Conducting a Drug Trafficker Search Helps Brazilian Police to Uncover Illegal Bitcoin Mining Operation

2019-4-29 02:36

Scams are a common occurrence in cryptocurrency, and there are many scammers in the market today. While there is often legal involvement when these situations happen, that is not the case for one mining farm.

In fact, no one even uncovered it before the Brazilian police accidentally fell upon it during a search for a […].

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Bitcoin Mining Hardware Manufacturer Bitmain Releases New 7nm Antminer Hardware

On November 5, 2018, the mining rig manufacturer Bitmain Technologies has officially released two new 7nm (nanometer) “Antminer” crypto mining machines, which will go on sale on November 8. Bitcoin Mining Behemoth Releases Antminer Hardware Bitmain, the largest bitcoin mining firm in the world and one of the most valuable companies in the cryptocurrency industry, has announced that it will.

2018-11-7 19:00


New Crypto Rumor Says Bitmain Is Possibly Losing Taiwan Bitcoin Mining Chip Supplier TSMC

Bitmain May Lose Chip Supplier Bitmain is a bitcoin mining manufacturer that will no longer be receiving chips from its supplier, called Taiwan Semiconductor Manufacturing Company TSMC. The platform’s relationship with TSMC is not in good shape, as the company is in arrears in the amount of over $300 million. Bitmain has, at one point, […]

2018-11-5 19:59


CEO of Google Reveals his 11 year Old Son is an Ethereum Miner

Most cryptocurrency miners work in a firm or in groups, most cryptocurrency miners are between the early ages of 20-30, but the case of Sundar Pichai is a unique one. Pichai, the Ceo of Google had recently revealed that his 11-year-old son was mining Ethereum right in his home, with a computer that Pichai built […] The post CEO of Google Reveals his 11 year Old Son is an Ethereum Miner appeared first on ZyCrypto.

2018-11-3 18:04


Indian Officials Consider Ban on “Private Cryptocurrencies”

Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance.

2018-11-1 22:37


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Why Did Bitmain’s Antpool ‘Stop Mining’ SegWit Blocks?

Antpool, the Bitcoin mining pool owned by hardware manufacturer Bitmain, has stopped mining Segregated Witness (‘SegWit’) blocks. A Question Of ‘Charity’? In a move which has sparked suspicion among cryptocurrency figures, data from the past seven days of block mining shows Bitmain mining blocks of under 1 megabyte – smaller than SegWit blocks mined by other pools.

2018-10-31 19:00


Merkle Tree Proofs (MTP), Proof of Work Crypto Mining and ASIC Resistance Debate Heats Up

Merkle Tree Proofs ASIC Resistance Egalitarian mining and the proof-of-work algorithm (PoW) makes ASIC resistance worth the pursuit. The algorithm, called Merkle Tree Proofs, is one that Zcoin seems to believe in and states that it is “premature” to give up this early on in the game. There are many reasons for ASIC resistance. The […]

2018-10-31 00:30


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The Daily: September Losses for Most Traders, Crypto Debit Cards Shipped in Singapore

The majority of cryptocurrency traders recorded losses on their investments last month, according to a report we’ve covered in The Daily. In this edition, we also look at the new debit cards allowing customers in Singapore to spend cryptocurrencies anywhere Visa is accepted and the decision of a large cryptocurrency mining company to move one […] The post The Daily: September Losses for Most Traders, Crypto Debit Cards Shipped in Singapore appeared first on Bitcoin News.

2018-10-27 16:52


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Cryptocurrency Mining Provider GigaWatt Faces Millions of Dollars in Debt

GigaWatt, one of Central Washington’s largest companies in the cryptocurrency sector is, unfortunately, facing millions of dollars in debt as cryptocurrency prices fall. According to the Oregonian Times, Giga-Watt’s once upward trajectory is facing a sharp decline as the company explores every legitimate stream of revenue to remain in business.

2018-10-23 19:00


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Bitcoin Mining Stocks Up

In early November, Bitcoin mining profitability experienced a notable uptick, with the hash price—a key indicator of miner earnings—rising by 29% since the end of October.