Chinese block reward mining chip designer files for Nasdaq IPO with SEC
Nano Labs was founded by Jianping and Sun Qifeng, former executives of Canaan, which currently produces HTC chips used in mining proof-of-work consensus digital currencies.
Latest block reward mining News
GorillaPool will end up benefiting TAAL, Alex Hays tells Women of BSV
Alex Hays shared that the onset of the pandemic in 2020 affected his sailing profession, and while he looked for a transition, his father said to check Bitcoin as an investment.
One blockchain as the base layer of IoV
People get nervous hearing "one blockchain rules it all," but it is a principle of cybernetics that a complex system needs unity at the base purpose level to support variety at application levels.
Kenya’s largest power producer lures block reward miners with geothermal energy
KenGen PLC is luring miners with cheap geothermal energy and claims it has already been approached by a number of miners from across Europe and the United States.
Oman backs US-based natural gas-powered block reward mining pioneer company
The country has taken an equity stake in Crusoe Energy Systems Inc., a U.S.-based company that is one of the pioneers of using stranded natural gas to power block reward mining.
New York State Senate passes ban on proof of work mining—here’s what to expect
If signed into effect, the bill will place a two-year moratorium on any carbon-based proof-of-work mining operation that is looking to open shop or that needs to renew its permit.
Russia Trade Ministry: BTC mining consumes more power than agriculture, must be regulated
The deputy minister of trade and industry says block reward miners account for about 2% of national electricity, adding that they must be regulated.
Blockchain mining and energy innovation at BSV Global Blockchain Convention
A panel moderated by CoinGeek’s Patrick Thompson discussed blockchain mining, the amount of energy it consumes, and how to make blockchains more efficient on day three of the BSV Global Blockchain Convention.
Nvidia shares tumble after pessimistic Q1 revenue forecast
Nvidia also reported that its digital currency-specific products drove a 52% decline in other revenue, given that their revenue during the quarter was "nominal."
Russia removes tax amnesty from drafted block reward mining bill
Russia's State Duma has revised several draft block reward mining bill provisions, and one of these is a proposed one-year tax amnesty for block reward miners.
Abkhazian authorities still discovering illegal block reward mining farms despite ban
According to an official press release, the facility was located in the rural village of Yashtuha, in the Sukhumi region, and was being run by 29-year-old resident Khanchalyan Robertovich.
BSV Global Blockchain Convention to tackle blockchain mining and energy innovation
A panel on May 26 at the BSV Global Blockchain Convention in Dubai will explore blockchain mining and the energy consumption issues, as well as the innovations taking place in the sector.