Mining

Regulation

China’s Crypto Miners Struggle to Pay Power Bills as Regulators Clamp Down on OTC Desks

Miners in China have reportedly been struggling to pay for electricity after authorities started cracking down on OTC brokers in the country.

Policy & regulation  ·  16 November 2020
Russia

Russian Hydropower Giant Opens Bitcoin Mining Farm

En+, one of the world's largest energy producers, is joining forces with crypto firm BitRiver to open new mining farms in Russia.

Business  ·  5 November 2020
CoinFlash

Ethereum Fees Plummeted 65% in October Following DeFi Volumes Back to Earth

Miners' income from processing transactions on the Ethereum blockchain more than halved in October as the mania for DeFi cooled.

Tech  ·  3 November 2020
Mining

Technician Used Airport’s Computers to Mine Ethereum in Italy: Report

A technician at the Lamezia Terme airport in Italy was discovered using the airport's computers to illegally mine ether (ETH).

News  ·  1 November 2020
Lending

Desperation Among Filecoin Miners Creating a Big Market for FIL Borrowing

The Filecoin network is facing liquidity problems, forcing some miners to borrow the native token at outrageous rates.

Markets  ·  30 October 2020
CoinFlash

Iran Amends Law to Allow Imports to Be Funded With Cryptocurrency

Strapped for international currencies, Iran is turning to cryptocurrency to allow imports to continue flowing.

Policy & regulation  ·  29 October 2020
Russia

A New Company Claims It’s Opening the Biggest Mining Farm in Russia

MineSpot, a company previously unknown in the crypto mining industry, is opening a 160-megawatt mining venue in Siberia.

News  ·  23 October 2020
CoinFlash

Filecoin Network Upgrade Goes Live, Miners Claim 25% Block Rewards

The mandatory upgrade is the first post-launch upgrade to the Filecoin network.

News  ·  23 October 2020
China

Filecoin Miners Go On Strike One Day After Mainnet Launch, Prompting Early Reward Release

Some of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations.

Policy & regulation  ·  19 October 2020
Russia

A Russian Company Is Opening a Mining Farm in the Arctic

The Arctic mining farm will host ASICs for customers, who will be charged for their electricity consumption.

News  ·  14 October 2020
CoinFlash

Riot Buys 2,500 More Bitmain Miners in Latest Fleet Expansion

The publicly traded bitcoin miner aims to quadruple its current hashrate by mid-2021.

News  ·  7 October 2020
Mining

Fidelity, Vanguard, Schwab Funds Have Been Loading Up on Crypto Mining Stocks

Stock of three major cryptocurrency mining firms are appearing in Fidelity, Vanguard and Charles Schwab mutual funds.

Business  ·  5 October 2020
Ethereum

DeFi Has a Front-Running Problem. Sparkpool's Potential Fix Is Launching This Month

Ethereum mining pool Sparkpool will launch its new mining network, Taichi Network, complete with a “private transaction” feature this month.

Tech  ·  1 October 2020
CoinFlash

Record $166M Ethereum Fees Last Month Were 6 Times Bigger Than Bitcoin’s

Ethereum continues to outpace Bitcoin in transaction fees, with DeFi mania helping push total fees to $166 million last month.

Tech  ·  1 October 2020
CoinFlash

DeFi Buzz Drove Record $12M Earnings This Summer, Says Ethereum Miner HIVE Blockchain

The ether miner has reported its best ever quarter, saying that surging interest in DeFi led to bumper transaction fee revenues.

Business  ·  1 October 2020