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Can Cryptocurrency Mining Drive Further Growth to the Clean Energy Sector?
Although cryptocurrency mining contributes significantly to the greenhouse effect, the crypto mining industry may be the answer to further investment and growth for the clean energy sector. According to the World Economic Forum’s (WEF) report published on September 16, 2018, while many cryptocurrency miners use non-renewable sources, the cryptocurrency mining industry could benefit significantly if […] Can Cryptocurrency Mining Drive Further Growth to the Clean Energy Sector? was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-9-19 16:59 | |
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Amidst India’s Reluctance to Adopt Cryptocurrencies, ‘Cryptojackers’ Mint Money off of Indian Websites
Although Indian regulatory bodies have maintained their distance from cryptocurrencies – this attitude has not deterred ‘cryptojackers’ from indirectly mining cryptocurrencies off of government websites. дальше »
2018-9-18 14:00 | |
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Cryptojacking Hackers are Targeting Highly Trusted and Trafficked Indian Govt Sites for Mining Power
Cryptojacking Activities Now Targeting Indian Government Websites for Crypto-Mining Power According to a report by the Economics Times on September 17th 2018, Indian government websites are now popular cryptojacking avenues. дальше »
2018-9-17 22:57 | |
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Ukrainians Advised to Pay 19.5% Tax on Crypto Incomes
In the absence of dedicated regulation, Ukrainians are expected to pay the regular 19. 5% income tax rate on their profits from crypto-related activities like trading and mining, a high-ranking official from the Finance Ministry in Kiev explained. дальше »
2018-9-8 13:10 | |
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”Ghost Town” in British Columbia Eyes Revival as Bitcoin Mine Comes to Town
The town of Ocean Falls in British Columbia, Canada, is set to become yet another example of a rejuvenated small town with a new crypto mining facility in town. A report on September 4, 2018, shows that after four long decades of little to nothing happening, the fortuitous presence of cheap hydroelectric power has attracted a bitcoin miner to town,...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »
2018-9-7 01:00 | |
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EU Investigates Stricter Common Cryptocurrency Rules, Potential $9 Million ICO Fundraising Cap and Mining Ban
The European Union is currently investigating the potential benefits of adopting a set of common rules regarding the distribution and trading of cryptocurrencies and digital assets, with a report calling for stricter disclosure roles set to be considered by EU finance ministers later this week. дальше »
2018-9-7 22:00 | |
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Bitmain-Owned Mining Giant BTC.com Launches Ethereum Mining Pool
After building a formidable bitcoin mining empire that at one point reportedly controlled 51 percent of bitcoin’s hashrate, Bitmain is now moving into the Ethereum mining space through its subsidiary BTC. дальше »
2018-8-31 17:00 | |
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Report Finds Crypto Mining Incidents Have Risen 1000% in 2018
Cybersecurity company Trend Micro has revealed that between January and July 2018, its researchers detected unauthorized crypto mining attacks – also known as ‘cryptojacking’ – at a rate nearly 1000 percent higher than in the second half of 2017. дальше »
2018-8-31 00:02 | |
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Report: Miner Spends Only $1567 per BTC
Electricity is the number one cost for cryptocurrency mining, giving an edge to whoever can secure it for the lowest price. Bitfarms, which has access to cheap renewable energy in Canada, reports that mining a single BTC cost the company just $1567 in the first half of the year. дальше »
2018-8-30 20:35 | |
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Chinese Bitcoin Mining Rig Makers Set to Make Billions with IPO Plans
The big three in the world of bitcoin mining equipment manufacturers are all planning to list in Hong Kong and raise billions of dollars in the process. An August 27, 2018, Reuters report examined how Bitmain, Canaan Creative, and Ebang are going about their billion dollar IPO plans. дальше »
2018-8-30 05:00 | |
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North Korea Moving to Crypto Exchanges and Mining
While South Korea is fast becoming a formidable force to reckon with in the global cryptospace, it’s North Korean brother has been more interested in using its distributed ledger technology expertise to wreak havoc on the world. дальше »
2018-8-29 09:00 | |
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South Korea’s KDB Bank Report Highlights North Korea’s Crypto Mining Activity
Korean Development Bank Report Shows North Korea’s Intent To Enter Crypto Industry Korea Development Bank has issued a recent report that shows local media sources confirming that North Korea has been mining for cryptocurrency. дальше »
2018-8-28 20:00 | |
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Report Finds Mining Activity and Bitcoin Exchange Development in North Korea
A report by South Korea’s state-run Korea Development Bank (KDB) suggests that North Korea has been mining cryptocurrencies, according to local media. In addition, a technology firm in the country is developing an exchange platform for bitcoin, while average citizens of North Korea have little knowledge of cryptocurrency, the report claims. дальше »
2018-8-28 07:45 | |
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New Bitmain IPO Drama: Temasek Threatens Withdraw Due to $560 Million Misrepresentation
Report Claims Bitmain Already Has $560 Million in Commitments for the Pre-IPO Round, But the Investor is Threatening to Pull Deal There’s big drama in the cryptocurrency community tonight as it’s being reported that Chinese mining hardware giant Bitmain has already secured $560 million in commitments for its pre-IPO round. It’s not all good news, […] дальше »
2018-8-26 20:24 | |
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Japan’s Internet Giant GMO Abandons Bitcoin Cash Mining
Japanese internet giant GMO has switched its entire mining capacity from Bitcoin Cash (BCH) to Bitcoin (BTC) as of July 2018. GMO Mines 568 Bitcoin Blocks In July A copy of the company’s monthly mining report uploaded to social media by cryptocurrency business investor Trace Meyer confirms that in July, GMO mined 568 Bitcoin blocks and 0 Bitcoin Cash blocks. дальше »
2018-8-24 19:00 | |
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Bitmain Monopoly is Showing Cracks, According to Analysts
The top cryptocurrency mining company might be losing its edge as demand for its products is under pressure and competition grows stronger, according to analysts. “The Competitiveness of Bitmain’s Chips is in Question” A recent report of analysts led by Mark Li at Bernstein holds that the Beijing-based mining company, which was co-founded by the 32-year-old Jihan Wu, might have to write down the actual value of its inventory. дальше »
2018-8-23 16:00 | |
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Chelan County PUD Looking to Increase Energy Rate for Bitcoin Mining by 7 Cents Per KWH
On August 20, 2018, cryptocurrency miners in the Washington state held another round of public comment with the electricity providers to discuss the proposed power rate increment. However, nothing good came out of the meeting as the Public Utility District (PUD) officials have postponed the hearing. дальше »
2018-8-23 22:00 | |
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Research: Bitcoin Mining Operations Use Far Less Energy Than Banks
At a time when bitcoin antagonists have not stopped criticizing the world’s flagship digital currency for its high power consumption, The Conversation, a nonprofit academic news source has published a report on August 20, 2018. дальше »
2018-8-22 16:00 | |
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Report: Bitmain is losing its monopoly over cryptocurrency mining
Bitmain, the China-based cryptocurrency mining behemoth, has acquired the status of a legend in the industry, with a ton of mystery surrounding its operations. The company is undoubtedly one of the most profitable cryptocurrency businesses in the world. дальше »
2018-8-22 15:55 | |
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Bitmain Pre-IPO Investors List Deemed False as Tencent and Softbank Dispute Claims
Chinese crypto mining firm, Bitmain has revealed details regarding its pre-IPO (i. e. Initial Public Offering) as well as the involvement of several other firms. However, according to Coin Desk’s report, some of the mentioned involvement does not exist. дальше »
2018-8-21 21:29 | |
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SoftBank Denies Reports of Bitmain Deal; Bitmain Still Silent
Japanese telecom giant SoftBank has denied media reports of its involvement in a pre-IPO funding round of bitcoin mining rig manufacturer Bitmain. Last week, several media outlets had reported that SoftBank and Chinese internet giant Tencent were leading a pre-IPO funding round for Bitmain. дальше »
2018-8-21 18:03 | |
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Report: Nearly $2.5 Billion Paid Annually to Ethereum Miners, ETH Issuance Woes Continue
Despite waning prices and never-ending scalability debates, the Ethereum protocol continues to rake in massive revenues for network miners, with figures confirming $2. 5 billion-a-year payouts. Ethereum Miners Rake in Big Money According to a report on TrustNodes, mining revenue accounts for about 8. дальше »
2018-8-20 06:00 | |
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Cryptocurrency Miners Ignore the Bitcoin Price Fall, Focus on Expansion Instead
The recent decline in cryptocurrency prices has cast a shadow on several aspects of the digital currencies space. However, one area where this bearish outlook has not extended to is cryptocurrency mining. дальше »
2018-8-19 01:00 | |
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Nvidia’s GPU Miner Sales Decline in Q2 2018, Overestimates Revenue by 82%
Nvidia’s GPU Sale Substantially Declines In the Second Quarter Of 2018 Crypto mining has become less lucrative as evident from declining sales of crypto miners. Mining equipment manufacturers like Nvidia and Bitmain are watching this happen first hand as profits declines. дальше »
2018-8-17 15:33 | |
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Report: Fraudulent Monero Mining Generates $100K Per Month for Hackers
A German university released a cryptocurrency mining-centric report, Aug. 14, noting a rise in revenue generated by illegal mining software, despite the fall in “cryptojacking.” Coinhive Faces the Heat Again As reported by Digital Trends, RWTH University in Aachen, Germany, has presented a detailed account of the infamous, browser-based miner Coinhive being used to produce over $250,000 […] The post Report: Fraudulent Monero Mining Generates $100K Per Month for Hackers appeared first on CryptoSlate. дальше »
2018-8-17 12:00 | |
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Cryptocurrency Mining via Browser is Pulling Out more than $250K in Monthly Earnings
According to TheNextWeb, recent academic research has found out that the embedded CoinHive cryptocurrency web browser mining script is generating more than $250,000 in Monero (XMR) every month. What is more concerning is that the report points out that this amount is mainly going to a small group of ten individuals. дальше »
2018-8-16 18:00 | |
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SEC to Investigate Riot Blockchain’s Coinsquare Stake & Crypto Mining Accounting
SEC Expands Inquiry About Riot Blockchain According to Reports It looks like the investigations about Riot Blockchain, the biotech company turned into crypto miner, are continuing. The latest news comes from a 10-Q quarterly report filed by the U. дальше »
2018-8-16 00:15 | |
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Coinhive Mints Quarter Million Dollars in Monero a Month, Report Reveals
Тhe profitability of cryptocurrency mining is decreasing on the backdrop of this year’s persistently bearish markets but Coinhive seems to be doing pretty well. The browser-based miner has earned a quarter million dollars worth of monero in just one month, according to a new study conducted by German researchers. дальше »
2018-8-16 23:15 | |
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Vietnamese Government Bans Mining Hardware Imports
Following a high-level proposal in July to ban the importation of all cryptocurrency mining equipment into Vietnam, the Vietnamese Customs Department has announced a total ban on all mining rig imports, according to a local news outlet. дальше »
2018-8-16 21:58 | |
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Ecobank Cryptocurrency Report: African Regulators to Wait For Legal Regulations
With Sporadic Regulations and Mining Restrictions Globally, African Lawmakers Decide to “Wait And See” Before Jumping In The technology and potential profit to be made by the cryptocurrency industry is substantial, but the world has yet to come together to utilize it the most efficiently. дальше »
2018-8-12 02:40 | |
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CoinShares Bitcoin Mining Cost Report: Green Crypto Mining Will be Key For Future
How Green Cryptocurrency Mining Will be Key for the Industry? The cryptocurrency mining industry had an incredible year in 2017 and the very beginning of 2018. But the situation changed in March this year. дальше »
2018-8-11 19:50 | |
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Zurich Bank Maerki Baumann Opens Accounts to Cryptocurrency Assets
Swiss bank Maerki Baumann has become the latest bank in Switzerland to adopt cryptocurrency assets, according to a report published on International Investment on August 6, 2018. Cautious towards Cryptocurrency Based out of Zurich, the bank will currently only accept crypto assets obtained in the form of payments for banking services provided or via mining. дальше »
2018-8-9 22:00 | |
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Investors Petition for the Extradition of Sky Mining CEO Accused of Crypto Mining Scam
Nearly a thousand people have signed a petition for the extradition of Leh Minh Tam, the CEO of Sky Mining, a cryptocurrency mining firm based in Ho Chi Minh City. The signatories are calling for Tam’s deportation from the United States following allegations that he fled after defrauding investors of $36 million. дальше »
2018-8-5 17:00 | |
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Bitmain Made $1B in Q1 Profit, Valued at $14B
The crypto mining business has become a multi-billion dollar industry, and one company has had the lion’s share. Bitmain Technologies has dominated the mining hardware manufacturing industry, and according to a new report, the firm is now valued at over $14 billion. дальше »
2018-8-2 01:00 | |
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Washington Utility No Longer Yielding Crypto Mining Applications
A customer-owned utility company has received some attention in the crypto community for its acceptance of applications for mining and blockchain operations. However, a news report by the Seattle Times indicated that the utilities company will no longer be accepting applications. дальше »
2018-7-31 20:41 | |
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Bitmein IPO ‘very soon’ mining giant netts $ 1.1 billion profit Q1 2018
Bitcoin mining giant Bitmain is purportedly planning to go public on a $ 14 billion valuation. The company reportedly brought in $ 1.1 billion in net profit in the first quarter of 2018, looking at end-of-year target ranging between $ 2 and $ 3 billion. $ 14 Billion IPO According to an unconfirmed report published дальше »
2018-7-31 18:31 | |
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Bitmain IPO ‘Very Soon’ as Mining Giant Nets $1.1 Billion Profit in Q1 2018
Bitcoin mining giant Bitmain is purportedly planning to go public on a $14 billion valuation. The company reportedly brought in $1. 1 billion in net profit in the first quarter of 2018, looking at end-of-year target ranging between $2 and $3 billion. дальше »
2018-7-31 15:00 | |
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July 2018 Volume Rankings Report: BTC Extends Dominance
During July, the majority of leading cryptocurrency markets have produced stagnant or declining volume month-over-month. BTC, USDT, and DASH were the sole top ten markets able to buck the trend, with BTC’s trade volume notably increasing by 4. дальше »
2018-7-31 20:40 | |
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Mining Takes A Turd For The Worse, You Can Now Mine Crypto With Your Poop
We know it’s early on a Monday morning, so toilet humour may be a little unsettling but either way, news is news and even if its about poop, if its relevant, we’re going to report on it. Before we begin, let me introduce you to Anaerobic Digestion. дальше »
2018-7-30 12:30 | |
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Advanced Micro Devices (AMD) Reports Lower GPU Crypto Mining Sales In Q2
Advanced Micro Devices (AMD) published its quarterly earnings report this Wednesday reporting that sales of graphics cards (GPUs) to cryptocurrency miners fell during the second quarter. AMD has reported second-quarter earnings of $116 million, or $0. дальше »
2018-7-27 19:17 | |
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Monero Mining Strikes Again: Drupal Systems at Risk
On July 23, 2018, cybersecurity website Security Intelligence reported that several companies and software users remain susceptible to the infamous “Drupalgeddon virus,” despite Drupal Security Labs releasing a software patch in March 2018 to fight the vulnerability. дальше »
2018-7-25 06:00 | |
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