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Venezuelan Mining Parts Supplier Coincoin Now Accepts Bitcoin Cash


Venezuela is among those nations where cryptocurrencies enjoy faster adoption. The South American country suffers from a political and economic crisis causing hyperinflation of the national fiat, the bolivar. Coincoin, a mining equipment supplier based in Caracas, is one of many Venezuelan...

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...

Traders Are Now Banned From Using Localbitcoins Exchange in Iran


Traders from Iran have been banned from using the peer-to-peer trading platform Localbitcoins.com within the country. The Iranian section of the website displays a short message that states that the exchange is “currently not available.” The news follows significant Iranian rial trade...

Chilean Mining Giant Codelco’s Copper To Be Hit As Mines Go Underground


As far as the largest mining companies are concerned, they have the capability of taking big hits over the short term. However, it takes a whole new dimension when a company’s largest mine is out of business due to a restructuring process. That is exactly what has happened with Codelco, the Chilean...

Aussie Govt. Employee Charged for Mining Cryptos for Personal Gains


An Aussie govt. employee has been charged for mining cryptos by modifying govt. computers for his personal gains. The name of the person has not been revealed yet. This person has been accused of mining cryptos that were worth more than AU$9,000 (US$6,184) for his own gains. The Australian Federal...

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