Latest News Of mining Tag
Business 4 hours ago
Microsoft removes free apps linked to cryptojacking
Eight apps were found on the Microsoft store that would use a device to secretly mine for Monero.
Business 10 hours ago
Thailand crypto mining scam allegedly victimizes 140
A crypto mining site has been accused of stealing as much as $1.34 million from its investors.
Business 14 February 2019
GMO Group loses JPY1.3B in cryptocurrency mining business
Japanese GMO Group lost quite a bit of money last year in the cryptocurrency business, as Bitcoin Core prices plunged and mining got less profitable.
Business 13 February 2019
Canaan Creative co-founder leaves crypto miner maker: report
Internal disagreements have reportedly sent Xiangfu Liu, one of the three founders of Bitmain’s crypto mining rival Canaan Creative, packing.
Business 12 February 2019
Australian cops mistake crypto mining farm for pot farm
Police in South Australia had their man. They conducted their investigation, their due diligence and waited for the right opportunity to pounce.
Business 7 February 2019
Six German suspects arrested for stealing electricity to mine crypto
The suspects reportedly operated the mining farm for at least a year and a half. In that time, they consumed enough electricity to power 30 households.
Tech 7 February 2019
Crypto mining is like counterfeiting, Russian banking exec says
The head of a Russian bank has compared cryptocurrency mining to ‘counterfeiting’, and warned the industry is unlikely to have a long-term future.
Tech 5 February 2019
Bitmain’s hashrate reaches 16-month low
As cryptocurrency mining company has seen one blow after another, it is becoming increasingly possible that the end is near.
Tech 4 February 2019
Bitfury, Korean partner set up crypto mining operations in Paraguay
The sites, which will be equipped with Bitfury’s BlockBox AC mobile datacenters, will be powered by clean energy from the Itaipú hydroelectric power plant.
Business 29 January 2019
Nvidia revises FY2019 Q4 forecast downward
Chipmaker Nvidia Corporation has lowered its projected revenue for the fourth quarter of the fiscal year 2019 by $500 million, to $2.2 billion.
Business 25 January 2019
JPMorgan provides its global perspectives on blockchains and cryptocurrencies
JPMorgan has released a 53-page “snapshot” of the state of cryptocurrencies and blockchains. The report is a fascinating view of how the industry has progressed and where it is headed, even though the analysts seem—on a few occasions—to not completely understand the space.
Business 25 January 2019
HK stock exchange chief takes a swipe at Bitmain’s IPO attempt
SEHK CEO Charles Li Xiaojia responded to media questions about the status of initial public offering (IPO) applications of three cryptocurrency mining hardware manufacturers—Bitmain Technology, Canaan Creative, and Ebang International Holdings.