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Iceland’s Bitcoin Mining Industry Losing Allure, Interest Now Shifting to Core Blockchain Technology

Iceland has been a hotbed for bitcoin and other cryptocurrency miners due to its very cold climate and the availability of cheap power supply. However, 2018 has seen a shift of interest from bitcoin mining to core blockchain ventures in the country, partly due to the slump in the price of bitcoin, reported  Red Herring on September 23, 2018. дальше »

2018-9-25 09:00


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New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner

Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic. дальше »

2018-9-15 01:22


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BitMEX Reports Bitmain Needs Efficient Management to Reach ‘Legendary’ Status

The research arm of Bitcoin Mercantile Exchange (BitMEX) recently analyzed leaked data about mining giant Bitmain to pinpoint fallacies and other investor accusations toward the mining business. Bitmain a Potential ‘Legend’ BitMEX researchers defined Bitmain, which is valued at $8 billion ahead of its public listing in Hong Kong, a technology player with “legendary” potential, […] The post BitMEX Reports Bitmain Needs Efficient Management to Reach ‘Legendary’ Status appeared first on CryptoSlate. дальше »

2018-9-1 21:00


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


Innosilicon ASICs Miner Manufacturer Join Forces with Cloudminter to Disrupt the Cryptospace

Innosilicon has announced the partnership with Canada’s Cloudminter, to develop a 300 MW mining facility in Eastern Canada. The team would start operations in Q4 of 2018. CEO of Innosilicon, Gordon AO said that: “We’re proud to partner with a leading global technology partner, to deploy our high yield mining equipment on a major scale […] The post Innosilicon ASICs Miner Manufacturer Join Forces with Cloudminter to Disrupt the Cryptospace appeared first on ZyCrypto. дальше »

2018-8-18 10:38


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Is Bitcoin Mining Going To Destroy The Planet?

Is mining Bitcoin worth the threat it poses our very existence? Whilst Bitcoin offers communities and society a chance to access a new technology and a form of value that is not regulated by the government, it’s production and mining does have a detrimental impact on the planet, yet, few people seem to recognise that this is the case, especially those scholars who are big on blockchain. дальше »

2018-8-10 06:00


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Russia Reports 15% Increase in Number of Crypto Mining Companies

The Russian crypto sector is expanding. The number of businesses operating mining facilities has increased this year, more Russians own cryptocurrency. Data confirming these trends has been presented by the country’s crypto and blockchain association, which also warned that delayed embrace of digital financial technology costs Russia a trillion rubles each year. дальше »

2018-8-2 02:50


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Mining Round-Up: Steam Game Allegedly Cryptojacks Users, Mining Could be “New Oil” for Kazakhstan

In recent mining news, indie Steam game, Abstractism, has been accused of installing malicious software on its users’ devices to mine XMR; the vice president of the Blockchain and Crypto Technology Association of Kazakhstan has advocated that the country’s administration seeks to foster the local mining industry; and the commissioners of the Franklin Public Utility […] The post Mining Round-Up: Steam Game Allegedly Cryptojacks Users, Mining Could be “New Oil” for Kazakhstan appeared first on Bitcoin News. дальше »

2018-7-31 02:45