mining News and Articles

BTC mining engines building corporation Canaan gathered $90 million after rating its US IPO at the ground of its marketed range. The Hangzhou exchanged American depositary shares for $9 apiece and gathered $10 million on Wednesday. As to records of the US SEC, the shares had been traded for $9-11....

Iranian authorities announced their readiness to pay for information on illegal activities in the extraction of cryptocurrencies, and also spoke about new rules for calculating electricity prices for miners. It is reported by Press TV. The fee for identifying miners using subsidized electricity...

Marley Gray, a chief engineer at ‌Microsoft, says that the corporation aims to make the construction of crypto tokens in the cloud as simple as using a printer. Gray mentioned this after the announcement of the Azure Blockchain Tokens platform on Monday. Gray is sure that just like printers were...

The Chinese province of Sichuan, which produces 70% of all bitcoins in the world, has all the opportunities for an even wider attraction of miners. This was reported by CoinDesk with reference to a statement by the former vice president of the China Securities Regulatory Commission, Yang Jiang. In...

On Monday, October 7, a meeting was held on the regulation of the crypto and blockchain industry in Ukraine. Representatives of the Ministry of Digital Transformation, the Verkhovna Rada, the Office of Effective Regulation (BRDO), as well as relevant associations and businesses participated in it....

Armenian law enforcement authorities suspect a 22-year-old citizen of stealing $1,046,000 from the sale of equipment for cryptocurrency mining. In October last year, the suspect met with a potential buyer and offered him to purchase the Z9 mini ASIC miner, the News-Armenia news agency reported...

In the Nizhny Novgorod Region, a criminal investigation has been completed against employees of the Sarov Nuclear Center, who used a supercomputer to mine cryptocurrency. The case has been submitted to court, reports RT with reference to the press service of the Sarov City Court. Scientists...

The authorities of Inner Mongolia decided to limit crypto mining in the territory of this autonomous region of the PRC. This was reported by the managing partner of Primitive Ventures Dovey Wan, citing local media. JUST IN h/t @ChainNewscom Regulatory bodies from Inner Mongolia will dedicate...

Bitcoin mining profits approach its all-time high - $14 billion, according to information provided by Coin Metrics. Even when the BTC mining hash speed has been rising and this was making mining less valuable, miners of the leading coin are still receiving more than ever. It lasted eight years...

The Chinese giant Bitmain allegedly placed an application for the purchase of 600,000 mining chips, which in the future could bring the company an additional $1.2 billion in profit. This was reported by the Block. The information came from a source close to TSMC, Taiwan's largest semiconductor...

In the Chinese province of Sichuan as a result of heavy rains began floods and landslides, as a result of which a large mining farm was destroyed. A video of the incident has already been posted online. A local mining farm based in Sichuan, China was DEVASTATED by the recent heavy rainfall in the...

The deputy of the Verkhovna Rada of the IX convocation from the party "Servant of the People" Alexander Dubinsky intends to ensure the resumption of the criminal case on the fact of mining on the servers of the judicial administration of Ukraine. The politician wrote about this on his...

The leading manufacturer of Bitcoin mining equipment Bitmain suffered losses in January-February of 2019 totaling $625.000.000. Nevertheless, the company expects that high demand for new 7-nm devices will allow it to end the year with positive results, writes Cryptoglobe with reference to local...

During the meeting of the Iranian Cabinet of Ministers, which was held on Sunday under the chairmanship of President Hassan Rouhani, mining cryptocurrency was recognized as an industrial activity, the local news agency Mehr News reported. According to a government decree, miners will have to...

One of the world's largest producers of mining equipment, Bitmain, is preparing to submit another application for an IPO, but this time in the US, not Hong Kong, Bloomberg reports, citing well-informed sources. Thus, the company, the investment valuation of which in 2018, according to various...

Miners in Iran can face higher bills if the minister decides so. On Sunday (09.06.2019) Iran’s Minister of Energy Homayoun Haeri said to The Financial Tribune that miners of cryptocurrencies in their country should pay bills in real rates, which aren’t going to be subsidized by the government...

Every person that has access to a computer and the Internet surely has heard about the mining. Most of them didn’t even get what it means, how it works and why do people need this. Here we are going to consider all the little details of the mining process and understand its purpose. This article...