China’s Inner Mongolia seizes 10,000 mining rigs from gov’t-owned tech park
The closure marks the 45th operation for Inner Mongolia, which has been ramping up its anti-mining stance in line with the central government’s crackdown on the sector.
The closure marks the 45th operation for Inner Mongolia, which has been ramping up its anti-mining stance in line with the central government’s crackdown on the sector.
NYSE-traded BIT Mining has partnered with Viking Data Centers to develop a BTC block reward mining facility in Ohio as North America’s hashrate share rises.
Block reward mining goes against China’s ‘carbon neutral’ goal, according to the cyberspace commission in China’s Hebei province which recently announced a crackdown.
In its quarterly earnings report, Canaan said it sold 5.9 million terahashes per second (TH/s) of hashing power during the quarter representing a 126.9% Y/Y increase from 2.6 million TH/s.
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.