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Tokyo-Based Zigmabit Offers Mining Rigs for Homes and Offices
14.1.2020
Cryptocurrency mining develops rapidly like any high tech sector. Improvements in the hardware and auxiliary systems make it possible to design mining rigs that are more compact and silent than they used to be, while also profitable to run. Zigmabit is a manufacturer that assembles units suitable...
Pre-Bitcoin Halving Race Pushes Mining Difficulty to Record High
14.1.2020
As Bitcoin (BTC) mining difficulty and hashrate are reaching new all-time highs, the Cryptoverse is discussing the meaning behind it, and it seems unlikely that the miners are capitulating ahead of the Bitcoin mining reward halving in May.
As reported by Cryptonews.com in October 2019, miners will...
Close to 11 Million BTC Haven’t Moved in Over a Year
13.1.2020
According to a new research report published by Digital Asset Data, more than 10 million BTC has been sitting dormant for a whole year. Data shows that unmoved bitcoins account for roughly 59% of the current minted supply and it’s the largest number of dormant coins since the start of 2017....
Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance
11.1.2020
During the first month of the new year, the research firm Tokeninsight published its “Mining Industry Annual Research Report,” which covers the competitive bitcoin mining sector. Tokeninsight’s study highlights the fact that BTC’s hashrate increased by 80% in 2019, even...
Bithumb Pledges $8M to South Korea’s ‘Regulation-Free’ Blockchain Zone
10.1.2020
South Korean cryptocurrency exchange Bithumb has pledged to invest roughly $8 million into the Busan blockchain zone. The region was recently declared “regulation-free” by the national government and modeled after the Switzerland town of Zug. Bithumb’s subsidiary GCX Alliance will...
Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump
10.1.2020
On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U.S. shares. Canaan shares initially sold for $8.99, but plummeted over 48% on December 16 to $4.65 per share. Since then, Canaan has launched a series of five...
This Metric Suggests Bitcoin Has Bottomed Out
10.1.2020
Bitcoin likely carved out a major price bottom in December, according to a non-price metric, which has proved as a reliable price indicator in the past
More Altcoin Mining to be Integrated by Mining Pools in 2020 - Report
10.1.2020
2020 will see the mining pools start to integrate more altcoin mining with huge market potential and risks, says token data and rating agency TokenInsight.
The agency's 2019 mining industry report claims that there are only 64 mineable coins including Bitcoin (BTC) with more than USD 100,000...
US SEC Traces $3.5M Back To Alleged Fraudster Behind Fake Crypto Mine
9.1.2020
Operator of an allegedly fake crypto mine faces criminal charges from the SEC for fraudulent securities offerings worth $3.5 million
SEC Charges Man Behind Alleged Crypto Mining Scam
9.1.2020
The SEC claims Donald Blakstad bilked investors of $3.5 million. One scheme involved a non-existent crypto mining operation
This Company Sets Out to Prove Crypto Mining Has a Place in Your Home
9.1.2020
Hotmine, a company based in Ukraine which engineers home appliances for crypto enthusiasts, is not new to mining equipment development. But sometimes it takes the right time and the right technology to be able to create and offer solutions that consumers would be willing to buy and use. Thanks...
Will Google’s Quantum Supremacy Break Bitcoin in 2020?
9.1.2020
The crypto space would not be the same with the invention of quantum computing in the tech industry
Canada’s DMG Blockchain Installs 1,000 New Bitcoin Mining Rigs for US Client
9.1.2020
DMG Blockchain Solutions has set up 1,000 new Bitcoin mining rigs at its British Columbia facility for an unnamed U.S. client
Interpol Collaborates With Cybersecurity Firm to Tackle Cryptojacking
9.1.2020
Interpol finds success in removing cryptojacking malware from MikroTik routers that brought tens of thousands of dollars in revenue
Interpol Leads Operation to Tackle Cryptojacker Infecting Over 20,000 Routers
9.1.2020
The international crime fighting agency led an operation to stem a plague of cryptocurrency mining malware afflicting computer routers across Asia
Is Bitcoin Mining hazardous to the Environment?
9.1.2020
The enormous consumption of electrical energy in the mining of Bitcoin has been a burning issue of debates over the past few years. Bitcoin was invented in 2008 by Satoshi Nakamoto when the world was going through the dark cloud of the financial crisis. The financial catastrophe in 2007–2008...
Lenovo Using Eco-Friendly Methods to Help Run GoChain Blockchain
8.1.2020
Computer giant Lenovo will operate a signing node on GoChain’s blockchain, using eco-friendly methods
3,000 New S17 Pro Antminers Start Operation at Riot's Oklahoma Crypto Mine
8.1.2020
Riot Blockchain is in the process of incorporating 3,000 S17 Pro Antminers from Bitmain to Oklahoma facility
A Russian Nuclear Plant Is Renting Space to Energy-Hungry Bitcoin Miners
8.1.2020
A state-owned nuclear power plant in Russia may soon fuel a bitcoin mining hub
Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas
8.1.2020
The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world....