2022-8-24 11:36 |
As cryptocurrency mining operators look for new locations, an Armenian firm has added an additional 60MW cloud hosting facility based at a local power plant.
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Iran has experienced recent issues with rolling blackouts and power shortages that have been blamed on new bitcoin mining farms in the region. The post Iran Outlaws Bitcoin Mining Amid Power Shortage Crisis appeared first on BeInCrypto.
2021-7-30 22:30 | |
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Bitcoin’s seven day average mining power suffered a drop in the week bygone to 90 EH/s from 97.90 EH/s on 24th October. The drop comes after the mining power saw three months of continuous rise. According to Chris Zhu, the co-founder of Poolin, the reason for this decline is surprisingly unobvious – the end of […]
2019-11-2 03:59 | |
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After sustained growth over the past three months, bitcoin's mining power has dropped with a seasonal falloff in hydropower output in China.
2019-11-1 14:45 | |
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Bitmain is not having an easy time right now. A transcript of a staff meeting has recently surfaced online and it shows that there is a power struggle happening inside the largest mining rig manufacturer in the world.
2019-10-31 00:56 | |
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A transcript of a Bitmain staff meeting reveals an ugly power struggle inside the world's biggest bitcoin miner maker that led to the abrupt ousting of co-founder Micree Ketuan Zhan.
2019-10-31 18:30 | |
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Chinese Bitcoin mining giant, Bitmain, has been in the news lately over infighting and power struggles in its hierarchy. The firm is in the news again after Tencent News reported that it is secretly fThe post Bitmain covertly files Deutsche Bank-sponsored IPO application with the SEC appeared first on AMBCrypto.
2019-11-1 14:13 | |
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U.K.-based Bitcoin mining firm Argo Blockchain has doubled its order of new cryptocurrency miners to secure a 240% hash power increase
2019-10-30 12:26 | |
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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.
2019-10-30 23:37 | |
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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.
2019-10-30 23:37 | |
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A lot of information can be garnered from looking at any cryptocurrency’s network hashrate. In the case of Bitcoin, the opinions regarding this matter have been well-documented over the past few years.
2019-10-29 01:50 | |
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The collective computing power supporting the Bitcoin network has just hit a new all-time high. Evidently, the recent dips in the price of the number one digital asset have not perturbed those in the mining industry.
2019-10-26 11:42 | |
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The Beijing-based Bitmain Technologies and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas. The new mine aims to bolster Bitmain’s international expansion which will soon expand to 50MW of processing power and then extend the operation’s capacity to more than 300MW.
2019-10-23 08:00 | |
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The Bitcoin mining giant Bitmain has just announced that it will work with a Canadian startup to help create a facility with potentially 300MW of power in Texas. DMG Blockchain Solutions Inc. will be providing the Chinese firm with project management services.
2019-10-22 23:00 | |
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Coinspeaker Bitcoin Mining Startup Layer1 Raises $50M from Peter Thiel, Shasta Ventures and OthersBitcoin mining startup Layer1 will run its own power sub-station and utilize solar and wind energy generated on the plains of West Texas.
2019-10-21 12:12 | |
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Layer1 has secured new funding to develop a full-stack bitcoin mining infrastructure and bring more of the global hash power to the U.S. The post Layer1 Secures $50M in Funding to Rebalance the Global Bitcoin Hash Power appeared first on Bitcoin Magazine.
2019-10-16 18:50 | |
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Bitcoin halving set for 2020 has seen manufacturers of mining machines up the game in preparation for the event. Leading firms within this arena are now producing more efficient Bitcoin mining rigs with notable players such as Bitmain, Ebang and Pangolin increasing power by over 500%. At the moment, Bitcoin mining hashrates are at the […]
2019-10-11 19:01 | |
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A 29-year-old man from Singapore faces 34 years in prison after allegedly stealing Amazon AWS and Google Cloud computing power and services to mine crypto. Stole Victims’ Information to Mine Crypto Ho Jun Jia also known as Matthew Ho was taken into the custody of the Singapore Police Force on September 26 after being charged under a 14-count indictment.
2019-10-11 18:00 | |
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A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after the wet season in Sichuan.
2019-10-10 06:35 | |
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Bitmain launching two new enhanced Antminer 17 series miners - CryptoNinjas Bitmain, a developer of chips, servers, and cloud solutions for blockchain and AI applications, today announced two cryptocurrency mining models: S17+ and T17+ – from the Antminer 17 series.
2019-10-9 19:14 | |
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A bitcoin mining farm caught fire last week due to what some suggest was faulty wiring and bad power supply units (PSUs). The industrial mining farm appears to be four... The post Bitcoin Mining Farm Burns Down appeared first on Trustnodes.
2019-10-8 17:21 | |
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Co-founder of NiceHash which is a Slovenian cryptocurrency hash power broker – Matjaz Skorjanc was reportedly arrested in Germany on the US charges of a million-dollar theft. The US officials were already in search for Matjaz Skorjanc for running a cybercrime forum Darkode for almost 5 years taking us back to 2013 and for creating […]
2019-10-3 18:40 | |
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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 | |
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Belarusian President Alexander Lukashenko has suggested the country begin mining bitcoin with its nuclear power. What could this mean for the world? The post Op Ed: Belarus and the Case for National Bitcoin Strategies appeared first on Bitcoin Magazine.
2019-10-2 20:48 | |
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A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry.
2019-9-30 15:00 | |
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The total cumulative power of the computer systems mining the Bitcoin blockchain has plummeted by around 30 percent today. The sudden downtrend started just before the launch of the much anticipated Bakkt platform yesterday.
2019-9-25 01:00 | |
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Kyrgyzstan cuts off power to 45 crypto mining firms as they consumed more energy than three local regions combined
2019-9-20 14:37 | |
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Hash power on the Bitcoin network has been soaring since May of this year. In the last month alone, Bitcoin has gone from a hash rate of 63. 79 million EH/s to 102. 85 EH/s. This massive increase directly signals major interest in mining as the block reward halving approaches with less than a year to go,Read MoreRead More.
2019-9-20 02:00 | |
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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.
2019-9-19 18:00 | |
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The computing power dedicated to mining bitcoin has hit yet another new high, suggesting that as many as 600,000 machines have come online since June.
2019-9-16 07:00 | |
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The first half of 2019 witnessed a Bitcoin bull surge that enabled the largest crypto asset to escape bearish winter. Bitcoin peaked at $13,800 on June 26th but bullish momentum slowly decreased.
2019-9-14 20:00 | |
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Китайская компания Bitmain, один из ведущий производителей оборудования для майнинга, представила два новых ASIC-майнера. Introducing the new #AntminerS17e & #AntminerT17e, 2 new miners that offer the best value for mining.
2019-9-10 19:10 | |
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Crypto mining giant Bitmain is launching two new models for its Antminer range, one of which is its most powerful yet.
2019-9-9 17:10 | |
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Крупнейший производитель майнеров Bitmain представил два новых продукта — Antminer S17e и Antminer T17e. Продажи стартуют 9 сентября. Introducing the new #AntminerS17e & #AntminerT17e, 2 new miners that offer the best value for mining.
2019-9-6 13:54 | |
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Cheap hydroelectricity and frigid year-round temperatures have made the Siberian city of Bratsk home to several Bitcoin mining farms. By repurposing abandoned Soviet munitions factories the region could soon become a new hub for Bitcoin mining, moving hash power away from the now-dominant Chinese mining sector.
2019-9-6 09:25 | |
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You can’t really discuss the topic of cryptocurrency mining without getting into issues surrounding the concept of centralization. One of the greatest aspirations of cryptocurrency communities is to decentralize the monetary system and create “trustless” transactions.
2019-9-2 14:11 | |
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In the latest update from the Capital One illegal cryptocurrency mining case, hacker Paige Thompson has been indicted for stealing data, in addition to using stolen computer power for crypto-mining activities.
2019-8-29 19:00 | |
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Litecoin (LTC) miners are facing problems recently. Many of them have decided to unplug their mining devices after the most recent halving happened. Data from the LTC network shows that the difficulty is going down because of that.
2019-8-24 23:37 | |
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Litecoin’s halving on Aug. 5 reduced the network’s mining difficulty and hashing power by almost 30 percent. The difficulty dropped from just under 16 million a day before the halving to 11. 40 million on Aug.
2019-8-23 22:16 | |
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Mining power on the litecoin network has dropped by 28 percent since its recent "halving" event as miners struggle for profit.
2019-8-23 13:30 | |
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Mining power on the litecoin network has dropped by 28 percent since its recent "halving" event as miners struggle for profit.
2019-8-24 13:30 | |
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Security Service of Ukraine (SBU), the nation’s primary law enforcement authority, has arrested several individuals for illegally mining bitcoin (BTC) and altcoins at the state’s nuclear power plant (NPP), reports RT on August 22, 2019.
2019-8-23 21:00 | |
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The Security Service of Ukraine confiscated crypto mining equipment from a single office in the administrative wing of the South Ukrainian Nuclear Power Plant. The seized equipment included 16 GPU video cards, 7 hard drives, 2 solid-state drives, a motherboard, extension cords, and a router.
2019-8-23 19:49 | |
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People will do anything to get their hands on that sweet cryptocurrency including, perhaps one of the most audacious yet, using secret areas in a nuclear power plant to hide and power mining machines.
2019-8-22 11:42 | |
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Rampant flooding in China’s Sichuan province has had a catastrophic effect on some of the world’s leading bitcoin mining operations. The post Major Flooding Disrupts Chinese Hydro Power, Bitcoin Mining appeared first on Bitcoin Magazine.
2019-9-6 00:21 | |
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Two raids of the South Ukrainian Nuclear Power Plant uncovered GPUs, hard drives, and cooling equipment used to mine cryptocurrencies.
2019-8-23 00:00 | |
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SBU (Security Service of Ukraine) detectives have discovered a cryptocurrency mining operation at one of the nation’s nuclear power plants. The agency has reason to believe that it was officials at the facility that had installed the unauthorised hardware.
2019-8-22 23:00 | |
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Heavy rain has resulted in mudslides in China’s Sichuan province, disrupting bitcoin mining operations in the area and forcing some hydroelectric power plants to stop generating electricity.
2019-8-21 19:23 | |
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Most of the assets enjoyed a lucrative period from April to June but the controversial Bitcoin SV faced a few “hiccups” along the way. Bitcoin SV went through a tumultuous journey this year, with the coin being delisted by major exchanges like Binance and Kraken, which led to its drop in rankings as well.
2019-8-19 15:59 | |
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Charlie Lee announced that Litecoin controls 98 percent of the hash rate for its “Scrypt” mining algorithm. This dominance is critical for the security of LTC. Meanwhile, other coins which have minority control over their algorithm, such as Bitcoin Cash and Bitcoin SV, remain at high risk of malicious attack.
2019-8-20 11:02 | |
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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…
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…
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 has dropped to its lowest level since December 2022.
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 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.
Publicly traded bitcoin mining companies, including Bitfarms, Cipher, CleanSpark, Core Scientific, Riot, and Terawulf, have reported a decrease in production ranging from 6% to 12% for the month of April.