Mining

Bitmain Reportedly Plans to Set Up 200,000 Crypto Mining Equipment in China

Chinese crypto mining titan Bitmain is reportedly working on deploying 200,000 units of its crypto mining machines in China, as the firm attempts to leverage on the territory’s inexpensive hydroelectric energy.

Bitmain Releases Latest ASIC Miner for ZCash

Touted to have three times more hashing power compared to its predecessor, the new Antminer Z11 was specifically designed to mine the privacy-focused crypto ZCash as well as other digital currencies anchored on the Equihash algorithm.   

Ethereum Core Developers Approve Implementation of ASIC-Resistant Proof-of-Work

Ethereum core developers have recently reached a general consensus on the implementation of the proposed Application Specific Integrated Circuit-resistant Proof of Work algorithm ProgPoW.

“Full-Stack Cryptocurrency Ecosystem” Plans to Use Nasdaq Tech to Operate Markets

Self-described “full-stack cryptocurrency ecosystem” Bcause LLC is planning to utilize Nasdaq technology to operate its markets.

Crypto Miners Explore Power Recycling and Renewable Energy

Bitcoin miners are now starting to explore power recycling and renewable energy.

Canaan Creative Secures “Hundreds of Millions” in New Funding Round

China-based cryptocurrency mining equipment manufacturer Canaan Creative has closed a new funding round.

Mining Pool Returns Half of Accidentally Sent Ether Fee Worth $300K

Ethereum mining pool Sparkpool has recently verified the identity of the user who had previously sent an unusually exorbitant miner’s fee by mistake and has subsequently agreed to split the amount.   

Coinhive to Terminate Mining Operations in March

Coinhive has revealed that it will cease its mining operation services starting March 8.

Chinese Manufacturer Ebang Plans to Produce 400,000 Mining Machines this Year

Ebang, one of the top manufacturers of bitcoin miners in China, is preparing to build 400,000 mining machines this year.

30 Alleged Scam Victims File Complaint Against Crypto Mining Farm in Thailand

CryptoMining.farm is now involved in an alleged 42 million Thai Baht ($1.34 million) cryptocurrency mining scam.

Bitmain Reveals Its New Energy-Efficient Mining Rig

The company launched a 7nm application-specific integrated circuit (ASIC) processor called the BM1397.

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.
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