Kazakhstan Plans to Pump Over $700 Million in the Crypto Mining Sector

2020-9-3 23:00

Kazakhstan cryptocurrency mining sector might be seeing a boost with the government looking to invest over $700 million in the sector. Kazakhstan’s Crypto Mining Industry Getting Government Support According to Reuters, the Digital Development Minister of Kazakstan, Bagdat Mussin, announced the government’s interest in investing $714 million in the crypto mining sector.

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Источник: btcmanager.com

mining sector → Результатов: 89

Marathon Digital Follows MicroStrategy’s Lead with $300M Bitcoin Purchase Amid Mining Sector Woes

In a strategic pivot reminiscent of Michael Saylor’s approach, Marathon Digital has raised $300 million through convertible notes to purchase over 4,000 bitcoins, signaling a shift from mining investment to direct Bitcoin acquisition in response to declining profitability within the mining sector.

2024-8-30 10:54	News
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Crypto mining sector now has a lobby in Washington

DEC founder and President Tom Mapes said he sees crypto mining firms as energy companies of the future. The mining sector has been at the receiving end of several actions by the U.S. governmentThe post Crypto mining sector now has a lobby in Washington appeared first on AMBCrypto.

2023-8-16 12:00	News
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DCG invests $100 million to mine Bitcoin in North America

DCG, the venture capitalist firm that invests, buys and builds blockchain companies has entered the bitcoin mining sector. According to reports, DCG committed to investing $100 million into DCG’s wThe post DCG invests $100 million to mine Bitcoin in North America appeared first on AMBCrypto.

2020-8-27 19:23	BTC Trading View
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Venezuela Bans Bitcoin Mining Operations in the Country’s Public Housing Sector

According to the Venezuelan Minister of Habitat and Housing, the government has banned mining operations in any low-income neighborhoods with subsidized housing. Ildemaro Villarroel told the public the restrictions are due to “high power consumption” in those areas.

2020-7-19 19:30
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Crypto Mining GPU Manufacturer, NVidia Petitions Court to Toss Out $1 Billion Class Action

NVidia has petitioned the California court to dismiss the class action suit made by its investors. The lawsuit against the firm’s top brass alleges that they understated more than $1 Billion in revenue between 2017 and 2018 from crypto mining GPUs instead of owing it to the gaming sector.

2020-7-2 20:54	Legal & Regulation
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Bitmain Losing its Market Share as Customer Base Moves More and More Out of China: BitMEX Report

“Competition has tightened within the ASIC manufacturing industry,” stated BitMEX in its latest research report noticing the presence of big players like Bitmain, Canaan, Ebang, and MicroBT. According to the report, post halving, both the ASIC manufacturing and mining farm operating sector will consolidate further.

2020-6-17 22:22	bitcoin mining
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BitMEX Report Points to More Consolidation in Bitcoin ASIC Mining

The Bitcoin mining ASIC manufacturing industry is expected to further consolidate, as is the wider mining farm operating sector.

2020-6-17 14:58	Bitmain
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Mining Sector Sees Extreme Volatility Amid Coronavirus and Crash During Q1

TokenInsight reports that Q1 2020 saw significant hash rate volatility and some mining farms fell into negative performance.

2020-5-3 00:07	asic
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Binance sets foot in the mining sector with new PoW and PoS mining pool

The world’s largest cryptocurrency exchange by trading volume, Binance, announced the official launch of its mining pool service. Dubbed Binance Pool, it will offer support for both Proof-of-Work (PoW) and Proof-of-Stake (PoS) mining mechanisms.

2020-4-28 12:30	Mining
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Ripple (XRP) CEO Brad Garlinghouse Criticized by Mati Greenspan and Tuur Demeester: Here's Why

Discussion about Chinese domination in Bitcoin (BTC) mining is always among the thorniest issues for blockchain community. Even leaders of crypto sector are debating it

2020-2-18 18:12
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Ukraine Won’t Regulate Crypto Mining, Government Ministry Says

In a new manifesto, Ukraine's Ministry of Digital Transformation has indicated it won't be creating regulations for the crypto mining sector.

2020-2-10 15:35	Regulation
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Iran’s Ministry of Industries, Mining, and Trade Grant More Than 1,000 Crypto Miners Licenses

Iran is regulating crypto miners after a new licensing regime has been introduced by the country’s government. According to an official representative from the Iranian ICT Guild Organization (IIG), which is a body that represents Iran’s computing sector, the Ministry of Industries, Mining and Trade has given more than 1,000 licenses to crypto miners. The […]

2020-1-27 20:36	Legal & Regulation
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Bitcoin's economies of scale make it harder to get involved in mining

Bitcoin's constant deterrent towards true decentralization can be attributed to the centralization of mining, with several people expressing concerns over mining sector concentrating in China in partiThe post Bitcoin's economies of scale make it harder to get involved in mining appeared first on AMBCrypto.

2020-1-24 12:30	Trading View
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Tokyo-Based Zigmabit Offers Mining Rigs for Homes and Offices

Cryptocurrency mining develops rapidly like any high tech sector. Improvements in the hardware and auxiliary systems make it possible to design mining rigs that are more compact and silent than they used to be, while also profitable to run.

2020-1-15 22:15
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Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance

During the first month of the new year, the research firm Tokeninsight published its “Mining Industry Annual Research Report,” which covers the competitive bitcoin mining sector. Tokeninsight’s study highlights the fact that BTC’s hashrate increased by 80% in 2019, even though BTC’s year-over-year average price dipped by 1.

2020-1-12 00:15
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PR: Bitmain Announces Highly Anticipated World Digital Mining Summit

The World Digital Mining Summit (WDMS) hosted by Bitmain – the world’s top 10 and China’s second largest fabless chipmaker – is set to return on 8-10 October in Frankfurt with a focus towards industry investment and innovation for the mining sector.

2019-9-12 12:30
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Bitcoin miners set up in Siberia aiding network decentralization

Cheap hydroelectricity and frigid year-round temperatures have made the Siberian city of Bratsk home to several Bitcoin mining farms. By repurposing abandoned Soviet munitions factories the region could soon become a new hub for Bitcoin mining, moving hash power away from the now-dominant Chinese mining sector.

2019-9-6 09:25	Mining
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Congressional Research Service Releases Report On Blockchain Use In Energy Sector

The US Congressional Research Service has released a report titled "Bitcoin, Blockchain, and the Energy Sector" that details the current state of energy consumption related to crypto mining and explores the possibility of integrating blockchain tech into current energy systems.

2019-8-13 00:53	law and legislation
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Congressional Research Service Finds Potential Blockchain Uses for Energy Sector

Congressional researchers detailed the current state of energy consumption related to cryptocurrency mining and potential regulations for the energy-intensive process.

2019-8-13 00:30
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Are there any benefits of Dogecoin ‘merged mining’ in face of upcoming block halving?

The cryptocurrency market has been rife with developments and updates from almost every sector in a bid to ensure the digital asset industry goes mainstream. Binance, the Changpeng Zhao-led cryptocurrency exchange has been making news for quite some time now and the latest research from the organization touched on the latest upgrades within popular cryptocurrencies.

2019-7-14 13:00	News
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Bitcoin mining is largely eco-friendly says report

A report by CoinShares is providing new insight into the state of the bitcoin mining industry. Among one of the most interesting findings in the paper is that the global bitcoin mining sector is largely environmentally friendly due to the widespread use of renewable energy.

2019-6-16 16:00	BNC insights
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Bitcoin [BTC] mining: China commands hardware manufacturing sector despite fall in geographical dominance

The decade-old cryptocurrency industry has been a witness to some of the most uncertain market conditions. However, in the face of the industry’s changing dynamics and growing crypto-acceptance, concerns surrounding crypto-mining can be viewed in a new light.

2019-6-11 22:30	News
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Australian Advisory Firm to Launch $250 Mln Digital Securities Offering for Mining Sector

Major Australian capital advisory firm PCF Capital Group has chosen permissioned blockchain ecosystem KoreConX for a $250 million digital securities offering

2019-5-15 15:27	Adoption
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Top Pertinent, Pressing Things Nobody Talks About Within the Crypto Mining Industry

Despite the crypto market facing a lot of turmoil over the course of the past 12-16 months, the altcoin mining industry has continued to thrive. In this article, we will take a look at some of the most important facets of this sector which crypto enthusiasts ought to be educated about. (i) Crypto Mining is […]

2019-5-4 18:55	bitcoin mining
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Fidelity Survey Shows Institutional Investors Warming Up to Crypto Assets

Fidelity Investments made forays into the digital asset sector through mining, but now sees opportunities for direct buying on behalf of institutional investors.

2019-5-3 12:49	News
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Ripple-Partnered Bank Remains Optimistic About XRP

SBI Holdings is confident that XRP will be a successful and widely-adopted digital asset for international remittance and settlements, possibly becoming a leader of the Virtual Currencies sector. In its 2018 Fiscal Year (FY) report, published last Friday, SBI provided a financial overview of its virtual currency ecosystem, which includes Proof-of-Work (PoW) mining activities as […] The post Ripple-Partnered Bank Remains Optimistic About XRP appeared first on Crypto Briefing.

2019-4-30 20:57	XRP
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Iran’s First Ever Bitcoin ATM Unveiled in Tehran

On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran.

2019-4-27 21:31	Adoption & community
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Chinese draft proposal seeks to eliminate crypto-mining activity, terms it ‘undesirable and wasteful’

China is moving towards discouraging cryptocurrency mining in the region. In an all-new draft proposal, the latest industry under the scanner is cryptocurrency mining. According to the proposal by the National Development and Reform Commission [NDRC], crypto-mining is flagged as an “undesirable industry”.

2019-4-10 21:30	Cryptocurrency News
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Staking Is the New Mining — How People Make Money in Crypto These Days

The cryptocurrency sector has been stuck in the throes of winter, with price action consistently falling since January 2018.… The post Staking Is the New Mining — How People Make Money in Crypto These Days appeared first on Invest In Blockchain.

2019-4-10 19:28
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A Crypto Blessing: China’s Plan to Ban Bitcoin Mining Will Work Wonders

The National Development and Reform Commission (NDRC) revealed its intent to eliminate the bitcoin and crypto mining sector immediately in its guidance for adjustments to industrial structure published on April 1.

2019-4-9 15:51	Bitcoin
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Newly Transitioned Bitcoin Mining Company, Riot Blockchain, Posts Over $50 Million Loss In 2018

Riot Blockchain Records $58 Million Loss For 2018 Since the bear market began, several firms across the crypto and Blockchain industry have reported significant losses. However, the section of the industry that seems to have been hit the worst in the mining sector with many firms closing down, letting go of their staff, trying to […]

2019-4-3 21:18	News
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The fall of Bitmain: Canary in the crypto mine?

As the crypto winter continues there is no higher-profile casualty than Chinese mining company Bitmain. Despite generating record profits in 2017 and early 2018, the company has been forced to downsize, closing offices and letting 50% of its workforce go.

2019-3-15 22:00	BNC insights
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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.

2019-3-1 10:00	XMR
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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 […]

2019-2-15 20:23	News
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Grin Coin Code Review: A Fresh Slice Of Mimblewimble

Grin Coin is a community-based project that launched with no “funny business”. It’s natively private, lightweight, resistant to ASIC mining, and it has made a big impact on the crypto sector despite the ongoing bear market.

2019-2-1 20:18	mimblewimble
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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.

2019-1-24 20:20	Mining
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Overview of the Crypto Mining Industry in 2018: Will the Struggles Extend to 2019?

Major mining conglomerates in the crypto sector recorded large losses in 2018, struggling to deal with market conditions. Can they recover this year?

2019-1-10 14:31	Samsung
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Hodler’s Digest, Dec. 24–30: Top Stories, Price Movements, Quotes and FUD of the Week

A South Korean court rules in favor of Bithumb, GMO Internet leaves the crypto mining production sector, and more in this week’s Hodler’s Digest

2018-12-31 21:25	ICO
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GMO Internet Group exits cryptocurrency miner production

Japanese internet giant GMO Internet Group is quitting the cryptocurrency mining hardware sector, according to a public document. Citing extraordinary loss in Q4 this year, GMO said that it will “no longer develop, manufacture and sell” miners.

2018-12-26 18:00
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Energy Incentives Make Bitcoin Mining a Natural Fit for B.C., Canada

When it comes to bitcoin mining, Canada is a natural. A temperate climate helps to keep mining equipment cool, and plentiful renewable energy from hydroelectric dams gives Canadian provinces like British Columbia a natural advantage with cheaper electricity costs.

2018-12-22 21:41	Mining
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Kaspersky Labs Report: Excessive Blockchain Hype to Disappear in 2019

The crypto sector saw most of the expected security attacks, with more hidden mining and cryptojacking expected.

2018-11-27 20:56	News
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Is At-Home GPU Mining Dying?

On November 14, 2018, quantitative trading firm Susquehanna published a report on the state of the digital currency mining sector. More specifically, the report focused on the Ethereum network and its steep decline in profitability.

2018-11-27 18:00	Mining
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Sweden Braces For Migrant Caravan Of Norwegian Bitcoin Miners

Data center managers in Sweden are expecting a deluge of inquiries from cryptocurrency mining operations in Norway. The Norwegian authorities this week revoked energy tax subsidies for the sector, throwing the future of many companies into doubt.

2018-11-24 15:00	sweden
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Crypto Really Is Cool in Israel

Cryptocurrencies and blockchain tech have taken the stage in Israel. The country’s first dedicated cryptocurrency investment company has launched two funds, expecting to raise $50 million in assets under management.

2018-11-20 09:00
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Israeli Cryptocurrency Mining Firm Files for Canadian IPO after 6,500 Percent Gains in Tel Aviv Stock Indices

Last week, cryptocurrency mining company Bitfarms filed a preliminary prospectus with the Ontario Securities Commission (OSC) in a bid to offer public shares on one of Canada’s most prominent bourses, reported Calcalistech on November 12, 2018.

2018-11-15 04:00	Regulations
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BTCC to Shut Down Mining Pool Following ‘Business Adjustments’

The turbulent journey of the Bitcoin mining sector continues this week as BTCCPool announces it will close “indefinitely” November 30. BTCC Pulls Out Of Mining The pool, which constitutes the mining arm of Hong Kong-based exchange BTCC (formerly BTCChina), began operating in 2014, yet rarely competed with giants such as Bitmain’s Antpool.

2018-11-7 08:10	Mining
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Controversial ‘Ponzi’ Transaction Fee Mining Exchanges In Decline

Transaction fee mining exchanges like FCoin have been controversial from the start, but a new report suggests they are quickly dying out. Exchanges, of course, form the backbone of cryptocurrency.

2018-11-7 23:25	crypto exchanges
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AMD reaaaally wants you to buy its new cryptocurrency mining gear

Thirsty for a piece of the action from the cryptocurrency market, it appears AMD has become the latest graphical processing unit (GPU) manufacturer to target the blockchain sector. AMD just launched a new explainer page for cryptocurrency and blockchain tech.

2018-11-6 19:57	hard fork
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Another Report Says Crypto Mining Uses More Power than Traditional Mining

A report published today has stated that mining $1 worth of Bitcoin requires more electricity than mining almost any material traditionally dug from the earth. The authors state that between three million and 15 million tons of carbon emissions have been caused by the sector over the last two years.

2018-11-6 00:00
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Nvidia Q3 Revenue Soars 95% to $35.1 Billion, Exceeding Expectations

Nvidia's Q3 revenue surged 95% to $35.1B, driven by Data Center growth. Net income rose 109% to $19.3 billion. The post Nvidia Q3 Revenue Soars 95% to $35.1 Billion, Exceeding Expectations appeared first on BeInCrypto.

Galaxy Digital to raise $300m for Helios data center expansion

Galaxy Digital is launching a $300 million private offering of exchangeable senior notes due 2029 to fund the expansion of its West Texas Helios data center and support corporate initiatives. Mike Novogratz’s Galaxy Digital Holdings announced on Nov. 20 that…

Canaan rises 4% after securing Bitcoin mining partnership with Luna Squares Texas

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Bit Digital’s Q3 revenue jumps 96% amid HPC strength

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Binance Pool launches fractal BTC mining starting Nov. 18

Users can now participate in BTC mining on Binance Pool and earn rewards in the form of Fractal Bitcoin. Though, the exchange has no plans to list the FB token any time soon. In a recent announcement, Binance introduced a…

2020-9-3 23:00

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