July 12, 2019 BTC and LTC Halving ‘Shock’ May Be Mitigated by Merged Mining: Report Block reward halving “shock” at Bitcoin and Litecoin could be mitigated by merged mining, according to Binance Research.…
July 12, 2019 Police in China Seizes 4,000 Crypto Miners After Abnormal Energy Spike China’s police confiscated 4,000 crypto mining units that were illegally deployed at nine factories. Police in China arrested 22 suspects allegedly involved in illegal crypto mining activity that led to energy loss worth of about $3 million, local media outlet XinhuaNet reports on July 12.Police in Jiangsu, China’s eastern-central coastal province, have reportedly seized 4,000 hardware units that were illegally used to mine cryptocurrency such as Bitcoin (BTC) at nine factories.According to the report, Jiangsu police launched a criminal investigation after a local power firm reported an abnormal spike in electricity consumption.…
July 12, 2019 Bitcoin Mining Industry is Booming as Difficulty Soars 14% to New High Mining difficulty on the Bitcoin network has taken its steepest upturn in almost a year, surging by over 14% to hit 9.06 trillion.…
July 11, 2019 Iran Plans to Allow Crypto Mining, Central Bank of Iran Governor Says Governor of Iranian Central Bank revealed that the government has prepared parts of an executive law to authorize crypto mining.…
July 10, 2019 Charlie Lee: Next Month’s Halving Will Be a ‘Shock’ to Litecoin Mining Litecoin creator Charlie Lee has predicted that miners may shut up shop after the coin’s forthcoming halving this summer.…
July 9, 2019 Chia Releases Green Paper Detailing Eco-Friendly Means of Crypto Mining San Francisco-based tech firm Chia Network has released a green paper that describes an eco-friendly way of mining cryptocurrencies.…
July 9, 2019 Scientist Mines Bitcoin on Computer Model Used by Apollo Missions A reverse engineering specialist found out the hash power of a computer that was used by NASA to navigate moon landings.…
July 8, 2019 Trading Bitcoin Is Illegal in Iran, Central Bank Official Warns Deputy governor for new technologies at the Central Bank of Iran said that buying and selling bitcoin is illegal in the country.…
July 7, 2019 Regulatory Overview of Crypto Mining in Different Countries Regulatory pressures continue to have an effect on the most popular countries to mine cryptocurrencies. A move by the Iranian government to cut off the power supply to local Bitcoin (BTC) miners grabbed headlines in June amid a soaring price gain by the preeminent cryptocurrency.…
July 6, 2019 Iranian Official Says US Congress is Working to Block Iran’s Crypto Mining Iranian Assistant Minister of Trade says that US Congress is trying to stop BTC mining in Iran.…
July 4, 2019 Crypto Company Gives Individuals a Chance to Mine Bitcoin Without Sky-High Energy Bills sponsored A remote mining company says it enables individuals to lease hashing power from state-of-the-art mining centers.…
July 3, 2019 Energy Used by Idle Device in the U.S. Can Power Bitcoin For 4 Years Academic researchers at the University of Cambridge have launched a real-time index that tracks the total electricity consumption of the bitcoin network.…
