Tag: Bitcoin Mining
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,...
Bitcoin Mining
Socially Optimal Bitcoin Mining Pools
Mining bitcoin is a rather risky, high rewarding, process. Miners collaborate within the context of the so-called bitcoin mining pools, where they combine their...
Bitcoin Infrastructure
Bitbank Crowdfunds New Xinjiang Mining Facility
The secret mining facility the publication BBC reported on in China featured Chandler Guo, a representative for Bitbank. The Shenzhen-based company wants to crowdfund the...
Bitcoin News
How Can I mine my Bitcoins?
How Can I mine my Bitcoins?
Buying a Bitcoin is a separate process and mining is another thing. Mining of Bitcoins is a process of...
