Chinese Bitcoin Miners Lose Again after Flocking to Iran for Cheap Electricity
Many Chinese bitcoin miners migrated to Iran in 2018 for its cheap electricity amid China's crackdown on crypto mining. However, ...
Tag: bitcoin mining
What’s Next for Crypto Miners?
After the high note with which crypto ended 2017, 2018 has been a dour reminder that crypto markets remain unpredictable ...
Norway Bitcoin Miners Eye Exodus to Sweden after Electricity Tax Hike
The Norwegian government's decision to scrap tax subsidy on the power conferred to bitcoin miners is prompting them to migrate ...
Israeli Crypto Mining Firm Files for IPO in Canada
Israeli cryptocurrency mining company Bitfarms wants to become a public company in Canada. According to its press release, the mining ...
Bitcoin Mining Firms are Seeing Record Revenues, But Little Profit
New research from Diar has revealed that while the price of bitcoin remains 40 percent higher than a year ago, ...
Crypto Conglomerate Bitmain’s $18 Billion IPO Will Initiate FOMO Among Investors
Bitmain, the biggest crypto conglomerate in the global market, is expected to conduct one of the largest initial public offerings ...
Op-Ed | Cryptocurrencies like Bitcoin Consume Significantly Less Resources than Fiat Money
Earlier this week, I wrote on social media that it costs significantly less energy to produce cryptocurrencies like bitcoin and ...
South Korean Conglomerate Hyundai's Cryptocurrency Mining Pool Hacked, Withdrawals Disallowed
The mining pool of HDAC, a blockchain platform and company operated by Hyundai BS&C, a subsidiary of South Korea’s biggest ...
47% of South Africans Plan to Invest in Cryptocurrencies
South Africa has the most sophisticated economy and financial sector on the continent, and its citizens are increasingly warming up ...
Bitmain’s Biggest Bitcoin Mining Rival Plots $1 Billion Hong Kong IPO
Canaan Creative, China’s second-largest bitcoin mining hardware manufacturer, plans to raise $1 billion through an initial public offering (IPO) on ...
Riot Blockchain Trades All Mined Bitcoin Cash into Bitcoin
Biotech-company-turned-cryptocurrency-investment-firm Riot Blockchain is not long on Bitcoin Cash. That’s one of several revelations from a recent public filing that ...
Pipe Dream: Analysts Mull Natural Gas-Powered Bitcoin Mining Operation
A group of Wall Street analysts has a unique idea to allow shale producers in Texa’s oil-rich Permian Basin to ...
'Scoundrels': Washington County Fires Back at Unauthorized Bitcoin Miners
If you're in Washington's Chelan County, you might want to think twice about attempting to mine bitcoin off the radar. ...
Student Cryptocurrency Miners Face Rising Costs, Squeezed Margins
Savvy college students who have been mining bitcoin from their dorm rooms are facing a one-two punch from lower cryptocurrency ...
Illegal Bitcoin Mining Operation Tapping Cheap Power Busted in South Korea
South Korean police have arrested over a dozen individuals involved in an illegal bitcoin mining operation that used cheap electricity ...
Nvidia's Huang: Cryptocurrencies Here to Stay, Will Be an 'Important Driver for GPUs'
Nvidia has never been overly transparent about the impact of bitcoin mining on its business, but now we know the ...
Cryptocurrency Mining CPUs in South Korea are Rising in Popularity
In South Korea, investors have started to purchase CPUs equipped with high performance gaming graphic cards like the Nvidia GTX ...
Zapped Out: Washington County Places a Moratorium on Bitcoin Mining
Washington's Chelan County public utility district (PUD) has drawn a line in the sand on bitcoin miners. Chelan's PUD won't accept ...
Bitcoin Price Retreat Digs Into Bitcoin Miner Profits
Bitcoin miners may be turning off their machines, at least until the bitcoin price rebounds. It's no secret the BTC ...
Chinese Bitcoin Mining Giant Bitmain is Expanding to the United States
Major China-based cryptocurrency miner Bitmain is looking to carve an entry into the United States. The company is looking to ...
Officials from Upstate New York Town Seek to Ban Bitcoin Mining
Plattsburgh, NY city officials want to reserve their cheap electricity for non-crypto economic development. Plattsburgh, NY is located in Clinton ...
Bitcoin Giant Bitmain Rivals GPU-Maker Nvidia in Profits, Analysts Say
It's taken China-based bitcoin miner Bitmain four years to achieve performance that its larger tech peer took more than two ...
Bitcoin Mining Facility Interferes With T-Mobile’s LTE Network Verifying Payments
US Federal Communications Commission (FCC) revealed in an official “notification of harmful interference” document that a bitcoin mining facility based ...
Hydro-Quebec Mulls Higher Rates as Bitcoin Miners' Demands Surge
Rising demand for Montreal's low-cost hydroelectric power among bitcoin miners could spur higher electricity rates. Hydro-Quebec revealed it may consider hiking ...
Dow Futures Rage on '90% Complete' Trade Deal Hysteria Ahead of G20
Dow Jones futures launched a triple-digit rally in early trading on Wednesday as Treasury Secretary Steven Mnuchin said the China...
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