26 October 2020

Australian Dodges Prison After Using A Supercomputer At Work To Mine Crypto

A former employee of CSIRO – the Australian Commonwealth Scientific and Industrial Research Organisation, has avoided prison after being caught using a supercomputer at...

Kazakhstan To Raise Over $700 Million For Cryptocurrency Mining

Kazakhstan’s new Digital Development Minister, Bagdat Mussin, has reportedly asserted that the country is already in talks to attract a significant investment worth over...

Analysis: Bitcoin HODLers On The Rise While Miners Refuse to Sell

Recent data indicated that the HODLing mentality towards Bitcoin prevails as the number of coins that haven’t moved in two or more years has...

Capturing Petahash: Marathon Obtains 3,300 Bitcoin Mining Rigs, Acquires Fastblock for $22 Million

The Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, has announced it will be purchasing Fastblock Mining in an all stock transaction. The firm’s letter...

Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners

Regional reports say that officials from Inner Mongolia delineated 21 bitcoin mines, as the region plans to stop subsidized electrical rates for certain data...

Bitmain Retains Only a ‘Minuscule Lead’ Over Competitor Microbt Amid Ongoing Power Tussle, Says...

Bitcoin mining hardware maker Bitmain still has a “minuscule lead” over competitor Microbt despite the former’s ongoing power struggle and supply chain issues, according...

Sichuan Officials Continue to Foster the Relationship Between Bitcoin Mining and Hydropower

The province of Sichuan is well known for being one of the largest concentrations of bitcoin miners on earth because electrical costs are extremely...

Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors

Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang...

Bitcoin Miner Hut 8 to Add 275 PH/s of Mining Capacity With $8.3M Capital...

Hut 8 Mining Corp. has raised $8.3 million from the sale of 6% of its shares to investors. The Canadian bitcoin miner originally intended...

Kazakhstan Seeks to Attract $740 Million Crypto Investment in Three Years

Kazakhstan is aiming to attract nearly $740 million dollars in investment through various crypto industry-related activities over the next three years. The government of Kazakhstan...
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