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Germany: Six Arrested in Illegal Crypto Mining Operation

German police have arrested six members of a mining ring who were making use of stolen electricity to mine currency since 2017, as reported by Freie Presse, February 6, 2019. Hijacked Power While people around the world enjoy using cryptocurrency, the actual process of mining crypto is quite tedious and more importantly, expensive, particularly inRead MoreRead More. дальше »

2019-2-9 06:00


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Bitmain Reportedly Will Sack More Than Half of Workforce

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »

2018-12-29 21:20


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Bitmain Reportedly Will Sack Up to 85 Percent of Workforce

The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »

2018-12-27 21:20


Electricity Consumption of Bitcoin is a Non-Issue: Solar Energy is Free in Some Regions

Bitcoin and its trustless, decentralized design requires a unique process called mining that validates each transaction being added to its underlying blockchain. The process involves solving complex mathematical equations, and typically requires some serious computer processing power, and even specially-designed hardware, to validate each block. дальше »

2018-12-18 20:01


Zilliqa (ZIL) Blockchain Testnet Version 3 ‘Mao Shan Wang’ Releases, Mining Details Coming Soon

Zilliqa’s Testnet Version 3 Released –Mining Information To Be Released On December 3rd Last week, Zilliqa (ZIL) announced the release of its Testnet’s third version. Named Mao Shan Wang, this new Testnet upgrade boasts of new features that will help smoothen the process involved in the eventual launch of its mainnet. This launch is going […] дальше »

2018-12-4 23:09


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Bitcoin Miners Navigate A Crypto Minefield

When the Bitcoin (BTC) price crashes, most investors first worry about their portfolio, but their second thoughts likely shift towards the miners. After all, the crypto economy is fueled by mining rewards, and there must be some value attached to the process of verifying transactions in order for the miners to be incentivized to keep the […] The post Bitcoin Miners Navigate A Crypto Minefield appeared first on Crypto Briefing. дальше »

2018-11-28 20:30


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Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off Price’

The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and Primitive partner Dovey Wan. дальше »

2018-11-21 20:00


Canada’s Heatmine Takes Advantage of Bitcoin Mining Heat, Brings Benefits into Homes to Avoid Waste

Any miner is aware of the heightened amount of energy needed for each computer and device to record items on the blockchain. However, this energy has only been used so far in the mining process, though there is a mining company that believes it can be expanded on. The company, Heatmine, is based out of […] дальше »

2018-11-20 03:56


“I am wondering when I can deposit my BSV token into exchange to sell.” Jihan Wu fires at Craig Wright’s Bitcoin Satoshi Vision

Jihan Wu, the co-founder of Chinese mining giant Bitmain, has publicly declared that he cannot wait to trade his Bitcoin Satoshi Vision token (BSV). After a row with BSV’s top proponent Craig Wright, Wu has established that he is more than willing to ditch the BSV token once exchanges begin to accept and process trading. дальше »

2018-11-19 11:50