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News
Is a Main Currency of China Going Digital?
An official currency of China is slated to become a digital asset, according to a leading analyst. China and Crypto: A Rocky Relationship Donald Tapscott – executive chairman of the...
Tag: Bitcoin Mining
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Bitcoin NewsBitcoin: 400 Million Transactions and Counting
Bitcoin, the father of cryptocurrency, has hit a major turning point in its “life” and has recorded its 400 millionth transaction. Bitcoin Is Moving on Up The news comes at...
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Bitcoin NewsWill Bitcoin Mining Be Illegal in China?
The Chinese government is considering a nationwide ban on bitcoin mining. China and Bitcoin Enter the Ring China and bitcoin have not always boasted strong relationships with each other. Last...
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Bitcoin MiningGerman Private Equity Firm Xolaris Doubles Down on Bitcoin Mining Efforts
Bitcoin’s terrible price performance forces companies to make tough calls. Especially in the mining department, breaking even has become a lot more difficult. German private equity fund Xolaris sees things...
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Bitcoin MiningBitcoin Mining ASICs Sold by Weight as Profits Dry Up
Bitcoin’s price rise in late 2017 gave way to a mining “gold rush” of sorts. Bitcoin ASICs, the machines used to mine the cryptocurrency, were being sold for thousands of...
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Bitcoin MiningBitcoin Miners in Norway Face Tough Times as Government Scraps Electricity Subsidies
Bitcoin miners face tougher times ahead as the government scraps subsidized electricity for local cryptocurrency miners. This move comes amidst the dwindling price of virtual currencies which is already forcing...
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Altcoin NewsCrypto Mining Company Giga Watt Files for Bankruptcy
The US-based crypto mining hosting service provider has filed for bankruptcy and faces eviction in Washington County. Giga Watt Files for Chapter 11 Cryptocurrency prices since touching an all-time high...
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Altcoin NewsChinese School Principal Fired For Mining Crypto on Campus
In a bizarre incident, the principal of a Chinese school was sacked for running a cryptocurrency mining operation using the school’s electricity and internet. The Lure of Mining The principal...
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Bitcoin MiningGPU Maker AMD Boasts Blockchain’s Power (and Its Mining Equipment)
Graphical processing unit (GPU) manufacturer AMD has launched a new explainer page for both cryptocurrency and blockchain technology. The Fight Is Heating Up AMD is one of several mining corporations...