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Genesis Mining Asks Unprofitable Miners to Upgrade Contract or Face Termination

The bearish trend that has been haunting crypto investors since the beginning of 2018 is now taking a visible toll on mining firms as well. Following the footsteps of rival Hashflare, the Iceland-based cloud crypto mining platform Genesis has announced a drastic step that yet again depicts the woes of a progressively distressed global mining […] Genesis Mining Asks Unprofitable Miners to Upgrade Contract or Face Termination was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-8-20 16:29


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Cloud Mining Platform Genesis Wants “Unprofitable” Miners to Upgrade Their Contracts to Avoid Termination

The bearish trend that has been affecting the global crypto market for a while now seems to have finally taken its toll on Genesis Mining, one of the world’s leading cloud mining providers. The company published a blog post on Aug 16, 2018, implying that it is left with no option but to force some users to upgrade their existing. дальше »

2018-8-19 18:00


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


HIVE Blockchain to Launch New Crypto Mining ASIC Facility with Genesis Mining

HIVE Announces a New Cloud-based ASIC Mining Facility HIVE Blockchain Technologies has recently the launch of 200Petahashes of cloud-based SHA-256 mining power. The launch will be in September. This is part of a prior agreement that the company had with Genesis Mining to add this mining capacity to Sweden. It was decided in December 2017 […] дальше »

2018-8-18 20:34


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В Норвегии неизвестный пообещал взорвать майнинг-ферму за чрезмерный шум

В начале июня норвежская разведка объявила о планах проверить деятельность российской компании New Mining Company, которая вложила 125 миллионов долларов в строительство самой большой фермы на территории страны. дальше »

2018-8-18 13:30


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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ASIC Vs. GPU Debate Ignites Ahead Of Devcon4 And Constantinople Hard Fork

As the impending Constantinople hard fork and Devcon4 draw nearer, the ongoing ASIC vs. GPU mining rig debate appears to have re-emerged. Some in the mining community are campaigning to block ASIC mining rigs, arguing that failing to do so will push GPU mining operations out of business, further plummet the value of Ether, and lead to network centralization. дальше »

2018-8-18 01:29


Report: Fraudulent Monero Mining Generates $100K Per Month for Hackers

A German university released a cryptocurrency mining-centric report, Aug. 14, noting a rise in revenue generated by illegal mining software, despite the fall in “cryptojacking.” Coinhive Faces the Heat Again As reported by Digital Trends, RWTH University in Aachen, Germany, has presented a detailed account of the infamous, browser-based miner Coinhive being used to produce over $250,000 […] The post Report: Fraudulent Monero Mining Generates $100K Per Month for Hackers appeared first on CryptoSlate. дальше »

2018-8-17 12:00


Genesis Mining закрывает убыточные майнинговые контракты

Исландская майнинговая компания Genesis Mining сообщила клиентам о том, что из-за отмечающегося с января этого года снижения курса биткоина некоторые контракты на облачный майнинг приносят меньше прибыли, чем затраты на их обслуживание, что вынуждает компанию предложить пользователям перейти на пятилетние premium-контракты без возможности преждевременного расторжения – или аннулировать их. При этом переход на тариф Radiant Bitcoin Mining […] дальше »

2018-8-17 10:26


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Rising Hashrates Amidst Shaky Crypto Market — “They’re Happy To Accumulate”

Since the start of 2018, Bitcoin has fallen by over 65%, leading some to guess that mining activity fell in correlation with declining prices. However, it has become apparent that this hasn’t been the case, with hashrates across multiple networks consistently seeing higher lows (and higher highs) amidst an overall market downtrend. дальше »

2018-8-17 08:10


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Here’s Why Genesis Mining Might Have Just Booted You Off Their Platform

Genesis Mining is a popular cloud based Bitcoin mining platform that lets users mine for Bitcoin. Each user is placed on a contract, through which they are allocated provisions in order to be able to mine through the platform, differing platforms offer differing rewards but of course, the bigger the reward the more expensive the contract, therefore, Genesis Mining have had to make some cut backs in order to ensure that those on the big contracts still have access to the service, as a result of the collapsing value of Bitcoin. дальше »

2018-8-17 08:00