Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge

Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of MergeWhile the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated to Ethereum toward “other GPU mineable coins.” Hive’s Technical Team Researches Other GPU Mineable Coins On September 6, Hive Blockchain Technologies (Nasdaq: HIVE) published the company’s […]

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Bitcoin Mining Firm Luxor Launches ASIC Trading Desk

Bitcoin Mining Firm Luxor Launches ASIC Trading DeskOn January 11, 2022, the Washington-based bitcoin mining operation Luxor announced the launch of a new application-specific integrated circuit (ASIC) trading desk. According to the company, Luxor’s new trading desk will give miners and investors access to bitcoin ASIC mining rigs “at a fair market price.” NYDIG-Backed Mining Operation Luxor Reveals ASIC Trading Desk Service […]

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Bitcoin Mining Operation Genesis Digital Assets Announces New Data Center in West Texas

Bitcoin Mining Operation Genesis Digital Assets Announces New Data Center in West TexasFollowing a number of ASIC mining rig acquisitions from the manufacturer Canaan, the bitcoin mining operation Genesis Digital Assets announced on Monday that the firm is developing an industrial-scale bitcoin mining data center in West Texas. According to the announcement, Genesis says that the new facility will have 300 megawatts of capacity with a “low […]

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Genesis Digital Assets Acquires 20,000 Bitcoin Mining Rigs From Canaan, Company Has Option to Buy 180K More

Genesis Digital Assets Acquires 20,000 Bitcoin Mining Rigs from Canaan, Company Has Option to Buy 180K MoreThe China-based bitcoin ASIC mining machine manufacturer Canaan has announced the company has forged a partnership with Genesis Digital Assets, and the two firms have now signed a deal for a large purchase order. Genesis will buy 20,000 bitcoin miners from Canaan and the mining operation also has the option to purchase an additional 180,000 […]

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IT Specialist Caught Mining Cryptocurrency at Police Headquarters in Poland

IT Specialist Caught Mining Cryptocurrency at Police Headquarters in PolandPolish police have uncovered a secret crypto mining operation at their headquarters in Warsaw, local media reported. An IT specialist accused of minting digital coins on police computers has been dismissed and the case has been handed over to the Prosecutor’s Office. Polish Police Force Fires IT Specialist for Crypto Mining at Work Officers from […]

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Chinese Bitcoin Miners Develop Strong Relationships and Crypto Mining Facilities in Iran

Chinese Bitcoin Miners Develop Strong Relationships and Crypto Mining Facilities in IranDuring the last few months, crypto proponents have focused their attention on Iran. The Iranian President Hassan Rouhani initiated a new mining strategy last May, and the government-licensed 14 bitcoin mining farms in July. According to the Chinese mining operation Lubian, it claims to operate one of these regulated bitcoin mining farms in the oil-rich […]

The post Chinese Bitcoin Miners Develop Strong Relationships and Crypto Mining Facilities in Iran appeared first on Bitcoin News.

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Block Propagation Startup Bloxroute Partners With Mining Operation Rawpool

Block Propagation Startup Bloxroute Partners With Mining Operation RawpoolOn Thursday, Bloxroute Labs announced a partnership with the China-based mining operation Rawpool Group and global video communication software firm Yeecall. Both Rawpool and Yeecall plan to be the first cryptocurrency businesses to adopt Bloxroute’s product, dubbed the Blockchain Distribution Network version one. Also Read: Nick Szabo: Central Banks May Turn to Cryptocurrency Reserves Over Gold […]

The post Block Propagation Startup Bloxroute Partners With Mining Operation Rawpool appeared first on Bitcoin News.

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Calvin Ayre Launching Bitcoin Cash Mining Operations

Calvin Ayre Launching Bitcoin Cash Mining OperationsOnline gambling entrepreneur and billionaire Calvin Ayre has announced his next business venture to be cryptocurrency mining operations. According to Ayre the mining facility will dedicate its hashpower to the bitcoin cash blockchain only. Also read: Miami Bitcoin Conference Stops Accepting Bitcoin Due to Fees and Congestion A Mining Facility Dedicated to Bitcoin Cash Only The […]

The post Calvin Ayre Launching Bitcoin Cash Mining Operations appeared first on Bitcoin News.

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