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Crypto Mining Firms Could Use Utility’s Underutilized Peak Load Capabilities to Power Their Operations
Crypto mining is a very energy-intensive activity demanding ridiculously huge amounts of electricity. For utility companies, this presents an opportunity to bag a huge amount of revenue if a crypto mining firm decides to put up shop in its area. дальше »
2018-8-31 14:49 | |
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Bitmain Adds Ethereum and Ethereum Classic to its BTC.com Mining Pool
The most valuable crypto firm in the world, Bitmain, has revealed that its BTC.com subsidiary will soon open Ethereum and Ethereum Classic mining pools. The post Bitmain Adds Ethereum and Ethereum Classic to its BTC.com Mining Pool appeared first on CoinSpeaker. дальше »
2018-9-1 14:11 | |
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Research: Illicit Crypto Mining Becomes Rising Threat as Criminals Turn to Sophisticated Methods
Illicit cryptocurrency mining attacks are showing no signs of slowing down, with IT security firm Trend Micro reporting a 956 percent jump in such attacks since the start of 2017. Crypto Prices Fall, Attacks Do Not In a Mid-Year Security Roundup, Trend Micro researchers found over 787,000 instances of malicious cryptocurrency mining, popularly known as […] The post Research: Illicit Crypto Mining Becomes Rising Threat as Criminals Turn to Sophisticated Methods appeared first on CryptoSlate. дальше »
2018-8-31 10:00 | |
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Bitmain Subsidiary BTC.Com To Launch Ethereum (ETH) Mining Pool
While prices may be down in the gutter, the mining industry is still growing at a rapid pace, with firms like Bitmain, Canaan, EBang, and others doing their best to excel in the face of an overall market downtrend. дальше »
2018-8-30 22:03 | |
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Nchain Publishes Bitcoin SV Alpha Release
Over the course of the last two weeks, many Bitcoin Cash (BCH) proponents were waiting for the firm Nchain to publish its Bitcoin SV codebase. Then on Wednesday, August 29, the company published its alpha release in order to show the code to miners and pool operators. дальше »
2018-8-30 08:55 | |
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South Korea’s KDB Bank Report Highlights North Korea’s Crypto Mining Activity
Korean Development Bank Report Shows North Korea’s Intent To Enter Crypto Industry Korea Development Bank has issued a recent report that shows local media sources confirming that North Korea has been mining for cryptocurrency. дальше »
2018-8-28 20:00 | |
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DPW Holdings New Hydroelectric Dam Is A Crypto Mining Revolution
Valatie Falls Hydroelectric Dam, New York, is set to see a new life within cryptocurrency mining, after firm DPW Holdings Inc made a bid to purchase the aging dam in March 2018. This will see a new cryptocurrency mining branch open up within DPW Holdings, a brave move considering the falling profitability of cryptocurrency mining as a result of depleting values from currencies such as Bitcoin and Litecoin and of course, an increase in the price of energy and mining equipment. дальше »
2018-8-28 14:00 | |
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Report Finds Mining Activity and Bitcoin Exchange Development in North Korea
A report by South Korea’s state-run Korea Development Bank (KDB) suggests that North Korea has been mining cryptocurrencies, according to local media. In addition, a technology firm in the country is developing an exchange platform for bitcoin, while average citizens of North Korea have little knowledge of cryptocurrency, the report claims. дальше »
2018-8-28 07:45 | |
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Norwegian Bitcoin Firm Faces Potential Shutdown Over Noise Levels
Bitcoin mining can be a lucrative venture under the right circumstances. Most countries around the world lend themselves to this type of activity, including Norway. Unfortunately, it seems one particular operation may be shut down because it is generating too much noise for surrounding residents. Noise Is an Issue for Bitcoin Miners When it comes […] дальше »
2018-8-25 01:00 | |
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BTC Mining Firm Soluna Plans 37k-Acre Sahara Wind Farm
Soluna, a blockchain mining company, plans to build a 37,000-acre wind farm in the Sahara desert to provide clean renewable energy for BTC mining. Soluna is currently in talks with the Moroccan government to construct a wind farm that can generate 900 megawatts of energy, every year. дальше »
2018-8-25 23:12 | |
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Russia’s Leningrad Region Unveils the Largest Crypto Mining Farm
The Leningrad region crypto mining facility is built at an investment cost of 500 million rubles (US $7. 3 million) and has more 3000 mining machines installed with an energy capacity over 20mW. Cryptouniverse Builds the Largest Mining Farm On Monday, August 20, the government of Russia’s Leningrad region inaugurated “the largest data processing center in Russia, designed to extract digital currency – Bitcoin,” reports local publication Chianing. дальше »
2018-8-24 04:00 | |
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Bitmain Unveils New 18 Terahash Water-Cooled Bitcoin Miner
On August 23, the China-based firm Bitmain Technologies revealed the company’s latest mining device, the Antminer S9 Hydro. The newly manufactured rig is a water-cooled SHA256 miner that commands a hashrate of around 18 trillion hashes per second (TH/s). дальше »
2018-8-24 22:45 | |
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Hackers Are Still Cryptojacking Smartphones to Mine For Cryptocurrencies
Security experts recently discovered that hackers are now mining for cryptocurrencies using smartphones. On August 22, 2018, The Daily Mail reported the growing problem and highlighted the need to protect users’ smartphones. дальше »
2018-8-23 00:00 | |
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Bitmain CEO Jihan Wu: ICO’s Constitute “Unsustainable Financial Bubble”
Cryptocurrency, Initial Coin Offerings (ICOs)–Jihan Wu, founder and CEO of the world’s largest cryptocurrency mining firm, has come forth with a rather scathing opinion on the current model of investing in coin projects. дальше »
2018-8-23 23:33 | |
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Vague Claims from the Bitmain Pre-IPO Investor Deck Are Adding Up
Bitmain Investor Deck – Vague and Misleading Statements Chinese mining giant Bitmain Technologies is getting ready for its IPO and rumor has it that the least of investors is potentially misleading. Cointelegraph discussed the matter with Henry Wu, an attorney and legal expert at Chinese law firm L&Y. Wu explained that Bitmain’s original list is […] дальше »
2018-8-22 21:03 | |
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Report: Bitmain is losing its monopoly over cryptocurrency mining
Bitmain, the China-based cryptocurrency mining behemoth, has acquired the status of a legend in the industry, with a ton of mystery surrounding its operations. The company is undoubtedly one of the most profitable cryptocurrency businesses in the world. дальше »
2018-8-22 15:55 | |
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Bitmain Pre-IPO Investors List Deemed False as Tencent and Softbank Dispute Claims
Chinese crypto mining firm, Bitmain has revealed details regarding its pre-IPO (i. e. Initial Public Offering) as well as the involvement of several other firms. However, according to Coin Desk’s report, some of the mentioned involvement does not exist. дальше »
2018-8-21 21:29 | |
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KryptoVault Cryptocurrency Mining Firm Receives Bomb Threat over Noise Complaints
In Response to its Noise Levels: A Norwegian Crypto Mining Company Receives a Bomb Threat Mining can be a truly loud experience for anyone that's ever been near a mine, but apparently, for a number of very agitated individuals, one particular Norwegian Cryptocurrency mining company was going beyond the pale. It was reported this week […] дальше »
2018-8-18 20:56 | |
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November BCH Upgrade Discussion Heats Up After Bitcoin SV Full Node Announcement
Blockchain development firm Nchain has announced the company’s plans to launch a new Bitcoin Cash full node client called ‘Bitcoin SV. ’ Lead developer Daniel Connolly has published the specifications for re-enabling old opcodes for the November 2018 BCH upgrade. дальше »
2018-8-18 03:35 | |
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Crypto Mining Firm Receives Bomb Threat Over Noise Level
A bomb threat was sent on Saturday to Kryptovault, a Norwegian cryptocurrency mining company, for disturbing the peace. дальше »
2018-8-17 18:45 | |
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Norwegian Bitcoin Mining Firm Receives Bomb Threat for Ruining Peace and Quiet
Kryptovault Cryptocurrency Mining Operation Receives Bomb Threat A recent reporting by news outlet, Vakdalposten, covered what seems like a bomb threat directed towards crypto mining firm, Kryptovault. дальше »
2018-8-17 16:44 | |
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Nchain Plans to Launch a BCH Full Node Client Called ‘Bitcoin SV’
On Thursday, August 16 the blockchain research and development firm Nchain has officially announced a new Bitcoin Cash (BCH) full node implementation is in the works called Bitcoin SV (Satoshi’s Vision). дальше »
2018-8-16 20:00 | |
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Mining startup dumps unprofitable users, blames it on Bitcoin price drop
Popular cloud based cryptocurrency mining service, Genesis Mining, is calling it time on lower tier Bitcoin mining contracts after claiming they’ve become a pointless endeavor. In a Genesis Mining blog post (spotted by Cryptovibes), the cloud mining firm stated that it will no longer continue to support its lower tier Bitcoin contracts. дальше »
2018-8-16 16:34 | |
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Squire Partnership Gives Coingeek Exclusive Rights to 10nm ASIC Chip
On Wednesday, August 15, blockchain firm and mining organization Coingeek, led by entrepreneur Calvin Ayre, announced that the company has signed a deal with Canada-based Squire Mining Limited. Coingeek details the company will have exclusive rights to Squire’s new ASIC chips and mining rigs that mine bitcoin cash (BCH) and a variety of other cryptocurrencies. дальше »
2018-8-16 03:05 | |
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Vietnamese Government Bans Mining Hardware Imports
Following a high-level proposal in July to ban the importation of all cryptocurrency mining equipment into Vietnam, the Vietnamese Customs Department has announced a total ban on all mining rig imports, according to a local news outlet. дальше »
2018-8-16 21:58 | |
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Mining Giant Bitmain Faces “Exit Scam” Allegations ahead of IPO
Bitmain, the Chinese mining conglomerate, is raising eyebrows ahead of its IPO in August 2018 after critics pointed out the firm is holding vast amounts of Bitcoin Cash (BCH). The company’s founder, Jihan Wu, is a popular proponent of the controversial Bitcoin hard fork. дальше »
2018-8-14 22:00 | |
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Coingeek Speaks on Consensus Changes and Next-Gen ASIC Chip
Last week, news. Bitcoin. com reported on the proposed consensus changes published by the Bitcoin ABC development team, and the opposition towards certain elements of that proposal from a few BCH community members. дальше »
2018-8-13 18:50 | |
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Cryptocurrency Mining Firm Soluna to Build a 900-Megawatt Wind Farm in Saharan Desert
Soluna, a blockchain company began plans to create a 900-megawatt wind farm with the aim of generating power for a computer center in Dakhla in the Morocco-administered Western Sahara Desert. Initial work on the facility will begin in 2019. дальше »
2018-8-11 17:00 | |
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GMO Cryptocurrency Mining and Exchange Business Nets $2.3 Million in Q2
GMO's Q2 Profits for Crypto Business Totaled $2. 3M Recently, Japan-based IT company GMO cryptocurrency miner and exchange announced that it had made an operating profit worth 255 million yen (approximately $2. дальше »
2018-8-10 23:24 | |
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Innosilicon’s T2-Turbo Bitcoin Miner is Powerful, But GMO’s B3 is Still the Champ
Bitcoin mining is a very competitive industry. It has grown exponentially over the last few years. During the last nine months, there’s been a bunch of new entrants joining the mining rig manufacturing business like GMO Group, Halong Mining, and Ebang. дальше »
2018-8-7 23:35 | |
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Investors Petition for the Extradition of Sky Mining CEO Accused of Crypto Mining Scam
Nearly a thousand people have signed a petition for the extradition of Leh Minh Tam, the CEO of Sky Mining, a cryptocurrency mining firm based in Ho Chi Minh City. The signatories are calling for Tam’s deportation from the United States following allegations that he fled after defrauding investors of $36 million. дальше »
2018-8-5 17:00 | |
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$32mil Raised by Mining Company Listed on London Stock Exchange
Idealistic startup Argo Blockchain PLC, a mining company, is the first cryptocurrency-related firm to sit on the prestigious London Stock Exchange. In only its initial trading day, Argo raised $32 million, earning a $61 million valuation in the process. дальше »
2018-8-5 10:00 | |
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Bitcoin Mining Firm Begins Building Its Own Power Substation
Cryptocurrency mining has gotten a bad reputation over the years. Experts and analysts often point to the vast electricity usage associated with this business. To counter those concerns, DMG Blockchain is now building its own electrical substation. дальше »
2018-8-4 18:00 | |
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The Launch Of A New A.I. Enabled TV Makes Mining Bitcoin Easy Again
Canaan creative, a Beijing based Bitcoin mining firm who prides itself, as the second largest manufacturer of Bitcoin technology in the world, has announced the launch of a television set, that allows the audience to watch the Bitcoin, as its mined. дальше »
2018-8-4 00:10 | |
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Bitmain Made $1B in Q1 Profit, Valued at $14B
The crypto mining business has become a multi-billion dollar industry, and one company has had the lion’s share. Bitmain Technologies has dominated the mining hardware manufacturing industry, and according to a new report, the firm is now valued at over $14 billion. дальше »
2018-8-2 01:00 | |
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In A Bid To Expand, Bitmain Set To Open In Texas
Bitmain a crypto mining giant to start a data centre in small Texas town, as the city’s economy is being revived and Bitmain strengthens its hold in North America. Bitmain is a Chinese crypto mining firm and designer of ASIC chips, and it also operates Antpool. дальше »
2018-8-1 20:52 | |
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Crypto Mining Fraud Unveiled in Vietnam, CEO of the Company Absconds
A new cryptocurrency fraud in Vietnam was unveiled recently when investors and board members of Sky Mining, a cryptocurrency mining firm, alleged that they have been unable to reach the company’s CEO, Le Minh Tam. дальше »
2018-7-31 17:49 | |
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Genesis Mining, The Leading Cryptocurrency Cloud Mining Firm, To Reopen Its Operations In South Carolina
Genesis Mining recovered its permits to operate in South Carolina after the South Carolina Securities and Exchange Commission issued an order in March this year for the leading cryptocurrency cloud mining firm and its subsidiaries to cease operations in the state. дальше »
2018-8-8 13:57 | |
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