2024-1-26 15:34 |
One of world's biggest exchanges is halting mining operations
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A Canaan executive detailed the success of its pilot mining operations in Kazakhstan and shared plans to expand its operations to the U.S. in an interview.
2022-7-30 18:31 | |
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SAITECH, a company aiming to solve the climate change crisis, plans to eventually power its crypto mining operations with 100 percent renewable energy, significantly reducing their carbon print emissions in line with China’s strong national policies on decarbonizing by 2060, a new report on June 29 shows.
2021-7-1 05:00 | |
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Authorities in Inner Mongolia have decided to ban Bitcoin mining operations in the region
2019-9-17 22:07 | |
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Authorities in China’s autonomous region of Inner Mongolia released a notice requiring local cryptocurrency mining firms to stop their operations, according to ChainNews. Is Inner Mongolia Starting a Trend Among China’s Authorities? China has enjoyed that status of the world’s hub for cryptocurrency mining since it hosts a good share of crypto miners who’re looking for cheap electricity.
2019-9-16 16:00 | |
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As Bitcoin fights back above five digits and other altcoins move into the green, many crypto enthusiasts are wondering if there are still profits in cryptocurrency mining. If you’re not certain if you can make profits from cryptocurrency mining, the answer is probably ‘no.
2019-9-9 00:01 | |
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With day one of North Queensland’s Bitcoin Cash City all wrapped up, conference attendees were left with an overflow of big ideas to distill, process, and potentially integrate. These include underwriting merchant adoption, building tech parks and mining operations, BIP70 applications, separation of money and state, government applications of crypto, user experience, and regulation.
2019-9-5 08:07 | |
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In the latest update from the Capital One illegal cryptocurrency mining case, hacker Paige Thompson has been indicted for stealing data, in addition to using stolen computer power for crypto-mining activities.
2019-8-29 19:00 | |
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Security Service of Ukraine (SBU), the nation’s primary law enforcement authority, has arrested several individuals for illegally mining bitcoin (BTC) and altcoins at the state’s nuclear power plant (NPP), reports RT on August 22, 2019.
2019-8-23 21:00 | |
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GPU mining of cryptocurrencies remains popular, particularly among small-scale or at-home miners, but when it comes to large-scale operations, miners tend to favor purpose-built ASIC mining chips.
2019-8-23 16:34 | |
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Sichuan province in China is well known for being a mining hub, thanks to the abundance of clean hydroelectricity available in the region at dirt cheap prices. However, the availability of cheap clean energy has also made the province a growing hub for illegal mining activities.
2019-8-22 02:30 | |
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Rampant flooding in China’s Sichuan province has had a catastrophic effect on some of the world’s leading bitcoin mining operations. The post Major Flooding Disrupts Chinese Hydro Power, Bitcoin Mining appeared first on Bitcoin Magazine.
2019-9-6 00:21 | |
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Heavy rainfall in China’s Sichuan province has triggered land and mudslides leading to various local hydropower stations and Bitcoin mining farms to suspend their operations. Sichuan’s mountainous areas of Aba prefecture has been receiving heavy rains since Monday and local government now says landslides have now affected 17 counties in the area. There are several […]
2019-8-21 20:14 | |
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Heavy rain has resulted in mudslides in China’s Sichuan province, disrupting bitcoin mining operations in the area and forcing some hydroelectric power plants to stop generating electricity.
2019-8-21 19:23 | |
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HIVE Blockchain has entered into a strategic agreement with Blockbase to be the HIVE’s software and maintenance service provider for mining operations in Sweden, as per a press release, August 13, 2019.
2019-8-14 15:00 | |
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Blockstream, the blockchain infrastructure firm that sent a Bitcoin satellite into space, has entered the cryptocurrency mining space. The company revealed details about its Bitcoin mining data centers in Quebec, Canada and Adel, Georgia earlier this week.
2019-8-9 14:40 | |
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Tenaga Nasional Bhd (TNB), Malaysia’s state-owned electricity company has raided 33 buildings illegally using its energy for bitcoin mining operations that gulped RM3. 2 million (roughly $763k) worth of power whereas they only paid a bill of only RM219 ($52), according to a report by local news source, malaymail August 7, 2019.
2019-8-9 17:00 | |
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Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region.
2019-8-6 21:00 | |
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Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region.
2019-8-8 21:00 | |
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Coinspeaker Subject: Mining The New Way: Ultra Rewards Without Hijacking Terminals With MintMineCrypto mining opportunities in 2019 arise when investing in major operations that mine on an industrial scale in the cloud, with dedicated mining equipment, and operators that function with > 99% guaranteed uptime.
2019-7-26 13:08 | |
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There is always a Yin for a Yang, with many major businesses swimming against the tide by integrating their operations with blockchain technology. Following a growing adoption rate, blockchain technologists are building innovative technologies in order to get ready for mainstream adoption in the near future.
2019-7-23 08:31 | |
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According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of export. The CBI governor, Abdol Nasser Hemmati, explained that mined cryptocurrencies should flow back into the Iranian economy.
2019-7-13 00:10 | |
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The surge of cryptocurrency mining operations moving to old mining towns in Switzerland with cool temperatures and cheap hydroelectric power has changed the landscape of many former gold rush villages.
2019-7-11 19:23 | |
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Iran’s Assistant Minister of Industry, Trade and Supply, Saeed Zarandi, said that Trump’s administration is working to block bitcoin mining in the country, according to local news outlet Fars.
2019-7-8 16:00 | |
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The Iranian government is cracking down on bitcoin mining operations after claims that mining operations were destabilizing the power grid and affecting electrical access for households and businesses.
2019-6-29 00:19 | |
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As sanctions imposed by the United States continue to bite reducing government revenues and widening the budget deficit, Iran has turned its ire to Bitcoin mining operations in the country that are mooching off the country’s heavily subsidized power.
2019-6-29 14:35 | |
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During the upward trend Bitcoin experienced these past two weeks, mining operations were working at high gear, performing calculations at an average of 56.77 quintillion hashes per second.
2019-6-28 21:59 | |
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On Tuesday, the Iranian energy grid corporation Tavanir warned illegal bitcoin mining operations that they would be cut off from their supply. Following the announcement, pictures of a mining facility set up in a mosque went viral on social media.
2019-6-27 20:45 | |
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Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption and has warned that illicit mining facilities will be cut off from the grid.
2019-6-26 00:30 | |
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While bitcoin's current upward trend has increased the demand for mining rigs, manufacturers are also feeling the heat from established mining operations that need more computing power.
2019-6-26 00:10 | |
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Pan-African insurance firm Old Mutual Insure will no longer insure the computer equipment used by crypto mining operations, citing the unregulated nature of the industry and its ties to cybercrime as two major factors.
2019-6-13 18:53 | |
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Officials in Missoula County, Montana, changed the way crypto mining operations need to implement clean energy initiatives, helping set a standard for how local governments can hold mining operations responsible for the energy they use.
2019-6-13 23:48 | |
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The concept of Bitcoin [BTC] mining has always been looked at like an evil spawn by many mainstream industries and its proponents. But a new report from Coinshares has quashed that notion by stating that 74 percent of the world’s BTC mining operations were driven by renewable energy.
2019-6-9 19:30 | |
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There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored.
2019-6-7 18:22 | |
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Matrix, the bitcoin trading and custodial platform co-founded by the ex-employees of bitcoin mining heavyweight, Bitmain, including Jihan Wu, is reportedly set to commence operations within a month and the firm will also offer over-the-counter (OTC) trading, as well as crypto-backed lending service to its clients, according to The Block on June 5, 2019.
2019-6-7 09:00 | |
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R3 Founder Finds Security Aspect Of Mining “Pretty Scary,” Shares All During MCC 2019 Prague-based, Braiins, company operating Slush Pool, a crypto-mining pool, launched the Braiins OS Cobalt sometime last year.
2019-6-3 21:20 | |
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According to regional reports, a few publicly listed Chinese companies have been secretly mining bitcoin by pretending to provide cloud or web hosting services. Moreover, recent studies have revealed a growing trend of mystery miners processing the BCH and BTC networks at the same time as these firms have been running undercover mining operations in […] The post Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining appeared first on Bitcoin News.
2019-5-30 23:10 | |
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This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin.
2019-5-29 18:53 | |
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The Australian Federal Police (AFP) has charged a government employee alleged to have misused government IT infrastructure for personal cryptomining operations, per a press release.
2019-5-22 18:47 | |
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By CCN: Authorities in the Netherlands have arrested a suspect who allegedly operated a bitcoin mining investment scam, according to Dutch daily De Gelrderlander. The fraudulent scheme which was reportedly started in 2017 earned the man named Berry van Mourik at least €2 million ($2.
2019-5-22 14:11 | |
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Police Arrest Cryptocurrency Entrepreneur After Allegedly Conducting Fraudulent Activities According to a recent report released by De Gelderlander, Dutch police have arrested a former entrepreneur after allegedly conducting fraudulent activities.
2019-5-21 21:28 | |
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Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business.
2019-5-10 20:04 | |
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Bitcoin mining giant Bitmain has less positive news as bitcoin price reclaims $6000 and the hash rate continues its steady climb. Its internal mining operations show a reduction of 88% of hash power in the past month.
2019-5-9 13:00 | |
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In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.
2019-5-8 20:07 | |
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Bitmain, traditionally one of the biggest cryptocurrency mining operations, has revealed that are generating 88 percent less computing power than a month ago, suggesting that the industry giant has cut back on capacity.
2019-5-8 13:04 | |
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Bitmain Had A Drop Of 88% In Its Own BTC Mining Power You may remember the time in which Bitmain was the king of the crypto market. That time is past now. According to recent reports, the internal mining operations of the company are down by 88%.
2019-5-8 01:34 | |
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Bitmain's internal bitcoin mining operations are generating 88 percent less computing power than a month ago, suggesting the industry giant has cut capacity.
2019-5-8 22:15 | |
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At the bottom of the late 2018 crypto bear market, the price of bitcoin dropped below the $4,500 threshold at which most miners are no longer profitable. A number of bitcoin mining operations were forced to turn off their machines creating an existential threat to the bitcoin network.
2019-5-1 22:00 | |
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Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting.
2019-4-27 22:07 | |
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The recent bitcoin rally has driven bitcoin mining profits. Profits earned from bitcoin mining have seen a clear rise since the start of April 2019 and hit a near half-a-year high on April 15, 2019.
2019-4-23 19:35 | |
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