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Russia’s Leningrad Region Unveils the Largest Crypto Mining Farm

The Leningrad region crypto mining facility is built at an investment cost of 500 million rubles (US $7. 3 million) and has more 3000 mining machines installed with an energy capacity over 20mW. Cryptouniverse Builds the Largest Mining Farm On Monday, August 20, the government of Russia’s Leningrad region inaugurated “the largest data processing center in Russia, designed to extract digital currency – Bitcoin,” reports local publication Chianing. дальше »

2018-8-24 04:00


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Bitmain Crypto Miner “Antminer S9 Hydro” Launches with a Water Cooling System

Bitmain's New Antminer S9 Hydro Launched Bitmain launched the Antminer S9 Hydro earlier this month as a flagship product on its new water cooling mining machines. The Antminer S9 Hydro comes with the SHA -256 algorithm allowing users to mine compatible coins such as Bitcoin (BTC) and Bitcoin Cash (BCH). The device aims at providing […] дальше »

2018-8-23 22:31


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Bitmain Monopoly is Showing Cracks, According to Analysts

The top cryptocurrency mining company might be losing its edge as demand for its products is under pressure and competition grows stronger, according to analysts. “The Competitiveness of Bitmain’s Chips is in Question” A recent report of analysts led by Mark Li at Bernstein holds that the Beijing-based mining company, which was co-founded by the 32-year-old Jihan Wu, might have to write down the actual value of its inventory. дальше »

2018-8-23 16:00


Is Bitmain Losing Its Edge in the Crypto Mining Game? These Analysts Think So

According to analysts, the largest producer of Bitcoin mining equipment may be losing its position at the top of the industry. Bitmain Threatened on Multiple Fronts Despite moving to launch an initial public offering (IPO), competition, dubious speculation on certain digital assets, and lessening demand for hardware are undermining Bitmain’s dominance. дальше »

2018-8-23 02:00


Vague Claims from the Bitmain Pre-IPO Investor Deck Are Adding Up

Bitmain Investor Deck – Vague and Misleading Statements Chinese mining giant Bitmain Technologies is getting ready for its IPO and rumor has it that the least of investors is potentially misleading. Cointelegraph discussed the matter with Henry Wu, an attorney and legal expert at Chinese law firm L&Y. Wu explained that Bitmain’s original list is […] дальше »

2018-8-22 21:03


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Bitmain IPO: Softbank and Tencent Reportedly ‘Not Involved’

Two major corporations have publicly denied involvement with the prospective initial public offering (IPO) of cryptocurrency mining giant Bitmain. Source: Tencent ‘Did Not Take Part’ In a fresh round of controversy over the plans, Chinese multinational Tencent and SoftBank, the largest investor in Uber, both rejected press claims they were participating. дальше »

2018-8-21 17:30


Bitcoin Energy Consumption Exaggerated says Energy Researcher

In Jan 2018, an independent article was published online which shows the different energy consumptions associated with Bitcoin mining with regards to different destinations. From the published article, it was seen that bitcoin miners in Venezuela will maximize cost as it was the country with the cheapest energy consumption for bitcoin mining, which stood below […] The post Bitcoin Energy Consumption Exaggerated says Energy Researcher appeared first on ZyCrypto. дальше »

2018-8-21 16:43


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Налоговики возьмутся за майнеров. Почему в Норвегии ужесточат контроль за отчётностью?

На прошлой неделе неизвестный пообещал устроить взрывы на трёх майнинг-фермах компании New Mining Company в Норвегии. Злоумышленнику не понравилось, что предприятия издают слишком много шума, а предприниматели отказываются идти навстречу местным жителям. Теперь у норвежских майнеров возникли новые трудности —... дальше »

2018-8-21 11:45