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Russia Goes Bullish On Bitcoin With Proposed Crypto Mining Tax Reduction

The Russian Ministry of Economic Development (RECD) has announced that it would cut a significant percentage of taxes on Bitcoin mining activities within the region. This announcement, which was reported by local news source Izvestia, further explained the plans of the Kremlin government to encourage more mining investment within the region by mapping out strategic […] дальше »

2022-2-17 12:26


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Metamining’s Unique Cooling System Brings Efficiency In Bitcoin Mining

Metamining, a Bitcoin mining company, is now one of the most profitable Bitcoin mining operations in the Middle East region, thanks to its innovative water curtain system. As per the announcement, the company has introduced a cooling system, “water curtain,” which is six times more power-efficient than air conditioning. These water curtains rest on one […] дальше »

2021-12-23 23:11


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Chinese Communist Party Ousts Top Official For Allowing Cryptocurrency Mining

China’s Communist Party has ousted one of its top officials for reportedly turning a blind eye to cryptocurrency mining activities. China Sends Yet Another Stern Message That Crypto Mining Is Illegal Per the announcement, Xiao Yi was also the vice-chairman of the Jiangxi Provincial CPP Consultative Conference, besides being a party member of the Communist […] дальше »

2021-11-17 22:39


Quicker than IT services, but Bitcoin mining's growth could have these implications

A couple of years ago, the idea of a new volcanic geothermal Bitcoin mining facility would make a good science fiction plot. As this dream becomes reality after the announcement by El Salvador, the woThe post Quicker than IT services, but Bitcoin mining's growth could have these implications appeared first on AMBCrypto. дальше »

2021-10-5 16:30


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BENQI And Avalanche Partner Up To Launch $3 Million Liquidly Mining Incentive To Expand Defi Ecosystem

BENQI, a decentralized non-custodial liquidity market protocol, and Avalanche plan to allocate $3 million AVAX, Avalanche’s native token, to be used as liquidity incentives for BENQI users. As per the announcement, the AVAX tokens will be used to reward users who are lending and borrowing ETH, LINK, AVAX, wBTC, USDT, and DAI on the protocol […] дальше »

2021-8-11 00:20


TeraWulf Signs Purchase Order for 30,000 Bitmain Antminer S19j Pro Bitcoin Mining Machines

Bitcoin mining firm TeraWulf has signed a purchase order of 30,000 mining machines from the largest Bitcoin machine producer Bitmain. Mining Machines To Be Delivered In 2022 The mining machines, called the Antminer S19j Pro, will be delivered from January to June 2022 according to the announcement released by Bitmain. дальше »

2021-6-30 19:06


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Crypto Miners In China Selling Their Bitcoin & Mining Machines After Government’s Action Sparks Fear

Chinese Bitcoin miners don’t appear keen on waiting around to find out what their fates will be in the wake of the government’s announcement over an inbound crackdown. In a joint statement published last week, the Chinese Premier and State Council voiced an intent to clamp down on Bitcoin mining in the country, causing the […] дальше »

2021-5-26 18:19


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China Announces Huge Crackdown on Cryptocurrency Mining

According to a new announcement by the Chinese government, the country is looking to crack down on cryptocurrency mining. The Thursday statement, penned by the State Council’s Financial Stability and Development Committee chaired by Vice-Premier Liu He, comes just three days after regulators banned any financial institutions from doing any business related to cryptocurrencies. дальше »

2021-6-8 17:44


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Major Metal and Mining Companies Use Blockchain to Trace Cobalt for Electric Vehicles

Some top metal and mining companies have come together to trace cobalt used in electric cars with the help of blockchain technology.  Tracing Cobalt With Blockchain  According to an official announcement on Thursday (May 20, 2021), Switzerland-based commodity trading and mining company Glencore, along with leading miners Eurasian Resources Group (ERG), CMOC, and battery materialRead More дальше »

2021-5-21 09:00


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Low Energy Proof-of-Work: Bitcoin Improvement Proposal Wants to Change Network’s Algorithm

The most topical conversation in the world of cryptocurrencies right now is the effects of bitcoin mining on the global environment after Elon Musk heated up the conversation. Following the recent Tesla announcement, the cofounder of Siphox and Powx, Michael Dubrovsky, revealed the nonprofit Powx has recently submitted a Bitcoin Improvement Proposal (BIP) that aims […] дальше »

2021-5-15 02:00


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Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11%

On April 21, the bitcoin mining rig manufacturer Canaan announced the firm will be supplying 11,760 next-generation A1246 ASIC Avalonminers to a company called Mawson Infrastructure Group. The announcement notes that the mining units will be dispersed among Mawson’s bitcoin mining operations, and will add over an exahash of hashrate to Mawson’s mining facilities. Canaan […] дальше »

2021-4-22 17:30


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Dogecoin and Litecoin Mining Announcement Crashed this Company’s Website

Avid proponents of Dogecoin (DOGE) and Litecoin (LTC) are likely responsible for crashing the website of a Canadian social platform after the company revealed its investment in DOGE and LTC mining. Dogecoin remains the quintessential meme coin amid social media backing by popular figures like Elon Musk and Mark Cuban. Hello Pal Website Suffers TemporaryRead More дальше »

2021-3-13 22:00


China-Based BTC Miner and Wallet, Bixin, Opens A $66M Crypto Investment ‘Fund Of Funds’

The announcement released on Friday states, Bixin will set aside 6,600 BTC (~66 million dollars) from its proprietary mining capital into the “fund of funds”. The funds will be invested in global quantitative trading funds with a special focus on arbitrage, BTC futures and general technical and trend analysis within the industry. As Bitcoin heads […] дальше »

2020-5-8 15:52


$7 Trillion AUM Giant Fidelity Posts Job Opening For Bitcoin Mining Engineer

Fidelity is looking to expand operations and as a result, is hiring a Bitcoin (BTC) mining engineer to help with the design, maintenance, and build-up of its mining infrastructure. The asset management giant has more than $7 trillion in customer assets and as said before, it’s looking to expand. The announcement to hire a BTC […] дальше »

2020-1-20 19:47


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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?

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. дальше »

2019-5-29 18:53


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Australian civil servant faces 10 years for mining cryptocurrency on government computers

An Australian government employee is appearing in court today after using work equipment to mine cryptocurrency for his own gain. The Australian Federal Police (AFP) allege that the 33 year-old from Killara in New South Wales took advantage of his position as an IT contractor to modify government computer systems to mine cryptocurrency. дальше »

2019-5-21 13:27