Mining

Bitcoin

Bitcoin Price Decline Prompts US Mining Firm to Shut Down ‘Indefinitely’

Digital Farms is halting operations due to low bitcoin prices, its owner says.

Business  ·  27 March 2020
Russia

Ruble’s Drop Eases Pain of Lower Bitcoin Prices for Russia’s Miners

The global market meltdown has indirectly benefited Russia's bitcoin miners, even as the cryptocurrency's price tumbled along with other assets.

Business  ·  23 March 2020
Ethereum Mining

Thousands of These Computers Were Mining Cryptocurrency. Now They’re Working on Coronavirus Research

The largest U.S. Ethereum miner is redirecting the processing power of 6,000 specialized computer chips toward research to find a drug for the coronavirus.

Tech  ·  19 March 2020
Bitcoin

Bitcoin Volume Gains Traction After 24-Hour Roller-Coaster Ride

Bitcoin prices have been on a roller-coaster ride since Sunday afternoon after the Federal Reserve slashed rates a full percentage point and promised to pump $700 billion into the U.S. economy. But now bitcoin volume is picking up.

Markets  ·  16 March 2020
Crime

Baidu Employee Jailed for Mining Crypto on 200 Company Servers

The search engine developer downloaded monero mining scripts onto 200 of Baidu's servers.

News  ·  16 March 2020
Mining

Exiled Bitmain Co-Founder Is Fighting Back With Second Lawsuit

Micree Zhan, the ousted co-founder of Bitmain, has filed another lawsuit in his fight to regain control of the bitcoin mining giant – this time in China.

Business  ·  9 March 2020
Governance

Ethereum’s ProgPoW Debate Is About Much More Than Mining

The debate over ProgPoW has become a flashpoint for how Ethereum makes big decisions.

Tech  ·  5 March 2020
New York

A New York Power Plant Is Mining $50K Worth of Bitcoin a Day

The power plant believes it will remain profitable even after the halving event in May.

Business  ·  5 March 2020
Crime

Ukraine Justice System Employee Caught Mining Crypto at Work

The IT staffer is alleged to have illegally mined cryptocurrency and run websites from court administration servers.

Policy & regulation  ·  27 February 2020
Mining

No, Concentration Among Miners Isn’t Going to Break Bitcoin

Bitcoin's resilience doesn't depend on widely distributed mining power. It just requires self-interested miners, says CoinDesk columnist Hasu.

Tech  ·  20 February 2020
North Korea

North Korea Is Expanding Its Monero Mining Operations, Says Report

North Korea may be boosting its monero mining efforts to circumvent sanctions and avoid being tracked.

News  ·  12 February 2020
Bitcoin Mining

Bitcoin’s Mining Difficulty Stagnates as Coronavirus Outbreak Delays New Equipment

A key measure of competition among bitcoin miners has stagnated in the past two weeks as the coronavirus outbreak disrupts economic activity in China.

Business  ·  12 February 2020
Regulation

Ukraine Won’t Regulate Crypto Mining, Government Ministry Says

In a new manifesto, Ukraine's Ministry of Digital Transformation has indicated it won't be creating regulations for the crypto mining sector.

Policy & regulation  ·  10 February 2020
Mining

How the Long Tail of the Coronavirus Might Slow Bitcoin’s Hash Power Growth

The shortage of new mining machines caused by the coronavirus outbreak could curb computing power growth from Chinese miners who contribute over 65% of Bitcoin’s hash power.

Markets  ·  5 February 2020
Regulation

Over 1,000 Bitcoin Miners Granted Licenses in Iran: Report

Iran's Ministry of Industries, Mining and Trade has issued more than 1,000 permits to cryptocurrency miners under new licensing requirements.

Policy & regulation  ·  27 January 2020