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GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion

18.9.2020
California-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp. in a deal worth $40 billion. Nvidia, which specializes in making hardware for video game consoles and the crypto mining sector, said in a press release that it would pay Softbank a combination...

This crypto mining operator was named Bitmain’s sole North American cooperative repair center

17.9.2020
North America now has its own Bitmain repair center

Pool-X Launches BurningDrop, Supporting KTSt Genesis Mining

17.9.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com. On September 16, 2020, KuCoin, an IDG-backed crypto exchange, announced that its Pool-X platform has launched the BurningDrop program and will provide services for the Kratos Genesis token (KTSt) Distribution....

Global Digital Industry Group Launches Mining Business Bitworld

17.9.2020
The UAE cryptocurrency giant, Global Digital Industry Group (GDIG), has established its mining subsidiary Bitworld and will invest $50 million in the company by 2021 as it works to build the company’s presence in the Middle East bitcoin and Ethereum mining industry. GDIG has appointed...

Miny.CC – Innovation in the Cryptocurrency Mining Sphere

16.9.2020
Aberdeen, Hong Kong, September 16, 2020. – More than 10 years after the first cryptocurrency was successfully mined, the mining space is more controversial than ever. The process was created to be democratic; to allow any PC with spare computing resources to contribute the surplus to help...

Philippines SEC warns of 'cloud mining' Ponzi related to Bitcoin Vault

16.9.2020
The Philippines SEC has identified ‘Mining City’ as a Ponzi scheme and warned promoters of the scam that they could face up to 21 years imprisonment

TRON to Maintain SUN Genesis Mining for 14 Days After Launch

15.9.2020
Leading crypto-blockchain network TRON announced on Monday that it will maintain the SUN Genesis mining for 14 days after its launch on 16th September, 2020. In a Twitter thread, TRON Co-founder and CEO Justin Sun stated that users will be able to access LP mining without losing their staked...

Bitcoin Revolution South Africa: Scam Claims Support by President Cyril Ramaphosa

15.9.2020
A bitcoin investment scheme called “Bitcoin Revolution South Africa” has been gaining much attention lately. Promoters claim that famous South Africans endorse this platform, including mining billionaire Patrice Motsepe, comedian and actor Trevor Noah, and President Cyril Ramaphosa....

Iran’s crypto mines could be used to help fund car imports

14.9.2020
It seems that the private sector is not satisfied with the country’s local fiat money

Many cloud servers are still at high risk of being hijacked for crypto mining

14.9.2020
Is cryptojacking still an underrated threat?

Most Attacks on Cybersecurity Firm’s Decoy Servers Aimed at Mining Crypto: Report

14.9.2020
An analysis of 16,371 cyberattacks on Aqua Security "honeypot" cloud servers found the majority of hackers involved mining crypto

Crypto mining and remote work drive GPU sales boom in Russia

14.9.2020
Miners in Russia are purportedly buying more equipment amid regulatory uncertainty

Justin SUN Announces Observation List for SUN Mining Pool Community

14.9.2020
TRON Co-founder and CEO Justin SUN announced the observation list of the SUN mining pool community that serves as the reference for mining pool listing. In a Twitter thread posted on Sunday, Justin stated that SUN holders will use their tokens to vote and govern the community for setting up...

Iran May Fund Car Imports with Cryptocurrency Mining

14.9.2020
An Iranian free trade zone is proposing locally mined cryptocurrency might be a way to fund car imports

Uniswap Takes Lead Over SushiSwap Less Than 24 Hours After SUSHI Rewards Drop

13.9.2020
Shortly after SushiSwap's block rewards fell from 1,000 SUSHI tokens to 100, total value locked has fallen behind rival Uniswap

Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage

13.9.2020
Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. Bitcoin miners...

Defi Project Yfdex.Finance Vanishes With $20M Investors’ Funds Just Two Days After Launch

11.9.2020
Yfdex.Finance (Yfdex), a new liquidity mining pool, has reportedly exit scammed, making off with up to $20 million of investors’ funds. The decentralized finance (Defi) project convinced people to hand over their life savings following just two days of aggressive marketing on social media...