Wednesday, March 20, 2019
The U.S. Federal Communications Commission (FCC) has demanded that a New York City resident turn off his bitcoin mining hardware after it was discovered that his Antminer S5 was interfering with a broadband network operated by T-Mobile. According to the FCC, the mining rig was “generating spurious emissions” and...
The premier of the Canadian province of Quebec, Philippe Couillard, has temporarily halted the approval of new mining operations partnering with the province’s state-owned power company, Hydro-Quebec. Also Read: Dutch Court Rules That Bitcoin Has “Properties of Wealth”  Hydro-Quebec Halts Approval of New Mining Operations From Offshore Applicants The company states that “Although...
On March 24, the mining operation Slush Pool announced it had mined a block using the controversial ASIC Boost protocol and did so using a Halong Miner. The news follows the pool revealing it was compatible with ASIC Boost which sparked up a heated debate just recently. Also read: What is...
Bitmain has found itself in a war with words with the monero community over the release of its latest cryptocurrency miner, the Cryptonight-capable X3. The unit is being offered at a discounted rate to existing customers, but critics claim this is because the miners will soon be ineffective at...
Canada appears poised to become a new global hub for bitcoin miners. Already known to be attracting Chinese miners diversifying away from their home market with its cheap hydro-power electricity and cold climate, the country’s latest draw is easy access to capital. Firms such as Hut 8 are set...
The future for manufacturers of bitcoin mining hardware in China appears bright despite reports that the Chinese central government will seek to rein in the power consumption of mining companies operating within its borders. Hong Kong-based media outlet, South China Morning Post, has reported that there is considerable international...
The invention of cryptocurrency is a revolution in modern finance but it has far reaching implications in many other fields as well. For example, a new initiative by UNICEF harnesses the power of mining to create a new form of philanthropy. Also Read: Senate of Nigeria Launches Probe of Bitcoin...
Watch out Canada! New York wants a piece of the bitcoin mining market, securing for its residents revenues and jobs that come along with the electricity intensive process. Bitcoin mining might even help revive local economies that once relied on polluting industries.  Also Read: Senate of Nigeria Launches Probe...
Japanese technology conglomerate GMO Internet is about to launch a new cloud offering for mining BTC and BCH. If you have at least $5 million that you want to invest in such a venture, and don’t want the hassle of opening your own mining farm, applications start next month. Also...
Bitcoin and cryptocurrency mining has become a growing industry, and mining operations continue to compete by making faster chips and purchasing large quantities of land to host data facilities all over the world. Data recorded from around the globe shows the mining economy is booming and the venture has...