Mining

Principle Fired for Mining Cryptocurrency at a School in China

A Middle School principle in China was fired after staffers uncovered a cryptocurrency mining scheme utilizing school computers. Local media in China have begun to write about a...

Kevin O’Brien | 8 months ago
Achain Enters Phase 2 of its Development: ‘Galaxy’
News

BitFury $80M Funding Round Attracts Galaxy Digital’s Novogratz

Bitcoin mining infrastructure company BitFury Group has closed a private funding round worth $80 million from both global and cryptocurrency-focused investors. Cash To Fund...

Wilma Woo | 8 months ago
Cryptocurrency Mining
News

BTCC to Shut Down Mining Pool Following ‘Business...

The turbulent journey of the Bitcoin mining sector continues this week as BTCCPool announces it will close “indefinitely” November 30. BTCC Pulls Out Of Mining The pool, which...

Wilma Woo | 8 months ago
Company Usess Junk Bonds to Convert Aluminum Smelter into a Giant Mining Operation
News

Company Uses Junk Bonds to Convert Aluminum Smelter into a Giant...

Coinmint LLC is turning to junk lending in order to fund a massive new mining operation. The project will repurpose a now-closed industrial site. Coinmint LLC is in the midst of a...

Danny Scopelliti | 9 months ago
Plattsburgh NY Officials Fed Up With Mining Noise Adopt Regulations
News

Plattsburgh NY Officials Fed Up With Mining Noise Adopt Regulations

Leaders in the town of Plattsburgh, New York, have adopted a law requiring crypto mining operations to hold a special permit. In the meantime, a moratorium on new endeavors is still in...

Kevin O’Brien | 9 months ago
mining farm
Companies

David Vs. Goliath: Companies Like MicroBt Look To Challenge...

Bitmain is well-known across the cryptocurrency community for dominating the mining hardware market. Some think the Chinese giant might be losing its edge, and a growing number of...

Kevin O’Brien | 9 months ago
US elections
Legislation

U.S. Federal Election Committee Considers Request to Mine...

Candidates for the 2020 presidential election may be able to accept cryptocurrency mining profits as campaign donations.  Could Mining Reform Political Campaigning? Osia Network, LLC...

Eustace Cryptus | 10 months ago
Bitmain Fights Rumors by Launching New ASIC Chip
ASIC miners

Bitmain Fights Rumors by Launching New ASIC Chip

As Bitmain’s IPO date approaches, negative news involving the company could add up. The CEO of Bitmain, Jihan Wu, countered the pessimism by launching a brand new “algorithm...

Paula Baciu | 10 months ago
Hydroelectric dam
News

Washington Mining Enclave to Be Hit with Increased Power Costs

Low energy prices from the local hydroelectric plant attracted many cryptocurrency miners to Grant County, Washington. But it seems like the gravy train may soon hit the buffers as...

Emilio Janus | 10 months ago
Bitmain
News

Bitmain Lost $328 Million Buying Bitcoin Cash, According to BitMex...

Bitmain made a bad bet on Bitcoin Cash but could still become “one of the great companies” in the cryptocurrency world, researchers from BitMEX reveal. ‘Bitmain Can Be A...

Wilma Woo | 11 months ago
As Cryptocurrency Miners Dig In, Many Small American Towns Are Looking for a Way Out
News

Cryptocurrency Miners Dig In to Small-Town America

Even though the cryptocurrency market has experienced a rough year, miners are still staking their claims across many of America’s small towns. Some people are enthusiastic about a...

Kevin O’Brien | 11 months ago
mining GMO
News

Japan’s Internet Giant GMO Abandons Bitcoin Cash Mining

Japanese internet giant GMO has switched its entire mining capacity from Bitcoin Cash (BCH) to Bitcoin (BTC) as of July 2018. GMO Mines 568 Bitcoin Blocks In July A copy of the...

Wilma Woo | 11 months ago

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