Mining

Police in Search for Drugs Destroy Crypto Miner’s Home

Police raided the house of crypto miner, Rob Butvila, looking for a marijuana grow room.

Canaan Creative Co-Founder Steps Down Because of “Differences”

One of the three co-founders of Canaan Creative has stepped down from leadership.

Bitfury Teams Up with Commons Foundation to Launch Bitcoin Mining Operations in Paraguay

Amsterdam-based IT service management company Bitfury has inked a partnership with Seoul-based R&D firm Commons Foundation to launch a network of Bitcoin mining centers in Paraguay. 

Venezuela Introduces New Regulatory Framework for Domestic Crypto Startups

The “Constituent Decree on the Integral System of Crypto Assets” outlines a new regulatory framework that would require domestic businesses working with digital assets to register with Venezuela’s governing body tasked to oversee crypto-related activities, Sunacrip.

AMD Expects Its GPU Revenue to Drop Next Quarter

Graphic card maker AMD expects drop in revenue next quarter partly because of decreasing demand from cryptocurrency miners.

Nvidia Cites Decline in Crypto Miner Demand in Missed Profit Target

Nvidia has some depressing news for investors, but this time, the crypto mining slump was not the sole reason.

BloqLabs Unveils New Titan Crypto Mining Management System

BloqLabs has unveiled a new Titan Mining Management system in an effort to boost the efficiency of crypto mining operations.

Sapphire Tech Develops New GPU Hardware Designed for Mining Grin Coin

Hong Kong-based technology company Sapphire Technology has recently released a suite of crypto mining hardware designed specifically for the privacy-focused “GRIN” coin.

IBM, Ford to Head Blockchain Pilot for Tracking Ethically Sourced Minerals

IBM, Ford Motor Company, along with other corporate giants, will pilot a blockchain project that will enable them to track ethically sourced minerals in the Democratic Republic of Congo (DRC).

Bitmain’s Struggle Continues, But Analyst Assures Crypto Miners are Fine

Ethereum information hub Ethhub.io founder Eric Conner posited that the present condition of miners affected by Bitmain’s mass layoff has very little relevance to the crypto sphere in general, assuring the crypto community that the event poses insignificant impact to the industry’s growth.

Research: Crypto Mining Malware Bags Almost 5% of Entire Monero

Sergio Pastrana and Guillermo Suarez-Tangil, researchers from Universidad Carlos III de Madrid and King’s College London, respectively, released their report, which estimated that hackers had mined at least 4.32 percent of the entire Monero in circulation.

Crypto Miner Linzhi Appeals to Project Developers of Proposed ASIC Ban

Linzhi’s statement says: “Today we are calling upon the ethereum developers to publish rules and requirements for what constitutes a good ProgPoW ASIC maker.”

China-Based Bitcoin Mining Chip Manufacturer Considers IPO in U.S.

Canaan, one of the largest makers of bitcoin mining chips and devices based in China, is considering an initial public offering (IPO) in the U.S.

HK Crypto Promoter Allegedly Scams Investors with Bogus Filecoin Mining Hardware

Four investors allege they have lost about HK$20,000 to HK$1 million (roughly $2,552 to $127,641).

Police Arrest Crypto Miner for Allegedly Using Stolen Electricity

A man has been arrested in Taiwan for allegedly mining cryptocurrency using stolen electricity.
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