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Bearish Rumble Intensifies As China Moves To Crack Down On Bitcoin Mining and Trading Activities

China appears to be ready to go to war with Bitcoin and other cryptocurrencies just about a month removed from changing its stance on digital assets. Earlier this week, it was reported that the country had banned financial institutions from conducting any crypto transactions but subsequent claims pointed out that the powers that be are […] дальше »

2021-5-22 20:25


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Iran to Fine Crypto Miners Using Household Electricity

The Iranian government has introduced a new policy against cryptocurrency miners who use household electricity for their mining activities.  Iran to Crackdown on Illegal Mining Activities  According to Tehran Times on Sunday, (Amy 16, 2021), a spokesperson for Iran’s Ministry of Energy, Mostafa Rajabi Mashhadi, said that the government would impose a hefty fine onRead More дальше »

2021-5-18 12:00


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China’s Inner Mongolia Plans to Shut Down Bitcoin Mining Operations by April This Year

Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April 2021, as part of efforts to improve energy efficiency. Regulating the Electrical Consumption in Inner Mongolia The government of Inner Mongolia will also stop approving new projects in energy-intensive industries such as steel […] дальше »

2021-3-3 20:00


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Pundit On Why the Impact of Bitcoin Mining is a Net Positive for the Environment

Bitcoin critics have not relented in reiterating their consensus belief that Bitcoin allows for an excessive waste of energy due to the high demand of electrical power needed for mining activities. While it is indeed true that Bitcoin mining consumes a truckload of energy, an interesting case for Bitcoin mining as an essentially valuable practice […] дальше »

2021-2-14 22:38


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СМИ: власти Сычуаня запретили майнинг на территории провинции

Финансовая администрация китайской провинции Сычуань выпустила уведомление подконтрольным ведомствам с требованием об «упорядоченном прекращении майнинговой активности». The Financial Administrative of the #Sichuan providence of #China has issued a notice to its subordinate offices ordering them to “guide mining entities to end their mining activities in an orderly manner”. дальше »

2020-5-23 14:12


Iranian IT minister urges government to regulate bitcoin mining

Mohammad Javad Azari Jahromi, the country’s Information and Communication Technology Minister announced the need for a regulation on Bitcoin mining activities in the country. The news was reported by a local news agency, which highlighted a surge in the country’s power consumption due to increased mining activities in recent times. дальше »

2019-7-7 14:00


Coinhive shutdown is failing to stop cryptojacking attacks; 1 million attempts blocked daily, claims report

The world of cryptocurrencies has been subject to both positive and negative developments since its inception. Coinhive, the infamous cryptocurrency mining script, is one of the latter. And while Coinhive was shut down earlier this year, that has not stopped other malicious activities from inflicting pain on the cryptocurrency ecosystem. дальше »

2019-5-3 12:30


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. дальше »

2019-4-30 20:57


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Chinese Company Lost $23 Million Allegedly Mining Cryptocurrency in Secret

A subsidiary of Chinese firm Huatie has been sold off at 10 percent of its initial value following losses from suspected secret cryptocurrency mining activities amounting to about $23 million. 90 Percent Value Plunged Probably Due to 2018 Bear Market According to Chinese crypto media outlet 8BTC, Huatie HengAn, a subsidiary of Huatie has been sold for $2 million. дальше »

2019-4-20 02:00


Illegal cryptocurrency mining nets over $50 million in a decade, according to analysts

The cryptocurrency ecosystem has been a major target for cybercrime and illegal activities such as online theft and hacking. Cryptocurrency mining is essential for all coins, including Bitcoin [BTC] and Bitcoin Cash [BCH] and over the years, criminals have started to spot loopholes in the system to cash out digital currencies. дальше »

2019-3-27 21:30


Bitcoin Is Resonating With Students Who Are Using “Free” Electricity From Campus To Mine Cryptos

Students Use “Free” Electricity From Campuses To Mine Virtual Currencies Cryptocurrency mining activities have been expanding around the world since Bitcoin (BTC) was launched to the market. Althoguh at the beginning it was possible to mine Bitcoin using CPU and GPU hardware, now it is necessary to have specialized devices known as ASIC. These ASIC […] дальше »

2019-3-6 22:58