthy sign-up process is needed, and players can immediately enjoy PeerGame’s wide range of games. By streamlining the process, the platform ensures a frictionless entry into the gaming world.

This innovative partnership emphasises PeerGame’s commitment to offering a smooth, user-centric experience that puts control in the hands of the player. This is an example of one of the easiest and fastest ways to start playing, enhancing both convenience and speed for all players. BSV Blockchain’s fast transactions and low fees play a key role in this, providing instant deposits and withdrawals that further improve the overall experience. Transactions are seamless, ensuring that players retain full control of their funds at all times while offering greater security and transparency.

Margie Dobrowolski, Project Lead at PeerGame, commented: 

“This is an exciting new prospect for our clients as they will be able to instantly connect their wallets and begin playing, bypassing the traditional and lengthy account registration process. The unique wallet connection and integration with HandCash is exclusive to PeerGame, making it a standout feature within the iGaming industry. While other services may utilise the same connection, none integrate it within the gaming sector in the same way.”

For more information about PeerGame visit https://peergame.com/. 

About PeerGame

PeerGame is a leading technology company that aims to revolutionise Casino 2.0, leveraging the power of Bitcoin SV to build a frictionless, fast and easy-to-use gaming platform. 

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