Tag Archives for " Mining "

Bitcoiners’ Mom Lyn Ulbricht Never Imagined She’d Be in This Situation

Interview Ross Ulbricht was swept up in Silk Road prosecutions, and got the worst of it: double life, no parole. His facts will be finally before the US Supreme Court by the end of this month, as the body determines whether to ultimately hear the case. As part of its growing podcast network, Bitcoin.com has […]

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Ukraine to Legalize Crypto Mining as Economic Activity

Economy & Regulation The government in Kiev has taken concrete steps to legalize cryptocurrency mining. Ukraine’s Minister of Economy has ordered several ministries, agencies, and the National Bank to prepare the documents necessary to include mining in the state register of economic activities. Also read: Ukraine’s Financial Watchdog Clarifies Stance on Cryptos Easing the Pressure […]

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Is GPU-Based Cryptocurrency Mining at Risk of Extinction?

Nick Chong · March 14, 2018 · 4:00 pm The arrival of newly created ASICs and a large decrease in mining profitability has had an impact on the GPU mining market. Nvidia expects the demand for graphics cards to decrease over the course of this year as a result. What could this mean for the […]

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Japanese Miners See Solar Energy as ‘Only Way’ to Stay Profitable

Shaurya Malwa · March 10, 2018 · 3:00 pm Kumamoto-Energy, a local power producer in Japan, has announced that they will use solar energy for mining cryptocurrencies. Japan Looks to Greener Energy Cryptocurrency mining farms are trying to reduce costs and consume as less energy as possible, but sometimes the task is very difficult. Japanese […]

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The Awesome Power of Combining AI and Blockchain

Julio Gil-Pulgar · March 3, 2018 · 3:30 pm Innovative companies are rushing to create real-world business applications that combine artificial intelligence (AI) and blockchain technology. For example, JD.Com, the largest retailer in China, recently launched a new accelerator, AI Catapult, to build new businesses and applications using AI and blockchain technology. Separately, Porsche is […]

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Bitcoin.org Owner Asks the Community to Change Bitcoin’s Central PoW Algorithm

News This week the owner of the web portal Bitcoin.org and Bitcointalk, a pseudonym called Cobra wrote an open letter to the bitcoin community asking them to think about changing the Bitcoin core network’s Proof-of-Work algorithm. Also read: Ross Ulbricht Denied Post-Conviction Relief Extension Bitcoin.org Owner ‘Cobra’ Says Bitcoin Mining Is Controlled By One Man and […]

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This Upstart Cryptocurrency Exchange Is Making Inroads in Canada — Bitcoin Magazine

Cryptocurrency and precious metals exchange Coinsquare is taking steps toward its goal of leading the cryptocurrency exchange market in Canada. On February 20, 2018, it announced a new partnership with Processing.com, after wrapping up a recent investment of $30 million, for a total $47 million raised in the last four months. The partnership with Processing.com […]

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Rural Russia Prepares to Attract Crypto Loans

Finance A proposal was presented at the Russian Expert Council for Non-Bank Credit Organizations to allow rural businesses in the country to receive crypto loans to attract funds from abroad. The chairman of the council, a State Duma member, is asking rural credit cooperatives to study and educate rural residents on cryptocurrency. Also read: Indians Look […]

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HashChain Technology Acquires Blockchain Company NODE40

HashChain Technology Inc. (HashChain) has acquired the blockchain technology company NODE40 for $8 million USD and 3,144,134 common shares of stock in HashChain (TSXV: KASH) (OTCQB: HSSHF). HashChain is a Canadian-based crypto-mining company that currently operates 100 Dash mining rigs and is in the process of setting up nearly 4,000 more to mine bitcoin. By […]

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Academics Claim “Crypto-Colonialism” Rampant in Puerto Rico

Economics An opinion piece authored by academics representing Anglia Ruskin University and Trinity College Dublin have alleged that cryptocurrency mining operations are placing strains on Puerto Rico’s infrastructure. The article argues that Puerto Rico has not fully recovered from the damage reaped by Hurricane Maria, and that the island is ill-equipped to cope with the […]

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