Some Aren’t Optimistic about Bitcoin despite the Cryptocurrency Miners Promising Opportunities

2018-7-8 15:37

Cheap rental prices and inexpensive electricity have driven cryptocurrency miners to the seaside city.
While cryptocurrency miners have long worked in places like China and Scandinavia, many are setting their sights on other parts of the world.
Small Places, Big Promises
Wherever there is cheap power, cryptocurrency miners are usually not very far away.
Read, who is a “big fan of cryptocurrency” said the city needed to tackle these types of problems before welcoming miners back.
Images courtesy of Pexels
The post Cryptocurrency Miners Promise Economic Opportunity, But Not Everyone Is So Optimistic appeared first on Bitcoinist.com.

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cryptocurrency miners cheap places world small big

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Источник: bitcoints.com

cryptocurrency miners → Результатов: 40

A Proven, Low Cost Containerised Solution for Cryptocurrency Miners Looking to Rapidly Deploy

Finally, a proven, low cost containerized solution for cryptocurrency miners looking to rapidly deploy It’s undeniable, managing a modern ASIC based cryptocurrency operation is economically and technically demanding.

2020-2-19 12:57	Press releases
cryptocurrency miners deploy proven rapidly looking cost

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America’s Missoula County Plans to Regulate Cryptocurrency Miners Due to Environmental Concerns

United States’ Missoula County, also referred to as a hub of five valleys, is planning to regulate cryptocurrency miners so that they comply with zoning and noise regulations and most importantly, forgo fossil fuel energy in an effort to reduce climate change, as reported by the local publication Missoulan on March 20.

2019-3-21 15:59	Mining
cryptocurrency miners regulate missoula county america energy

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Cryptocurrency Miners Promise Economic Opportunity, But Not Everyone Is So Optimistic

Driven by cheap electricity prices and the potential for profit, cryptocurrency miners have expanded their horizons and set up operations in smaller localities across the world. Some residents embrace the potential for an economic boom.

2018-7-8 12:00
miners cryptocurrency economic potential optimistic everyone opportunity

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Japan Is Proving to be a Surprising Haven for Crypto Miners

Rural Japan is luring more and more cryptocurrency mining operations. They’re attracted by subsidised rents, as well as relatively low electricity rates. Cities Like Fukui Seeing More Mining Operations Spring Up When you think of large scale cryptocurrency mining operations, Japan probably isn’t the first place that springs to mind.

2018-7-7 22:00	Japan
japan operations mining cryptocurrency surprising proving crypto

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Tom Lee, of Wall Street, reduces his end of year bitcoin price goal by approximately 20%

Bitcoin at $6,600 brings prices back to the lows in April, which marked the halt of a slide from nearly $20,000 in late 2017. Cryptocurrency miners use high powered computers that use a lot of electricity to complete a series of complex calculations to create a bitcoin. The bitcoin protocol calls for a finite number

2018-7-5 20:41	Cryptocurrency
bitcoin use finite calls high number miners

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Bitcoin Gold implements new ASIC-resistant algorithm

Bitcoin Gold announced successful activation of hardfork, aimed at making it impossible to mine the cryptocurrency on powerful ASIC miners and centralize the network.

2018-7-5 20:02	News
bitcoin gold cryptocurrency mine asic centralize network

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Crypto Mining Profits Plummet, ADVFN CEO Says

Clem Chambers, who is the CEO of a private investor’s website ADVFN. com, recently wrote about the falling rewards for Bitcoin mining in a Forbes. He suggested that falling prices of cryptocurrencies is leading to miners leaving the industry as the business becomes less profitable for them.

2018-7-4 10:04	Mining
mining miners ceo bitcoin advfn crypto falling

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New Cybersecurity Report Notes Rising Cases of Cryptojacking Attacks on Linux Devices

A recent internet security report from an independent cybersecurity firm has highlighted the growing threat of crypto-mining malware. Its findings highlight that in the first quarter of 2018 almost all common Linux downloader malware variants recorded were designed to deliver a cryptocurrency miner on Linux devices.

2018-7-4 00:00
linux report cybersecurity devices cryptocurrency malware threat

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Top 14 Cryptocurrency Mining Hardware Kit Setups For Bitcoin Miners

The Top 14 Hardware Setups for Crypto Mining If you want to mine cryptocurrency, then you need the right hardware. If you’ve got the right hardware, then you can start earning cryptocurrencies immediately.

2018-7-3 23:32	News
hardware mining setups right then crypto cryptocurrency

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Dodgy Crypto Miners Target Linux Systems, a New Report Reveals

WatchGuard released its latest internet threat report for Q1 2018, which suggested that cryptocurrency mining threats are on the rise. About 98. 8% of common Linux/Downloader malware variants found in the first quarter were to target Linux-based computers with crypto miners.

2018-7-3 18:39	Mining
linux crypto report systems miners cryptocurrency mining

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Anyone Can Start Mining Cryptos in Ukraine Even Without a License

While governments and regulators in some countries are passing laws to regulate the trading of cryptocurrencies and, even their mining, other nations advocate a more crypto-friendly approach towards the sector.

2018-6-29 14:59	Mining
mining even regulate anyone without ukraine start

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Ukrainian Government Doesn’t Want to Regulate Miners

Authorities in Ukraine say that they don't have any plans to regulate the country's $100 million cryptocurrency mining market.

2018-6-26 18:23	News
regulate plans any country million market mining

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Ukrainian officials are not planning to manage the Crypto mine

The State Service for Special Communication and Information Protection of Ukraine has said that it is not planning to regulate cryptocurrency mining, news portal cryptorussia.ru reported June 25. BRDO official Igor Samokhodski said that miners are trying to avoid publicity due to the uncertain status of cryptocurrency and unpredictable reaction of the authorities. According to

2018-6-26 08:19
cryptocurrency said planning igor samokhodski june reported

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Quebec to Miners: “Provide Jobs if You Want More Electricity”

Quebec's energy troubles caused by cryptocurrency mining might go away soon, as Hydro-Quebec drafts a new proposal that allocates 500 megawatts to new mining companies under certain conditions.

2018-6-25 20:42	News
new quebec mining drafts hydro-quebec proposal soon

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Ukrainian Government Allows Cryptocurrency Mining Without License

Mining Companies mining cryptocurrencies are not required to obtain a license, the Ukrainian state agency responsible for licensing regimes said this week. The annual revenue generated by the Ukrainian crypto mining industry amounts to over $100 million, according to recently published data.

2018-6-24 13:22
mining ukrainian crypto license published recently data

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Quebec Hikes Electricity Price: Crypto Miners to Pay up to 3 Times Current Rate

The Canadian province of Quebec has reportedly decided to charge cryptocurrency miners up to roughly three times the current price after they flooded utility Hydro-Quebec with requests for mining operations.

2018-6-23 05:40	Virtual Currency
times miners crypto price current quebec rate

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The crypto markets have weak demand from miners hurting the GPU producers.

Observers say it is probably due to overestimated demand in the gaming sector and the underestimated impact of the declining demand in the market for mining equipment. Quoted sources from the industry claim the return of the chips is related to the decreasing demand from cryptocurrency miners. AMD Price Chart, Ycharts The crypto market ups

2018-6-23 05:26	Nvidia
demand market miners crypto industry sources mining

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Crypto Markets, Weak Demand from Miners Hurt GPU Producers

Dipping cryptocurrency markets are hurting not only crypto holders but also a number of related businesses and sectors. Manufacturers of hardware that can be used in mining applications, like GPU makers Nvidia, AMD and their OEM partners, are also hit by weak demand in the sector which is pushing inventories up.

2018-6-23 03:42
gpu crypto demand markets weak businesses bitcoin

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Cryptojacking Running Rampant in Monero [XMR] Community

Research revealed by cyber security company Palo Alto Networks assesses that 5% of all Monero, the privacy coin, has been mined though malware programs. Palo Alto Networks deployed its Unit 42 to determine that 85% of cryptojacking activity revolves around the cryptocurrency known as Monero.

2018-6-23 23:15	XMR
monero cryptojacking networks alto community running rampant

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Quebec Raises Power Tariff for Cryptocurrency Miners

Quebec province has decided to raise the power tariff for cryptocurrency miners in the region. The policy will apply to all miners until the province finds an alternate solution to feed the power-hungry industry.

2018-6-22 21:43	Mining
miners cryptocurrency quebec power province tariff raises

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Genesis Mining Relaunches Bitcoin Mining Contracts

Genesis Mining is the leading cloud mining provider in the cryptocurrency world, and they’re once again issuing Bitcoin mining contracts for miners who don’t have the time, expertise, or wherewithal to get their shovel dirty in the crypto sphere.

2018-6-22 17:30	genesis
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Hydro-Quebec Increases Electricity Prices by 300% for Bitcoin Miners

Even though Canada has become a very important country for cryptocurrency mining, it seems things are changing behind the scenes. The Quebec provincial regulator has decided to allow utility providers to hike electricity prices for Bitcoin miners.

2018-6-22 05:00
miners mining electricity bitcoin prices such rates

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Kosovo Offers Inexpensive Cryptocurrency Mining

Cryptocurrency mining can get rather costly, given its massive energy consumption. But the Southeastern European country of Kosovo could provide a solution to that dilemma. While Kosovo might be recognized as one of Europe’s poorer countries, it does have one of the cheapest electricity rates in the region.

2018-6-20 23:02	Mining
cryptocurrency kosovo mining inexpensive offers one rates

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Quebec Sets Higher Power Prices for Cryptocurrency Miners

Energy-rich province raises stakes for crypto miners looking to set up base by imposing threefold increase in power rates.

2018-6-20 22:26	News
miners power set base imposing threefold rates

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Crypting Currency In Quebec Set To Be Expensive For New Miners

Quebec’s electric utility regulator Regie de l’energie, has increased the power prices for miners. The increase will be 3 times for new miners, while older miners have a breather until end of this year.

2018-6-20 17:48
miners new quebec crypting expensive currency set

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Equihash Algorithm Cryptocurrencies May face attacks by ASIC Miners : Let’s study about it.

In the case of currencies using the Equihash algorithm, it seems a large amount of the combined hashrate is provided by ASIC hardware. It’s a worrisome development which could introduce a lot more 51% attacks in the future.

2018-6-18 08:21
equihash attacks may algorithm future asic lot

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Study Reveals ASIC Miners Represent 30% of the Equihash Mining Hashrate

This week the Zcash Foundation and researchers from the University of Luxembourg have released a study that finds the presence of ASIC and FPGA miners may be controlling around 30 percent of the overall Equihash mining hashrate.

2018-6-16 22:45
study equihash hashrate mining asic miners represent

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Vote Threshold Is Met: EOS Can Finally Launch Its Platform

According to data from EOS Authority, EOS has finally acquired the minimum votes required for its network to go live. After EOS failed to launch its platform on its projected launch date of June 2, a live-stream vote was called, where users voted “Go” to launch the blockchain network.

2018-6-15 03:10	Digital assets
eos votes vulnerabilities launch network vote token

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Ripple CEO Claims Bitcoin Is Under Control of Small Group of Miners From China

Ripple’s CEO Brad Garlinghouse claims that “Bitcoin is controlled by China” through “four miners that control over 50%” of the leading cryptocurrency

2018-6-14 04:48	China
miners ripple control china claims bitcoin ceo

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Op Ed: Scaling Capital Market Adoption of Blockchain Technology With SHA-3

The shift has already started; finance is moving onto the blockchain, leveraging the decentralization and disintermediation benefits of the technology’s architecture.

2018-6-14 23:52	Op-ed
hash sha-3 blockchain capital technology markets cryptographic

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Ripple’s Garlinghouse: “Four Miners in China Control Over 50% of Bitcoin”

The CEO of the global settlement platform Ripple has once again addressed the current state of the blockchain and cryptocurrency industry. Brad Garlinghouse spoke at the 2018 Stifel Cross Sector Insight Conference.

2018-6-13 21:00	XRP
garlinghouse ripple blockchain 8221 stifel bitcoin ceo

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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.

2018-6-13 20:24	Regulation
regulations businesses could services significant crypto bitcoin

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A Primer on Cryptocurrency Technical Analysis

Crypto currency trading has expanded exponentially over the past 18 months. Most of the notoriety followed a surge in prices in December of 2017. Crypto currencies focus on different needs including payments, as well as smart contracts allowing developers and miners to create and market products.

2018-6-13 15:42
crypto most currency developers allowing well including

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Chinese Cryptomining Chip Giant Bitmain Is Considering an IPO

Bitmain — the largest and most established manufacturer of cryptocurrency mining chips — is considering an IPO, or initial public offering. This could potentially open the company’s books to the world and allow the stock market to assign the company real-time value.

2018-6-11 01:34	Investing

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Cryptomining Applications Suspended in Quebec

Canada’s Quebec province has announced that it will be suspending all approvals for new digital currency-mining projects so officials can consider deeper restrictions and potential energy price hikes.

2018-6-11 03:08	Mining

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Bitcoin Miner Aspires to Launch Largest Crypto Mining Facility in the U.S.

Coinmint, a cloud mining service provider, has confirmed it will go ahead with its proposed plan to open a cryptocurrency mining plant in an abandoned smelter previously used by Alcoa, in Massena, New York.

2018-6-11 01:16	Mining

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2018-7-8 15:37

cryptocurrency miners → Результатов: 40

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