Tag: Bitcoin Mining

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Bitcoin Mining

Bitmain, Bitcoin Mining Bring Hope to Texas Town Devastated by Job Losses

Bitmain, the world's leading mining hardware manufacturer, is expanding its operations into the United States. Their latest acquisition is an abandoned power plant that...
Bitcoin Mining

Bitcoin Mining Game Blockchain Tycoon Launching on Steam

Cryptocurrency and blockchain-oriented games are making their way to Steam. Blockchain Tycoon is a new offering which lets anyone start their own blockchain business....
Bitcoin Mining

Investors in Hong Kong File Complaints over Alleged Bitcoin Mining Fraud

Five investors have filed complaints to authorities in Hong Kong over alleged fraud involving Bitcoin mining machines. Failed Promises An investment seminar is reported to have...
Bitcoin Mining

Chinese Police Arrest Man for $15 Million Bitcoin Mining Machine Fraud

A man in China has been arrested for reportedly conning $15 million worth out of 50 investors after claiming he had a reliable supply...
Bitcoin Mining

Chinese Police Confiscate 200 Computers Used to Mine Cryptocurrencies

Chinese police have seized more than 200 computers used to mine cryptocurrencies after a man was alleged to have attempted to cheat the electricity...
Bitcoin Mining

Coinmint Setting up a 435 Megawatt Bitcoin Mining Operation in New York

Bitcoin mining has become a major business venture over the years, and various companies and investors are taking a closer look at it. An...
Bitcoin Mining

Chinese Police Confiscate 600 Bitcoin Mining Machines

Chinese police have reportedly confiscated 600 bitcoin mining machines following reports of irregular electricity usage. In the China city of Tianjin officials are continuing their crackdown...
Bitcoin Mining

Fundstrat Analyst Says the Cost of Mining Bitcoin is No Longer Profitable

Some estimates are suggesting that it's no longer profitable for miners to produce bitcoin, with March earnings half those of December's. In a report from...
Bitcoin Mining

Study: South Korea is the Most Expensive Country for Bitcoin Mining

A new study has found that the cost of bitcoin mining has become a lot more expensive to mine in some countries compared to...
Bitcoin Mining

Nine Men Arrested Over the Theft of Bitcoin Mining Machines in Malaysia

Nine men have been arrested in Malaysia over the theft of bitcoin mining machines worth over RM500,000 ($130,000), according to a report. In a report...
Bitcoin News

The Price of These Stock Declined In Response To Bitcoin’s Recent Crash

Bitcoin's wild bullish run during the past couple of months has begun to have its effects on the global economy, especially the stock market....
Bitcoin Mining

Why Are Some Bitcoin Transactions Confirmed Before the Others?

Full nodes across the bitcoin network continuously obtain, validate and broadcast new transactions. Transactions are collectively allocated to transaction pools on router nodes. Miners,...
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