Searching for: "Mining"
MINING
The process that results in the release of certain amounts of a particular digital currency into its circulating supply. Mining is often the process that governs the verification of transactions and the addition of blocks to a blockchain.
Spring for Crypto Mining? Bitfury Launched Institutional Mining Fund!
The Bitfury Group had partnered up with the Swiss based investment firm – Final Frontier to launch a bitcoin mining fund for institutional investors, according to its Twitter feed on 24 April.
Bitfury gained regulatory approval from the Liechtenstein’s financial regulator. Both companies said the fund will invest assets in turnkey that have mining sites with one of the lowest electricity costs in the world that feature Bitfury’s mining sites.
117 Smuggled Crypto Mining Machines Seized by Iranian Police
The Iranian provincial police had apprehended an individual who was said to be smuggling in cryptocurrency mining machines. This was reported by the local news agency Fars News, on July 31.
World's Second Largest Bitcoin Mining Company Raises $90M in US IPO
The world’s second-largest bitcoin mining equipment producer, Canaan Inc. raised $90 million during its initial public offering (IPO).
Heaven for Bitcoin Miners? Iran Officially Legalizes Crypto Mining
The Iran Chamber of Commerce, Industries, Mines and Agriculture recently published a statement that the Iranian Economic Commission has approved a mechanism for digital coin mining.
"The Bitcoin Mining Network – Trends, Marginal Creation Cost, Electricity Consumption and Sources"
“The Bitcoin Mining Network – Trends, Marginal Creation Cost, Electricity Consumption and Sources” investigates the marginal cost of creation of bitcoin; the composition, efficiency, electricity consumption and electricity sources of the Bitcoin mining network.
Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO
One of China’s largest bitcoin mining hardware makers, Canaan Creative, publicly filed for a U.S. IPO on Monday, The Block Reports.
Ethereum's Vitalik Buterin Thinks Mining Monero on HTC Phones is a “Fool’s Game”
Ethereum co-creator has downplayed the partnership between HTC and Midas Labs, which enables Monero mining on mobile phones.
What are the 3 Challenges and Predictions for Bitcoin Mining?
Various blockchain and financial professionals joined our event “Can Bitcoin Sustain Its Positive Price Run? How does it affect miners?” on 23 May 2019 held in Genesis Block, Hong Kong. This event looked at the current investment landscape and regulatory challenges on Bitcoin mining and a hot topic for all BTC holders: What is the price of Bitcoin going forward?
Bitcoin on Showtime: Winklevoss Biographer Writes BTC Mining Plot for Billions
Sunday’s episode of the Showtime series Billions featured a cryptocurrency mining scheme being executed in a prep school.
Microsoft Patents Cutting Edge Human-Powered Crypto Mining System
Microsoft has filed for a patent for a cryptocurrency mining system that will leverage the data collected from people as they interact with advertising or exercise.
Bitmain Launches Cheaper Mining Machines After Bitcoin Halving and Losing Market Share to MicroBT
Bitmain has launched a cheaper version of a Bitcoin mining machine, Antminer T19, compared to its more pricy predecessor Antminer S19. Bitmain has been losing its market share to its rival, MicroBT, which launched its M30S++ Bitcoin miner in April this year. The Antminer T19 has a hashrate/ mining power of 84 terahash per second (TH/s), and power efficiency of 37.5 joules per terahash (J/TH). The price of this new mining machine is around $1750, while the S19 costs around $1785.
Iran Government Offers Up To 20% Reward To Anyone Who Exposes Illicit Cryptocurrency Mining In The Country
Iran just offered a reward to anyone who exposes illicit cryptocurrency mining in the country.
PowerGhost: The Mining Malware to Watch in 2020
In Part 3 of the interview, Yeo Siang Tiong, General Manager for Southeast Asia, Kaspersky shared with us the state of cryptocurrency mining malware and he believed we should watch out for Powerghost in 2020! Yeo also explained the cybersecurity solutions of Kaspersky on quantum computing.
COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency
Publicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.
China's Bitmain shows Bitcoin Mining remains Profitable After Posting $300 Million in Revenues
Bitmain, one of the largest mining equipment makers globally, has reported revenues of $300 million thus far in 2020. While its business has faced turmoil in recent times, the core strategy continues to reap benefits.