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Bitcoin Miners State Their Case at Fidelity’s Mining Summit: Renewable, Clean Energy at the Forefront
Bitcoin (BTC) miners have been accused of consuming large amounts of energy to process network transactions. However, they have made the case for their industry as a driver for the wider adoption of clean energy at Fidelity’s Mining Summit a few days ago. дальше »
2019-5-7 18:12 | |
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Why Moving to Texas Could Give Bitcoin Miners Maximum Profit
Flaring, a common practice of burning off natural gas that can’t be efficiently captured and stored has reportedly reached record levels in the state of Texas. Let’s look at why Bitcoin mining would be the perfect solution to capture this energy ‘waste’ and transform it into sound money. дальше »
2019-4-24 22:00 | |
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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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Ebang Reveals Plans to Produce 400,000 Bitcoin Mining Units in 2019
Ebang, one of China’s top manufacturers of bitcoin miners, is planning to produce 400,000 mining machines in 2019. On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year. дальше »
2019-2-26 22:09 | |
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9 Cryptocurrency Firms Sue Washington State Utility Over 50 Percent Rate Hike
A major utility in the U. S. state of Washington, Grant County public utility district, and its commissioners are facing a lawsuit filed by nine cryptocurrency firms. The suit alleges that they “acted inappropriately in creating and approving a new rate that raises electricity costs” for cryptocurrency miners. дальше »
2019-1-13 19:00 | |
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9 Crypto Firms Sue Washington State Utility Over 50 Percent Rate Hike
A major utility in the U. S. state of Washington, Grant County public utility district, and its commissioners are facing a lawsuit filed by nine cryptocurrency firms. The suit alleges that they “acted inappropriately in creating and approving a new rate that raises electricity costs” for cryptocurrency miners. дальше »
2019-1-14 19:00 | |
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Report: 70 to 80 Percent of South Korean Miners Shut Down in 2018
Chinese state television has sought to document the toll taken on South Korean cryptocurrency companies by 2018’s bear market, with Financial Channel (CCTV-2) producing a report detailing the challenges faced by Korean miners. дальше »
2019-1-4 07:15 | |
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How Cryptocurrency Miners Adapt And Adjust To Pull Through The Bitcoin Bear Market
How Cryptocurrency Miners Are Adjusting And Trying To Pull Through The Bear Market The recent state of the market has really been a bad experience for crypto miners and investors. For some time now, many crypto miners have been striving to make little profits in the bear market. Some crypto miners have lost hope and […] дальше »
2018-12-22 21:57 | |
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Russian Parliament Postpones Adoption of Digital Assets Bill
The State Duma, the lower house of Russia’s parliament, has postponed the second reading of a long-awaited bill intended to regulate cryptocurrencies in the country. Lawmakers will review the draft law “On Digital Financial Assets” during the spring parliamentary session next year, the house deputy speaker Sergey Neverov announced. дальше »
2018-12-20 21:00 | |
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Asus Wants to Turn Gamers Into Miners, Wyoming Advances Crypto Bank Bill
In today’s edition of The Daily, we look at the effect of cryptocurrency on video gaming, banking laws and popular media. A leading PC manufacturer wants to enable gamers to mine, a U. S. state has passed a bill to create dedicated financial institutions for cryptocurrency startups, and Bitcoin is on TV again. дальше »
2018-12-3 16:30 | |
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The Daily: Asus Wants to Turn Gamers Into Miners, Wyoming Advances Crypto Bank Bill
In today’s edition of The Daily, we look at the effect of cryptocurrency on video gaming, banking laws and popular media. A leading PC manufacturer wants to enable gamers to mine, a U. S. state has passed a bill to create dedicated financial institutions for cryptocurrency startups, and Bitcoin is on TV again. дальше »
2018-12-3 16:30 | |
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$5 Million Lawsuit Against Bitmain Filed in Northern California
A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment. дальше »
2018-11-27 21:38 | |
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Bitcoin Price Analysis: BTC/USD Up $400 After Temporarily Sinking Below $3,700
Thanks to Josh Mandel idea, 23 different businesses in the state of Ohio will begin paying their taxes in Bitcoin. This new “convenience and adaptation” goes to show how BTC is taking root and is nowhere from being quashed despite draw downs that has seen miners in several parts of China auction their gear. дальше »
2018-11-26 09:33 | |
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Bitcoin Hash Rate Declines to August Levels as Some BTC Miners Consider Shutting Down
The current state of the cryptocurrency markets can be compared to the free-fall experienced due to gravity when someone jumps out of a plane before deploying a parachute. Ever since the 14th of November this year, the value of BTC has fallen from levels around $6,300 to current levels of $4,500. дальше »
2018-11-20 16:13 | |
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Cryptocurrency Miners May Have to Pay More for Electricity in Chelan County
There is little doubt that cryptocurrency mining is extremely power intensive, with particular emphasis on coins that still rely on the Proof-of-Work (PoW) consensus mechanism. Recognizing this, Washington State’s Chelan County Public Utility District (PUD) has proposed a rate hike for mining enterprises within the region. дальше »
2018-11-18 17:00 | |
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Class Action Suits Launched Against Cryptocurrency Mining Investment Company
The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers. дальше »
2018-10-18 20:05 | |
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Crippling DDoS vulnerability put the entire Bitcoin market at risk
The entire Bitcoin infrastructure has been issued with a stern warning: update Bitcoin Core software or risk having the whole thing collapse. Until now, Bitcoin miners could have brought down the entire blockchain by flooding full node operators with traffic, via a Distributed Denial-of-Service (DDoS) attack. дальше »
2018-9-20 12:22 | |
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DevCon 4 Will Set the Stage for Ethereum’s Next Milestone: Constantinople
Ethereum is embracing the Constantinople milestone at the end of November 2018, after DevCon4 in Prague. Constantinople is the latest Ethereum release, introduced through a hard fork, that will include five Ethereum Improvement Proposals (EIPs):Bitwise shifting instructions (EIP 145) in the Ethereum Virtual Machine (EVM) allow for direct manipulation of bytes on the EVM layer. дальше »
2018-9-11 18:15 | |
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Electricity Rates Increase in Grant County in Washington for Bitcoin Miners
Grant County, a town located in the US state of Washington, currently hosts a number of cryptocurrency mining operators. These operators migrated to the area because of cheaper electricity costs from the hydroelectric plant in the local region. дальше »
2018-9-6 16:04 | |
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50 Percent Energy Rate Hike for Crypto Miners Approved in Central Washington State
The commissioners of a public utility district in central Washington State have unanimously approved a rate hike for cryptocurrency miners. The utility serves over 46,000 customers throughout the county. дальше »
2018-9-2 16:55 | |
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‘Faketoshi’ Craig Wright Fails Bitcoin Block Calculations
Craig Wright, an Australian computer scientist and self-proclaimed creator of Bitcoin, took to Twitter Aug. 28 to state miners unable to mine 32 MB Bitcoin blocks deserve to “go bankrupt.” ‘Bitcoin Creator’ Speaks Out Needless to say, the broader cryptocurrency community was not amused with Wright’s comments, with some enthusiasts even highlighting that the “Faketoshi” […] The post ‘Faketoshi’ Craig Wright Fails Bitcoin Block Calculations appeared first on CryptoSlate. дальше »
2018-9-1 03:00 | |
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Montana Senator: Closing Coal Plant Could Hurt Bitcoin Mining Industry
The crypto industry has scored another first, as a junior U. S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state. дальше »
2018-8-28 19:11 | |
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Hydroelectric Dam in New York Repurposed as Crypto Mining Farm
A hydroelectric dam in eastern New York State is being converted into a dedicated crypto mining farm, taking advantage of low-cost, renewable energy, according to Dpw Holdings whose subsidiary is building the mining farm. дальше »
2018-8-28 17:15 | |
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Closure of Coal Plant will Affect Bitcoin Mining, Says U.S. Senator
A United States Senator, Steve Daines, has warned that the planned closure of all four units of a coal plant in Colstrip, Montana will not bode well for the state’s Bitcoin mining business. дальше »
2018-8-26 20:53 | |
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Chelan County PUD Looking to Increase Energy Rate for Bitcoin Mining by 7 Cents Per KWH
On August 20, 2018, cryptocurrency miners in the Washington state held another round of public comment with the electricity providers to discuss the proposed power rate increment. However, nothing good came out of the meeting as the Public Utility District (PUD) officials have postponed the hearing. дальше »
2018-8-23 22:00 | |
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Markets Are Down, But Most Exchanges Are Doing Just Fine
As the old maxim asserts: those who made the most money in the gold rush were those who sold shovels. With our own digital gold rush in a downturn, however, the shovels aren’t selling so well, as mining companies themselves are struggling to move hardware because miners are struggling to turn a profit. дальше »
2018-8-22 22:53 | |
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Another US City Imposes a Moratorium on Crypto Mining
The city of Salamanca in the U.S. state of New York is reportedly establishing a moratorium on cryptocurrency mining operations in the city. This will stop crypto miners from “using up all the residents’ power and effectively make all of them get a price increase on their utility bills,” a member of the city’s council […] The post Another US City Imposes a Moratorium on Crypto Mining appeared first on Bitcoin News. дальше »
2018-8-11 16:20 | |
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Spilling energy demands are another US Run the Order of the Trapieror Moratorium Crypto Mining Forms
It is well known that crypto mining is energy-consuming process. Some of the U. S. states have taken measures against crypto miners as well. Recently, New York state created a new electricity rate scheme for cryptocurrency miners, who now pay more than average consumers. дальше »
2018-7-31 19:13 | |
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A Prehistory of the Ethereum Protocol
Although the ideas behind the current Ethereum protocol have largely been stable for two years, Ethereum did not emerge all at once, in its current conception and fully formed. Before the blockchain has launched, the protocol went through a number of significant evolutions and design decisions. дальше »
2018-7-21 23:03 | |
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Cryptocurrency Miners Face the Heat as Vietnam Bans Imports and Taiwanese Chipmaker Lowers Revenue Figures
The State Bank of Vietnam (SBV), the East Asian country’s central bank, announced on July 19, 2018, the import of cryptocurrency miners to the nation is indefinitely suspended. The post Cryptocurrency Miners Face the Heat as Vietnam Bans Imports and Taiwanese Chipmaker Lowers Revenue Figures appeared first on CryptoSlate. дальше »
2018-7-21 14:00 | |
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Vietnam’s Central Bank Thinks Cryptocurrency Miners Should Be Banned
According to regional reports, the State Bank of Vietnam (SBV) has agreed with a proposal to ban imported cryptocurrency mining machines in order to keep the digital currency economy tethered tightly to the government’s regulatory frameworks. дальше »
2018-7-21 23:32 | |
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DSMC Crypto Mining Demand says that the Q3 will fall
Semiconductor manufacturing giant TSMC said Thursday that it expects demand for cryptocurrency mining-related products to cool off during the third quarter of this year. In statements, an official from the company quarter cited “strong” demand from cryptocurrency miners, but suggested that TSMC sees this state of affairs changing in the months ahead. She added: “Moving дальше »
2018-7-20 21:37 | |
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Russian Crypto Owners and Bitcoin Miners Will Not Create Diffferent Tax Laws
Russia Will Not Create Separate Laws For Bitcoin Owners And Cryptocurrency Miners While speaking with the local media, Anatoly Aksakov, the head of the Financial Markets Committee in Russia’s state Duma, stated that the government does not have plans to create any separate tax frameworks for crypto. According to him, people who get money from […] дальше »
2018-7-19 09:55 | |
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Russia: Crypto Miners and Holders Regulated
Cryptocurrency miners and holders in Russia will be regulated under the Internal Revenue Code, local news outlet Izvestiya reported July 18. The Chairman of the Russian State Duma Committee on Financial Markets, Anatoly Aksakov, told Izvestiya that lawmakers are looking to pass the bill on digital financial assets, or cryptocurrencies, during the autumn session of дальше »
2018-7-19 07:34 | |
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Russia: Bitcoin Owners and Miners Will Not Face ‘Separate’ Tax Laws
Russia will subject owners and miners of cryptocurrency to all existing tax obligations from Autumn, authorities hinted July 18. Aksakov: No ‘Separate’ Treatment For Crypto Speaking to local news outlet Izvestia, Anatoly Aksakov, head of the financial markets committee at Russia’s state Duma, said there were currently no plans to draw up “separate” tax frameworks solely for cryptocurrency. дальше »
2018-7-19 01:00 | |
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Bitcoin [BTC] miners in the US get ‘Special Price’ on electricity bills
On 12th July, The New York State Public Service Commission [NYPSC] announced that Massena Electric Department has received the approval to “allow high-density load customers such as cryptocurrency companies to qualify for service under an individual service agreement”. дальше »
2018-7-15 01:17 | |
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New York Looks to Attract Cryptocurrency Miners With New Electricity Tariffs
The state of New York has approved a new set of utility rates aimed at attracting further investment from crypto miners into the state. Under the new framework, crypto miners who have descended on upstate New York to take advantage of low electricity prices will now be able to negotiate contracts with a utility supplier. дальше »
2018-7-15 00:00 | |
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New York State Prepares to Welcome Bitcoin Miners With Cheaper Electricity Rates
The state of New York doesn’t have the best of reputations when it comes to cryptocurrency. Its BitLicense requirement has made operating a crypto business very expensive and difficult. In an effort to turn things around, state regulators are now aiming to attract Bitcoin and altcoin miners. New York and Bitcoin Mining On paper, there […] дальше »
2018-7-14 21:00 | |
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New Electricity Tariffs Introduced for Cryptocurrency Miners in Upstate New York
Cryptocurrency miners face newer tariff rates in New York after the city’s State Public Service Commission (PSC) approved new rules qualifying high-density load customers under an individual service agreement. дальше »
2018-7-14 19:00 | |
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Crypto Miners Receive Approval from New York for Favorable Electricity Rates
New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. These requests come mainly from similar types of potential customers: server farms, generally devoted to data processing for cryptocurrencies. What is your response to the introduction дальше »
2018-7-14 06:36 | |
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New York Approves New Electricity Rates for Crypto Miners
New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff[s],” including “protect[ion] […] from increased supply costs. дальше »
2018-7-14 03:30 | |
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New York Crypto Miners Gain Access to Customized Electricity Payment Contracts
Cryptocurrency Miners To Access Customized Electricity Payment Contracts A section of New York residents will now enjoy customized electricity bills after t regulators allowed a utility company to establish new rates for cryptocurrency miners. дальше »
2018-7-14 23:39 | |
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