Long Blockchain, formerly Long Island Iced Tea, has issued 1.6 mln shares to raise money to buy Bitcoin mining rigs. #NEWS
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Crypto Euphoria As Lemonade Making Company Buying Bitcoin Miners
Category: mining
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Canadians Harness Wind to Mine Bitcoin – in Romania
Canadian investors have decided to put money and effort into a wind-powered crypto mining undertaking in Romania. To make it happen, they have finalized a deal to acquire a wind farm capable of producing enough energy to light the bulbs in over 30,000 homes. Driven by enthusiasm about the project, they have even added “Blockchain […]
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Japanese Entertainment Giant DMM Launches Specialty Crypto Mining Lab
Japanese e-commerce and internet conglomerate DMM Group is creating a specialty lab for cryptocurrency mining. The company has also unveiled additional plans for its mining operations. Also read: Russian Cryptocurrency Bill Is Ready – Regulators Share Details DMM Launching Mining Lab DMM Group, the operator of popular e-commerce site DMM.com with 27 million members, announced on […]
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Venezuela Seeks Miners for the Petro – Maduro Claims 860,811 Already Signed Up
Venezuela is looking for miners for the country’s national cryptocurrency, the Petro. The government has opened up a registry for miners to sign up to mine and gain access to the new currency. According to Venezuela’s president Nicolás Maduro, 860,811 young people have already registered to create the Petro mining farms. Also read: Venezuela Unveils Mining, […]
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Hooters Investor Joins the Crypto Hype: “Eating a Burger Is Now a Way to Mine!”
Companies routinely roll out new loyalty programs with much fanfare but arouse little to no excitement from investors, at least until they can show some returns. Now one Hooters franchisee has shown how to change this: just use these magic words: bitcoin, crypto and blockchain. Also Read: Public Firm Faces Class Action Lawsuit for Falsely […]
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Bitcoin Mining ICO Giga Watt is Being Sued for Securities Fraud
Another month, another ICO lawsuit. This time it’s Giga Watt in the firing line, a startup whose aim is to launch a cryptocurrency mining facility. The company describes itself as “the world’s first full-service mining solution provider” and promises “turnkey mining services”. A group of investors are not impressed though, and have filed a lawsuit […]
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Cryptocurrency Mining Soars in Vietnam – Over 7000 Rigs Imported
The Ho Chi Minh City Customs Department has revealed the number of known mining rigs imported into Vietnam in 2017. Over 7,000 rigs were brought into the country, mostly from China, with over 5,000 entering since November. While Vietnam is clamping down on the use of bitcoin as a means of payment, mining rigs are […]
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Chinese Central Bank Hosts Closed-Door Meeting on Electricity Usage of Bitcoin Miners
The People’s Bank of China (PBOC) today had a closed-door meeting on the use of electricity for bitcoin mining. The legitimacy of the news has been confirmed by Tencent Finance. Also Read: Peter Thiel, Bitcoin Astronaut, Moves Markets with Crypto Moonshot The PBOC Investigates the Power Usage of Bitcoin Mining Tencent Finance said that China’s central bank recently […]
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Bitcoin Cash Used to Pay for Music Records, Gift Cards, Plastic Surgery
With BTC transactions taking forever to complete and fees higher than ever, the adoption of bitcoin cash by small businesses and big miners is going strong. The latest examples of this include paying for everything from plastic surgery to music records. Also Read: After Ripple’s Rise BTC Dominance Falls Below 40% Genesis Mining Cloud-based […]
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Public Firm Faces Class Action Lawsuit for Falsely Claiming Link to Bitcoin
An application for a class action lawsuit against Apollo Power (TASE: APLP) has been submitted to the Tel Aviv District Court. The solar energy technology company is accused of misleading investors by making a false report. The matter at hand is how its share price jumped by 150% on December 18 after Apollo announced it […]
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