Tag: Bitcoin Mining

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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 –...

Bitcoin: 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...

Will 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...

German 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...

Bitcoin 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,...

Bitcoin 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...

Crypto 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...

Chinese 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...

GPU 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...

Bitcoin Mining Attack Causes University to Shut Down Network

St. Francis Xavier University in Nova Scotia was forced to shut down their entire network due to a Bitcoin mining attack. The focus on cryptocurrency...

Bitcoin Mining Hit with 12-Month Ban in Washington Town

The city of Ephrata, in Grant County, Washington, has issued a 12-month moratorium, banning new Bitcoin mining operations from entering the market. Bitcoin Mining Opposition It...

Bitcoin Mining in U.S. Faces Setback Due to Trade War with China

Anthony Pompliano believes the current trade dispute between the United States and China could have a significant impact on the former’s Bitcoin mining scene....