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Nvidia triples revenue forecast for crypto mining GPU sales
13.4.2021
The California chipmaker says Q1 financials for fiscal 2022 are on track to surpass initial estimates with demand for crypto mining graphics cards on the rise
Venezuelan Guards Seize 76 Bitcoin Mining Rigs Due to ‘Inconsistencies’ in Transport Documents
13.4.2021
The Bolivarian National Guard of Venezuela (GNB) is known for having a tough stance against crypto mining rig counterfeits, as several operations have been assigned to combat the issues over the last few months. This time, the Venezuelan authorities seized 76 mining rigs after allegedly detecting...
Bitriver to Sell Tokens Backed by 100 Megawatts of Low-Carbon Siberian Mining Power
13.4.2021
On April 12, the international provider of colocation services for low-carbon cryptocurrency mining Bitriver announced it is launching a pre-sale of tokens backed by 100 megawatts (MW) of mining power in Siberia. The ERC20 tokens called “bitriver token (BTR)” will represent a single...
Cryptojacking Activity Decreased for the First Time Since 2018, Says Intelligence Report
8.4.2021
Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud. A threat intelligence firm compiled the results. Report Focused on Cryptojacking Incidents With Monero According...
Hackers Target Github Server Infrastructure to Mine Cryptocurrencies
7.4.2021
Github services is under investigation after a series of reports on attacks against one of its infrastructures by running unauthorized crypto mining apps. Cybercriminals allegedly exploited some security flaws that could have been exploited to mine cryptos illicitly. Attacks Exploit ‘Github...
Summit Mining: Crypto Mining Made Both Profitable & Fair
6.4.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The cryptocurrency mining space has evolved significantly since its first days, more than a decade ago. However, if you’ve been feeling like you missed out, there’s still time to start and even turn a profit—if...
Hong Kong Customs seizes 300 crypto mining GPUs in anti-smuggling operation
5.4.2021
Hong Kong Customs intercepted a large volume of pricey exotic foods, cosmetics and dedicated cryptocurrency mining GPUs in their latest successful anti-smuggling action
Abkhazia Plans to Criminalize Crypto Mining as Energy Crisis Deepens— Extends Temporary Ban
3.4.2021
Crypto mining in Abkhazia is still a hot potato for the de facto state government, which is now determined to criminalize such activities. Continuous massive power disruptions, in parallel, are fueling the anger of the people towards crypto miners. Public Officials to Face Bigger Penalties...
Abkhazia to Criminalize Crypto Mining and Extend ‘Temporary’ Ban
1.4.2021
The de facto South Caucasus state of Abkhazia’s crypto mining miseries continue to deepen, with the government set to criminalize mining – and extend a mining ban as power supplies continue to experience disruption.
As previously reported, anarchic scenes have become commonplace as large-scale...
Hut 8 Purchases $30M Worth of Nvidia’s GPU Miners, Looks to Push Capacity to 1,600 Gigahash
27.3.2021
On Friday, the publicly listed firm Hut 8 announced the purchase of $30 million worth of Nvidia’s dedicated crypto mining GPUs called the Cryptocurrency Mining Processor (CMP). Nvidia CMPs mine the crypto asset ethereum and Hut 8 expects its aggregate operational power will be 1,600 gigahash....
Vaast Crypto Mining Clusters Partners with Heim Technology
23.3.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Vaast crypto mining clusters, the fastest growing group of globally distributed GPU and ASIC cryptomining clusters, has partnered with Heim Technology, the ecosystem for spawning holographic temporal blockchains...
AMD Won’t Restrict Crypto Miners From Using Its Graphic Cards
22.3.2021
Major chipmaker Advanced Micro Devices (AMD) keeps making headlines amid the battle between crypto miners and PC gamers. Now, the company seems to have made a step forward to become friendlier to those with crypto mining purposes. AMD Doesn’t Want to Follow Nvidia’s Path According to...
Pakistani province to pilot crypto mining farms
18.3.2021
The Pakistani province of Khyber Pakhtunkhwa will build two pilot cryptocurrency mining firms as part of a new state policy
How to Earn Crypto Mining Rewards At Home
16.3.2021
Start earning crypto mining rewards for as little as $50 on Miner Plus, including BTC, LTC, BCH, and ETH. Over the past few years, crypto mining demand has gained pace, given the astonishing price growth over the past decade. However, the switch to ASIC miners on proof-of-work (PoW) tokens such...
Norway’s Fourth-Richest Man Invests in a Crypto Mining ASIC Manufacturer
13.3.2021
According to regional reports, the Norwegian billionaire and hedge fund manager, Ole Andreas Halvorsen, is investing funds into an energy-reducing cryptocurrency mining chip hardware company. The company Norway’s fourth richest man is investing in claims to build application-specific...
Dogecoin mining announcement crashes streaming company's website
12.3.2021
A massive online traffic surge temporarily overloaded a website back in February after the company announced that it invested in Dogecoin
Video Cards, Crypto Mining Facility Demand Soars in Russia
11.3.2021
The demand for video cards and ready-made bitcoin (BTC) and altcoin crypto mining centers is rising astronomically in Russia as more people in the nation flock to the fast-expanding sector.
Per a report from the media outlet Gazeta, data from the Russian e-commerce platform Avito revealed that last...
South Korean Officials Notice a Sudden Rise in Crypto Mining Rigs Imports- Over 41 Shipments Intercepted in 3 Months
11.3.2021
Crypto adoption is a hot topic in South Korea, and recent figures have been proving it. However, crypto mining activity is also starting to gather interest across the country, per the latest reports from local media outlets. A Single Rig Should Worth $150 ‘or Less’ to Be Considered...
AMD Could Release Its Own Crypto GPU to Mine Ethereum to Calm Down the Skirmish Between Miners and Gamers
10.3.2021
A U.S. multinational semiconductor company could be preparing the ground to release its own series of cryptocurrency mining processors. AMD is reportedly looking to introduce a GPU for mining Ethereum. AMD Navi 12 Won’t Have Video Outputs According to PC Gamer, the AMD Navi 12, a graphic...
Argentinean Startup Accelerator Launches Crypto Mining Farm in Mar Del Plata
7.3.2021
The Technological District of Mar del Plata, Argentina, will host a massive crypto mining operation backed by a domestic startup accelerator. Lothal Mining is the company that will run the operations of the mining firm in the Argentinean city. Firm Will Mine Ethereum During the First Stage...