Bitcoin Mining

Crime

Final Russian Nuclear Scientist Sentenced Over Illicit Crypto Mining

The last of three Russian scientists caught illegally mining bitcoin at a top-secret nuclear lab has been given a prison sentence.

Policy & regulation  ·  25 October 2019
Governance

With 18 Million Bitcoins Mined, How Hard Is That 21 Million Limit?

The 18 millionth bitcoin is about to be mined. Though the remaining 3 million will take 120 years to mint, some question the certainty of the original hard cap.

Markets  ·  18 October 2019
Bitcoin Mining

Peter Thiel Backs $200 Million Valuation for Renewable Bitcoin Mining in the US

A vertically integrated startup has raised $30 million to bring bitcoin mining back to the U.S.

Markets  ·  15 October 2019
Bitcoin Mining

Next Bitcoin Halving Could Squeeze out Retail Miners, But Jury’s Split on Price

Bitcoin halvings normally result in price increases. Maybe not this time.

Markets  ·  15 October 2019
Crime

Russian Nuclear Scientist Gets $7,000 Fine for Mining Bitcoin at Work

The engineer at a top-secret nuclear lab, along with two colleagues, had accessed the plant's supercomputer to mine bitcoin.

Policy & regulation  ·  1 October 2019
Bitcoin

Iranian Bitcoiners Risk Fines, Jail Time as Government Regulates Mining

As mining regulations loom, Iranian bitcoiners are stuck in compliance purgatory – facing fines and even jail.

Policy & regulation  ·  27 September 2019
Russia

WATCH: Inside a Siberian Crypto Mining Complex

CoinDesk On Location goes deep inside a Siberian crypto mining factory situated near a remote hydroelectric plant.

Markets  ·  25 September 2019
Regulation

Iranian Government Proposes Annual License for Bitcoin and Crypto Miners

Government documents reveal a draft proposal for new cryptocurrency mining regulations in Iran.

Policy & regulation  ·  19 September 2019
Bitcoin Mining

Bitcoin Mining Power Hits New High as Half a Million New ASICs Go Online

The computing power dedicated to mining bitcoin has hit another new high, suggesting as many as 600,000 machines have come online since June.

Markets  ·  16 September 2019
China

Bitcoin Miners Halt Operations as Rainstorm Triggers Mudslides in China

A severe rainstorm in China's southwest has led to fatal mudslides, causing some local hydropower plants and bitcoin miners to halt operations.

Business  ·  21 August 2019
Bitcoin Mining

Congressional Research Service Finds Potential Blockchain Uses for Energy Sector

Congressional researchers detailed the current state of energy consumption related to cryptocurrency mining and potential regulations for the energy-intensive process.

Markets  ·  12 August 2019
Bitcoin

Blockstream Launches Bitcoin Mining Farm With Fidelity as Early Customer

Blockstream is further stepping into bitcoin mining with the Fidelity Center for Applied Technology and LinkedIn founder Reid Hoffman as customers.

Tech  ·  9 August 2019
Europe

Man Takes Bitcoin Miner Seller to Tribunal Over Electricity Bill and Wins

A Malta-based seller of bitcoin mining machines is in hot water after failing to refund a customer who complained over high power bills.

Policy & regulation  ·  6 August 2019
IPOs

Bitcoin Miner Maker Canaan Confidentially Files for IPO in US: Report

Canaan Creative, the major bitcoin miner manufacturer, has confidentially filed for an IPO in the U.S., say IFRAsia sources.

Business  ·  31 July 2019
Bitcoin Mining

Bitcoin’s Mining Difficulty Just Posted Its Biggest Increase Since 2018

Bitcoin mining difficulty has grown faster in the last two weeks than in any period since August 2018, a sign that competition is heating up.

Markets  ·  9 July 2019