Cryptocurrencies Mining News
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Best mining software of 2019
Discover the best programs to start mining Bitcoin and other cryptocurrencies today.
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.
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.
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.
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.
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).
Exclusive: WhatsApp in talks to launch mobile payments in Indonesia
Challenger bank Revolut made some major changes to personnel on Friday.
Vitalik Buterin: “More Pessimistic” About Scaling Through Second Layers
20% of Turks Use or Own Cryptocurrencies, Report Says
UK High Court ruling over $1 million hack implies Bitcoin is "property"
Xendpay Joins RippleNet to Open Up New Payment Corridors to Four Asian Countries
Overstock shares surge after CEO Patrick Byrne quits
Rwandan Central Bank Studying Ways of Issuing Digital Currency
OPSkins Group and WAX Summoned to California Court Over 2017 ICO
AITRADECOIN - an ai-integrated trading revolution
Five reasons why the bitcoin wealth distribution is skewed
Cryptocurrency Exchanges: 10 Facts All Investors Should Know