Mining

Here you can find the latest Bitcoin mining news. Mining is the process of adding transaction records to Bitcoin’s public ledger of past transactions. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.

August 15th, 2018

Alexander Petersons, crypto-enthusiast and a product director of cloud mining service Hashtoro.com, shares insights into how to make crypto mining not only more environmentally-friendly, but also less expensive.

August 7th, 2018

The dominant bitcoin miner and mining chip designer plans to strengthen its presence in the U.S. The company does not want to gum up the works: the mining facility is expected to be completed in the beginning of the fourth quarter of 2018.

August 5th, 2018

During the IPO, Argo Blockchain managed to raise more that it initially planned namely owing to the support provided by some cornerstone investors.

August 3rd, 2018

The world’s second largest manufacturer of mining hardware Canaan Creative has unveiled the world’s first bitcoin mining television set.

August 2nd, 2018

Hashtoro’s product director Alexander Petersons shares his insights into cloud mining potential, explaining how to mine cryptos with minimum investments.

July 31st, 2018

Commissioners from the Franklin County Public Utility District have decided to stop accepting applications from new crypto miners until they study the effects of the growing density of cryptocurrency mining farms on electricity supply in the region.

July 31st, 2018

Sky Mining CEO Le Minh Tam claimed that he disappeared to protect his life, later stating that he is undergoing a medical treatment and would soon come back to return investor’s funds.

July 30th, 2018

Smart combination of two disrupting technologies – Blockchain and IoT – could open new possibilities, secure devices and make the IoT a part of everyday life.

July 27th, 2018

Google has updated its Play Store policy banning all the apps engaged into cryptocurrency mining activities along with low-quality and low-effort applications.

July 26th, 2018

Qiwi CEO Sergey Solonin claimed that an ex-employee of the company used the hardware of Qiwi to mine bitcoins. When the company made an attempt to continue mining, it turned out that the difficulty of this process had risen to a point that it was no longer profitable on Qiwi’s computers.

July 24th, 2018

It became known that local authorities of Chinese mountain region Xinjiang are going to haul illegal mining activities before summer 2018 will come to a close.

July 20th, 2018

As Bitminer Factory is approaching the launch of their ICO — Initial Contract Offering on the 21st of July, here is an overview of the work our Operations Team is undertaking this month.

July 13th, 2018

A new electricity rate scheme for cryptocurrency miners has been approved by New York state regulators. Now miners will pay more than average consumers.