Bitmain releases four policies the company will follow, says zero-tolerance for secret mining

2018-7-28 02:16

Bitmain, a Hong Kong based mining company released new policies for shipping and mining practices. Bitmain is the largest Bitcoin mining company and ASIC chip producer in the world. The company is valued at around $16 billion and recently completed its series B funding round.

The mining company has come up with 4 new policies: Disclosure […].

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Bitcoin Mining Firm’s Tire Burning Plan Gets Flak From Environmental Groups

A Bitcoin mining company has come under fire for seeking approval to utilize tire-derived fuel to power its crypto mining operations in Nesquehoning, Pennsylvania. The contentious decision has set environmental advocacy groups and the company on opposing fronts, highlighting the ongoing tension between technological advancements and sustainability efforts.

2023-8-31 13:30


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SEC Stops Kodak-Branded “KashMiner” Bitcoin Mining Scheme

The U. S. Security and Exchange Commission (SEC) has put a stop to a Kodak-branded cryptocurrency mining scheme including a Kodak KashMiner device, the company confirmed on July 16, 2018. The KashMiner “Scam” Spotlite USA, the company behind the product, first put the bitcoin mining computer named Kodak KashMiner on display at the Kodak booth at the Consumer Electronics Show (CES).

2018-7-19 20:00


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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining.

2018-7-14 01:04


Kutcho Copper Opens MineHub Metals & Mining Blockchain Supply Chain Technologies

Kutcho Copper Corp. has announced the launch of its MineHub Technologies Inc with a syndicate of industry partners including a senior mining company, one of the world’s largest streaming companies, an international base and precious metals and concentrates trading company that specializes in providing trading and financing solutions for miners and smelters and a global […]

2018-7-13 20:39


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Fully autonomous trains are better suited for moving ores than people

Australian mining company Rio Tinto’s high-tech train completed the first fully autonomous delivery of iron ore in Western Australia’s Pilbara. The autonomous train, consisting of three locomotives, carried about 28,000 tonnes of iron ore across 280 km from the company’s mining operations in Tom Price to the port of Cape Lambert on July 10.

2018-7-13 14:33


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Texas reform issues have been demolished and ordered to the Crypto Company Network

Regulation The Texas State Securities Board has taken an emergency action to stop a network of crypto-related companies from illegally offering investments in the state. Utah-based companies Mintage Mining LLC, Symatri LLC, NUI Social, Social Membership Network Holding LLC, and BC Holdings and Investments LLC are named in the emergency cease and desist order. In

2018-7-13 12:02


CoinEx Crypto Exchange Upgrades to Trade-Driven Mining For Higher Yields

The CoinEx cryptocurrency exchange has decided to upgrade the terms of the trade-driven mining model. CoinEx Tokens (CET) are issued to users instead of giving back transaction fees. The company, a subsidiary of ViaBTC, told the community in an announcement on Wednesday that their ‘trade-driven mining’ feature received important popularity and reviews among global users […]

2018-7-12 00:37


Экс-зампред «Газпрома» и директор РЖД выкупил половину российской майнинговой компании

«Русская холдинговая компания» (РХК), частично принадлежащая бывшему заместителю председателя «Газпрома» Александру Рязанову, 25 июня приобрела 50% поставщика оборудования для майнинга криптовалют ООО «Центр обработки данных» (New Mining Company). Об этом свидетельствуют данные с...

2018-7-9 19:54


Bitmain’s Bitcoin Mining Company Evaluation is Near $12 Billion After New Funding

$12 Billion: The Value of Mining Giant Bitmain in the New Funding Round Bitmain, the Chinese bitcoin mining giant reportedly closed a Series B funding that valued the company at around $12 billion. Caixin, Chinese business media reported on Friday the equity financing was somewhere between $300 and $400 million, though it is still unclear […]

2018-7-7 23:43


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Japanese Man Free Company Electricity $ 500 Mutual Inc Mining

Daily SPA, a Japanese media outlet, has reported on a Japanese man using his company dormitory’s free electricity to mine cryptocurrencies without asking permission. Also read: Japan Gives Jail Sentence to Crypto Miner in a Remote Mining Case An Extraordinary Income “Virtual currencies are processed cryptographically,” Sora-san, a Japanese man working in a major Japanese manufacturing

2018-7-6 11:38


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Japan’s Module Platform Offers Users the Chance to Earn Cryptocurrency with Their Gadgets

The company has already collected more than $2 million through a private sale of its coins. This is not surprising, as this platform has the potential to turn the cryptocurrency market on its head in several different ways: secure mining, storage of a large amount of data using gadgets around the world, and financing of blockchain through the creation and development of decentralized applications (DApps).

2018-7-5 20:00