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Establishing a “national mining pool” has been declared a priority in Uzbekistan. Miners who join the pool will enjoy lower electricity rates, announced the country’s agency overseeing the crypto industry. The Central Asian nation is also preparing to launch a licensed cryptocurrency exchange, where miners will be able to sell the coins they have minted. … Read more
Cryptocurrency mining develops rapidly like any high tech sector. Improvements in the hardware and auxiliary systems make it possible to design mining rigs that are more compact and silent than they used to be, while also profitable to run. Zigmabit is a manufacturer that assembles units suitable for mining not only in industrial-scale datacenters but … Read more
During the first month of the new year, the research firm Tokeninsight published its “Mining Industry Annual Research Report,” which covers the competitive bitcoin mining sector. Tokeninsight’s study highlights the fact that BTC’s hashrate increased by 80% in 2019, even though BTC’s year-over-year average price dipped by 1.9%. Tokeninsight’s report also notes that more than … Read more
On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U.S. shares. Canaan shares initially sold for $8.99, but plummeted over 48% on December 16 to $4.65 per share. Since then, Canaan has launched a series of five new mining rig batches that … Read more
Operator of an allegedly fake crypto mine faces criminal charges from the SEC for fraudulent securities offerings worth $3.5 million Go to Source Powered by WPeMatico
Hotmine, a company based in Ukraine which engineers home appliances for crypto enthusiasts, is not new to mining equipment development. But sometimes it takes the right time and the right technology to be able to create and offer solutions that consumers would be willing to buy and use. Thanks to tech progress and proper market … Read more
The crypto space would not be the same with the invention of quantum computing in the tech industry Go to Source Powered by WPeMatico
DMG Blockchain Solutions has set up 1,000 new Bitcoin mining rigs at its British Columbia facility for an unnamed U.S. client Go to Source Powered by WPeMatico
Interpol finds success in removing cryptojacking malware from MikroTik routers that brought tens of thousands of dollars in revenue Go to Source Powered by WPeMatico
Computer giant Lenovo will operate a signing node on GoChain’s blockchain, using eco-friendly methods Go to Source Powered by WPeMatico