US City of Salamanca Bans Crypto Mining in the Area of its Utility

2018-8-13 17:47

Salamanca’s city councilors want to make sure that the cheap electricity, provided by its utility, will not be used by crypto miners, but only by residents.

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Another US City Imposes a Moratorium on Crypto Mining

The city of Salamanca in the U.S. state of New York is reportedly establishing a moratorium on cryptocurrency mining operations in the city. This will stop crypto miners from “using up all the residents’ power and effectively make all of them get a price increase on their utility bills,” a member of the city’s council […] The post Another US City Imposes a Moratorium on Crypto Mining appeared first on Bitcoin News.

2018-8-11 16:20


Crypto mining applications are no longer being accepted by the Washington Utility

A customer-owned utilities company in rural Washington has stopped accepting applications for electricity from crypto mining and similar blockchain operations, the Seattle Times reported July 30. The Franklin Public Utility District commissioners (PUD) have approved a moratorium that will allow time for staff to investigate the impact of cryptocurrency mining on the electrical system before

2018-7-31 10:15


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Mining Round-Up: Steam Game Allegedly Cryptojacks Users, Mining Could be “New Oil” for Kazakhstan

In recent mining news, indie Steam game, Abstractism, has been accused of installing malicious software on its users’ devices to mine XMR; the vice president of the Blockchain and Crypto Technology Association of Kazakhstan has advocated that the country’s administration seeks to foster the local mining industry; and the commissioners of the Franklin Public Utility […] The post Mining Round-Up: Steam Game Allegedly Cryptojacks Users, Mining Could be “New Oil” for Kazakhstan appeared first on Bitcoin News.

2018-7-31 02:45


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Crypto miners get updated power rate structure approved by NY state officials.

New York state regulators have approved a new electricity rate scheme for cryptocurrency miners that will allow them to negotiate contracts, Bloomberg reported July 12. According to Bloomberg, several months ago the state of New York gave permission to 36 municipal power authorities to charge crypto miners more than other consumers. The Massena municipal utility

2018-7-13 06:31


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In Upstate New York, Crypto Miners have approved New Power Rates

A municipal utility provider in New York got the green light from state regulators to create a new set of electricity rates for cryptocurrency miners. While primarily an administrative move, it’s a potentially significant development for cryptocurrency miners hoping to tap the hydroelectrical resources located in New York. However, given the abundance of low-cost electricity

2018-7-13 03:13


Sirin Labs Releasing $1000 Blockchain Phone

Sirin, a Swiss tech hardware company, has announced the release of a $1000 blockchain powered smart phone to be released later this year. The phone is called ‘Finney’ and will come with blockchain features such as a secure P2P resource-sharing utility, a built-in cold storage crypto wallet that will support all major cryptocurrencies and tokens,… The post Sirin Labs Releasing $1000 Blockchain Phone appeared first on UNHASHED.

2018-7-12 00:43


Wall Street’s Crypto King Calls Bitcoin ‘Currency of the Internet’

Wall Street’s “Crypto King” sat down with the panel on CNBC’s Fast Money to discuss Bitcoin’s utility, calling the digital coin the “currency of the internet. ” Bitcoin is the Best Crypto Investment Bart Smith, head of digital asset trading at Susquehanna International Group, dubbed the “Crypto King” of Wall Street for his expertise on the space.

2018-7-11 13:00


PR: GIN Hits Three Milestones in One Week – Cryptopia Listing, PIVX Addition and Investor Dashboard Debut

The still young GINcoin cryptocurrency continues its ascension in the crypto market. With its rapid development, the project is ticking three important boxes last week: getting listed on Cryptopia, adding PIVX to the turnkey masternode deployment platform, and launching an all-in-one Investor Dashboard, where masternode owners can keep a close eye on all of their masternode investments.

2018-6-19 20:30