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In recent mining news, AMD has reported declining sales of mining hardware during the second quarter of 2018, Hut 8 has claimed to now comprise the largest bitcoin mining company in Canada by operating power following the construction of its second facility, and Chinese authorities have shut down what they have described as “illegal” mining […]
The post Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada appeared first on Bitcoin News.
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Over the past year, cryptocurrencies like bitcoin have gained in value and some people have ‘cashed out’ their digital assets in order to purchase cars or a new home. However, some people who have sold cryptocurrencies in the past may have a hard time getting a home loan even though they have the funds to […]
The post Lenders May Deny Your Mortgage Application if You Sold Bitcoin in the Past appeared first on Bitcoin News.
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Graphics card manufacturer Nvidia has announced its revenues for the first quarter, mentioning separately the amount generated from sales to the crypto market. The total includes $289 million related to GPUs for cryptocurrency mining, according to a corporate report. Demand from crypto miners was stronger than expected, the company noted. Also read: New Player […]
The post Nvidia Reports $289 Million Revenue from the Crypto Sector in Q1 appeared first on Bitcoin News.
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Japanese exchange Coincheck has announced partial resumption of operations with Monero. Its clients will be able to withdraw and sell XMR, but purchases are still unavailable. All previous requests for transactions have been canceled and users will have to initiate new transfers. They will be required to confirm the destination address, and state the purpose […]
The post Coincheck Resumes Monero Withdrawals and Sales appeared first on Bitcoin News.
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The world’s largest independent semiconductor manufacturer, Taiwan Semiconductor Manufacturing Company (TSMC) has reported record sales during March 2018. TSMC’s president has attributed the company’s performance in part to demand for the hardware required to mine cryptocurrencies. Also Read: Bitcoin Cash Smashes Through $1,000 USD World’s Largest Semiconductor Manufacturer Reports Record Sales During a recent shareholder conference […]
The post Taiwan Mining Chip Manufacturer Sees Record Sales Amid BTC Bounce appeared first on Bitcoin News.
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Venezuelans will be able to buy houses and other property with their new national cryptocurrency. Real estate deals in petro will be authorized in April, President Maduro announced. The government will also finance the construction of 230,000 new homes using funds from the pre-sale of the oil-backed crypto. Also read: Rubles Can Buy You […]
The post Venezuelans to Buy Homes and Property with State Cryptocurrency appeared first on Bitcoin News.
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BlokForge, one the nation’s largest suppliers of cryptocurrency mining hardware, is announcing the grand opening of its 2,000 sq. ft. retail location in Mesa, Arizona. The new store will carry over 20 product SKU’s from the largest brands in the world such as Canaan Creative.
The U.S.-based retail location represents a physical presence and is the first to do so stateside. BlokForge will be offering sales, repair, and consulting, along with classes by the end of the year.
The post PR: Bitcoin Miner Distributor BlokForge Opens US Retail Location appeared first on Bitcoin News.
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The price of BTC had increased in value significantly over the years, reaching $19,600 at its highest peak – and the exchange rate rests at $8,500 today. This is a stark contrast to just over a year ago when the digital currency’s value was under $1,000 per coin. Since the fiat value has increased so […]
The post Some of Bitcoin’s Earliest Adopters Find it Difficult to ‘Cash Out’ appeared first on Bitcoin News.
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Thai regulators have reportedly agreed to enact two separate laws on cryptocurrencies and initial coin offerings. They will regulate crypto businesses, the purchase and sale of cryptocurrencies, as well as their taxation. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Two Laws Being Drafted The Thai Minister of Finance, Mr. Apisak Tantivorawong, said […]
The post Thailand to Pass Two New Cryptocurrency Laws appeared first on Bitcoin News.
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The Venezuelan government has made some new claims about the pre-sale of the country’s oil-backed cryptocurrency, the petro. After one week, President Nicolas Maduro said that the petro had raised $3 billion from 171,015 certified purchases, from investors in 127 countries. The majority of the orders were in dollars, followed by bitcoin and ether, according […]
The post Venezuela Claims Petro Cryptocurrency Has Raised $3bn from Investors in 127 Countries appeared first on Bitcoin News.
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