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Bitmain Founder Jihan Wu: A Most Important Man in Crypto

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He’s not flashy. He doesn’t post photographs of himself aboard yachts, arm-in-arm with scantily-clad groupies. A safe bet would be to assume he doesn’t own a sharkskin suit. Instead, his preference seems to be in the background, slightly obscured, faded almost. And yet he is arguably the most important man in cryptocurrency right now, and … Read more

Researcher: Stop Worrying About Bitcoin’s Environmental Impact

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A common mainstream media trope is that Bitcoin mining will soon use so much electrical power it could lead to an environmental catastrophe. We’ve often provided examples of how this is a false narrative, and now an independent energy researcher is saying the same. She points to miners migrating to locations with abundant renewable energy … Read more

Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token Fund

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Three Japanese public companies have individually made announcements regarding their cryptocurrency operations. Forside has grown its mining operation with a plan to sell 7nm bitcoin mining rigs. Farsteps is planning a Singapore exchange launch. Meanwhile, Line Corp, the operator of Japan’s most popular chat app, has added crypto price quotes to its Clova AI assistant … Read more

Second Hand Rigs Are Dumped as the Solo Mining Dream Dies

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In the summer of 2017, rising cryptocurrency prices led to a run on high performance graphics cards. Coveted cards with a high hashrate were snapped up like proverbial hot cakes, leaving gamers, scientific researchers, and anyone else who relied on flagship GPUs priced out as the cryptocurrency frenzy escalated. One year on, and those same … Read more

SHA-256 Mining Hashrate Climbs Significantly in One Year

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Over the last year, SHA-256 mining, the process that’s used to find blocks on both the Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks, alongside a slew of other cryptocurrencies, has grown exponentially. Digital asset trading markets have been in a slump over the last eight months of 2018, but the bearish sentiment has not … Read more

Norwegian Mining Company Receives Bomb Threat in Escalating Noise Complaint

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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 … Read more

Mining Round-Up: Nvidia Shares Drop, College Students Mine on Campus

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In recent news pertaining to cryptocurrency mining, Nvidia has witnessed a drop in its share price after announcing an unexpectedly modest earnings outlook – partly driven by reduced demand for mining hardware. Also, the World Digital Mining Summit has been scheduled for late September in Tbilisi, Georgia, and reports continue to surface detailing opportunistic students … Read more