Crypto mining might soon be restricted in inner Mongolia as ministries have issued a notice to rectify the crypto mining space. Ministeries Consider Virtual Currencies “Unrelated” To Real Economy Per the notice issued by the Autonomous Region Development and Reform Commission crypto mining, cloud computing, big data, IDC and data centers in inner Mongolia will
Crypto mining might soon be restricted in inner Mongolia as ministries have issued a notice to rectify the crypto mining space. Ministeries Consider Virtual Currencies “Unrelated” To Real Economy Per the notice issued by the Autonomous Region Development and Reform Commission crypto mining, cloud computing, big data, IDC and data centers in inner Mongolia will
The world of cryptocurrencies opened a lot of doors for people to make money and one of them is definitely crypto mining. For those who are not aware of crypto mining, by definition, is a process of verifying and adding transactions to the digital ledger of a particular blockchain for which the miner receives respective
The world of cryptocurrencies opened a lot of doors for people to make money and one of them is definitely crypto mining. For those who are not aware of crypto mining, by definition, is a process of verifying and adding transactions to the digital ledger of a particular blockchain for which the miner receives respective
On July 31, 2019, Samsung Electronics reveals the result of Second Quarter which sees profit plummeting but the demand for crypto mining chips increasing. According to the Q2 report, Samsung reported an operating profit of KRW 6.6 trillion (approx. $5.57 billion US Dollar) on sales of KRW 56.13 trillion. The company has reportedly experienced a
On July 31, 2019, Samsung Electronics reveals the result of Second Quarter which sees profit plummeting but the demand for crypto mining chips increasing. According to the Q2 report, Samsung reported an operating profit of KRW 6.6 trillion (approx. $5.57 billion US Dollar) on sales of KRW 56.13 trillion. The company has reportedly experienced a
Iranian Govt has first approved cryptocurrency mining activity within the country Following the days of speculations, a local Iranian news media recently confirmed that Iranian Govt is officially authorizing crypto mining as industrial activity. Country encouraging Miners to involve in mining activity by obtaining a license from the respective authority As per the report on
Iranian Govt has first approved cryptocurrency mining activity within the country Following the days of speculations, a local Iranian news media recently confirmed that Iranian Govt is officially authorizing crypto mining as industrial activity. Country encouraging Miners to involve in mining activity by obtaining a license from the respective authority As per the report on
The new CoinFly solution enters the market: that is the similarly-named “all-in-one” mining system, made by miners and for miners. The market has never had such a comprehensive solution before, which makes the CoinFly system truly unique. Everything needed for simple and profitable mining is integrated into the system: all the necessary functions are brought
The new CoinFly solution enters the market: that is the similarly-named “all-in-one” mining system, made by miners and for miners. The market has never had such a comprehensive solution before, which makes the CoinFly system truly unique. Everything needed for simple and profitable mining is integrated into the system: all the necessary functions are brought
SBI Holdings, the parent company of the SBI Group in Japan, has established a cryptocurrency mining firm. SBI Mining Chip Co., Ltd., will engage in the development of Bitcoin (and Cryptocurrency) mining chips and hardware. The head office of the SBIMC is in Minato-ku, Tokyo with Adam Traidman heading the entity. Adam Traidman is the
SBI Holdings, the parent company of the SBI Group in Japan, has established a cryptocurrency mining firm. SBI Mining Chip Co., Ltd., will engage in the development of Bitcoin (and Cryptocurrency) mining chips and hardware. The head office of the SBIMC is in Minato-ku, Tokyo with Adam Traidman heading the entity. Adam Traidman is the
The latest report from Japanese media reported ‘ Mongolia’s cheap electricity’ has captured the growing cryptocurrency mining interest from the Japanese bitcoin miners. Mongolia, a location between China to the south and Russia to the north is featured with ‘the blend of cheap electricity and cold weather’. Cheap electricity attracts Japanese cryptocurrency miners to Mongolia
The latest report from Japanese media reported ‘ Mongolia’s cheap electricity’ has captured the growing cryptocurrency mining interest from the Japanese bitcoin miners. Mongolia, a location between China to the south and Russia to the north is featured with ‘the blend of cheap electricity and cold weather’. Cheap electricity attracts Japanese cryptocurrency miners to Mongolia
One of the world’s Top 5 GPU-based mining firms, Kingdom Mining has cemented its position at the forefront of the AI race in the crypto trading space with the launch of a game-changing OCO trading mode, just two weeks after its breakthrough autonomous cryptocurrency trading platform, AI Trader debuted. AI Trader was developed in conjunction
One of the world’s Top 5 GPU-based mining firms, Kingdom Mining has cemented its position at the forefront of the AI race in the crypto trading space with the launch of a game-changing OCO trading mode, just two weeks after its breakthrough autonomous cryptocurrency trading platform, AI Trader debuted. AI Trader was developed in conjunction
Two of the major mining pools of BCH coin has come together and introduced an initiative that will make free transactions a possibility along with lowering the transaction value. This will support the Bitcoin Cash adoption that has the BCH coin community in elation. An initiative to lower mining fees & transaction value Bitcoin Cash
Two of the major mining pools of BCH coin has come together and introduced an initiative that will make free transactions a possibility along with lowering the transaction value. This will support the Bitcoin Cash adoption that has the BCH coin community in elation. An initiative to lower mining fees & transaction value Bitcoin Cash
One of the biggest mining pools, AntPool has officially announced the Monero hard fork that will take place on April 6, 2018, at the block height of 1546000. With a focus on mining community, the software update will involve a change in POW system to protect from ASIC threats and ring signatures. Monero hard
One of the biggest mining pools, AntPool has officially announced the Monero hard fork that will take place on April 6, 2018, at the block height of 1546000. With a focus on mining community, the software update will involve a change in POW system to protect from ASIC threats and ring signatures. Monero hard
After banning crypto ads last month, Google has now banned the crypto mining browser extensions from its Chrome web store. The tech giant won’t be accepting the crypto mining extensions anymore due to their non-compliance. Eliminating cryptojacking: No more crypto mining extensions on chrome Google, in its official announcement that was effective immediately from
After banning crypto ads last month, Google has now banned the crypto mining browser extensions from its Chrome web store. The tech giant won’t be accepting the crypto mining extensions anymore due to their non-compliance. Eliminating cryptojacking: No more crypto mining extensions on chrome Google, in its official announcement that was effective immediately from
Well…. My dear fellow bitcoin, ethereum and number of other precious cryptocurrency enthusiasts, the thing we love most is seeing those green numbers in the market that screams “rise in prices”. Right! Oh, we all do! But do you know what comes with price rise, a lot of mining! Well, I won’t be getting into
Well…. My dear fellow bitcoin, ethereum and number of other precious cryptocurrency enthusiasts, the thing we love most is seeing those green numbers in the market that screams “rise in prices”. Right! Oh, we all do! But do you know what comes with price rise, a lot of mining! Well, I won’t be getting into
Uzbekistan is one of the leading countries with cheapest electricity in asia planning to become a hub for bitcoin mining. The country has taken the route to legal bitcoin and other cryptocurrencies as it presents a presidential decree to regulate the electronic money by September. One of leading countries with cheapest electricity in central asia
Uzbekistan is one of the leading countries with cheapest electricity in asia planning to become a hub for bitcoin mining. The country has taken the route to legal bitcoin and other cryptocurrencies as it presents a presidential decree to regulate the electronic money by September. One of leading countries with cheapest electricity in central asia
With the rise in bitcoin price among other cryptocurrencies, miners are demanding for powerful rigs that can have about 500 graphics cards resulting in the global shortage of GPUs. This leads to a massive hike in the prices of these cards and shift of miners to Hong Kong and Singapore for cheaper rigs. Rise in
With the rise in bitcoin price among other cryptocurrencies, miners are demanding for powerful rigs that can have about 500 graphics cards resulting in the global shortage of GPUs. This leads to a massive hike in the prices of these cards and shift of miners to Hong Kong and Singapore for cheaper rigs. Rise in
Iceland has attracted a number of large cryptocurrency mining companies to set up their base. It has been expected that this year the Island would be using more energy in bitcoin mining than powering its homes. This growth has led to the lawmakers to suggest regulating and taxing the crypto mining. Energy consumption in bitcoin
Iceland has attracted a number of large cryptocurrency mining companies to set up their base. It has been expected that this year the Island would be using more energy in bitcoin mining than powering its homes. This growth has led to the lawmakers to suggest regulating and taxing the crypto mining. Energy consumption in bitcoin
The Russian security of the Russian Federal Nuclear Centre has arrested several scientists that were allegedly trying to mine the cryptocurrencies on site. Russian Scientists Mining Crypto in Nuclear Lab Reported by the Russian Authorities, several engineers have been arrested who worked at a top-secret nuclear weapon facility, the All Russian Research Institute of Experimental
The Russian security of the Russian Federal Nuclear Centre has arrested several scientists that were allegedly trying to mine the cryptocurrencies on site. Russian Scientists Mining Crypto in Nuclear Lab Reported by the Russian Authorities, several engineers have been arrested who worked at a top-secret nuclear weapon facility, the All Russian Research Institute of Experimental
A new botnet, Smominru that is focused on mining Monero cryptocurrency entrapped more than over 500,000 Windows machines all over the world. By hitting the majority of government and corporate servers, it gives a resemblance to the WannaCry attack last year that hit more than 400,000 machines worldwide. Monero Mining Software hits 500,000 Machines With
A new botnet, Smominru that is focused on mining Monero cryptocurrency entrapped more than over 500,000 Windows machines all over the world. By hitting the majority of government and corporate servers, it gives a resemblance to the WannaCry attack last year that hit more than 400,000 machines worldwide. Monero Mining Software hits 500,000 Machines With
The raging prices of cryptocurrencies have led to an increase in demand for GPU mining equipments thus leading to shortage of supply for PC gaming users. The subsequent rise in prices of GPU equipment is directly affecting 1.22 billion PC gamers around the globe. Bitcoin & other cryptocurrencies driving graphic cards’ prices up Recently, there
The raging prices of cryptocurrencies have led to an increase in demand for GPU mining equipments thus leading to shortage of supply for PC gaming users. The subsequent rise in prices of GPU equipment is directly affecting 1.22 billion PC gamers around the globe. Bitcoin & other cryptocurrencies driving graphic cards’ prices up Recently, there
Kodak, a photography company launched its own cryptocurrency KodakCoin. This desperate step came in view of photography industry giant’s measures to enter the flourishing crypto industry. This decision skyrocketed the Kodak share price 3 folds. Kodak’s Crypto Moment Kodak’s unprecedented move into the cryptocurrency mining is to revive its decade-old image. In the world’s largest technology
Kodak, a photography company launched its own cryptocurrency KodakCoin. This desperate step came in view of photography industry giant’s measures to enter the flourishing crypto industry. This decision skyrocketed the Kodak share price 3 folds. Kodak’s Crypto Moment Kodak’s unprecedented move into the cryptocurrency mining is to revive its decade-old image. In the world’s largest technology
