2019-10-16 16:00 |
A vertically integrated startup has raised $30 million to bring bitcoin mining back to the U.S.
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London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8. 62 million ($10. 78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented mining as a service (MaaS) business to a proprietary mining model.
2020-4-30 01:00 | |
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Cryptocurrency mining and manufacturing giant Bitmain lost about $500 million in the third quarter of 2018, CoinDesk has learned.
2019-2-19 07:10 | |
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A Taiwanese Bitcoin miner identified with the last name Yang was recently arrested and charged by authorities for mining 100 million yuan ($14. 5 million) in cryptocurrencies. He used NT$100 million ($3.
2018-12-28 14:29 | |
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A man has been arrested in China for fraud over the sale of underpriced Bitcoin mining equipment and is awaiting prosecution. According to state media, the man made nearly 100 million yuan ($15 million) from 50 investors within a few months.
2018-6-26 02:30 | |
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Still, good old fashioned methods of separating people from their money have not disappeared. A new example of this comes from China where a man allegedly made about $15 million by just appealing to people’s greed, promising mining hardware at a huge discount, and simply running away with the money. Mr. Zhang, a resident of
2018-6-26 22:53 | |
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A miner has paid $13 million to convert an abandoned Intel chip manufacturing complex into an industrial mining farm. Also Read: Silicon Valley Whales Buy Diamonds in the Millions With Bitcoin New 85,000 Square Feet Mining Operation 3G Venture II, a California-based company, has paid $13 million for a big chuck of an abandoned Intel
2018-6-25 21:01 | |
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Following such places as Quebec and New York, the latest location in North America to attract large Bitcoin mining operations with a cheap supply of electricity is Colorado Springs. A miner has paid $13 million to convert an abandoned Intel chip manufacturing complex into an industrial mining farm.
2018-6-25 19:40 | |
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Bitmain’s ASIC dominance has continued, with Bitmain-based mining pools collectively accounting for nearly 50% of all Bitcoin mining power. Bitmain Dominates Bitcoin ASIC Industry Two prominent Bitcoin mining pools, BTC.
2018-6-25 12:00 | |
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BTCC's mining pool has provisionally agreed to sell a large portion of its equity to a Hong Kong-based financial service firm for $17 million.
2018-6-25 12:00 | |
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Lucara Diamonds, which is one of the most prominent diamond mining companies located in Botswana, is now looking forward to using blockchain technology to revolutionize their business from the ground up.
2018-6-24 22:43 | |
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Mining Companies mining cryptocurrencies are not required to obtain a license, the Ukrainian state agency responsible for licensing regimes said this week. The annual revenue generated by the Ukrainian crypto mining industry amounts to over $100 million, according to recently published data.
2018-6-24 13:22 | |
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Companies mining cryptocurrencies are not required to obtain a license, the Ukrainian state agency responsible for licensing regimes said this week. The annual revenue generated by the Ukrainian crypto mining industry amounts to over $100 million, according to recently published data.
2018-6-24 10:55 | |
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This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.
2018-6-24 20:05 | |
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California-based 3G Venture II has paid $13 million for a significant portion of an old Intel chip plant in Colorado Springs, which it intends of turn into a new bitcoin mining operation. Mining Farms Opening Around the World Miners have been flocking to cities that offer cheap electricity to reduce costs and increase profits, and it looks like Colorado Springs may join the list.
2018-6-23 07:00 | |
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Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies.
2018-6-20 22:29 | |
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BitTorrent said it has "no plans to enable mining of cryptocurrency now or in the future" in a statement on Tuesday.
2018-6-20 23:32 | |
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Embattled cryptocurrency exchange, Bitgrail, announced ongoing bankruptcy proceedings in Italy have turned full force, as the court seized the exchange’s bitcoin wallets. The ecosystem seems decidedly torn between addressing the fundamental cause, a hack that drained $170 million, and making victims whole.
2018-6-17 01:20 | |
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It’s been a turbulent time for the cryptocurrency markets, so now is a good time to reflect on how and why we got here in the first place. First, an op ed makes the ideological case for Bitcoin.
2018-6-16 04:35 | |
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‘Fair’ mining and privacy altcoin, Monero (XMR), shed $175 million as a result of malicious miners hijacking what amounts to an eye-popping 5% of XMR in circulation. The findings come by way of a cyber security researcher in Northern California, investigating a noticeable trend uptick in mining thievery generally.
2018-6-15 18:45 | |
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All Cypherpunks value privacy; it’s basically the founding principle of the collective of cryptographers, academics, developers and activists grouped around the 1990s mailing list by the same name.
2018-6-15 23:31 | |
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A key aspect of modern society is its trust in reliable government and monetary systems. Government and central banks have been the guardians of the financial system.
2018-6-14 19:35 | |
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Coinbase dominated headlines across the space this week with a pair of significant developments. The San Francisco–based exchange announced on Monday, June 11, its intention to add Ethereum Classic to its trading platform and then quickly followed the news on Tuesday with the official opening of a crypto index fund.
2018-6-14 01:32 | |
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Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.
2018-6-13 20:24 | |
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Module, Japan’s disruptive answer to the present-day inefficiency problems of blockchain Proof-of-Work (PoW) mining, has just released their early sales numbers for their MODL token private presale, and it seems their innovative project is already showing signs of being a popular hit.
2018-6-13 10:00 | |
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According to Chinese internet security firm Qihoo 360 Netlab, hackers have stolen $20 million in ether from poorly configured Ethereum mining rigs and third-party applications. Experts at the firm say the cyber-attacks target unsecured Ethereum nodes on the Internet.
2018-6-12 19:00 | |
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Coinmint, a cloud mining service provider, has confirmed it will go ahead with its proposed plan to open a cryptocurrency mining plant in an abandoned smelter previously used by Alcoa, in Massena, New York.
2018-6-11 01:16 | |
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Swiss Alps Energy wants to use empty buildings in the Swiss Alps to create cost-effective and eco-friendly mining centres. Bitcoin mining consumes massive amounts of energy. It requires more energy than the Republic of Ireland and produces 20 megatons of CO2 emissions, which is comparable to the impact of one million transatlantic flights, according to The post Swiss Alps Energy Takes Crypto Mining to Alpine Heights appeared first on ItsBlockchain.
2018-6-11 15:39 | |
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HashRental.io receives funds during their ICO from an unnamed Hong Kong-based blockchain investment fund previously purchased crypto mining BTCC… The post HashRental Received a Contribution of $10 Million appeared first on Invest In Blockchain.
2018-6-11 06:19 | |
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The global bitcoin mining company will harness wind and solar energy from West Texas to expand its operations.
A US court has temporarily suspended an Energy Information Administration (EIA) directive requiring Bitcoin miners to participate in a mandatory survey. The decision, made by Judge Alan Albright, prevents the EIA from enforcing the Texas Blockchain Council and its members…
Riot and the Texas Blockchain Council successfully convinced a U.S. district judge that immediate harm would occur without a temporary restraining order to halt further data collection.
Texas Blockchain Council (TBC) and Riot Platforms have initiated a lawsuit against the U.S. Department of Energy (DOE), its Energy and Information Administration (EIA), and the U.S. Office of Management and Budget (OMB). The legal challenge, filed in the U.S.…
A Texas crypto firm and industry group sued the SEC, disputing its authority over exchange-traded crypto, aiming to classify them as non-securities. In a legal maneuver against the U.S. Securities and Exchange Commission (SEC), a Texas-based crypto mining firm called…
Republican presidential candidate Vivek Ramaswamy, Independent presidential candidate Robert F. Kennedy, Jr. and many U.S. lawmakers were in attendance at NABS 2023.
Securities regulators in Texas and Alabama have accused a group of companies tied to a metaverse real estate project of fraudulently raising millions from investors. The Texas State Securities Board last week issued an emergency cease and desist order against GS Partners, Swiss Valorem Bank, and several related entities controlled by Josip Heit.