Browsing the "Bitcoin Mining" Tag

Dutch Man Arrested Over $2.2 Million Bitcoin Mining Fraud

| Yogita Khatri

A man has been arrested in the Netherlands for allegedly scamming investors out of over $2.2 million in a fake bitcoin mining scheme.

What a Bitcoin ‘Reorg’ Is and What Binance Has to Do With It

| Christine Kim

The suggestion to reverse transactions on the bitcoin blockchain has caused an uproar on social media with several community members espousing such…

Bitmain Discloses 88% Reduction In Own Bitcoin Mining Power

| Wolfie Zhao

Bitmain's internal bitcoin mining operations are generating 88 percent less computing power than a month ago, suggesting the industry giant has cut…

Bitcoin Mining’s New Bidding War

| Wolfie Zhao

The cost of secondhand cryptocurrency mining equipment in China has nearly doubled in the last few weeks in response to bitcoin’s price jump.

Bitfury, Swiss Investment Firm Launch Regulated Bitcoin Mining Fund

| Yogita Khatri

Bitfury and Swiss investment firm Final Frontier have launched a bitcoin mining fund after it was authorized by an EU regulator.

China’s New Policy Isn’t An Automatic Bitcoin Mining Ban – Here’s Why

| Wolfie Zhao

Despite breathless headlines, a recent proposal by China’s economic planners would not automatically ban bitcoin mining.

China’s Economic Planning Body Labels Bitcoin Mining an ‘Undesirable’ Industry

| Wolfie Zhao

A Chinese government agency in charge of macroeconomic policies is labeling bitcoin mining as an "undesirable" industry in a draft economic proposal.

Bitcoin Miners Are Investing Again, Expecting a Cheap Power Boom Soon

| Wolfie Zhao

Bitcoin miners in China are betting that abundant water this summer will make their business profitable again.

GMO Internet’s Crypto Business Reports $12 Million Loss in 2018

| Yogita Khatri

Japanese IT giant GMO Internet has reported an operating loss of nearly $12 million for its crypto business in 2018, with mining worst hit.

Bitfury Partners to Launch Bitcoin Mining Centers in Paraguay

| Yogita Khatri

Bitfury has teamed up with a South Korean firm to mine bitcoin using cheap, clean hydro power in Paraguay.