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.

Nvidia Posts Strong Earnings for the Second Quarter of Fiscal 2020
August 17th, 2019

Beating the street estimates, Nvidia has posted 16% rise in its earning for Q2 fiscal 2020 in comparison to the previous quarter.

Malaysia Loses $25 Million due to Electricity Theft from Bitcoin Miners
August 15th, 2019

Malaysia’s power utility company is now targeting Bitcoin miners who have been stealing electricity to power their mining activity.

iCoin IEO Launched: Diamond Mining Powered by Blockchain and AI
August 15th, 2019

iCoin is a mining company in Sierra Leone that is leveraging blockchain and artificial intelligence to bring speed and efficiency in the diamond extraction industry.

European Blockchain Firm Bitfury Launches AI Unit for Big Data Mining
August 13th, 2019

Though large volumes of data are collected, a very small part of them is analyzed. To address this issue, the Bitfury Group, a European blockchain company, has launched its artificial intelligence (AI) division.

OKEx’s Mining Pool on Target to Become Its Second Core Business
August 12th, 2019

OKEx is actively working to provide the services that will satisfy the needs of its growing customer base. Now the exchange is concentrated not only trading but also on the services of its mining pool.

Fidelity Walks into Blockstream’s New Bitcoin Mining Farm
August 9th, 2019

Blockstream unveiled its newest 300 megawatts bitcoin mining farm expected to add almost six exhashes for every second to Bitcoin network’s computing power and Fidelity comes in among the early customers.

Litecoin Halving Will Occur on Monday: How Will It Affect LTC Price?
August 2nd, 2019

Charlie Lee, the founder of Litecoin, turned to his Twitter audience to announce that in a couple of days LTC halving is to be performed.

Bitcoin Miner Canaan Creative Files For An IPO In the United States
July 31st, 2019

Through this Bitcoin mining IPO, Canaan plans to raise $200 million from the public. This is the company’s second attempt for public filing.

The Most Profitable Cryptocurrency for Mining: BTC and LTC
July 17th, 2019

Nikita Gribkov is a VP at CryptoUniverse.io, takes a look at ins and outs of cryptocurrency mining explaining why Bitcoin and Litecoin are the two most profitable options at this time.

Hedge Against the Stock and Crypto Markets with This Massive (Tokenized) Copper Mine
May 29th, 2019

In this article, you’ll find out how to minimize your overall portfolio risk with a hedge against the stock and cryptocurrency market using innovative implementation of blockchain tech.