Icelandic Bitcoin Mining Giant Takes on UK Company in

2020-1-28 16:00

A new lawsuit filed by London-based Digital Capital Ltd. accuses Icelandic Bitcoin mining firm, Genesis Mining Iceland EHF, of failing to pay for the development and maintenance of its software. UK firm accuses the mining giant of failure to pay for services Recent reports indicate that the Iceland-based bitcoin mining firm, Genesis Mining Iceland EHF, did not pay Digital Capital Ltd.

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Источник: bitcoinist.com

mining pay → Результатов: 67

Mining giant is forced to sell-out 79% of BTC to pay debt

One of the top crypto mining companies, Core Scientific, sold 79% of its Bitcoin holdings in June to survive the bear market. The post Mining giant is forced to sell-out 79% of BTC to pay debt appeared first on CryptoSlate.

2022-7-7 06:30	Mining
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Mining Pool Simplecoin and Interactive Faucet Chopcoin Shut Down Due to EU Regulations

Like crypto payments provider Bottle Pay, mining pool Simplecoin and interactive bitcoin faucet Chopcoin are shutting down in light of restrictions imposed by EU anti-money laundering legislation, AMLD5.

2019-12-17 12:12
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Iran Offers Bounty for Illicit Cryptocurrency Mining Operations

The Iranian government will pay out bounties to citizens who expose illicit cryptocurrency mining operations, according to the Energy Ministry

2019-11-14 17:17	Crime
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Video: Will Bitcoin Crash or Double in Price After the Halving? Miners Have Their Say

Will the price of bitcoin double or crash during the upcoming halving next year? And how will the mining industry adapt to their revenue stream being cut in half over night? See what professional miners from around the world have to say on the matter.

2019-11-1 06:30
bitcoin halving miners say double crash price

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Russian Scientists Fined for Mining Bitcoin on Hijacked Supercomputer

A Russian scientist has received a fine for mining Bitcoin at a top-secret nuclear facility. Denis Baykov has been ordered to pay 450,000 rubles, or about $6,900 for his involvement in the scheme.

2019-10-3 01:00	Crypto
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33 Illegal Bitcoin Mining Farms Are Raided By Malaysian Authorities

No crypto mining is more profitable than the one made with electricity you didn’t pay for. Recently, Malaysian authorities raided the crypto mining farms of people who believed that they would be able to get high profits by stealing electric energy.

2019-8-8 17:20	Legal & Regulation
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Square Payment App Looking To Source a New Symbol For Bitcoin’s Satoshi Unit

A Satoshi (sat) is the smallest unit of Bitcoin. While a single BTC has eight decimal places, it consists of 100 million Satoshi. Its name derives from the mysterious creator of Bitcoin, Satoshi Nakamoto.

2019-7-30 19:24
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FINRA Fines Former Merrill Lynch Employee $5,000 for Not Reporting Crypto Mining Activity

An ex-Merrill Lynch worker who operated an undisclosed cryptocurrency mining scheme must pay $5,000 to FINRA

2019-6-14 14:21	Mining
finra lynch mining undisclosed operated cryptocurrency scheme

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Exploring Illegal Mining Camps in Western China

This article was originally published by 8btc and written by Vincent He. Although China has shut down bitcoin trading platforms and deemed them illegal, its attitude toward bitcoin mining is still ambiguous.

2019-5-31 20:14	Mining
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Cinemadrom ICO

Cinemadrom this is a combination of many people and areas of activity in one ecosystem. For filmmakers this is Hollywood online. For investors, these are new tools. For the crypto community, this is a new blockchain technology, a new coin for mining, trading, transfers.

2019-5-21 22:27
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Oil Field Alchemy: How Bitcoin Can Turn Waste, Emissions into Proof-of-Work

In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.

2019-5-8 20:07	Bitcoin
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Bitcoin Core 0.18.0 Release: Here’s What’s New

Today, May 2, 2019, marks the official release of Bitcoin Core 0. 18. 0, the 18th generation of Bitcoin’s original software client launched by Satoshi Nakomoto almost 10 years ago, and still the dominant Bitcoin implementation on the network today.

2019-5-3 16:02	Technical
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Iran’s First Ever Bitcoin ATM Unveiled in Tehran

On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran.

2019-4-27 21:31	Adoption & community
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Final Frontier and Bitfury Launch Regulated Bitcoin Mining Fund

Following approval from European authorities, Swiss investment firm Final Frontier is partnering with Bitfury Group to launch a regulated bitcoin mining fund for personal and institutional investors.

2019-4-26 19:00	Investing
fund mining bitcoin bitfury investors mercurio final

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Chinese Bitcoin Miners Suffer in Iran Despite Cheap Power

This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process.

2019-4-11 23:38	Mining
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Cryptomining Scripts Blocked by New Firefox Build

Firefox has collaborated with a privacy firm called Disconnect to stop unwanted browser-based cryptomining and fingerprint-tracking. Firefox has compiled a list of websites that serve cryptomining scripts.

2019-4-10 02:30
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Nicehash Review 2019 – How To Use Nicehash and Is It Profitable?

Mining cryptocurrency is a risky but potentially a very profitable endeavor. Downloading mining software for a certain up-and-coming coin can pay off big time in the long run; early Bitcoin miners who got into it while the difficulty/price were at early 2010’s levels are the best witnesses for that.

2019-4-1 19:52	Mining
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Swedish Miner Uses Solar Power to Reduce Costs by 75%

A Swedish miner claims to have cut mining costs by approximately 75% after opting to install solar panels on his home as a measure to keep his business afloat without having to pay high electricity.

2019-3-17 17:43	Mining
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Electroneum Unveils its M1 Cryptocurrency Cloud Mining Phone

It would appear as if a lot of technology manufacturers pay attention to blockchain and cryptocurrency. This becomes very apparent given the launch of “blockchain phones” and devices capable of supporting cryptocurrencies like Bitcoin out of the box.

2019-2-28 16:28
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Electroneum Unveils its M1 Cryptocurrency Cloud Mining Phone

2019-2-26 11:27
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Nvidia Reports Full-Year Revenue Increases But Q4 Losses After Cryptocurrency ‘Hangover’

Crypto mining volatility had put pay to Nvidia’s performance in previous quarters even as Q4 earnings report shows full-year revenue increase since 2017

2019-2-15 11:59	Mining
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Indonesian College Student Uses School’s Computers To Mine Cryptocurrencies, Gets Arrested

Everybody wants to mine cryptos (or at least that is how it was when prices were high last year) but not a lot of people want to actually pay the energy costs for mining them. This is why we got so many crypto jacking malware around and why now why the South Korean police have […]

2019-2-15 07:52	News
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BetterHash Protocol Lets Pool Miners Regain Control Over Their Hash Power

One problem that concerns many is the centralization of mining within the Bitcoin ecosystem. Fortunately, there are talented developers working to solve this problem and Matt Corallo, full-time Bitcoin developer at Chaincode Labs, is one of them.

2019-1-26 23:50	Mining
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UK Investors to Pay Capital Gains and Income Tax on Bitcoin Investments

The U. K. government has said that individual investors will be liable to pay capital gains tax each time they sell crypto assets such as BTC for profit. In new taxation guidelines published Dec.

2018-12-20 04:50
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Gaming Firm Wants to Pay Players to Mine Cryptocurrency

When the crypto chips are down companies often seek alternative methods of generating income. Gaming equipment giant Razer wants to pay gamers to mine crypto using their graphics cards. The new crypto rewards program is called ‘Razer SoftMiner’, and it enables users to put their GPUs to work mining “Silver” which according to the firm […] The post Gaming Firm Wants to Pay Players to Mine Cryptocurrency appeared first on Ethereum World News.

2018-12-13 10:34
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Winter Is Coming To Norway: No More Electricity Subsidies For Crypto Mining Starting 2019

Come the new year, cryptocurrency mining outfits in the Scandinavian country must pay regular electricity taxes.

2018-11-27 23:40	World
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Sweden Braces For Migrant Caravan Of Norwegian Bitcoin Miners

Data center managers in Sweden are expecting a deluge of inquiries from cryptocurrency mining operations in Norway. The Norwegian authorities this week revoked energy tax subsidies for the sector, throwing the future of many companies into doubt.

2018-11-24 15:00	sweden
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В Колорадо запретили еще 4 ICO-проекта

В Колорадо служба надзора за рынком ценных бумаг издала приказы о прекращении деятельности четырех ICO, подозреваемых в нарушении законов о ценных бумагах и мошеннических активностях. По мнению регулятора, руководство Global Pay Net, Cred LLC (Credits), CrowdShare Mining и CyberSmart Coin Invest коммуницировало через созданные ими сайты и другие каналы недостоверную информацию о высокой прибыльности проектов, при […]

2018-11-22 11:25	регулирование
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Регулятор штата Колорадо прервал деятельность четырех ICO-проектов

Департамент по ценным бумагам Колорадо издал распоряжения о прекращении мошеннической деятельности четырех крипто-компаний. Об этом регулятор заявил в официальном пресс-релизе. Речь идет о проектах Global Pay Net, Cred LLC, CrowdShare Mining и CyberSmart Coin Invest.

2018-11-22 21:14
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Colorado State Commissioner Issues New Cease-and-Desist Orders Against Four Crypto Firms

Colorado Securities Commissioner Gerald Rome has issued a new batch of cease-and-desist orders against unregistered Initial Coin Offerings (ICOs) operating in the state, taking the total number of signed orders against ICOs in Colorado to 18.

2018-11-22 19:23	Law & justice
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Cryptocurrency Miners May Have to Pay More for Electricity in Chelan County

There is little doubt that cryptocurrency mining is extremely power intensive, with particular emphasis on coins that still rely on the Proof-of-Work (PoW) consensus mechanism. Recognizing this, Washington State’s Chelan County Public Utility District (PUD) has proposed a rate hike for mining enterprises within the region.

2018-11-18 17:00
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The Daily: Coffee Company to Pay Farmers in Bitcoin, Bitfury’s Latest Investment

In today’s edition of The Daily, we feature an upcoming bitcoin cash token backed by physical diamonds and an American coffee company that has decided to add cryptocurrencies to its payment options.

2018-11-13 17:55
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Turkish Police Detain 11 Suspects in Bitcoin Theft Case

The cybercrime unit of the Turkish police has detained 11 people suspected of hacking into emails, user accounts and cryptocurrency wallets. The operation was launched after law enforcement received a number of complaints from victims who lost digital cash.

2018-11-4 06:55	Wallets
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Algorithm Trading Investment: Trustworthy Crypto Company?

What Is Algorithm Trading Investment? The Algorithm Trading Investment Company (ATIC) is a company that focuses on the provision of innovative trading and mining software in order to maximize its client's investment opportunities and give them shared profits.

2018-11-1 08:46	Cryptocurrency Trading System
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive

As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.

2018-11-1 23:35	Op-ed
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini

Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.

2018-10-24 19:38	Op-ed
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Russian Church Docked $15,000 for Illegal Bitcoin Mining

A local utility company in Russia ordered a church to pay higher electricity rates, in line with Russia’s existing legislation. Church Forced to Pay Higher Electricity Tariff An Evangelical Church in Irkutsk, Russia, which carried out illegal Bitcoin mining, has been asked to pay a one million rubles fine, equivalent to $15,000.

2018-10-16 20:50
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Fincen Claims Iran Is Using Crypto to Evade Sanctions

The Financial Crimes Enforcement Network has warned U. S financial institutions that the Iranian government might be dodging economic sanctions by using cryptocurrencies. The document highlights challenges arising from peer-to-peer virtual currency exchanges and encourages banks to monitor blockchain ledgers for transactions tied to the country.

2018-10-15 15:35
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Church Mining Cryptocurrency to Pay Higher Electricity Rates

The outcome of a court case in Russia may affect the popular practice of cryptocurrency mining in basements and garages. According to a recent ruling, a church in Irkutsk must pay higher electricity rates for installing and running mining hardware on its premises.

2018-10-15 01:35
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Roubini Faces Off With Coin Center’s Van Valkenburgh at Senate Hearing

Nouriel Roubini, an economist best known for his predictions of the 2008 housing bubble, and Peter Van Valkenburgh, Coin Center’s director of research, testified before the U.

2018-10-12 18:06	Regulation
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Japanese Internet Monolith GMO to Launch Yen-Pegged Stablecoin

GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY).

2018-10-10 02:10	Digital assets
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Bitcoin miners hit $4.7B in revenue this year, but its becoming unprofitable

Bitcoin miners have raised over $4. 7 billion in revenue so far this year, but rising electricity prices have rendered cryptocurrency mining almost completely unprofitable, even for the world’s biggest pools.

2018-10-9 15:33	hard fork
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Bitcoin Mining Profitability Declines Despite Increase in Revenue

Bitcoin mining in 2018 hasn’t been as profitable as in 2017 despite an increase in overall revenue. With the network hashrate continuing to increase astronomically, miners now pay higher electricity tariffs severely affecting their bottom-lines.

2018-10-9 00:52	Bitmain
bitcoin increase revenue mining despite miners profitability

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Майнер из Китая сядет в тюрьму на 3,5 года за кражу электричества

Майнера из Китая уличили в краже электричества, стоимостью в $15 000. Суд приговорил его к тюремному заключению на 3,5 года. Chinese guy sentenced to 3. 5 yrs in prison and pay ~$14. 5K in fines for stealing ~$15K worth of electricity to mine 3.

2018-10-8 18:03
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem

Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.

2018-10-3 19:05	Digital assets
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TATAU: A Blockchain-Based, Enterprise-Focused, Distributed Supercomputing Platform

Tatau. io is an enterprise-focused, blockchain-based distributed computing platform established to meet the growing demand for computational power required for complex computations. Our initial focus will be in verticals such as AI and deep learning, but will ultimately include areas such as video rendering and predictive analytics.

2018-11-22 14:00	BNC insights
tatau computing companies power distributed such computational

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Novice, Intermediate or Expert? A Quiz to Test Your Bitcoin Knowledge

Think you know the ins-and-outs of bitcoin? Test yourself with 30 questions that grill you on Bitcoin’s history, technology and politics. The 30 questions are split up into three segments ranging from novice to intermediate to expert, and cover a wide range of topics across the Bitcoin landscape.

2018-9-26 02:13	Op-ed
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Innosilicon’s Impending ASIC Miner Could Challenge Bitmain’s Dominance

As controversies surrounding Bitmain’s looming IPO spell uncertainty for the future well-being of the mining goliath, competitors are fast to move in on the manufacturer’s territory.

2018-9-21 01:04	Mining
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New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner

Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic.

2018-9-15 01:22	Mining
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AntPool mines 7 consecutive blocks, ‘centralization trend’ continues

Antpool, the second-largest Bitcoin (BTC) mining pool, recently made headlines by successfully mining seven consecutive blocks on May 17, sparking worries within the cryptocurrency community about network security.

As Bitcoin rebounds to $66k, short-term holders sell at ‘basically zero profit’

While large investors appear to demonstrate their interest in Bitcoin, the growth has yet to accelerate in order to make the rally sustainable, analysts at CryptoQuant say. The price of Bitcoin managed to recover to the $66,000 mark late Wednesday…

Kaiko: Bitcoin miners feel pressure of slashed rewards post-halving

Analysts at blockchain firm Kaiko say Bitcoin’s recent halving might soon force miners to sell their crypto holdings. Bitcoin miners are starting to feel pressure as daily average network fees, which spiked after the halving, have begun to decline, according…

Biden blocks China-backed crypto mining firm from Wyoming

The United States government has ordered a Chinese-backed cryptocurrency mining company to stop constructing a mine in Wyoming. According to the May 13 order signed by President Joe Biden, MineOne Cloud Computing Investment and its partners will be required to…

Bitcoin mining difficulty drops by 6%, lowest since December 2022

Bitcoin mining difficulty has dropped to its lowest level since December 2022.

Decoding cryptojacking: what is it and how can you protect yourself?

What is cryptojacking and why has it become a pressing issue for the crypto community? Read on. In 2023, cryptojacking saw a staggering surge, breaking records set in 2022. By early April 2023, the total number of cryptojacking hits had…

Core Scientific reports $210.7 million in Q1 net income, 2,825 BTC production

Core Scientific reported a $210. 7 million net income for the first quarter on May 8. The change represents an increase of $211. 1 million from the first quarter of 2023, when the company reported a net loss of $0.

2020-1-28 16:00

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