Cryptocoins News / CoinJournal - 3 years ago
The Chinese Bitcoin mining company announced it had completed a $50 million fundraising that would help facilitate expansion plans
Chinese company BIT Mining disclosed on Monday via a press release that it had secured $50 million funding from a priva...
Cryptocoins News / The Cointelegraph - 3 years ago
Half of what was lost due to China’s crackdown on Bitcoin mining will never go back online, Phoenix Store’s CEO says. Two weeks after a 15% increase in electricity pri...
Cryptocoins News / The Cointelegraph - 3 years ago
The Anhui government is addressing growing electricity demand by shutting down local crypto mining operations. The Chinese government continues cracking down on the cr...
by COINS NEWS - 3 years ago
I'm going to try to explain Elon Musk's seemingly "big brain" but actually pretty dumb gambit with regards to Bitcoin mining. Note carefully the dates on each development in the story. Why did Tesla buy $1.5 billion worth of B...
Cryptocoins News / The Cointelegraph - 3 years ago
Bit Mining is looking to exit China’s market in response to the recent government crackdown on mining. Shenzhen-based crypto mining firm, Bit Mining, is raising $50 mi...
More / Bitcoin Reddit - 3 years ago
https://preview.redd.it/fw4mux5x60b71.png?width=2102&format=png&auto=webp&s=e8949d411d69b194d666617bc0d507c4b584dbb0 The number of listening bitcoin nodes in China is currently at 150. This number could be far greater as some nodes...
Cryptocoins News / The Cointelegraph - 3 years ago
BitRiver utilizes only surplus hydroelectric power to operate its data centers in Russia and CIS countries. The9, a Chinese internet company listed on the Nasdaq, is m...
by COINS NEWS - 3 years ago
I just have this little rant as people are so quick to jump on crypto with all the FUD even though it’s a insanely smart and useful technology that will 100% be a part of our future and probably for the better of the world. But the media is jumping a...
by COINS NEWS - 3 years ago
I've been thinking about what my ethical opinion is regarding mining profits and taxation, particularly in the USA. My understanding is that the current tax law requires you to pay income tax on any crypto you earn via mining, at the current exch...
Cryptocoins News / The Cointelegraph - 3 years ago
Miners used an empty warehouse of an electricity supply company to plug into the grid and mine crypto on a variety of devices, including gaming consoles. Ukrainian au...
Cryptocoins News / The Cointelegraph - 3 years ago
Hive aims to take advantage of the East-to-West shift in Bitcoin mining power after regulators in China have renewed efforts to crack down on the industry. Following i...
Bitcoin News / Bitcoin.com - 3 years ago
The Security Service of Ukraine (SBU) has located a massive coin minting facility that was illegally connected to the power grid in Vinnytsia. Law enforcement officials claim it’s the largest underground crypto mining farm they have found so fa...
Cryptocoins Exchanges / Binance - 3 years ago
If you havent heard of dogeback yet read into it its fucking awesome, I was skeptical but after investing $60 in less than 48 hours I have earned 20+ dogecoin in dividend payments from it. I made a video explaining it or just go read about it but eit...
Bitcoin News / Bitcoin.com - 3 years ago
Riot Blockchain, a Nasdaq-listed mining company, reported Thursday on its Bitcoin production last month. The company’s numbers jumped a little more than 400% year-on-year, as a result of the increase in mining power. The recent mining crackdown...
Cryptocoins News / The Cointelegraph - 3 years ago
According to the regulatory body, an investor was tipped off that the company would be rebranded, a move that resulted in a huge surge in Long Blockchain's stock price....
Bitcoin News / Bitcoin.com - 3 years ago
Thousands of users were scammed into buying fake Android cryptocurrency mining apps, according to a California-based security firm. These apps are advertised as a way of earning money via mining cryptocurrencies, but in actuality they don’t per...