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Nalezeno "Bitcoin Mining": 3319

Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners


Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption...

Bitmain Launches Low-Cost Special Edition Antminer S9


On Monday, June 17, the Chinese mining rig manufacturer Bitmain Technologies announced the launch of a low-cost miner called the Antminer S9 version SE. The new 16 terahash per second (16TH/s) S9 SE is $350 per unit and the launch celebrates the company’s most popular product, the original...

Bitmain Sues Former Employees Who Founded Rival Poolin Mining Pool


In one of the rare incidents involving a dispute between cryptocurrency mining firms, the leading Bitmain company, which is the leading players in the industry, has now locked in a legal battle with rival Poolin firm. Interestingly, Poolin has been co-founded by three formal employees of Bitmain...

Study: Publicly Listed Chinese Firms Quietly Participate in Bitcoin Mining


According to regional reports, a few publicly listed Chinese companies have been secretly mining bitcoin by pretending to provide cloud or web hosting services. Moreover, recent studies have revealed a growing trend of mystery miners processing the BCH and BTC networks at the same time as these...

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