Chinese crypto mining giant Bitmain has recently expanded operations to the state of Washington as it unveils a $20 million complex in Douglas County.
Washington state’s Chelan County Public Utility District (PUD) has recently submitted a proposal outlining a new rate structure for levying electricity charges to cryptocurrency mining operators.
Latest data show that the profitability of Ethereum GPU mining has suffered a significant drop from $150 to $0 in the past 17 months.
McAfee Labs, the research unit of John McAfee’s cybersecurity firm, reveals that it has discovered WebCobra, a Russian coin mining malware which explores victim’s computing power.
According to the IT giant’s latest financial report released on Monday, the figure is significantly larger than its second-quarter loss of 360 million yen or about $3.2 million.
Two Chinese principals were caught stealing power from the school to mine Ethereum.
BTCC has announced that the oldest Bitcoin exchange in China will be indefinitely closing its mining pool beginning November 30.
Bitmain has announced that its new Antminer S15 and T15 machines will go on sale starting November 8.
A new study indicates that mining a single dollar’s worth of Bitcoin exhausts far more electricity compared to mining precious metals and other rare earth materials.
The city of Plattsburgh in New York seeks to regulate crypto mining operations to be able to protect its locals’ safety and wallets.
In its third-quarter financial report, AMD states that it has raked in “negligible” revenue from Blockchain-related GPU sales, which accounted for a mere “high single digit percentage” of the manufacturer’s top line.
Blockstack head of product growth Patrick Stanley states that app mining is a system that incentivizes developers and other participating firms for developing platforms that the community really wants.
WinMiner is bringing crypto mining to the masses by eliminating entry barriers.
In a blog post, Bitmain elucidates the reason for its firmware release, stating that the company initially “decided against activating this mathematical function in mining hardware” because of the “uncertainty surrounding the use of AsicBoost.”
The city council voted 6-1 with only council member Matt Moore voting against the moratorium.