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To Sell or Not to Sell: That Is No Longer The Question For Miners

Today, cryptocurrency mining operators could benefit from taking out loans while using their mined coins as collateral to cover their expenses and persevere during the current bear market.   Miners Can’t Hodl…or Can They? Large-scale miners have enormous fixed costs, which they must pay regardless of the price their mined coins are currently worth. дальше »

2018-9-11 22:00


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Washington State Utility Increases Power Rates for Bitcoin Mining

Due to Grant County’s lower power cost that comes from the local hydroelectric plant, many cryptocurrency mining operations have flocked to Washington state. However, their luck is bound to change as the Grant County Public Utility District (PUD) recently announced a rate hike for electricity used by cryptocurrency mining farms by as much as threefold, the International Business Times reported...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »

2018-9-7 15:00


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Crypto Miners Receive Approval from New York for Favorable Electricity Rates

New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. These requests come mainly from similar types of potential customers: server farms, generally devoted to data processing for cryptocurrencies. What is your response to the introduction дальше »

2018-7-14 06:36


China Floods Wipe Out Crypto Mining Farms, Bitcoin Hashrate Drops

The cumulative hashing power dedicated toward Bitcoin took a hit this week after extensive flooding of mining centers in Sichuan, China. Eric Meltzer, a partner at China-based blockchain focused fund INB, published a tweet on June 29, 2018, depicting mining hardware destroyed by flooding within the Sichuan region: Rumors that a huge flood in Sichuan took […] The post China Floods Wipe Out Crypto Mining Farms, Bitcoin Hashrate Drops appeared first on CryptoSlate. дальше »

2018-7-2 17:00


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Bitcoin Inside: Crypto Mining Farm to Open in Former Intel Facility

California-based 3G Venture II has paid $13 million for a significant portion of an old Intel chip plant in Colorado Springs, which it intends of turn into a new bitcoin mining operation. Mining Farms Opening Around the World Miners have been flocking to cities that offer cheap electricity to reduce costs and increase profits, and it looks like Colorado Springs may join the list. дальше »

2018-6-23 07:00


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