The report views digital currency a trending innovation in finance, but also a threat to the sustainability of financial services due to its environmental impact.
GorillaPool mined its first official block, block #704246, on September 10, showing the world that the BSV blockchain isn’t completely dominated by corporate miners.
The man, an information technology supervisor for the New York State government, reportedly used work equipment to mine up to $6,000 worth of digital currencies.
The State Duma is considering giving miners legal recognition as a form of entrepreneurship under local business laws, opening Russia up to the industry.
Belarus President Alexander Lukashenko called on the citizens to turn to block reward mining in the several abandoned industrial sites to generate revenue.
The man stole his friend’s block reward mining rig in February but was unable to use it due to lack of knowledge; he got three years of suspended sentence.
The9 Limited and LGHSTR Ltd deal aims to invest and build digital currency mining facilities in Kazakhstan.
The company has placed an order to purchase 800 digital currency mining machines that will be deployed at facilities in Southeast Asia.
In blockchain technology, we feel the attributes of Energy Consumption, Governance and Politics, Regulatory Compliance Consulting, Timing, and Technology are paramount attributes to consider.
Officials in Yingjiang County are implementing strict warnings to block reward miners operating illegally to halt operations within the region.
Government officials had identified block reward mining as one of the biggest energy guzzlers, expressing particular concern over the illegal miners which the government is still struggling to bring down.