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The First ‘Halving’ of Litecoin Mining Rewards is Just 4 Days Away


Yesterday, Charlie Lee, the creator of Litecoin, made an announcement which caught a lot of attention. In a Twitter post, he said that in the coming four days he would be found cutting Litecoin mining rewards into half. Why is this special? Well, it is special because it will take place for...

PR: Bitpunter Launches Transaction Mining for Online Gaming


The recent advent of transaction mining as a business model has taken the cryptocurrency world by storm, with transaction fee mining exchanges such as BitMax and FCoin overtaking other long-serving exchange powerhouses in a short span of time. The post PR: Bitpunter Launches Transaction Mining...

Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions


Nicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline application called Jetman Pay....

Iran Legalizes Crypto Mining


Iran is officially recognizing bitcoin mining as an industry it will regulate and for which it will set electricity rates

How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste


We are often told that the verification of bitcoin transactions eats a lot of energy. The largely inaccurate comparison to a small country, the size of Ireland or Denmark, is evoked thanks to numerous clickbait headlines. What mainstream media fails to explain, however, is that bitcoin mining...

7 Unorthodox Ways to Mine Bitcoin


Bitcoin isn’t crazy – in fact it might just be the soundest monetary system this generation has ever known. Some of the techniques miners have devised to extract it, however, are extremely unorthodox, ranging from the ingenious to the downright crazy. Here are seven of the strangest...

Bitcoin Mining Helps Oil Companies Reduce Carbon Footprint


Natural gas acquired as a byproduct of oil extraction has become synonymous with wasted energy. In certain areas, drilling companies are unable to find a profitable market for the excess fuel. It’s often vented into the atmosphere. Startups are now offering on-site systems that utilize...

Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned


According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of export. The CBI governor, Abdol Nasser Hemmati, explained that mined cryptocurrencies should flow back into...

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