Foundry slashes workforce to focus on core BTC mining operations

2024-12-4 23:32

Foundry, the largest Bitcoin mining pool globally, has laid off approximately 27% of its workforce.  The layoffs primarily impact the ASIC repair and hardware teams, while core operations, including the mining pool, firmware team, and self-mining division, remain partially intact.…

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Источник: btcmanager.com

mining operations → Результатов: 126


Chinese Region Halts Cryptocurrency Mining Operations

In-line with a strict government crackdown on all things crypto, a small province in China is forced to shut-down illegal bitcoin mining operations in the region before August 2018. Mining Crackdown As reported recently on local news Jinse, the northwestern Chinese region of Xinjiang Uyghur has identified “illegal” mining operations taking advantage of the naturally cool, […] The post Chinese Region Halts Cryptocurrency Mining Operations appeared first on CryptoSlate.

2018-7-24 07:00


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Some Crypto-Mining Operations Are Not What They Say They Are

Bitcoin and cryptocurrency mining has become a very competitive industry, and the amount of processing power hashing away to mine these digital assets is truly amazing. However over the years since the inception of GPU and ASIC mining, essentially when home mining turned into an industry, the cryptocurrency mining space has been riddled with fraudulent […] The post Some Crypto-Mining Operations Are Not What They Say They Are appeared first on Bitcoin News.

2018-7-22 18:35


Togacoin ICO

Togacoin's endeavor is to separate the mining operations from the electricity costs, as well as diversifying investments to make the business safer and more independent from any market variable. This guarantees a complete payout to the token holders: in case mining become no longer profitable, it will be gradually replaced by our other activities (hosting/housing, application design/development and electricity sales).

2018-7-21 13:21


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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


Bitcoin Mining Gives Birth To New Industry In Iceland: Data Centre Operations

Iceland will soon have a vibrant data centre operations industry in the country. This latest technology infrastructure expansion within the Nordic nation is the result of the pioneering efforts of bitcoin users who leveraged the supportive geothermal and hydropower conditions in Iceland to build expansive data centres to decode blockchain technologies.

2018-7-5 22:40


Crypto Mining Mogul Hits the Big-time with Portable Mining Containers

Serial crypto entrepreneur Valery Vavilov of Bitfury has struck gold again with his latest venture by solving two of the main hurdles in mining cryptocurrency with some big black boxes. Bitfury Founder makes Crypto Mining Operations Portable The BlackBoxes which are sea containers that have been converted into giant, portable mining rigs hold one hundred.

2018-6-21 15:00


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Entrepreneur Acquires Two UK Power Plants To Create Power For Mining

According to The Statesman, an Indian ex-pat by the name Varun Datta has acquired two UK based power plants to bolster the operations of blockchain energy firm, 4NEW. The plans in question, are not traditional coal power plants, nor are they of the nuclear persuasion, instead, Datta has managed to secure two ‘waste to energy’ power plans, which use Anerobic Digestion Technology to convert household waste into electricity.

2018-6-16 15:00


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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.

2018-6-13 20:24


Фото:

Regulations Round-Up: SEC “Underwhelmed” by Exchanges’ Reporting, Quebec Halts New Mining Operations Again

In recent regulatory news, Brett Redfearn, the director of the United States Securities and Exchange Commission (SEC)’s Division of Trading and Markets, has described the self-reporting efforts of cryptocurrency exchanges as “underwhelm[ing],” Hydro-Quebec has again suspended new applications from mining companies seeking to operate in the province, and the SEC has published a new page […] The post Regulations Round-Up: SEC “Underwhelmed” by Exchanges’ Reporting, Quebec Halts New Mining Operations Again appeared first on Bitcoin News.

2018-6-12 16:24


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Major Bitcoin miners spent $3.6 billion on infrastructure

Bitcoin miners’ major player has announced their third-quarter financial report, resulting in billions of dollars in funding and spending. According to TheMinerMag, on Nov. 28, key players in the cryptocurrency and Bitcoin mining industry published their financial reports. Since the…

Marathon Digital urges US to adopt Bitcoin reserve in open letter

Marathon Digital Holdings issued an open letter urging the United States to establish a strategic Bitcoin reserve.  The open letter outlined why Bitcoin (BTC) and its mining infrastructure are vital to maintaining economic and geopolitical stability in a shifting global…

US detaining Bitcoin mining equipment at border: report

U.S. Customs and Border Protection, at the request of the Federal Communications Commission, has been detaining imports of Bitmain’s Antminer ASIC miners at ports nationwide for up to two months. The delays have impacted seven U.S.-based Bitcoin (BTC) mining companies…