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A major utility in the U.S. state of Washington, Grant County public utility district, and its commissioners are facing a lawsuit filed by nine cryptocurrency firms. The suit alleges that they “acted inappropriately in creating and approving a new rate that raises electricity costs” for cryptocurrency miners. Also read: Indian Supreme Court Moves Crypto Hearing, Community … Read more
Bitmain, a China-based leading mining and mining ASIC hardware producer, has reportedly suspended its mining operations in Rockdale Go to Source Powered by WPeMatico
The bear market has not been easy on Bitmain. The world’s largest mining company is reportedly changing CEOs and laying off staff, while its IPO plans become less realistic Go to Source Powered by WPeMatico
In central Washington, local officials of United States’ Douglas County want to build a blockchain innovation campus Go to Source Powered by WPeMatico
A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to Mongolia, a country sandwiched between China to the south and Russia to the north. Amid falling mining revenues in other regions of the world due to the current crypto bear market, companies that have set … Read more
Over the last year, cryptocurrencies have lost a lot of value yet bitcoin miners continue to process transactions and earn block rewards. A bunch of new mining rigs were announced in 2018 that packed some serious hashrate. As the new year begins, some of the top devices that process between 28-76 trillion hashes per second … Read more
Bitmain’s Co-CEOs Jihan Wu and Micree Zhan Ketuan are transitioning out of their roles, sources report Go to Source Powered by WPeMatico
Major mining conglomerates in the crypto sector recorded large losses in 2018, struggling to deal with market conditions. Can they recover this year? Go to Source Powered by WPeMatico
On Monday, Coinmetrics.io published a study looking at hashrate history of the most competitive BTC mining pools. The research from the open source cryptocurrency analytics site reveals interesting insights into how the mining ecosystem has evolved over time. Also read: Connecticut Software Engineering School Receives $10,000 BTC Donation ‘Major Mining Pools Are Fallible’ Cryptocurrency mining is a … Read more
Coinbase increases the amount involved in the previously detected massive blockchain reorganization and double spends in the Ethereum Classic network to over $1.1 million Go to Source Powered by WPeMatico
