Tag: Bitcoin Mining
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 private…
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, were…
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 virtual…
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…
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, including…
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…
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. The…
