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Environmental Groups Seek Injunction Against NY Bitcoin Miner
Exclusive Sierra Club This December, three environmental groups and a set of individuals are trying to keep Greenidge Generation from building four new structures for additional Bitcoin mining. Richard Lippes, a Buffalo, NY attorney, filed an Article 78 with the State Supreme Court seeking an injunction to halt construction of the buildings. дальше »
2020-12-23 23:48 | |
Analysts: Institutional Investor Interest Fueling BTC Rally, Liquidity Crunch Narrative Debunked
Crypto analysts are pushing back against the narrative that the current BTC rally is being fuelled by a liquidity crunch afflicting bitcoin mining pools in China. The liquidity crunch, which is caused by an ongoing regulatory crackdown in that country, has reportedly left miners unable to sell their BTC holdings. дальше »
2020-11-22 02:00 | |
NYDFS Expresses Concern Over Bitcoin Mining & Climate Change
The New York Department of Financial Services (NYDFS) has sent out a letter to several financial institutions warning against Bitcoin mining and climate change risks. The Oct 29 letter, which is signed by Superintendent Linda Lacewell and addressed to the heads of these institutions, specifically mentions crypto mining as a risk factor. дальше »
2020-10-30 15:25 | |
Philippines Regulator Warns Investors to Steer Clear of Mining City’s Bitcoin Vault Ponzi
There’s a mining contract scheme people are discussing and making the rounds on the web called “Mining City” or “Bitcoin Vault. ” The Philippines SEC recently put out a warning against the operation and the alleged masterminds behind the project. дальше »
2020-10-16 22:45 | |
Kazakhstan Proposes 15% Tax on Bitcoin Mining to Help Combat Coronavirus
Kazakhstan has proposed legislation that would see a 15% tax imposed on bitcoin mining firms. This is part of efforts to raise money to help with the fight against the coronavirus pandemic. Proposed by the country’s Ministry of Economy, the new tax plan requires bitcoin (BTC) miners to first file an application for registration with […] The post Kazakhstan Proposes 15% Tax on Bitcoin Mining to Help Combat Coronavirus appeared first on Bitcoin News. дальше »
2020-8-12 05:00 | |
Crypto Mining GPU Manufacturer, NVidia Petitions Court to Toss Out $1 Billion Class Action
NVidia has petitioned the California court to dismiss the class action suit made by its investors. The lawsuit against the firm’s top brass alleges that they understated more than $1 Billion in revenue between 2017 and 2018 from crypto mining GPUs instead of owing it to the gaming sector. дальше »
2020-7-2 20:54 | |
Bitmain’s Power Tussle Reaches Fever Pitch As Micree Zhan Accuses Jihan Wu Of Illicit Actions
In the light of recent events, Bitmain’s ownership may soon be confronted with a dramatic upturn. On June 22, Micree Zhan, one of the co-founders of Bitmain, the largest bitcoin mining chip producers in China, issued a document against his founding co-partner Jihan Wu, accusing him of illicit actions which put a threat of him […] дальше »
2020-6-23 18:45 | |
Crypto Derivatives Exchange FTX Launches Bitcoin Hashrate Futures
On Friday, cryptocurrency derivatives exchange FTX launched a hashrate futures tool that allows Bitcoin (BTC) miners to hedge against mining difficulty risk. Hashrate, the amount of processing power dedicated to a Bitcoin network at a given time, determines the strength and security of the network. дальше »
2020-5-16 21:35 | |
Traders Flee Top Crypto Tokens for Bitcoin Ahead of Halving
All the top crypto tokens fell against Bitcoin this Wednesday but recorded gains in the US dollar-enabled markets. High-cap altcoins have logged negative returns in May 2020, right ahead of Bitcoin’s much-awaited mining reward halving. дальше »
2020-5-7 17:00 | |
US State Regulators Order ‘Fraudulent’ Crypto Mining Scheme to Shut Down
The Texas State Securities Board and Alabama Securities Commission filed an emergency action against Ultra Mining, alleging it offered unregistered securities by promising to double investments in a cloud mining scheme. дальше »
2020-4-9 20:00 | |
Canaan IPO Class Action: Shareholders Must Decide Who Will Represent Them By May
Canaan's stakeholders have a deadline set by May to name who will represent their interests in class-action lawsuit against the mining firm
дальше »2020-4-8 00:09 | |
Canaan Crypto Mining Firm Lawsuit to Get Underway Next Month
As litigation begins for crypto mining equipment manufacturer Canaan over its IPO, shareholders must decide on the lead plaintiff by May. The Crypto Class Action Lawsuit Against Canaan IPO In an official release today, leading law firm Robbins Geller Rudman & Dowd LLP announced that the decision deadline to choose the lead plaintiff in the Canaan Inc. дальше »
2020-4-8 19:00 | |
Mining Firm Threatens Lawsuit Against Steem Fork For Using The ‘Hive’ Moniker
On March 20th, the Steem community launched a hardfork, seeking to improve the ecosystem and offer its users a truly decentralized blockchain, after many weeks of several conflicts with Justin Sun — Founder of TRON— who became the most influential player in the Steem Blockchain. дальше »
2020-3-24 22:25 | |
Court Backs County for Electricity Price Hike Targeting Crypto Mining
A Washington court has sided against six crypto mining entities who sued Grant County for upping the electricity prices it charged to “emerging industries” in 2018
дальше »2020-3-15 19:31 | |
Mining company suing Bitmain, Kraken, Roger Ver over the Bitcoin hash wars sees case dismissed
After a year of appeals, a U. S. Court has dismissed a lawsuit against several Bitcoin Cash proponents, including Bitmain, Kraken, Bitcoin. com, and their respective owners and founders. The lawsuit, filed by Florida-based mining company UnitedCorp, alleged that the defendants colluded during the Bitcoin hash wars, which crashed BCH prices and decimated the company’s mining rewards. дальше »
2020-2-6 06:30 | |
Mining company suing Bitmain, Kraken, Roger Ver for the Bitcoin hash wars sees case dismissed
After a year of appeals, a U. S. Court has dismissed a lawsuit against several Bitcoin Cash proponents, including Bitmain, Kraken, Bitcoin. com, and their respective owners and founders. The lawsuit, filed by Florida-based mining company UnitedCorp, alleged that the defendants colluded during the Bitcoin hash wars, which crashed BCH prices and decimated the company’s mining rewards. дальше »
2020-2-6 06:30 | |
Reports Criticize Bitcoin SV Miners and the Chain’s Upcoming Fork
In the last two days there have been two critical posts published against the Bitcoin Satoshi’s Vision network (BSV). On December 17, Binance Research published an allocation mining report that analyzed the mining activities of BTC, BCH, and BSV and the research detailed that BSV miners are mining irrationally to protect their investment. дальше »
2019-12-20 10:55 | |
Challenges Faced by Running Mining Operations and How to Mitigate Against it
Whenever bitcoin mining is mentioned, it is normal for the mind to drift towards pickaxes, and getting oneself messed up with dirt while striking it big. Such thoughts aren’t far fetched from the actual meaning of bitcoin mining. дальше »
2019-12-9 17:16 | |
Nvidia Claims Investors’ Cherry-Picking Information, Not Misled about Crypto Mining Boom
Nvidia has urged a California federal judge at a hearing on Friday to dismiss a case against it brought by investors who claim that the company misled them about cryptocurrency mining revenues. The American technology company that designs graphics processing units (GPUs) says the plaintiff cherry-picked information and relied on a Morgan Stanley analyst and […] дальше »
2019-12-8 19:05 | |
Government-Sponsored Bitcoin Mining Operation Shuttered in Canada
Great North Data, a Canada-based Bitcoin mining and AI algorithm processing center has shuttered and is filing for bankruptcy protection. The company has listed more than $13 million in liabilities against a meager $4. дальше »
2019-12-5 12:34 | |
United American Corp Fights Lawsuit Dismissal Against Crypto Mining Giant Bitmain
In a recent report, the United Corp claims the courts should not dismiss Bitmain from the U.S. antitrust suit, as Bitmain had asked. However, Bitmain is insisting that the court should wave off the case because the crypto company had missed a deadline to serve its claim against Bitmain. After Bitmain’s request to the court, […] дальше »
2019-11-30 21:11 | |
Hard Problems in Cryptocurrency: Five Years Later
Special thanks to Justin Drake and Jinglan Wang for feedback In 2014, I made a post and a presentation with a list of hard problems in math, computer science and economics that I thought were important for the cryptocurrency space (as I then called it) to be able to reach maturity. дальше »
2019-11-25 04:03 | |
No Threat of Centralization: How Exchanges View the Mining Industry
Coinbase, Kraken and other cryptocurrency exchanges are taking positions on proof-of-work consensus and Bitcoin mining. Despite criticisms against proof-of-work, they argue there is little risk of centralization-induced attacks. дальше »
2019-11-13 15:46 | |
Mining giant Bitmain drives out co-founder Micree Zhan, BCH surges
Bitmain, one of the largest mining hardware manufacturers in the world, has ousted co-founder and largest shareholder Micree Zhan Ketuan in what seems to have been a bloody power struggle within the company. дальше »
2019-10-30 23:37 | |
Mining giant Bitmain drives out co-founder Micree Zhan, BCH surges
Bitmain, one of the largest mining hardware manufacturers in the world, has ousted co-founder and largest shareholder Micree Zhan Ketuan in what seems to have been a bloody power struggle within the company. дальше »
2019-10-30 23:37 | |
Challenges Faced by Running Mining Operations and How to Mitigate Against It
Coinspeaker Challenges Faced by Running Mining Operations and How to Mitigate Against ItBurency has been involved in various business activities relating to blockchain and cryptocurrency including the Burency exchange. дальше »
2019-10-28 11:29 | |
Good-Luck Texas Town Bets On Bitcoin And Wins: Bitmain Launches Mining In Rockdale
Good things happen to those who wait. And in case of crypto, three months is sometimes enough. That’s the time between a Wired article that railed against the inevitable fool’s errand of working with Bitmain… and the launch of Bitmain’s Texas 50 MW mining farm in Rockdale, Texas, a location that the Chinese company considers […] The post Good-Luck Texas Town Bets On Bitcoin And Wins: Bitmain Launches Mining In Rockdale appeared first on Crypto Briefing. дальше »
2019-10-22 16:31 | |
Billionaire Bitcoin Bull Backs Fight Against Chinese Monopoly on BTC Mining
A long-time Bitcoin bull with around $2.3 billion in net worth, Peter Thiel, is a good ally to have on your side if you plan on challenging China’s dominance in the global BTC mining industry. On that count, San Francisco-based Layer1 has scored a big win by raking in millions in funding from Thiel — […] The post Billionaire Bitcoin Bull Backs Fight Against Chinese Monopoly on BTC Mining appeared first on BeInCrypto. дальше »
2019-10-22 07:43 | |
Explosive Mining Growth Indicates High Confidence in Bitcoin (BTC)
Bitcoin miners are not giving up, showing immense confidence and working against significant network difficulty. The last difficulty hike from September 13 made it 10. 38% less likely for miners to discover a block. дальше »
2019-9-19 18:00 | |
Maltese Bitcoin Miner Wins Lawsuit Against Mining Equipment Seller
Malta’s Consumer Claims Tribunal (MCCAA) has ordered Dario Azzopardi, a retailer of Bitcoin mining machines to refund $2,239 (€2,000) to a client who claimed that the machine they had purchased from the firm generates a lot of noise and massively consumes electricity, reports Malta Today on August 6, 2019. дальше »
2019-8-7 05:00 | |
DigiByte’s latest hash algorithm, Odocrypt, claims to improve mining experience
There is always a Yin for a Yang, with many major businesses swimming against the tide by integrating their operations with blockchain technology. Following a growing adoption rate, blockchain technologists are building innovative technologies in order to get ready for mainstream adoption in the near future. дальше »
2019-7-23 08:31 | |
India’s Anti-Crypto Stance is Boosting its Bitcoin Trading Value
India is continuing its battle against cryptocurrencies. Nevertheless, after a supposed draft bill to ban cryptocurrency in India and up to ten years in jail for mining, holding, or using crypto, the government is not seeing the expected results. дальше »
2019-6-24 01:00 | |
BTC’s existential limitations the primary reason for rise of altcoin universe?
Going against the tide of crypto adoption, Australia’s central bank published a comprehensive report aimed at glorifying their domestic fiat against Bitcoin. The primary argument made by the Reserve Bank of Australia (RBA) was related to the network speeds, scalability and mining costs of Bitcoin, although the ultimate focus was on flaunting Australia’s fiat network’s current performance. дальше »
2019-6-21 22:00 | |
Monero Looks For More Permanent Solution To Push Back Against ASIC Miners
To stave off ASIC miners, Monero developers have regularly forked the network to middling success. Now that ASIC manufacturers can produce chips faster than Monero can hard fork, Monero developers are moving forward with a new mining algorithm dubbed "RandomX," which is designed to render ASICs non-competitive. дальше »
2019-6-13 19:17 | |
Bitcoin and RBI: Is It A Case Of Murphy’s Law For BTC Supporters?
Bitcoin drop 7. 4 percent Reserve Bank of India could get a boost with the latest draft bill proposing more stringent measures against crypto investors and developers. Yesterday’s FUD that India’s legislators are proposing a ban of cryptocurrency mining, trading or holding did expose RBI’s underbelly. дальше »
2019-6-8 20:00 | |
Monero Community Reveals New Anti-ASIC Mining Algorithm
Developers of the Monero privacy coin have announced a new weapon in their battle against centralization. In collaboration with Arweave, a serverless storage protocol, the Monero team is validating a new, ASIC-resistant mining algorithm, dubbed RandomX. дальше »
2019-6-4 11:17 | |
Tezos Bounces and Bitcoin Cash Increases Despite 51% Attack [Price Analysis]
Bitcoin Cash Price Analysis In light of a recent 51% attack which took place in the Bitcoin Cash network, the price of Bitcoin Cash has appreciated against both USD and BTC. The 51% attack took place on the 15th of May and was coordinated by both the BTC. дальше »
2019-5-30 11:39 | |
Новое обновление сети Dash сделало ее устойчивой к «атакам 51%»
Сеть, на которой работает криптовалюта Dash, прошла крупное обновление. Она получила защиту от «атак 51%» и существенно повысила скорость транзакций. Роль в их проведении перешла от майнеров к мастернодам. дальше »
2019-5-27 16:20 | |
New Cryptojacking Campaign Infects Asia Using More Profitable Tactics
Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting. дальше »
2019-4-27 22:07 | |
Ethereum [ETH] ProgPow implementation would lead to a drastic drop in hash rate, says developer
Programmatic Proof-of-Work [ProgPow] has so far been one of the most talked about upgrades in the Ethereum community. The protocol that aims at making GPU mining more efficient against ASIC mining also raised questions pertaining to the governance of the ecosystem. дальше »
2019-4-25 05:00 | |