China’s NDRC Wants to Ban Crypto Mining: Another Clamp Down

According to Reuters, China’s state planner wants to ban Bitcoin mining. The National Development and Reform Commission (NDRC) has updated a draft list of industrial activities that it is looking to encourage, restrict, or eliminate. The list was first published in 2011. NDRC Wants to Ban Cryptocurrency Mining Unfortunately for crypto enthusiasts, cryptocurrency mining has […]

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What Does the Bitmain IPO Abolition Mean for Cryptocurrency Industry?

Bitmain Technologies has abandoned its IPO enthusiasm after the company’s Hong Kong stock market proposal listing expired earlier this week, sparking debate on the future of the entire cryptocurrency market. The company did say that it plans to reapply at an appropriate time in the future, saying that “despite the huge potential of the cryptocurrency […]

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Coinbase CTO Believes Home Cryptocurrency Mining is the Future with Coinmine

Coinbase’s CTO, Balaji Srinivasan, has just announced his thoughts of the future of home cryptocurrency mining. Bitcoin mining and crypto mining in general are a huge industry, which exploded last year when digital currency interest hit mainstream. A new startup is trying to take another stab at popularizing at-home cryptocurrency mining, a business model that […]

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Two Teachers Mine for Ethereum Using School’s Power

Teachers Mine for Ethereum: Mining for cryptocurrency comes with its controversy. Energy consumption is already the most eyebrow-raising aspect. So what about using the local school’s computers to mine for Ethereum… during school time? Oh, and you’re the principal of the school. This is exactly what happened in Hunan Province, China. Teachers Mine for Ethereum: […]

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Iceland Moving Away from Crypto Mining… Where to Next?

At the beginning of 2018, Iceland made headlines because of its heavy involvement in crypto mining. Because the country is an ideal climate for mining, Iceland is home to one of the world’s largest crypto farms. But now things are changing; Iceland is shifting its focus. To what? Blockchain technology. Iceland Crypto Mining No More? […]

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Bitmain’s BTC.com is Launching an Ethereum Mining Pool

Bitmain Adds Ethereum Mining Pool: The world’s largest Bitcoin mining pool is cheating on Bitcoin. Bitmain’s BTC.com is expanding to add an Ethereum mining pool which will initially support both Ethereum and Ethereum classic.  Users will now be able to switch their hashing power from one pool to another, in light of what’s happening in the market. Bitmain […]

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Should We Regulate Cryptocurrency Mining?

Regulating cryptocurrencies has been a hot topic for years now. While some believe regulation would be hypocritical to an ethos whereby users govern their own network and money, is there anything to be said for regulating aspects of cryptocurrency…say a cryptocurrency mining regulation for example? Cryptocurrency Mining Regulation – Here’s Why It’s Important No matter […]

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Spotlite and KashMiner Operations Halted by SEC

Back in January 2018, Spotlite USA showcased a new Bitcoin miner called the KashMiner. The company also claimed that it was a licensee of camera maker Kodak. But now, Spotlite has officially halted operations and has since denied any ties to the brand. But what’s going on? Spotlite: Bad Business or Scam? There were two major signs that […]

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Chinese Crypto Miner Arrested for Stealing Electricity

Chinese crypto miner arrested: A man has been arrested in the Anhui Province of China for allegedly stealing 150 megawatts (MW) of electricity. Chinese Crypto Miner Arrested Local media outlet Xinhua reported the arrest today, stating that the man, known under the surname Ma, had more than 200 computers that he was attempting to mine […]

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County in Montana Delays Decision to Suspend Bitcoin Mining Operations

After a wave of Bitcoin mining operations set up in areas with affordable electricity, places like Montana’s Missoula County needed to make a decision over the impact these operations have on the region. Earlier this month, it was reported that Bitcoin’s (BTC) energy footprint had nearly doubled in six months and was expected to grow. According […]

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Research says Bitcoin Power Consumption May Account for 0.5% of the World’s Energy

As Bitcoin grows, the level of power consumption needed to mine grows too.  This is an area which is also receiving increasing attention. A new study published in the American Journal of Energy Academics Joule claims that by the end of 2018, Bitcoin network’s power consumption may account for 0.5% of the global total. Currently, on […]

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Nvidia GPUs Used For Crypto Mining, Nvidia Reports $289 Million Revenue

Nvidia has shown incredibly bullish behavior that is undoubtedly linked to the rise of cryptocurrencies. The high demand for Nvidia GPUs in the marketplace has helped Nvidia have a successful year. It is also a sign of the growing interest in crypto mining and how much interest has been growing in the general public: “GPU […]

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UNICEF Creates Website for Charity Crypto Mining

The United Nations Children’s Fund (UNICEF) is starting to get involved in crypto mining. On Monday, the organization disclosed to the public that it created a website which means users can now engage in crypto mining for charity. There’s a catch, though. This mining will only be possible with help of supporters’ computer processing power. UNICEF: Crypto […]

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