2024-4-25 17:12 |
The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.
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It is not uncommon for students to get crafty when they aim to mine cryptocurrencies. Some use the “free” electricity of their dorm to mine Ethereum and other altcoins. In China, one entire school seemingly had a secret Ethereum mining operation going for quite some time.
2018-11-14 04:22 | |
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Paraguay has had several hydroelectric towns that many had associated them with the drug cartels, ammunition and also smuggling. But now it has become the new home for the crypto miners in the market who have been connected to a very sophisticated network involved with mining crypto coins for their owners. It is finally giving […]
2018-11-14 02:43 | |
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Power Mining Pool had some clear early warning signs of a potential cloud mining Ponzi scams. Find out what you should look for in this case study. The post Power Mining Pool | What a Crypto Mining Scam Looks Like appeared first on CoinCentral.
2018-11-14 00:36 | |
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In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes.
2018-11-14 22:45 | |
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In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes.
2018-11-14 22:45 | |
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Barry Silbert, the COE and founder of Digital Currency Group, pushed back against claims concerning bitcoin mining that had appeared in the Nature International Journal of Science. The article explained that mining of bitcoin is three times costlier than gold and its emissions are substantial when it comes to the four largest cryptocurrencies. About 3 […]
2018-11-8 19:24 | |
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Two principals at a Chinese school have been caught using their employer’s electricity to mine Ethereum, according to local news outlet HK01. The report details how employees at Puman Middle School in Hunan province had been witnessing excessive noise from computers over the last few months – day and night, even during the holidays.
2018-11-8 18:23 | |
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The Texas State Securities Board entered emergency action on November 6, against two fraudulent companies involved in cryptocurrency mining activities. AWS Mining PTY Ltd and EXY Crypto had been allegedly deceiving investors promising unrealistic returns, enticing them through social media platforms and by recruiting unlicensed multilevel marketing agents, respectively.
2018-11-7 18:59 | |
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A Canadian university had to shut down its entire campus network after it discovered hackers had hijacked its computing power to surreptitiously mine cryptocurrency – Bitcoin, to be exact. In a statement released earlier this week, Nova Scotia-based St.
2018-11-7 13:44 | |
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An Australian-based cryptocurrency mining service has been told to cease its operations by regulators from the other side of the globe. The Texas State Securities Board (TSSB) issued an emergency cease-and-desist order yesterday, to Automated Web Services Mining (AWS Mining).
2018-11-7 13:40 | |
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Most cryptocurrency miners work in a firm or in groups, most cryptocurrency miners are between the early ages of 20-30, but the case of Sundar Pichai is a unique one. Pichai, the Ceo of Google had recently revealed that his 11-year-old son was mining Ethereum right in his home, with a computer that Pichai built […] The post CEO of Google Reveals his 11 year Old Son is an Ethereum Miner appeared first on ZyCrypto.
2018-11-3 18:04 | |
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Sundar Pichai’s 11-Year-Old Son Forays Into Ethereum (ETH) Mining When crypto enthusiasts discuss adoption, bigwig institutions, household names, and the titles of prominent executives are often thrown around.
2018-11-3 10:03 | |
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NiceHash CEO Quits NiceHash, a Slovenian mining service, has a new CEO, which took his position as head of the company after it lost $63 million in a significant hack in 2017. The platform then relaunched in December and the news media understood that the previous CEO, Marko Kobal, had recused himself form the position. […]
2018-10-31 23:50 | |
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There has been a debate in some quarters if cryptocurrency mining and activities could actually lead to global warming? Irrespective of the fear of locals and some governments with regards to cryptocurrency mining activities, a lot of concentration had been given to Bitcoin mining and activities as a result of its price which is presently […] The post Bitcoin’s Energy Consumption To Disrupt the Planet if Not Controlled On Time- Reports appeared first on ZyCrypto.
2018-10-30 14:27 | |
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Most famously known for their cryptocurrency mining ASIC chips, Bitfury is reportedly interested in public on a major stock exchange in 2019, reported Bloomberg on October 25, 2018. The mining company has had talks with global investment banks with countries all through Europe in preparation for a trading debut in Amsterdam, London or Hong Kong.
2018-10-27 21:00 | |
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According to its quarterly financial results report, the American semiconductor manufacturer company AMD had almost negligible sales of blockchain-related graphics processing units in Q3 of 2018. The financial report was published on October 24, 2018.
2018-10-27 17:00 | |
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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 | |
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The world’s largest chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) has cut its growth target to 6. 5% following a reducing demand for chips by Bitcoin miners. The company had earlier predicted a growth rate range of 7%-9% in the fourth quarter of the year, an expectation which seems to be unattainable.
2018-10-21 11:00 | |
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Even as President Trump feared China’s bitcoin-prowess, the fact is far from the truth it appears as news breaking from local Chinese mining industry reveals that they are shutting down operations in larger numbers.
2018-10-19 22:05 | |
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The UK-based security company, G4S, is entering the cryptocurrency sector. However, instead of launching an exchange or a mining facility, it is offering a digital currency storage service. The FTSE 250 company announced on Wednesday, Oct.
2018-10-19 17:44 | |
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The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers.
2018-10-18 20:05 | |
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The new Chief Market Strategist at Ripple, Cory Johnson has been working at the company for just under a year now, however, in a recent interview with BreakerMag the crypto-San Francisco based company is in regular discussions with Trump’s administration.
2018-10-15 15:30 | |
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Introducing The Daily 2, the all new video series by Crypto Daily and proclaimed crypto evangelist, Brian Wilson. Don’t miss a thing, be sure to subscribe to The Crypto Daily Official YouTube channel which can be found here.
2018-10-15 15:00 | |
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The number of blockchain-related companies in Switzerland and Liechtenstein has doubled in the last year, according to a new study published by CV VC. The Zug-based firm, in partnership with Strategy& (PwC’s global consulting arm) and inacta, compiled information about the top 50 blockchain and digital asset companies between the two countries.
2018-10-11 00:18 | |
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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 | |
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The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves.
2018-10-10 23:38 | |
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Bitcoin has had an interesting year. Every company has been hit with the effects of the bear market, but Bitcoin has still managed to increase their revenue lately. Unfortunately, Bitcoin mining hasn’t had the same success, which could be due to a few different reasons.
2018-10-9 08:11 | |
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This past week saw a flurry of reports and analyses released by various agencies and companies, speculating on the roles — past and present — of cryptocurrencies and blockchain technologies.
2018-9-29 20:00 | |
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Martin Holst Swende who joined the nonprofit Ethereum Foundation in 2016 as the lead security to ensure that any code change within the second largest blockchain platform for the development of decentralized applications do not halt operations in the blockchain had voiced his opinion against the use of ASIC miners in Ethereum mine.
2018-9-29 19:45 | |
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Monero has officially released its Malware Response Workgroup website yesterday. In an effort to help protect Monero’s community, the website aims to provide resources to educate about the types of malware that may take advantage of users.
2018-9-29 23:18 | |
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Bitcoin Cash (BCH) staged an unlikely comeback September 27, rising almost 25 percent after news mining giant Bitmain had finally filed for an initial public offering (IPO). BCH Hits Multiweek Highs Data from Coinmarketcap shows BCH beating out competition from all of the top twenty cryptocurrency assets for the 24 hours to press time, hitting $564 – its highest value since September 5.
2018-9-28 23:30 | |
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The price of Bitcoin may have come tumbling down this year, but the world’s largest crypto mining hardware manufacturer has continued to rake in the big bucks. Bitmain released its financial results revealing that it had generated $2.
2018-9-27 21:17 | |
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Squire Mining Ltd. has announced Samsung as the manufacturer for its ASIC chips for Bitcoin mining. The Canadian based company also selected Gaonchips as the firm responsible for its cryptocurrency mining chipset.
2018-9-27 19:00 | |
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Bitcoin Cash has had huge increases this week, and investors and traders do not have to look far for the catalyst. Bitmain, well-known as the dominant force in cryptocurrency mining, has filed for an IPO.
2018-9-27 18:22 | |
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Chart for BTC/USD (1W) Bitcoin (BTC) is currently trading just above $6,400. The average cost for mining one Bitcoin (BTC) lies slightly below this level between $5,800 and $6,200. This is the reason the price has managed to stay above those levels for now despite the fact that the volume is so low that a couple of million dollars could swing the price either way.
2018-9-20 17:00 | |
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Hashpower Doubles In Bear Market, Breakeven Cost Skyrockets Cryptocurrency investors have had a rough year, to say the least, with the collective value of all crypto assets declining by over 80% in the span of eight months.
2018-9-16 22:17 | |
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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 | |
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The founder of cryptocurrency exchange OKEx was detained for questioning on September 10, 2018, by Shanghai police to investigate a case of suspected digital currency fraud related to WFee coin.
2018-9-12 23:42 | |
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Dr. Yang Zuoxing: The Real Developer Of Antminer S7 & S9 Who Was Betrayed By Bitmain in Pangolin Miner Patent Dispute: The Story That Keeps On Giving. Bitmain’s Antminer S7 and Antminer S9 are not only their flagship product, they have had a major influence on crypto mining energy. But these massively successful products might have […]
2018-8-30 18:51 | |
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Mining and network effects affect the price of Bitcoin, but according to Tom Lee, the biggest determinant of Bitcoin’s price movement is the emerging markets. In a recent interview, the Bitcoin researcher from Fundstrat Global Advisors stated that the economic factors at play in emerging markets have had the biggest effect on the price of […]
2018-8-30 01:00 | |
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The clock has been ticking for cryptocurrency mining apps to either comply with Google’s revised terms of service, or face removal from the Play Store. In July 2018 Google initiated a ban on all apps that mined cryptocurrency on devices.
2018-8-28 18:42 | |
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The owner of cryptocurrency mining electric bicycle retailer, 50cycles, recently had his company’s accounts with HSBC and Barclays frozen within hours of transacting on peer-to-peer cryptocurrency trading platform, Locabitcoins.
2018-8-26 12:15 | |
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The owner of cryptocurrency mining electric bicycle retailer, 50cycles, recently had his company’s accounts with HSBC and Barclays frozen within hours of transacting on peer-to-peer cryptocurrency trading platform, Locabitcoins.
2018-8-26 12:15 | |
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Based on five-year-old research, Bitcoin enthusiasts and critics alike have often held that Satoshi Nakamoto originally mined some 1,000,000 bitcoin in the early days of the network.
2018-8-24 01:05 | |
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Cryptocurrency, Initial Coin Offerings (ICOs)–Jihan Wu, founder and CEO of the world’s largest cryptocurrency mining firm, has come forth with a rather scathing opinion on the current model of investing in coin projects.
2018-8-23 23:33 | |
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Nvidia are one of the world’s largest producers of graphics card and computer chip hardware. Initially established to build products for gaming and video, Nvidia are one of the few companies who have found a demand for their products within the cryptocurrency mining community.
2018-8-22 13:00 | |
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As the old maxim asserts: those who made the most money in the gold rush were those who sold shovels. With our own digital gold rush in a downturn, however, the shovels aren’t selling so well, as mining companies themselves are struggling to move hardware because miners are struggling to turn a profit.
2018-8-22 22:53 | |
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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.
2018-8-21 18:03 | |
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The CoinGeek mining pool claims it has no plans to use its dominant presence on the Bitcoin Cash (BCH) network for personal gain; following a partnership with the Canadian mining hardware developer, Squire.
2018-8-21 17:13 | |
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Arkansas State Governor Sarah Huckabee Sanders is expected to sign two new bills regulating crypto mining activities within the state, according to various sources. The state lawmakers passed Senate Bills 78 and 79 on May 1 to tighten the regulations governing crypto miners in the state.
In the latest episode of the SlateCast, CryptoSlate welcomed David Tse, CEO and co-founder of Babylon Chain, to discuss the groundbreaking concept of Bitcoin staking and its potential to secure Web3.
In a sit down with Bitcoin Magazine just days before the Halving, CEO of Marathon Digital Holdings Fred Thiel articulates his plan to capitalize on the main byproduct of mining bitcoin: heat.
The Arkansas Senate has greenlit a resolution introducing legislation to impose fees on crypto miners for excessive energy consumption, Arkansas Times reported on April 15. The proposed legislation introduces a tiered fee structure to the emerging industry.
Bernstein is bullish on Bitcoin, raising its year-end price target to $90,000 and extending the positive outlook to Bitcoin miners.
The bitcoin production cost has historically acted as a lower boundary to the cryptocurrency’s price, the report said.