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Virginia Beach, Virginia isn’t exactly known as a hotbed of bitcoin mining activity, but that appears to be changing, and soon. A local company has sunk 65 million USD into a giant facility, as the resort town attempts to become a hub for data centers. Also read: Have Lunch with Bitcoin Jesus in Paradise 65 Million […]
The post New US $65 Million Bitcoin Mining Facility is Among Largest Data Centers in North America appeared first on Bitcoin News.
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China has dominated the bitcoin mining industry for a couple of years, but fears of a government clampdown are signaling now might be the best time to enter the market elsewhere in the world. And someone just made a big bet that Russia, with its cold weather and plentiful fossil fuel energy sources, is the […]
The post Businessman Outright Buys Two Electric Power Stations to Do Bitcoin Mining in Russia appeared first on Bitcoin News.
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A Russian businessman intends to refurbish two power stations into cryptocurrency mining operations in the future. #MINING
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With 80% of all BTC now mined, the difficulty and cost of mining will go up #NEWS
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A Canadian entrepreneur has sought to recycle the heat generated through bitcoin mining by growing plants and fish suited to the temperatures produced by cryptocurrency mining rigs by utilizing an aquaponic system. Also Read: Bitcoin Pushes Canada Toward State Crypto Coin Canadian Entrepreneur Recycles Heat From Cryptocurrency Mining to Grow Food Bruce Hardy, a Manitoba-based entrepreneur, […]
The post Canadian Entrepreneur Seeks to Recycle Heat Generated by Cryptocurrency Mining appeared first on Bitcoin News.
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Members of the Indian crypto community have received offers to set up mining facilities after reports of potentially negative developments for miners in China. According to local media, businesses are already exploring such opportunities as India has some of the lowest electricity rates. Upcoming regulation, however, may put some hurdles on the track. Also read: […]
The post Mining Operations Offered to India After Mixed Signals from Beijing appeared first on Bitcoin News.
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The bitcoin mining industry in China appears to be expanding to favorable locations around the world right now. Quebec is one such location where the Chinese have taken refuge, and many more might be on the way. Also Read: Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland Cold Power Just a couple of […]
The post Big Chinese Bitcoin Miners Are Turning to Canada appeared first on Bitcoin News.
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A small Washington county is overloaded by crypto mining, plans to build more data centers to match the high demand #NEWS
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For centuries Switzerland was known around the world for its tradition of banking secrecy, but now a new financial industry is taking root in the country. Local leaders tried to establish a cryptocurrency hub, and their latest catch is Chinese bitcoin mining giant Bitmain, which expanded to a new location in the picturesque Swiss canton […]
The post Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland appeared first on Bitcoin News.
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Companies all over the world are suddenly looking to get involved with blockchain and cryptocurrency. This is an unexpected yet rather worrisome trend to contend with. When giants such as Kodak are suddenly planning to organize an ICO for their own cryptocurrency and set up a mining operation, you know the bubble is very real. Whether any of these ventures will be even remotely successful in the long run remains to be determined. The company’s goals are very ambitious, to say the very least. What is Kodak up to These Days? It seems a lifetime ago that people last heard anything significantPowered by WPeMatico