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Israeli Court Affirms Bank Should Not Have Shut Down Crypto Mining Farm’s Account For Money Laundering
Israeli Court Affirms That Bank Should Not Have Shut Down Mining Farm’s Account An Israeli court has recently ruled in favor of a Bitcoin mining farm which had its banking account closed down by a local banking institution over concerns of money laundering. дальше »
2019-3-19 23:13 | |
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Bitcoin mining profits rise for first time in over a year
Despite news in recent months that cryptocurrency mining establishments have been shutting down, or ending contracts, profits earned from Bitcoin mining have begun to rise, blockchain research group Diar reports. дальше »
2019-3-5 17:51 | |
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Today’s Cryptocurrency News: A Look at the Top Headlines Across Bitcoin and Blockchain
Crypto Bear Market Caused Nearly 1 Million Bitcoin Mining ASICs in China to Hibernate but May Be Back Online Soon The crypto winter has been strenuous for the entire industry, from investors to miners to exchanges. дальше »
2019-3-3 07:06 | |
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Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto
There are many keywords in blockchain, but few spark as much emotion as “decentralization. ” For many of us, it was the dream of decentralization that inspired us to embark into the industry in the first place — the driving force encouraging us to explore the many industries and practice areas that could be positively impacted by this technology. дальше »
2019-3-1 19:43 | |
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In the Daily: Coinhive Closedown, Eos Heist, Crypto Entrepreneur Arrested
In this edition of The Daily, the creator of the in-browser crypto mining software Coinhive is closing down due to the low prices of monero and its forks. Also, $7.7 million of Eos has been stolen by a hacker and the crypto entrepreneur behind the money-throwing stunt in Hong Kong last year has been arrested […] The post In the Daily: Coinhive Closedown, Eos Heist, Crypto Entrepreneur Arrested appeared first on Bitcoin News. дальше »
2019-3-1 16:05 | |
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Coinhive Says it Is no Longer “Economically Viable” and Shuts Down
The crypto winter has claimed yet another firm as Coinhive announced on February 26, 2019, that they would be discontinuing their services from March 8, 2019. Saying Goodbye Perhaps the most apparent after-effect of the crypto crash of 2018 was the near-immediate decline in the mining sector. дальше »
2019-3-1 10:00 | |
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Coinhive To Shut Down Mining Operations In March
It’s something unpredictable, but in the end it’s right, this malvertiser had the time of its life.
дальше »2019-3-1 22:41 | |
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Controversial Monero Miner Coinhive Is Shutting Down
Coinhive, a well-known Monero mining service, is about to shut down due to declining profits. Coinhive’s distinctive feature was the fact that it could be embedded in a web page, where it would quietly run in the background. дальше »
2019-3-1 19:33 | |
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How The Demise of a Crypto Scourge Will Benefit The Industry
The prolonged crypto bear market has hit a number of high profile companies such as Bitmain and ConsenSys but even the purveyors of the world’s most popular mining malware have felt the squeeze. The notorious Coinhive mining service is shutting down as it is no longer economically viable. дальше »
2019-2-28 11:00 | |
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Crypto Mining Service Coinhive to Shut Down Operations in March
Cryptomining service Coinhive will discontinue its operations in March 2019, since it has reportedly become economically inviable
дальше »2019-2-28 02:00 | |
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Will This Vulnerability Finally Compel Bitmain to Open Source Its Firmware?
As if Bitmain’s year hasn’t been rough enough, having posted big losses and laying off entire departments, its flagship product now has a firmware vulnerability. A few weeks ago, Bitcoin Core contributor James Hilliard discovered an exploit in Bitmain’s S15 firmware. дальше »
2019-2-21 23:44 | |
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$1.3 Million Bitcoin Scam Swindles Victims in Thailand. Are Tougher Crypto Regulations Necessary?
A virtual bitcoin mining farm in Thailand has allegedly scammed users out of 42 million baht (approximately $1. 35 million), according to a report in the Bangkok Post. 30 victims have filed a complaint against the company, CryptoMining. дальше »
2019-2-19 13:41 | |
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Bitmain Gets Down With Energy-Efficient ASIC Mining
The mining giant has a new ASIC chip. Will it help the company turn its fortunes around?
дальше »2019-2-19 02:01 | |
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Bitmain Unveils Its Latest Energy-Efficient Mining Chip for Bitcoin
China-based mining giant Bitmain has announced a new mining rig that uses less power. The hardware mining manufacturer has launched a 7nm application-specific integrated circuit (ASIC) processor dubbed the BM1397. дальше »
2019-2-19 00:53 | |
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This Chinese Crypto Mining Guru Predicts the Bitcoin Price Will Surge 20,000%
A Chinese crypto mining pool founder predicted that the next bull run would unleash the market’s full potential, enabling the Bitcoin price to ascend to unfathomable heights before the euphoria cools down. дальше »
2019-2-17 03:12 | |
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UK’s Argo Blockchain to Close Cryptocurrency Mining-as-a-Service (MaaS) Contracts by April
If there’s any sector of the crypto community that has felt the effects of the bitcoin price crash, it is the mining industry, which saw many prominent firms close down and those that have survived thus far have been forced to undergo major operations changes. One of such firms is Argo, a British crypto mining […] дальше »
2019-2-15 20:23 | |
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Electroneum Price Surges as iOS Mining app is Launched Globally
The coming weekend will prove crucial for a fair few cryptocurrencies. All eyes will be on Bitcoin first and foremost, as that market controls everything else. Further down the rankings, Electroneum is also on a good run right now. дальше »
2019-2-2 23:57 | |
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Organized Crime: 60% of Cryptocurrency Hacks Carried Out By 2 Groups
According to a new report by Chainalysis, 60 percent of cryptocurrency hacks (over $1 billion) were carried out by just two professional groups. Cryptocurrency Hacks Are a Centralized Affair If you were already disgruntled by claims of market manipulation and centralized mining, you really won’t like this. дальше »
2019-1-30 20:00 | |
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BloqLabs Introduces Cryptocurrency Mining Management System
BloqLabs has opened up the beta waitlist for Titan, a fully integrated software suite for managing cryptocurrency mining. The project was introduced by Bloq CEO and co-founder Jeff Garzik onstage during a brief speech at Binance Fair in Singapore in an overview discussion of BloqLabs. дальше »
2019-1-24 20:20 | |
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Bitcoin Should Look Away From PoW says BIS Report
The Bank for International Settlements has suggested that the Bitcoin Network discontinue using Proof-of-Work (PoW) because it is expensive and once block rewards from mining bitcoin decrease, the network will slow down, this according to a BIS report published January 21, 2019. дальше »
2019-1-23 13:00 | |
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New Bitmain Blog Post Suggests a Positive Outlook for the Crypto Mining Leader’s 2019
Bitmain, a cryptocurrency mining firm that is based in Beijing, has been majorly popular recently for its firings of about 50% of the staff. However, in a recent blog post, it does not look like they are allowing this to take down their year. дальше »
2019-1-22 22:15 | |
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Washington State County Doubles Down on Cryptocurrency After Mining Bust
After the boom, backlash, and (partial) bust of Bitcoin in central Washington, one might expect an aversion to the technology. But instead, one authority wants to capitalize on the resources left in the aftermath, to promote new growth in blockchain. дальше »
2019-1-20 16:00 | |
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Bearish Crypto Market Claims Another Victim in Mining Space
The long-running bearish sentiment of cryptocurrency market has claimed another victim. Giga Watt, a US-based Bitcoin mining firm, sent an email to its customers, stating that it has decided to close down operations. дальше »
2019-1-18 18:06 | |
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Mining Closures Reveal Recurring Bitcoin Bear Market Trend
Another bitcoin miner this week shut down its operations, though the news didn’t come as much of a shock. The latest closure, of U. S. -based Giga Watt which went bankrupt last year, follows a trend among large mining operations that stretches back years. дальше »
2019-1-18 09:35 | |
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What does potential Bitmain fall mean for Bitcoin?
Chinese cryptocurrency mining company Bitmain has been struggling mightily over the last couple of months; bad investments, rising competition and leaving CEO’s have been among the main defining characteristics of the project throughout this time frame. дальше »
2019-1-15 08:33 | |
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Bitmain Continues to Downsize Amid Management Restructuring Reports
Chinese crypto mining juggernaut Bitmain has taken a substantial hit in the recent crypto crash, leading to negative consequences for the company on many fronts. Just today, a source has confirmed with Bitcoin Magazine that the company is shutting down its offices in Amsterdam. дальше »
2019-1-15 00:45 | |
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China-Based Bitmain Crypto Mining’s Expansion Retreats Again as Amsterdam Operation Closes
The Chinese cryptocurrency mining giant Bitmain has closed another overseas office located in Amsterdam. The decision is part of a wider plan to adjust its business after a bear market that affected the whole crypto market during 2018. дальше »
2019-1-14 21:46 | |
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Bitmain Crypto Mining Juggernaut is Facing an Uncertain Future With Ongoing Crypto Bear Market
It's usually not good news to hear that members of a company's leadership will step down, for any member of a tech company, it would be a death sentence for its share value. But for Bitmain, not one, but two will be stepping down. дальше »
2019-1-14 23:28 | |
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Mongolia Will See At Least 1000 New Bitcoin Miners In 2019
Participants in Mongolia’s Bitcoin mining industry plan to significantly expand the scope of their operations, local media report January 11. Japan’s Ginco Doubles Down On Mongolia The East Asian country, known for its cheap electricity and being home to the world’s northernmost desert, will see one of its miners almost treble in size this year alone, despite the ongoing Bitcoin bear market. дальше »
2019-1-12 05:00 | |
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Jihan Wu to Step Down as CEO of Bitmain, Taking On Limited Role
China-based mining giant Bitmain has been experiencing major changes over the past few months, and now it seems that those changes have finally made their way to the company’s key figures. дальше »
2019-1-12 20:33 | |
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Crypto Mining Giant Bitmain to Appoint New CEO, Texas Plant Plans Shelved
The bear market of 2018 has hit crypto mining companies particularly hard as mining on certain types of hardware is no longer profitable. Falling prices and hashrates have dropped difficulty somewhat but not enough to prevent the founders of the world’s largest mining company to step down as it readies to appoint a new boss. дальше »
2019-1-10 13:00 | |
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Japanese E-commerce Giant DMM Quits Crypto Mining
CoinSpeaker Japanese E-commerce Giant DMM Quits Crypto Mining The current market conditions have made Japanese e-commerce conglomerate DMM.com Ltd. Take a decision to shut down its crypto mining business. Japanese E-commerce Giant DMM Quits Crypto Mining дальше »
2019-1-3 12:45 | |
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Top Bitcoin Market Analyst Says Bitmain’s Mining Operations Shutdown Will Not Affect the Industry
Bitmain, one of the largest crypto mining companies in the market has been affected by the bear trend in the industry. According to some reports, Bitmain could be shutting down its mining operations. дальше »
2019-1-2 22:25 | |
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Abkhazia Temporarily Shuts Down 15 Mining Farms
Authorities in Abkhazia have cut off 15 mining facilities from the territory’s electrical grid. The short-term measure is meant to alleviate power shortages during the cold winter months. The operators of the farms have fully cooperated with the local electric utility. дальше »
2019-1-2 21:40 | |
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Bitcoin Mining Difficulty Adjusts 10% Upwards For the First Time in Months
Bitcoin continues to stabilize its network activity with a return to upward difficulty adjustments after hash rate reversed its decline last month. Bitcoin Continues To Police Itself Data from statistics resources Blockchain and Bitcoin Wisdom confirms that the Bitcoin network’s most recent difficulty adjustment was up, not down, by just over 10 percent. дальше »
2019-1-1 17:00 | |
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How Could Nvidia’s Crypto Mining Business Worsen? A Class Action Lawsuit as GPU Demand Collapses
According to the Graphic Processing Unit development company, and graphics cards designer, Nvidia is going from bad to worse as it sees less that positive returns on its GPU sales for cryptocurrency mining. дальше »
2018-12-31 20:36 | |
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Bitcoin Miners Eviscerated: Japan’s GMO Shuts Down Cryptocurrency Mining Hardware Division
GMO Internet, a major Japanese-based technology company, has shuttered its division responsible for designing and manufacturing mining chips. Mounting losses from a weak cryptocurrency market resulted in the sudden decision. дальше »
2018-12-28 10:20 | |
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Bitmain Reportedly Will Sack More Than Half of Workforce
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »
2018-12-29 21:20 | |
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Bitcoin Companies Purge: Bitmain and Huobi Lay Off Workers
The crypto-winter is affecting billion-dollar players in the cryptocurrency market. After the much-publicized layoffs at ConsenSys, SpankChain, and Steemit, mining equipment manufacturer Bitmain is reportedly cutting down 50 percent of its total workforce, alongside shutting down its entire Bitcoin Cash (BCH)-focused division. дальше »
2018-12-27 05:04 | |
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Crypto Analyst Alex Kruger Thinks Ethereum’s Constantinople Will Hurt The ETH Mining Business
Miners Won’t Be Able To Work For Much Longer With Ethereum, According To A Market Analyst Alex Kruger The bearish market has already brought down faith in Bitcoin for many users, and their mining scene isn’t doing too swell either. дальше »
2018-12-21 23:00 | |
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Despite undergoing a lower rate of Cryptocurrency adaptation, illegal Crypto Mining is a big business in Africa
Africa (countries in Africa) just like many other countries are still yet to fully adopt the technology of cryptocurrency and the major reason for this can be traced down to law enforcement organizations who are still uncertain on what to categorize cryptocurrencies as and where exactly the digital currencies fall into. дальше »
2018-12-20 23:38 | |
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Bitcoin Mining 2019 and Beyond: What to Expect from Crypto Miners with a Bear Market Landscape?
During this long bear market that has affected most of the virtual currencies in the space, miners have been severely damaged. Some companies had to close their farms, shut down their operations or just sell their miners. дальше »
2018-12-19 19:57 | |
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Decentralized Streaming DApp Livepeer as a Case Study for the Profitability of Generalized Mining
A new report published by the digital asset investment fund, Vision Hill Advisors, is making a case for the financial advantages investment funds can garner when participating in a cryptosystem in the context of generalized mining. дальше »
2018-12-17 12:00 | |
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