Police Bust Chinese Bitcoin Mining Farm After Surge in Power Usage
Police in eastern China busted a bitcoin mining operation following a surge in local electricity usage, according to a wire report from Agence…
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mining
Iranian Official Says US Congress is Working to Block Iran’s Crypto Mining
According to Zarandi, Congress considers cryptocurrency a tool for evading sanctions and money laundering, and is therefore trying to legislate against Iran’s…
Bitcoin’s First Public Mining Pool Is Rebranding
The company behind Slush Pool, the first cryptocurrency mining pool to make its services publicly available, is rebranding. The Prague-based company Braiins is…
China’s New Policy Isn’t An Automatic Bitcoin Mining Ban
People’s Bank of China (PBoC), together with six other central government agencies and financial regulators, banned initial coin offerings (ICOs). Later that…
It Only Costs $531 To Mine One BTC If You Live In Venezuela
Yes, it’s true. Venezuela is not only a country on the northern coast of South America with diverse natural attractions, but it is also a country where you are…
New Report Highlights Increasing Decentralization of Bitcoin Mining
Bitcoin (BTC) mining has become more decentralized and continues to diversify, a new report from Canadian wealth management company Canaccord claimed on Feb.…
Chip Maker TSMC Reports ‘Big Drop’ in Crypto Mining Revenue
Chip-making giant Taiwan Semiconductor Manufacturing Company (TSMC) has reported a slump in its crypto mining business revenue for last year. The firm…
Crypto mining giants in Japan and China close up shop
The year-long bear market of 2018 has affected more than just cryptocurrency prices. Related industries such as large-scale mining have also suffered as…
The EU Is Banning Almost All Coal Mining on Jan 1
No More Handouts
Every unprofitable coal mine in the European Union must cease production by the first day of 2019, the date on which all public funds for…
GMO Quits Selling Mining Machines After Crypto Market Downturn
Japanese IT giant GMO Internet has said it will quit making and selling crypto miners following a year of bear market lossesThe firm announced Tuesday that…