Latest Crypto News: NiceHash Digest #28
Welcome to the NiceHash crypto news digest. Let's see what happened these last few days.
Coinbase will happily go to court with SEC to defend the crypto industry

The SEC recently issued Coinbase with a Wells notice about alleged securities violations. On Wednesday after the regulator warned the crypto company it could bring an enforcement action against it, Coinbase executives doubled down on the possibility of taking the SEC to court.
The SEC’s last warning about crypto risks applies that “investments in crypto asset securities can be exceptionally volatile and speculative”. The latest notice against Coinbase reflects a belief that crypto industry players seek to take advantage of regulatory loopholes, and may not have any meaningful assurance that these entities hold adequate assets to back their customers’ balances.
In their statement on Wednesday Coinbase said it is “confident in the legality of [its] assets and services,” adding that the regulator’s claims lacked detail about specific problems. Coinbase CEO Brian Armstrong said: “I think the courts could maybe actually give us some clarity here,” Armstrong said. “In a way we’re happy to go to court if that’s what it takes to finally get some case law developed for this industry so the industry can be built in a safe, trusted and regulated way here in America.”
Bitcoin mining difficulty sets a new all-time high rising to 7.6% and hashrate jumps to match it

On Friday Bitcoin’s mining difficulty level rose 7.56% and hit an all-time high along with the network’s hashrate. This shows that currently miners are applying more computing power than ever. NiceHash marketplace also reached a new high of 2 EH/s in the same week on Sha256.
The difficulty changes roughly every two weeks, and is a measure of how much computing power is required for mining blocks to be rewarded with Bitcoins.
Now it’s possible to mine your own Bitcoin block even if you don’t possess expensive hardware. NiceHash’s EasyMining gives anyone an opportunity to support the mining community and have a chance to catch blocks by renting computing power. Check out the new team packages here.
News spreads on how to boost mining revenues with a hashrate marketplace

In the busy crypto mining sector, optimization is critical. With slim profit margins and demand for optimal computing power, all tools for increased results are welcome. As miners try to scrape reasonable profits, they usually turn to traditional mining pools.
Another option miners have is selling their hashing power. Read how NiceHash allows miners to earn more revenue by using our hashpower marketplace in this article by the Cointelegraph.
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