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Man Using a TV Studio’s Electricity to Mine Ethereum Has the Last Laugh


An unexpected winner appears to have emerged in one of the most bizarre crypto mining stories of the year – one with a twist in the tale! The story, as reported by media outlet Xataka, begins at the studios of local authority-run television station in Andalucía, Spain, named Canal Málaga. Canal...

Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin


Utilizing stranded gas to power bitcoin mining rigs at oil and gas wells is a promising business opportunity. It is profitable for all participating parties and beneficial for the environment. Not without challenges, this young industry is growing in energy-rich North America. Several companies...

The future is bright, because the future is static


I've been doing this web thing for money for 10 years this year and although I haven’t been around as long as some folks, I feel like I've seen a few cycles come and go now, so let's say that hot new things are often cynically viewed, initially. This milestone of mine has also got me in...

5 Easy Ways to Earn Cryptocurrency


The days of individuals mining popular cryptocurrencies are over. The amount of time and energy required to mine bitcoin is immense and you’d be competing with business with massive mining farms. What you can do, however, is chip away at earning cryptocurrency via a few simple tasks that...

Mining Giant Bitmain Confidentially Files for U.S.-Based IPO


According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement...

Why Bitcoin is the Best Coin to Mine and Still Makes for a Profitable Venture?


The evolution of the cryptocurrency concept has led to the development of a whole new ecosystem in today’s modern economy. Digital coins require several supporting technologies that include the likes of blockchain and the internet, among others. Also, the role played by the internet of things (IoT)...

Bitmain Aims to Build a 300MW Texas Mining Farm


The Beijing-based Bitmain Technologies and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas. The new mine aims to bolster Bitmain’s international expansion which will soon expand to 50MW of processing power and then extend the operation’s...

Bitcoin Cash Roundup: Adoption Stories and New Developments


Bitcoin Cash (BCH) adoption, development, and participation continue to spread as there’s been a myriad of BCH-related announcements in the last few weeks. Moreover, there’s now over 18 million bitcoin cash in circulation and only three million coins left to mine. Also read: Ethereum...

Video Shows $10M Chinese Bitcoin Mining Farm in Flames


During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic...

A Short History of the World’s Largest Bitcoin Mining Pools


Mining pools grow and shrink, and rise and fall altogether. Today there are more extinct mining pools than there are active ones. The hashpower of the survivors secures hundreds of PoW crypto networks, from major coins such as BTC and BCH to obscure altcoins such as monero classic...

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