Because of the tariffs, Bitmain, Canaan, and Ebang International will be mandated to pay 27.6 percent on all units sold in the United States.
The London-based crypto cloud mining firm will introduce Bitcoin to its list of altcoins beginning November 1.
In a recent study initiated by Princeton University and Florida International University, researchers indicate that China’s crypto mining atmosphere has a huge influence over Bitcoin, a scenario that may potentially be susceptible to network manipulation.
Ex-Bitmain chip designer Yang Zuoxing is going head-to-head with his former employer as he establishes his own startup MicroBT to launch a new line of mining chips.
The Chinese man, Xu Xinghu, has been sentenced to three and a half years in prison and ordered to pay a fine of about $14,500.
OsiaNetwork has requested the Federal Election Committee to permit computer sharing for cryptocurrency mining for political contributions.
Residents complained about noise and the potential increase in greenhouse gas emissions emanating from the facility.
Bitmain has disclosed its intention to roll out its next-generation Application Specific Integrated Chip or ASIC chip known as the BM 1391.
There have been a rising number of cryptojacking incidents in India in recent months, as hackers target hundreds of the country’s government websites, compromising their security by injecting a malware used for illicit crypto mining.
Bitcoin mining is known to be an energy-intensive process, but gold mining uses more than twenty times the energy.
Former head Bitcoin mining chip creator at Canaan Creative Chen Min introduces a new project aimed at creating crypto mining machines known as the Linzhi.
Some people in the crypto community are calling for ASIC-resistant consensus algorithm ProgPOW in order to maintain decentralization. The call comes in the wake of impending difficulty and reduction of block rewards.
A former Russian fertilizer laboratory is now being repurposed as a crypto mining farm. The project is expected to be the region’s largest mining operation as of late.
The Norwegian crypto mining firm, which is situated in what used to be a paper mill, consumes more than 40MW of power to run a cache of close to 10,000 units of computers.
Norwegian cryptocurrency mining firm Kryptovault has recently received a bomb threat over escalating complaints of noise pollution.