Tag: crypto mining

Jan 26 2021

Bitcoin Is Going to Replace Fiat Currency | Here’s How It Will Be Possible

For quite a long time period it was a common practice among some investors considered to invest some of their holdings in gold or other valuable commodities. It is right to some extent as gold is a good option to save your portfolios from inflation and stock market drops. And what is an interesting thing to notice is that the same idea is...

Jan 09 2021

Is Bitcoin Mining Illegal?

Jan 09 2021 Published at CryptoTicker under tags  crypto crypto mining

Bitcoin mining has now developed into a lucrative business globally. Provided you live in a country with acceptable electricity costs or you can somehow generate the energy yourself cheaply. Most of Bitcoin mining is done in China because electricity costs and infrastructure are cheap there. Due to the waste of energy in Bitcoin, there are repeated discussions about the usefulness of mining. China...

Jan 07 2021

Hut 8 Invests 1000 Bitcoins with Genesis to Earn 4% Interest

The program permits Hut 8 to redeem their borrowed coins without a long term commitment.

Jan 05 2021

Former Canaan Directors to Guide Chinese Gaming Firm’s Pivot to Crypto Mining

Jan 05 2021 Published at CoinDesk under tags  business canaan china coinflash crypto mining

Former directors of Canaan Inc. are investing in the Shanghai firm and will help launch its new mining subsidiary.

Dec 07 2020

ViaBTC Brings Back Its Profitable Crypto Cloud Mining Services Ahead Of Peak Opportunity

All markets are cyclical, and the cryptocurrency markets are no different. At the height of the crypto bubble in 2017, everyone wanted to get into Bitcoin. People scrambled to buy the asset and altcoins on exchanges like CoinEx, while others took the...

Dec 01 2020

Hackers Using Monero Mining Malware as Decoy, Warns Microsoft

Dec 01 2020 Published at CoinDesk under tags  crypto mining microsoft monero news tech

Crypto-jacking is giving nation-state hackers a decoy for their more malicious attacks, Microsoft cautioned in a report.

HIVE Blockchain Reports $13 Million Digital Currency Mining Revenue in Q2

The company reported strong financial results as the gross mining margin increased to $9.2 million.

Nov 30 2020

Nov 25 2020

Here’s The Modern Solution For Energy And Cost Efficient Crypto Mining

Nov 25 2020 Published at Bitcoinist.com under tags  cryptocurrency crypto mining industry

Bitcoin has brought attention back to the crypto space but has now become so expensive and its network so overly congested with participants that mining it is no longer as lucrative as it used to be. Only the largest companies with access to cheap energy prices can find success mining BTC. But that doesn’t make cryptocurrency mining entirely unprofitable. In fact, a new...

Nov 04 2020

Bitcoin Mining Difficulty Drops by Over 16%

Bitcoin mining difficulty recently experienced its second-largest percentage drop in its 12-year history. The crypto mining difficulty dropped by about 16% on November 3, 2020. Popular blockchain analytics firm Glassnode estimated Bitcoin mining difficulty to be at about 16.78 trillion. That is approximately a -16%...

Sep 17 2020

Improving the Cryptocurrency Mining Space One Innovation at a Time

Aberdeen, Hong Kong, Hong Kong, September 10, 2020. – The act of mining cryptocurrencies is about 12 years now. The first cryptocurrency, Bitcoin, was mined for the first time in January 2009. Back then, the process was democratic. The person or group of people that wrote the Bitcoin code (Satoshi Nakamoto) envisioned a process that […] The post...

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