Mining

Norwegian Mining Company Receives Bomb Threat in Escalating Noise Complaint

7 hours ago admin2 0
Kryptovault, a Norwegian company specializing in “large-scale cryptocurrency mining and data center operations,” has recently received a bomb threat amid escalating noise complaints pertaining to its virtual currency mining. Norwegian Cloud Mining Company Receives Bomb Threat Norwegian mining and data center company, Kryptovault, has reportedly received a bomb threat amid intensifying complaints of noise pollution. Read More

Bitcoin Mining Farm in Norway Receives Bomb Threat as Noise Complaints Mount

1 day ago admin2 0
It appears that the cryptocurrency revolution is not all that welcome in Norway, with a bitcoin mining facility in a remote part of the country receiving a bomb threat. According to the Vakdalposten newspaper, the mining company, which is called Kryptovault and operates in the cities of Follum, Honefuss, and Dale, received the bomb threats Read More

Genesis Mining Compels Certain Customers to Upgrade BTC Mining Contracts

1 day ago admin2 0
Iceland-based hashpower hosting service Genesis Mining is compelling some of its customers to upgrade their Bitcoin (BTC) mining contracts following this year’s significant cryptocurrency price decline, according to an August 17 statement. In 60 days, the company will terminate services for open-ended contracts that mine less than the daily maintenance fee. Genesis claims that the Read More

Vietnamese Stop Importing Bitcoin Mining Rigs as Import Ban Looms

5 days ago admin2 0
Vietnamese businesses and individuals have stopped importing bitcoin mining equipment into the country since the beginning of July, according to the Ho Chi Minh City Customs Department. This follows the government’s efforts to pass a law banning the import of bitcoin mining rigs into Vietnam. Mining Rig Imports Stop Business and individuals in Vietnam used Read More

Ethereum Classic’s Comeback, Bitmain’s $18 Billion IPO, and Goldman’s Bear Tear: This Week in Crypto

6 days ago admin2 0
Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this week’s edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify or wherever you get your podcasts. Price Watch: The bitcoin price is down 12% this week following a loss of 15% last week. Bitcoin had been hovering around Read More

Analysts: Despite Crypto Mining Decline, Nvidia Will See Increased Revenue This Quarter

6 days ago admin2 0
Analysts polled by FactSet suggest that Nvidia will see increased revenue this quarter despite “waning” cryptocurrency mining, Marketwatch reported August 10. The purported increase is due to strong demand for gaming devices and data-centers. While analysts suggest that the company’s revenue from crypto mining hardware will decline, the U.S.-based graphic processing units (GPU) manufacturer will Read More

Bitmain Releases New Crypto Mining Internet Routers for Dash and Siacoin

1 week ago admin2 0
Bitmain has announced the launch of two internet routers that can mine Dash and Siacoin. In a tweet shared online, the company said the new miners, known as the Antrouter R3-DASH and Antrouter R3-SIA, will function as internet routers that can mine cryptocurrencies at the same time using the devices’ idle processing power. The routers Read More

Crypto Unicorn Bitmain Weighs $18 Billion IPO, One of World’s Largest

1 week ago admin2 0
Bitmain Technologies, Ltd. is about to go public. According to documents obtained by CoinDesk, the cryptocurrency mining company is filing for an initial public offering (IPO) potentially as high as $18 billion this September at a market capitalization of $40 to $50 billion. It will be underwritten by China International Capital Corporation and listed on Read More

Canaan Launches First Bitcoin Mining TV

1 week ago admin2 0
Imagine turning your TV set on and having it generate a small amount of money while you watch your favorite show. That is now possible thanks to Canaan’s latest development. Canaan creative is launching “the Bitcoin Mining Television,” and just like other house appliances that have a mining component, this device will allow you to Read More

Attacker Installs Crypto Mining Malware on Over 170,000 Devices

1 week ago admin2 0
More than 170,000 devices in Brazil were targeted in a cryptojacking attack last month. According to a blog post published by security firm Trustwave, a wide-scale cyberattack was launched on MicroTik routers late last month. The effort led to the installation of the Coinhive mining software in a “mass” infection of more than 17,000 devices. Trustwave security researcher Read More