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UAE Gains More Ground In Becoming Middle East Bitcoin Mining Hub
The United Arab Emirates is emerging as a significant Bitcoin mining hub in the Middle East, with its operational mining capacity expected to surpass 600 MW by the end of 2023. The post UAE Gains More Ground In Becoming Middle East Bitcoin Mining Hub appeared first on BeInCrypto. дальше »
2023-7-6 07:22 | |
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US-Based Crusoe Energy To Use Flared Gas In Oman For Bitcoin Mining
US-based firm Crusoe Energy has signed a deal with the Oman Investment Authority (OIA) to use stranded natural gas in the Middle East country to power crypto mining. According to a report by Bloomberg, the deal came after the authority acquired a stake in the US Company as part of an April $350 million in […] дальше »
2022-6-2 12:38 | |
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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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China Warns State-Owned Companies To Stop Bitcoin Mining Or Risk Strict Penalties
China has issued a warning to its state-owned enterprises to stop cryptocurrency mining. It also warned that it would increase electricity rates for companies that continue to defy the ban. This latest warning comes amid the ongoing crypto ban in the East Asian country. дальше »
2021-11-17 21:00 | |
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Months on from China's ban, here's where Bitcoin's mining industry stands
Over the past few months, the Bitcoin mining industry has largely shifted from being concentrated in East Asia to a strong settlement in Western Europe and North America. Initially, when China instituThe post Months on from China's ban, here's where Bitcoin's mining industry stands appeared first on AMBCrypto. дальше »
2021-10-14 19:30 | |
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The Third-Largest Company in the World plans to start mining Bitcoin
Saudi Aramco (SE: 2222), a Middle East oil giant, currently the third-largest company in the world, valued at $1. 8 trillion, could be the next multinational conglomerate to join Bitcoin, this through mining. дальше »
2021-8-2 17:52 | |
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Bitcoin: Not quite the popular kid in East Asia?
The East-Asian market is the largest in the cryptocurrency landscape, accounting for a whopping 31% of the total volume over the past year. It is also home to the highest mining activity with China coThe post Bitcoin: Not quite the popular kid in East Asia? appeared first on AMBCrypto. дальше »
2020-9-18 15:30 | |
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Global Digital Industry Group Launches Mining Business Bitworld
The UAE cryptocurrency giant, Global Digital Industry Group (GDIG), has established its mining subsidiary Bitworld and will invest $50 million in the company by 2021 as it works to build the company’s presence in the Middle East bitcoin and Ethereum mining industry. дальше »
2020-9-17 08:00 | |
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China Drives East Asia into Global Crypto Market Pole Position
More than $50 billion in cryptocurrency assets have moved from China-based addresses in the past year alone. The huge numbers coming from the region are directly related to East Asia’s cryptocurrency mining dominance. дальше »
2020-8-21 12:44 | |
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2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners
Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining facilities are taken out by heavy rainfall and flooding, […] The post 2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners appeared first on Bitcoin News. дальше »
2020-7-24 03:00 | |
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Bitcoin hashpower: The need to move out of China
China is seen as a dominant force when it comes to Bitcoin mining and the concentration of hash power. Cheap electricity has aided this East Asian country in hosting the majority of mining activities. дальше »
2020-3-2 18:00 | |
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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. дальше »
2019-9-6 09:25 | |
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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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Exclusive: Russia, Canada could emerge as China’s successors following Bitcoin mining ban: eToro’s Greenspan
The Chinese Bitcoin [BTC] mining ban proposed by the country’s macroeconomic planning agency riffled the market with FUD, leading many to speculate which country could pick up the mining mantle. With many looking east for the new mining havens, eToro’s senior market Mati Greenspan negated. дальше »
2019-4-21 14:30 | |
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Chinese Bitcoin Miners Suffer in Iran Despite Cheap Power
This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process. дальше »
2019-4-11 23:38 | |
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Mongolia Will See At Least 1000 New Bitcoin Miners In 2019
Participants in Mongolia’s Bitcoin mining industry plan to significantly expand the scope of their operations, local media report January 11. Japan’s Ginco Doubles Down On Mongolia The East Asian country, known for its cheap electricity and being home to the world’s northernmost desert, will see one of its miners almost treble in size this year alone, despite the ongoing Bitcoin bear market. дальше »
2019-1-12 05:00 | |
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Kaspersky Lab: Malware Attacks On The Rise In Middle East And Africa
Mining malware became more prevalent in the region in 2018, but not necessarily for the reasons Kaspersky Lab predicted.
дальше »2018-12-18 00:14 | |
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Bitcoin Mining News: Norway Revokes Subsidies, Bitmain Opens Washington Facility
In mining news, Norway will revoke electricity subsidies currently available to cryptocurrency miners at the start of next year. Also, Bitmain has opened a 12 megawatt data center in East Wenatchee, Washington, and Bitfury has announced new additions to its advisory board and board of directors. дальше »
2018-11-23 04:40 | |
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Norway Revokes Mining Subsidies, Bitmain Opens Washington Facility
In mining news, Norway will revoke electricity subsidies currently available to cryptocurrency miners at the start of next year. Also, Bitmain has opened a 12 megawatt data center in East Wenatchee, Washington, and Bitfury has announced new additions to its advisory board and board of directors. дальше »
2018-11-23 04:40 | |
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Bitcoin Mining Giant Bitmain Launches Data Center in Washington Despite Crypto Crash
World’s leading bitcoin mining hardware manufacturer, Bitmain has launched a new $20 million data center for cryptocurrency mining in the East Wenatchee area of Washington, United States, actively expanding its global digital assets mining operations despite the ongoing bitcoin price slump, reported NW news network on November 18, 2018. дальше »
2018-11-21 16:00 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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Police arrest 16 suspected of cloud mining over 5.1m yuan
Police in Ruian, East China’s Zhejiang Province, arrested 16 suspects who allegedly implanted programs to secretly control computers in more than 30 cities for cloud mining. According to the police, the suspects controlled more than 100,000 computers and had mined more than 5. дальше »
2018-7-9 14:43 | |
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