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Bitcoin Mining

Bitcoin Mining

IMF Calls on Georgia to Evaluate Crypto Income for Trade Balance

November 30, 2019

The International Monetary Fund (IMF) recommends that Georgia include the income from crypto trade and mining in its foreign trade balance reports. IMF Welcomes More Transparency on Crypto Mining The …

Bitcoin Mining

Is Chinese Bitcoin Mining Firm Canaan’s $400M IPO a Desperate Move?

November 12, 2019

Chinese bitcoin mining hardware maker, Canaan, plans to raise $400 million through public sale of its stocks. But will the IPO ride be smooth or bumpy?  Volatility is usual for …

Bitcoin Mining

Why Bitcoin Mining is Still a Very Lucrative Venture

October 30, 2019

Bitcoin prices are still extremely volatile and, as we saw at the weekend, experience wild swings in both directions. This trend is likely to continue until distribution evens out and …

bitcoin

How To Mine Bitcoin More Efficiently…Use An Actual Mine in Norway

November 11, 2018

Bitcoin mining is unquestionably a costly business, but Northern Bitcoin claims to have cut expenses by using a former metal mine in Norway. Innovation Station Bitcoin mining is unquestionably a …

Bitcoin Mining

Bitcoin Mining Consumes Over 3X the Energy of Gold Mining: Research

November 8, 2018

Twitter Facebook LinkedIn A new paper indicates that the energy required to mine cryptocurrencies is more than what is consumed when excavating for metals of equivalent dollar value. In the …

bitcoin

Bitcoin Mining Market Still Strong as Shown by Bitfury’s $1 Billion Valuation

November 7, 2018

Twitter Facebook LinkedIn This week, Bitcoin mining equipment manufacturer and blockchain software firm Bitfury secured a valuation of $1 billion from billionaire investor Mike Novogratz and Korelya Capital’s $80 million …

Bitcoin Crime

Crypto Mining Attacks Up Nearly 1000% in First Half of 2018

August 31, 2018

Detected instances of cryptojacking – the unauthorized commandeering of computer resources to mine cryptocurrencies – went up nearly 1000% in the first six months of 2018. This is one of …

Bitcoin Mining

NY Crypto Miner Turns Old Hydroelectric Dam into Bitcoin Mining Farm

August 28, 2018

DPW Holdings Inc. will use power generated by the Valatie Falls, New York hydroelectric dam for a bitcoin mining farm that is expected to become operational in the fourth quarter. …

Bitcoin Mining

Norwegian Bitcoin Mining Firm Hit with Bomb Threat Risks Govt. Shutdown

August 23, 2018

Barely a week after receiving bomb threats, Kryptovault now has to contend with another threat — forced closure by local authorities. According to the Norwegian edition of The Local, one …

Bitcoin Mining

Alarm Over Bitcoin Mining is a Red Herring: Energy Researcher

August 21, 2018

The amount of electricity consumed by bitcoin mining is not the global environmental crisis it is often portrayed to be. This is the professional assessment of Dr. Katrina Kelly-Pitou,  a …

Bitcoin Mining

Vietnam Confirms Suspension of Bitcoin, Cryptocurrency Miner Imports

August 13, 2018

After months of deliberation, Vietnam has moved to halting imports of cryptocurrency mining equipment according to a customs department in the country. Domestic businesses and individuals have stopped importing crypto …

Bitcoin & Blockchain Investments

$500 Million Bitmain Data Center to Bring 400 Jobs to Texas Coal-Mining Town

August 7, 2018

Bitmain, the world’s largest bitcoin miner and mining equipment maker has announced construction plans for a new blockchain data center and cryptocurrency mining facility in the city of Rockdale in …

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