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    Argo: New Agreement Signed to Expand Power Capacity by 357%

    Argo: New Agreement Signed to Expand Power Capacity by 357%

    Argo, a UK-based provider of enterprise scale cryptocurrency mining services (LSE: ARB), is pleased to announce it has entered into a new agreement that will increase its electricity supply by 357 per cent.

    21 AUGUST 2019

    News

    Crypto Miner Company CoinMine Scores $2.5 Million in Seed Round

    Crypto Miner Company CoinMine Scores $2.5 Million in Seed Round

    Coinmine, the producers of crypto mining hardware and software, announced a $2.5 million seed round of financing.

    17 AUGUST 2019

    News

    Expert: ASIC miner is like a habitual drunkard neighbour
    Exclusive

    Expert: ASIC miner is like a habitual drunkard neighbour

    “ASIC miners are not suitable for installation in residential buildings, as they emit a lot of heat and are too noisy.” told LetKnow.News Mikhail Korolev, CEO of 2Miners.com.

    11 AUGUST 2019

    Exclusive

    News

    Bitmain Brand Co-Opted by ‘MangoCoin’ in Cloud Miner Sale

    Bitmain Brand Co-Opted by ‘MangoCoin’ in Cloud Miner Sale

    MangoCoin (MGC), a little-known cryptocurrency, has fraudulently used the Bitmain brand in the sale of the so-called “Bitmain Cloud Miner”, according to a blog post by the cryptocurrency mining tech giant.

    10 AUGUST 2019

    News

    Blockstream Reveals Massive Bitcoin Mining Facilities, Fidelity An Early Customer

    Blockstream Reveals Massive Bitcoin Mining Facilities, Fidelity An Early Customer

    On Thursday, blockchain technology company Blockstream revealed details related to their massive Bitcoin mining data centers in Quebec, Canada and Adel, Georgia. The facilities account for a combined 300 megawatts worth of energy capacity, and they’re currently available for hosting enterprise-level mining activities, in addition to Blockstream’s own mining operations.

    9 AUGUST 2019

    News



    Expert: One of the crisis trends is the transition to the PoS protocol
    Exclusive

    Expert: One of the crisis trends is the transition to the PoS protocol

    “Industrial mining on supercomputers is a dead end branch of development.” claims Vladimir Popov, the founder of the consulting agency Synergis and author of books on the blockchain in an exclusive commentary for LetKnow.News.

    7 AUGUST 2019

    Exclusive

    News

    Expert estimates the cost of one bitcoin mining
    Exclusive

    Expert estimates the cost of one bitcoin mining

    “The cost of mining one bitcoin today is between $3,000 and $7,000.” states Vladimir Popov, the founder of the consulting agency Synergis and author of books on the blockchain, in an interview for LetKnow.News.

    6 AUGUST 2019

    Exclusive

    News

    Disgruntled Maltese crypto-miner learns price of Bitcoin is hefty electricity bill

    Disgruntled Maltese crypto-miner learns price of Bitcoin is hefty electricity bill

    Consumer tribunal awards crypto-miner €2,000 after discovering his road to riches is paved with galling electricity bill.

    6 AUGUST 2019

    News

    Bitcoin’s Computing Power Sets Record as Over 100K New Miners Go Online

    Bitcoin’s Computing Power Sets Record as Over 100K New Miners Go Online

    The total computing power now dedicated to securing the bitcoin blockchain has set yet another record.

    5 AUGUST 2019

    News

    Bitmain Reportedly Lost $625 Million by March, Expects Q4 Turnaround

    Bitmain Reportedly Lost $625 Million by March, Expects Q4 Turnaround

    Bitmain reportedly posted a $625 million loss for the first two months of 2019. The company is said to be anticipating that the poor performance will be offset by a flood of demand for its 7nm miners during the fourth quarter.

    4 AUGUST 2019

    News

    Iranian Police Seize Batch of 117 Smuggled Crypto Mining Machines

    Iranian Police Seize Batch of 117 Smuggled Crypto Mining Machines

    Iranian provincial police have arrested an individual smuggling in cryptocurrency miningmachines, local news agency Fars News reported on July 31.

    2 AUGUST 2019

    News

    Importer of Bitmain’s Bitcoin Miners Draws Criminal Investigation in Russia

    Importer of Bitmain’s Bitcoin Miners Draws Criminal Investigation in Russia

    The Russian Federal Customs Service has opened a criminal investigation into an importer of bitcoin miners for potential underpayment of customs fees.

    31 JULY 2019

    News

    Bitcoin Mining Centralization Is ‘Quite Alarming’, But A Solution Is In The Works

    Bitcoin Mining Centralization Is ‘Quite Alarming’, But A Solution Is In The Works

    The Bitcoin mining process is what truly separates the peer-to-peer digital cash system from other forms of online payment. Instead of having a centralized third party who processes transactions, Bitcoin uses a number of dynamic, potentially-anonymous entities to move money around the network.

    30 JULY 2019

    Аrticles

    Iranian government authorizes crypto mining

    Iranian government authorizes crypto mining

    In a Sunday cabinet session chaired by President Hassan Rouhani, the Iranian government authorized crypto mining as an industrial activity.

    29 JULY 2019

    News

    Best mining software of 2019

    Best mining software of 2019

    Discover the best programs to start mining Bitcoin and other cryptocurrencies today.

    26 JULY 2019

    Аrticles

    IEA Report: Bitcoin Causes 0.03%-0.06% of Global CO2 Emissions

    IEA Report: Bitcoin Causes 0.03%-0.06% of Global CO2 Emissions

    According to a report released on July 23 by the International Energy Agency Bitcoin (BTC) mining is likely responsible for 10 20 Megatonne (Mt) of carbon dioxide (CO2) per year or 0.03-0.06% of global energy-related carbon dioxide emissions.

    24 JULY 2019

    News

    Iran Has Not Issued Any Licenses for Importing Crypto Mining Equipment

    Iran Has Not Issued Any Licenses for Importing Crypto Mining Equipment

    Iran’s customs administration has not issued licenses for importing digital currency mining equipment into the country due to the absence of approval from the government.

    22 JULY 2019

    News

    Sanctions-Hit Iran A ‘Heaven’ for Bitcoin Mining, Says Gov’t Official

    Sanctions-Hit Iran A ‘Heaven’ for Bitcoin Mining, Says Gov’t Official

    Iranian authorities are wrestling with the rising number of citizens turning to Bitcoin mining and use as a means of coping with a sanctions-crippled economy.

    18 JULY 2019

    News

    Iranian government moves to authorize cryptrocurrency mining

    Iranian government moves to authorize cryptrocurrency mining

    The governor of the Central Bank of Iran (CBI) has announced that the government is planning to authorize cryptocurrency mining despite the fact that there is no rule allowing its legal trade in the country.

    11 JULY 2019

    News

    Bitmain completes staff options ahead of us IPO, sources claim

    Bitmain completes staff options ahead of us IPO, sources claim

    Bitcoin mining giant, Bitmain, has allegedly completed the signing of employee options and will shortly undergo its initial public offering (IPO).

    7 JULY 2019

    News

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