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Utilizing stranded gas to power bitcoin mining rigs at oil and gas wells is a promising business opportunity. It is profitable for all participating parties and beneficial for the environment. Not without challenges, this young industry is growing in energy-rich North America. Several companies are working to expand the niche and U.S.-based EZ Blockchain shared […]
The post Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin appeared first on Bitcoin News.
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Russian-born entrepreneur Pavel Durov is liquidating Telegram Messenger LLP, the Britain-based company behind the popular messaging service Telegram. The same entity is registered as the messenger’s operator in the Russian Federation, where Telegram is currently banned. Also read: 5 Crypto Exchanges Have Been Licensed in Gibraltar Since Regulation Application for Voluntary Strike Off Filed in […]
The post Pavel Durov Closes UK-Based Company Telegram Messenger LLP appeared first on Bitcoin News.
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Azultec is a company that has been researching current mining solutions as part of its project to create an efficient alternative with high computing power and low energy consumption. Its Cube devices are silent mining rigs that can be installed in living rooms. The miners can also use renewable energy and are designed to reuse […]
The post German Startup Devises Eco-Friendly Energy-Efficient Miners appeared first on Bitcoin News.
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During a recent Q3 earnings call, the world’s largest producer of semiconductors, Taiwan Semiconductor Manufacturing Company (TSMC), forecasted weakening growth for the rest of 2018 due to declining demand for cryptocurrency mining hardware. This outlook comes despite anticipating a significant increase in demand for its 7-nanometer processing chips from the high-end smartphone industry. Also Read: […]
The post Weak Demand for Mining Hardware Impacts TSMC’s Growth Outlook appeared first on Bitcoin News.
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The largest crypto exchange in Japan, Bitflyer, has announced a major organizational overhaul. A new representative director has been appointed to oversee the exchange’s day-to-day operations. Meanwhile, hacked crypto exchange Zaif has stopped accepting new customers as regulators ramp up oversight of exchange operators. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals […]
The post Japan Roundup: Bitflyer Restructures, Zaif Suspends New Member Registrations appeared first on Bitcoin News.
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Doing business, relying on your own abilities and talents to make a living, shouldn’t be so hard to start. But unlike the times when almost everyone was a farmer, a craftsman, a merchant, basically a businessman, in today’s realities overreaching state regulations, initial capital needs, unhealthy competition from the bigwigs in an industry, often present […]
The post Start a Business – Do Not Ask for Permission, Skip the Bank Account appeared first on Bitcoin News.
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Kryptovault, a Norwegian company specializing in “large-scale cryptocurrency mining and data center operations,” has recently received a bomb threat amid escalating noise complaints pertaining to its virtual currency mining. Also Read: Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners Norwegian Cloud Mining Company Receives Bomb Threat Norwegian mining and data center company, Kryptovault, has reportedly […]
The post Norwegian Mining Company Receives Bomb Threat in Escalating Noise Complaint appeared first on Bitcoin News.
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In recent mining news, AMD has reported declining sales of mining hardware during the second quarter of 2018, Hut 8 has claimed to now comprise the largest bitcoin mining company in Canada by operating power following the construction of its second facility, and Chinese authorities have shut down what they have described as “illegal” mining […]
The post Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada appeared first on Bitcoin News.
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With demand for cryptocurrency mining hardware having sharply declined following the onslaught of 2018’s bear market, reports are indicating the companies operating in the supply chain behind mining hardware are increasingly seeking alternative revenue streams to offset falling demand from the mining industry. Also Read: SEC Executive: ‘Cryptocurrencies with Decentralized Structures Not Securities’ Cryptocurrency Bubble Pops […]
The post Mining Hardware Supply Chain Seeks Alternative Revenue Streams Amid Declining Demand appeared first on Bitcoin News.
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There has been a fair amount of confusion regarding the future of Waves as a company. With the company’s listing in the UK register on the verge of being scrapped, people were worried the project was about to disappear. Thankfully, that will not be the case, as Waves Platform AG is still a registered entity in Switzerland. The Future of Waves Looks Fine Earlier this week, there was some confusion and speculation regarding the Waves company. While most people know it as a blockchain project, it has a parent company registered in the United Kingdom. However, that particular company is about toPowered by WPeMatico