Why Canada has Emerged as a Leading Blockchain and Crypto Nation: Expert Take
Innovation + low energy costs + high internet speed + friendly regulation. That’s Canada! #EXPERT_TAKE Go to Source Powered by WPeMatico
mining
Auto Added by WPeMatico
20MW Solar Farm Set to Power Crypto Mining in Rural Australia
Reports have indicated that planning approval has been granted for a 20-megawatt solar farm that will be used to power cryptocurrency mining and a data center in Collie, Western Australia. Also Read: Bitcoin’s Near Term Fortunes: “Inflows of Big Money,” New Indices Emerge 20MW Solar Farm to Power Cryptocurrency Mining in Western Australia The application for … Read more
Chinese Household in Trouble for Chasing a Lost Cause – Mining Bitcoin with Phones
A Chinese household has been stealing electricity to mine bitcoin using 50 mobile phones and 15 improvised mining rigs. The home workshop has consumed almost 33,000 kWh of unbilled electricity. That should be enough for a couple of bitcoins, but using a smartphone for the job is not really an option. Also read: 80% … Read more
US State Shuts Down Cryptocurrency Mining Company
A U.S. state has issued a cease and desist order to a company purportedly engaged in cryptocurrency mining. This order follows a temporary cease and desist order to the company two months ago which it did not respond to. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Cease and Desist Order The U.S. State … Read more
80% of the 21 Million Bitcoins Have Been Mined Into Existence
This week cryptocurrency miners had processed the 17 million coins across both Bitcoin (BCH) and Bitcoin Core (BTC) networks, marking a great milestone within the history of blockchain technology. Now there are only 4Mn BCH and BTC left to mine but it’s still a very long time away until the very last coins are mined. … Read more
Cryptocurrency Mining Accounted for 10% of AMD’s Overall Revenue in Q1 2018
The cryptocurrency mining industry is spread all over the world and includes everyone from small miners with a few GPUs at home to vast datacenters with both ASICs and racks of endless GPUs. As such, one of the best ways to get an overall view of the market is via the chip suppliers. And the … Read more
AMD CEO: Blockchain Is Important But “A Bit Of Distraction”
AMD CEO Lisa Su has claimed that Blockchain is not the key focus of the company’s growth strategy at the moment, calling the technology “a bit of a distraction.” #NEWS Go to Source Powered by WPeMatico
Georgia Has Become Eurasia’s Cryptocurrency Mining Epicenter
Typically when people think of bitcoin mining operations they look to countries like Iceland and mainland China. However, most people do not know that the small country of Georgia, a region of Eurasia, is ranked the second most profitable area in the world for cryptocurrency mining just below China. Also read: Russian Regulators Draft Law to … Read more
Philippine Gov’t To Allow Country’s First Crypto Businesses In Special Economic Zone
Philippines’ Cagayan Economic Zone will be open to 10 crypto-related firms to generate employment in exchange for tax breaks. #NEWS Go to Source Powered by WPeMatico
Bitcoin Miners Unaffected by Price Decline — Hashrates Spiked Exponentially
Despite the multitude of headlines declaring that bitcoin mining was becoming unprofitable over the last four months, the hashrate between both Bitcoin Core (BTC) and Bitcoin Cash (BCH) networks has exploded. At the moment both SHA-256 proof-of-work (POW) powered protocols have been maintaining more than 35 exahash per second, becoming one of the most powerful … Read more