Bitcoin Mining

Bitcoin Mining

Bitcoin Mining Wastes Energy? What If That’s Good?

Long-term, the incentives bitcoin creates may drive efficiency and green energy solutions in the crypto world and even spur them in the wider economy.

Business  ·  9 January 2018
Bitcoin

Bitcoin Faces Bear Move as Price Drops Toward $15K

Bitcoin is looking weak today after prices failed to hold above $17,000 levels at the weekend.

Markets  ·  8 January 2018
Regulation

Report: PBoC Quashes Bitcoin Mining Ban Rumor in China

However, regulators in China reportedly plan to withdraw preferential benefits such as tax deductions and cheap electricity available to mining firms.

Policy & regulation  ·  4 January 2018
Bitcoin Mining

Bitcoin Miner Sued for Unregistered Securities After ICO

Giga Watt, a startup that held an ICO to fund a bitcoin mining facility, is being sued for allegedly conducting an unregistered securities offering.

Policy & regulation  ·  3 January 2018
Bitcoin Mining

Texas Slaps Bitcoin Investment Firm With Cease-and-Desist

Texas has obtained a cease-and-desist order against an investment firm it says is unlawfully pitching bitcoin mining investment plans in the state.

Policy & regulation  ·  21 December 2017
Japan

GMO Internet’s Crypto Mining Facility Is Up and Running

GMO Internet, a publicly listed IT firm in Japan, has officially launched its cryptocurrency mining operation.

Business  ·  20 December 2017
Bitcoin Mining

Bitcoin Prices Spark Demand for Washington’s Cheap Electricity

The Central Washington region of the U.S. has reported surging demand from bitcoin miners for its cheap hydropower as price gains continue.

Business  ·  8 December 2017
Bitcoin

Chinese Power Provider Denies Bitcoin Mining Ban

A state-owned electric utility in China is rebuffing rumors that bitcoin mining has been deemed illegal by the government.

Policy & regulation  ·  14 November 2017
Bitcoin

Arkansas Sheriff’s Office Mines Bitcoin to Fuel Dark Web Investigations

A sheriff's office based in Arkansas is taking a novel approach to its investigations into online crime: mining bitcoin.

Policy & regulation  ·  30 October 2017
Bitcoin

Bitcoin Gold Initiates Hard Fork Split to Create New Cryptocurrency

A cryptocurrency project seeking to chart a new course for bitcoin has officially launched, though the project is not yet live.

Tech  ·  24 October 2017
Bitcoin Mining

Former Bitmain Chip Designer Seeks to Revoke Mining Giant’s Patent

A former employee is engaged in a tit-for-tat battle with mining giant Bitmain over the alleged misuse of intellectual property.

Business  ·  17 October 2017
Bitcoin

Council Staffers Fired for Bitcoin Mining in Crimea

Two employees of the Council of Ministers in Crimea have been fired after getting caught mining bitcoins on official computers.

Tech  ·  5 October 2017
Japan

E-Commerce Giant DMM to Launch Bitcoin Mining Venture

The popularity of cryptocurrencies in Japan continues to grow, with e-commerce and digital services firm DMM moving into the bitcoin mining industry.

Business  ·  12 September 2017
Japan

Japan’s GMO Internet Reveals Cryptocurrency Mining Plan

Japan's GMO Internet is launching a new bitcoin mine in Europe, months after it launched a cryptocurrency exchange.

Business  ·  8 September 2017
China

Manufacturing Giant Midea Wants to Put Bitcoin Miners in Household Appliances

Chinese manufacturer Midea Group is trying to patent a way to build bitcoin mining chips into everyday household items, according to public records.

Policy & regulation  ·  24 August 2017