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    US Senators Raise Crypto Mining Concerns, Propose Government Blockchains

    Members of the U.S. Senate Committee on Energy and Natural Resources asked about the cost of cryptocurrency mining and the opportunities for blockchain in the public sector on Wednesday. Like other crypto-related hearings on Capitol Hill, the hearing – which featured a range of public and private-sector speakers – served in part as an informational […]

    As The World Looks Forward To Cheaper Means Of Electricity For Mining, Renewable Energy Seems To Be The Solution

    The cryptocurrency community has seen extensive growth since its innovation in 2009. Even though it is still in the formative stage, as it is faced with the problem of volatile market and hacking alike, its mining had also constitute issues to the society. Cryptocurrency mining consumes a lot of energy, especially, the Bitcoin and Ethereum […]

    Russia Reports 15% Increase in Number of Crypto Mining Companies

    The Russian crypto sector is expanding. The number of businesses operating mining facilities has increased this year, more Russians own cryptocurrency. Data confirming these trends has been presented by the country’s crypto and blockchain association, which also warned that delayed embrace of digital financial technology costs Russia a trillion rubles each year. 75,000 Businesses Mine […]

    Electroneum BREAKING NEWS! Software Update Back to Cryptonight and ASIC Friendly

    Electroneum has officially announced that they will update software at the height of block 324500 and they will ASIC friendly to welcome more ASIC miners to join in. More details here:   Source: https://www.facebook.com/electroneum/posts/2030562537205714   Hi Everyone! ALL ELECTRONEUM NODE OWNERS MUST UPDATE THEIR SOFTWARE BY BLOCK 324500 (approx. 36 hours from now – this […]

    Nvidia Faces Inventory Issues with Reduced Crypto Mining Demand

    After a meteoric rise in 2017, the cryptocurrency market is suffering from a massive slow down this year. This has not only affected the crypto investors but made a massive impact on other industries as well. One such industry is the GPU manufacturing industry which saw a massive rise in demand last year. At Computex […]

    Jihan Wu of Bitmain: I’m Not A Shrewd Businessman

    Jihan Wu, co-founder of the dominant crypto miner manufacturer Bitmain, said in a recent interview with tech entrepreneur Wang Feng, 2017 is a year with good harvest for the company accompanied by the fast growth of the broader crypto industry, and it is branching out into area including artificial intelligence. Bitmain’s revenue in 2017 is more than […]

    Russian Court and Customs Prevent Import of Crypto Mining Equipment

    A Russian cryptocurrency miner got into trouble with the customs office when trying to import mining equipment purchased online for personal use. After an appeal, the court sided with the customs office and barred the import of the mining equipment. Importing Crypto Mining Equipment The Russian city court in Tobolsk has “banned the import of […]

    Indian Ponzi Scheme-Funded Cryptocurrency Mine Raided by Police

    Indian police have raided a cryptocurrency mining operation whose establishment was funded by a nearly $15 million USD ponzi scheme. Police seized hundreds of mining cards. Ponzi-Financed Ethereum Mine Raided in India Delhi Police’s Cyber Cell has conducted a raid on a cryptocurrency mining operation held in a 4,000 square foot complex in Dehradun. The […]

    Cryptocurrency Miners Flocking to Nordic Countries

    In a recent cryptocurrency trend, miners have been trying to find ways to maintain profitable mining operations. One such method is to move their operations to countries with lower electricity costs, such as Norway and Sweden.  Mining is the essential action required for blockchains to stay secure and decentralized. As a miner, you need computing power […]

    ASIC Resistance Increasingly Hot Topic in Crypto as Monero Forks

    Monero, a leading privacy-centric cryptocurrency, has undergone a hard fork in recent days – producing a new Monero chain in addition to the now renamed ‘Monero Classic’. The fork was initiated to protect Monero against mining centralization, as Bitmain had developed ASIC units purpose-built for mining XMR tokens. Monero Announces Network Upgrade On the 28th […]