Tag: crypto mining

Jul 24 2021

Canadian Border Town Suspends Crypto Mining To Ensure Town Looks Presentable

Massena, a small town in New York near the Canadian border, has temporarily halted new crypto mining operations in the area. Crypto Mining Suspended For Aesthetic Reasons Due to aesthetic concerns, Massena town officials imposed a 90-day moratorium on new Bitcoin mining activity, according to a report by the...

Jul 13 2021

Bitcoin Mining Industry Shows Signs of Recovery

The overall hash rate has recovered substantially during the last week.

Jul 12 2021

Ukrainian Authorities Seize 5,000 PCs from a Massive Illegal Crypto Farm

SBU officers launched a criminal investigation to file charges on the theft of water and electricity.

Ukraine shuts down largest illegal crypto mining farm

After the Chernihiv Oblast, Ukraine has closed another illegal cryptocurrency mining farm in the city of Vinnytsia near Kyiv. The underground mining facility is said to be the largest in the country wherein 5000 computers, 50 processors, 500 graphic cards and 3800 PS 4 consoles were being used. The Ukrainian Security Service estimates that as much The post Ukraine shuts down largest illegal...

Jul 07 2021

Argo Blockchain, A Cryptocurrency Mining Firm Awaits Secondary Listing On Nasdaq

Agro Blockchain that concentrates on cryptocurrency mining is desiring a secondary listing on Nasdaq. The crypto-mining company was already the first to appear on the London Stoch Exchange listings. Related Reading | Bitcoin Water Trust Raises $1.4 Million, And Counting While...

Iran’s illegal Crypto Mining Problem Intensifies, Country Sees Widespread Protest

Iran’s power outage protests have gone rogue amid a severe heatwave in the nation. The capital, Tehran, and several other cities in the north of Iran face disrupted routine and shortage of necessities during the historic power cut throughout the nation. Pressurized authorities have blamed illegal Cryptocurrency mining farms, for using the remaining energy to The post Iran's illegal Crypto Mining Problem Intensifies,...

Jun 28 2021

Iran Issues 30 Licenses to Crypto Mining Firms

These firms are exempted from the ongoing crypto mining ban in the country.

Jun 21 2021

Is Cryptocurrency Mining Legal?

With the expansion of cryptocurrencies and mining activities, new investors want to enter the market. Nevertheless, we have heard this question many times from new investors: is cryptocurrency […]

Jun 11 2021

South Korean Energy Company to Audit Companies Suspected of Mining Cryptos

A crackdown was conducted in 2018 on companies who were engaged in the illicit use of energy to mine virtual currencies.

Jun 10 2021

El Salvador Plans Renewable Bitcoin Mining With Volcanoes

Following on from the groundbreaking news that El Salvador has legalized Bitcoin as a currency, the country now plans to mine the asset with renewable energy. On Wednesday, forward-looking El Salvador President Nayib Bukele tweeted his intentions. He has instructed the state-owned geothermal electric company to propose plans for renewable energy Bitcoin mining facilities. The Central American country has a lot of volcanic...

Jun 07 2021

GPU chips in India Selling at 2X, Are Crypto Miners to blame?

The Indian gaming market is suffering from a GPU shortage as newly launched Nvidia GPUs are selling at 2X the original price. For example, Nvidia 3070 GPU is priced at INR 45K but the partner cards are being sold at INR 90k and more. The...

Jun 06 2021

How Long Does It Take to Mine 1 Bitcoin Depending on Your Device?

Jun 06 2021 Published at Coindoo under tags  analysis bitcoin mining crypto mining

As the price of Bitcoin continues to seesaw between bullish and bearish candlestick patterns, those who can’t afford to buy the currency may continue to wonder: How long does it...

Jun 04 2021

Norton 360 to Have a Crypto Wallet and an Ethereum-Mining Feature

The suite of crypto products is expected to become available to all customers in the coming weeks.

Carbon-Neutral Crypto Mining Picks Up Heat As The9 Acquires Montcrypto

The crypto mining industry is all set for a major change and industry players have already started moving towards carbon-neutral crypto mining options. Nasdaq-listed crypto mining company The9 Limited recently acquired Montcrypto to build a 20MW electricity supply for carbon-neutral crypto mining activity in Canada's Calgary. Montcrypto's carbon-neutral infrastructure will facilitate a green electricity supply The post Carbon-Neutral Crypto Mining Picks Up Heat...

May 29 2021

Chinese Inner Mongolia Region Passes Harsh Crypto Mining Rules

Cryptocurrency mining activity in the Inner Mongolia region of China is set to take a beating after the region's government rolled out eight measures to crack down on miners.

May 27 2021

Nic Carter: Elon Musk Shouldn’t Lead Crypto Green Debate

Nic Carter of Castle Island Ventures believes Elon Musk isn't the proper person to lead the "clean Bitcoin" discussion, "at least not in the eyes of the Bitcoin community." Elon Should Sit At The Back “Bitcoiners are still extremely distrustful of Musk, and they see him as conflicted, given that his business includes the sale of offsets,” he told...

China’s Ban: Crypto and Crypto Mining May Be In A New Era

May 27 2021 Published at Bitcoinist.com under tags  bitcoin btc china crypto crypto mining

Last week, a State Council committee led by China's Vice Premier Liu He announced that, for the first time, China is placing an elaborate ban on cryptocurrency mining, a big business in China that accounts for as much as 70% of the world’s crypto supply. According to...

Cryptocurrency Mining in 2021: Ways, Equipment, Most Sought After Currencies

May 27 2021 Published at Coindoo under tags  analysis crypto mining featured sponsored

Today, everyone knows about cryptocurrencies and more and more people are inquiring about cryptocurrency mining. Many are wondering how and where to start, and that is why we decided to write this text and shed some light on the problem. Given that cryptocurrency mining changes from year to year, we will focus on 2021. Cryptocurrency mining simply means that your computer is connected...

May 26 2021

Iran Bans Crypto Mining Until September Amid Blackouts

May 26 2021 Published at Coingape under tags  botcoin mining btcbrl btcbusd btcdai btceur

Iran has put a temporary ban on crypto mining in the country owing to a slew of blackouts in the region that has hampered many business operations. The temporary...

May 24 2021

BIT Mining Limited to Invest in a Cryptocurrency Data Center in Kazakhstan

The Chinese listed firm looks forward to expands its total power capacity amid regulatory uncertainties in the Asian giant.

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