Block Reward Mining

Tehran Stock Exchange CEO steps down after discovery of illegal mining operation in building
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4 October, 2021

Tehran Stock Exchange CEO steps down after discovery of illegal mining operation in building

The executive initially denied links to the mining operation, then claimed it was for research purposes before admitting to his...
What has happened in China since the latest ‘Bitcoin bans’?
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30 September, 2021

What has happened in China since the latest ‘Bitcoin bans’?

The latest "Chinese Bitcoin ban" consisted of a statement from the central bank, followed by supportive edicts from several other...
China’s Inner Mongolia seizes 10,000 mining rigs from gov’t-owned tech park
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29 September, 2021

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...
BIT Mining to set up 85MW mining facility in Ohio
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26 September, 2021

BIT Mining to set up 85MW mining facility in Ohio

NYSE-traded BIT Mining has partnered with Viking Data Centers to develop a BTC block reward mining facility in Ohio as...
Hebei province joins block reward mining clampdown in China
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19 September, 2021

Hebei province joins block reward mining clampdown in China

Block reward mining goes against China’s ‘carbon neutral’ goal, according to the cyberspace commission in China’s Hebei province which recently...
Canaan Q2 earnings surge amid volatile digital currency market
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19 September, 2021

Canaan Q2 earnings surge amid volatile digital currency market

In its quarterly earnings report, Canaan said it sold 5.9 million terahashes per second (TH/s) of hashing power during the...
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