Connect with us

Press Release

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

Published

4 years ago

on

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.

Related Topics:

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

Continue Reading

Press Release

GoMining Expands Bitcoin Mining Opportunities with NFT-Backed Digital Miners

Published

2 days ago

on

March 25, 2025

By

GoMining, a leading innovator in blockchain-based mining solutions, continues to revolutionize bitcoin mining with its advanced technology and NFT-backed digital mining solutions. By combining efficiency, accessibility, and blockchain transparency, GoMining is making mining more profitable and user-friendly for both newcomers and experienced miners. With a focus on flexibility and sustainability, GoMining ensures that users can participate in Bitcoin mining without the usual barriers of high costs and technical complexities.

A Cutting-Edge Bitcoin Mining Website

GoMining’s bitcoin mining website is a trusted and comprehensive platform that simplifies entry into cryptocurrency mining. Users can manage their mining operations seamlessly, track earnings, and optimize their mining power without the complexities and costs of traditional hardware setups. The platform ensures transparency and efficiency, offering a hassle-free way to participate in Bitcoin mining. GoMining also provides detailed analytics, allowing miners to monitor performance and make data-driven decisions to maximize their rewards. With robust security features and an intuitive user interface, the website offers a streamlined experience for all levels of miners.

Digital Miners: Designed for the Future of Mining

GoMining’s Digital miner collections introduce an innovative approach to mining by tokenizing real hashpower through NFTs. These miners allow users to participate in digital mining without investing in expensive equipment or dealing with the challenges of hardware maintenance. Each Digital miner NFT represents a portion of real mining power, making the process more flexible, scalable, and rewarding. Users can choose from various mining power levels, customize their miners, and upgrade efficiency to maximize their earnings. With GoMining’s transparent structure, participants always know the exact hashpower they own, ensuring clarity and control over their mining assets.

GoMiners. Uniting BTC Mining and Gaming

The GoMining ecosystem enhances mining with gamified elements, bringing a new level of engagement to digital asset ownership. Users can boost their mining power, strategize through in-game mechanics, and trade assets, making mining more interactive and rewarding. This integration of gaming and mining adds an extra layer of excitement for participants looking to maximize their earnings, and at the same time get a taste for real-life mining. By introducing team-based mining challenges, spells, and boosts, GoMining creates an environment where players can collaborate to enhance their mining efficiency. The recently introduced league structure further incentivizes players by offering higher rewards and exclusive perks based on their rankings.

Is Bitcoin Mining Profitable?

As the crypto market evolves, many potential miners ask, is bitcoin mining profitable? GoMining’s solutions ensure a profitable mining experience by offering optimized efficiency, lower maintenance costs, and greater flexibility. With their NFT-backed Digital miners, users can maximize earnings while avoiding the risks associated with traditional mining setups.

Additionally, GoMining offers discounts of up to 20% on daily miner maintenance fees for users who pay in GOMINING tokens, making mining operations even more cost-effective. Beyond cost savings, users can also participate in veGOMINING, a governance model that allows token holders to lock their tokens and access voting power. This mechanism gives users a direct role in shaping the GoMining ecosystem, influencing decisions on mining rewards, upgrades, and platform developments.

By leveraging blockchain technology, smart mining strategies, and community-driven governance, GoMining provides a sustainable, scalable, and rewarding approach to mining in an ever-changing market.

One of the Best Bitcoin Mining Apps for Effortless Mining

For users seeking convenience, GoMining provides one of the best bitcoin mining apps on the market. The app allows seamless access to mining operations, earnings tracking, and miner upgrades—all from a smartphone. This mobile-friendly approach enables users to engage with their mining investments anytime, anywhere. With real-time notifications and performance insights, miners can make informed decisions and adjust their strategies to optimize profits. The app’s intuitive design ensures that even beginners can easily navigate the mining process, making Bitcoin mining more accessible than ever before.

A Smarter Alternative to Traditional Methods

GoMining champions digital mining as the future of Bitcoin mining. By eliminating the need for costly mining rigs and technical expertise, GoMining is breaking down barriers and democratizing the Bitcoin mining scene. Digital miners make this process more accessible and scalable. With lower operational costs and the ability to adjust mining power as needed, GoMining ensures that users can adapt to market conditions and optimize their mining profitability. Unlike traditional cloud mining, GoMining provides true ownership of mining power through NFTs, granting users full control over their assets. This revolutionary approach allows miners to trade, upgrade, or even sell their mining power as they see fit, creating a dynamic and user-driven ecosystem.

Beyond digital miners, GoMining has also introduced GoMiners Avatars, adding an extra layer of engagement and strategy. These avatars are more than just collectibles—they offer unique bonuses and in-game advantages for Miner Wars, allowing users to enhance their mining efficiency and maximize earnings. Avatars can unlock special boosts, increase mining power, and provide exclusive perks within the GoMining ecosystem. By integrating gaming elements with digital mining, GoMining creates an immersive experience where users can strategically manage their resources, compete in leagues, and grow their mining operations in a fun and rewarding way.

By blending NFT-backed mining power with interactive features like the GoMiner Avatars, GoMining delivers a smarter, more flexible, and rewarding alternative to traditional Bitcoin mining methods.

The Future of Bitcoin Mining with GoMining

As cryptocurrency adoption grows, GoMining remains at the forefront of innovation, delivering cutting-edge solutions for miners worldwide. By leveraging blockchain technology, NFTs, and a user-friendly platform, the company continues to redefine Bitcoin mining, making it more profitable and accessible for everyone. With a commitment to transparency, efficiency, and community engagement, GoMining is shaping the future of digital mining. GoMining provides the tools, resources, and support to help you succeed in the ever-evolving world of Bitcoin mining, catering to both experienced miners and newcomers.

Continue Reading

Press Release

A New Era Begins: Strategic Partnership Between Napco Capital and BroVaLi B.V. (Bestronics) for the Smart Buckle

Published

1 week ago

on

March 18, 2025

By

We are excited to announce a groundbreaking strategic partnership between Napco Capital FZCO and BroVaLi B.V. (Bestronics) to manufacture and commercialize the Smart Buckle—a revolutionary step in the world of connected wearable technology.

This collaboration marks a significant milestone, bringing together Napco Capital’s expertise in smart technology and Bestronics’ renowned industrial know-how. By leveraging each partner’s strengths, this alliance aims to optimize production, accelerate market launch, and ensure top-tier quality in manufacturing and distribution.

Sasta B.V.: A New Entity for Global Expansion

As part of this partnership, a new dedicated entity, Sasta B.V., has been established to spearhead the deployment of innovative connected solutions and drive new business opportunities worldwide.

Officially registered in the Netherlands at: De Run 4545, 5503 LT Veldhoven, Netherlands

Sasta B.V. will serve as a key player in the global expansion of the Smart Buckle and future smart wearable innovations. This new entity will facilitate efficient production, streamlined logistics, and enhanced market reach, ensuring that our cutting-edge technology reaches users across different regions.

Official Signing and Legal Framework

The official share transfer deed for this partnership was formally signed by Ewoud Raoul Kolenbrander, candidate civil-law notary at Lexperience Notarissen, based in Eersel, Netherlands. This legal milestone solidifies the foundation of our collaboration and ensures a structured, transparent, and robust framework for future operations.

A Vision for the Future

This alliance is more than a business agreement—it is a vision for the future of connected wearables. By combining technological innovation with industrial excellence, Napco Capital and BroVaLi B.V. are set to bring the Smart Buckle to market with unprecedented efficiency and quality.

– Enhanced Production Capabilities – Optimized manufacturing processes to meet increasing global demand.

– Accelerated Market Entry – Strategic deployment of the Smart Buckle through Sasta B.V. to ensure swift commercial availability.

– Global Business Expansion – Opening new opportunities for smart wearable solutions worldwide.

With this powerful partnership, we are poised to tackle new challenges, meet evolving market demands, and shape the future of smart accessories.

The future of smart wearables starts here.

Continue Reading

Press Release

DeDONDI Becomes SASTA Smart Again: A Bold Step Towards the Future

Published

1 week ago

on

March 18, 2025

By

We are excited to announce that DeDONDI is officially reverting to its original name: SASTA Smart. This strategic move is more than a simple rebranding—it is a return to our roots, a reaffirmation of our values, and a powerful step towards shaping the future of connected wearable technology.

Why is DeDONDI Becoming SASTA Smart Again?

The name SASTA Smart has always represented innovation, precision, and cutting-edge technology in the world of smart wearables. Since our inception, our mission has been to design intelligent, high-performance solutions that seamlessly integrate into the lives of our users.

While DeDONDI allowed us to explore new avenues, we realized that our core identity—SASTA Smart—resonates more strongly with our vision, our community, and the technological advancements we aim to achieve. Returning to SASTA Smart is a strategic decision to strengthen our market position, optimize brand recognition, and align with our long-term growth strategy.

The Evolution of SASTA Smart:

Our journey has been marked by relentless innovation and technological breakthroughs. From the very beginning, we have focused on developing intelligent wearable solutions, combining precision engineering with smart connectivity.

Here’s how we have evolved over time:

Early Innovations: The first versions of our smart loops introduced seamless connectivity, providing users with a smarter way to interact with their environment.

Advancing Technology: We integrated advanced sensors, improved battery efficiency, and enhanced control mechanisms, making our smart loops even more intuitive and responsive.

Expanding Market Reach: Our products gained traction among athletes, tech enthusiasts, and everyday users who wanted smart functionality without compromising aesthetics or comfort.

Strategic Shift: As we enter a new era of growth, we are aligning our brand with our vision to deliver next-generation smart wearable technology under the name that best represents our ambition—SASTA Smart.

What Does This Means for Our Customers and Partners?

This rebranding is not just cosmetic—it comes with a renewed commitment to enhancing our products, expanding our technological capabilities, and improving user experience.

Continuous Innovation – We are developing new features, smarter AI-driven interactions, and improved design aesthetics to offer an even better experience.

Strengthened Market Presence – SASTA Smart is set to expand globally, making our products more accessible to a broader audience.

Seamless Transition – For our existing customers, everything remains the same in terms of quality, support, and service—except that now, we are stronger than ever.

The Future of SASTA Smart:

This change marks the beginning of an ambitious new phase for SASTA Smart. Here’s what’s coming next:

  • Smart Loop 2.0 – Our next-generation loop will feature enhanced connectivity, a sleeker design, and improved user interaction.
  • Global Expansion – We are working on making our technology available in more markets, bringing SASTA Smart to new customers worldwide.
  • Advanced AI Integration – Our upcoming software updates will introduce smarter automation, adaptive learning, and a more personalized experience.
  • New Partnerships – We are collaborating with top industry leaders to drive innovation and expand our ecosystem.

The name SASTA Smart is more than a brand—it’s a promise of innovation, intelligence, and excellence.

We are thrilled to embark on this new journey and grateful for your trust and support. 

Welcome back to SASTA Smart—the future of wearable intelligence starts now.

Continue Reading

Trending