Iran Issues More Than 1,000 Cryptocurrency Mining Licenses
The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, … Read More
Bitcoin Miner Riot Blockchain Announces Additional 1,000-Rig Purchase
Cryptocurrency mining firm Riot Blockchain announced the purchase of an additional 1,000 next-generation Bitmain S17-Pro Antminers on Dec.12. This completes the upgrade of its Oklahoma City mining facility, following an initial purchase … Read More
Bitcoin mining firms merge to build worlds largest purported mining farm in 2020
German Bitcoin (BTC) mining firm Northern Bitcoin has entered a merger agreement with United States-based competitor Whinstone to jointly build what will supposedly be world’s largest mining farm. According to … Read More
China Removes Bitcoin Mining From Unwanted Industries List
Inspired by its new fascination with blockchain, China now seems to have changed its mind about cryptocurrency mining. The latest version of a national macroeconomic plan indicates that the government … Read More
Why Bitmain Is Building the World’s Largest Bitcoin Mine in Rural Texas
Bitmain, the world’s largest maker of bitcoin-mining computers, chose an old Alcoa aluminum-smelting plant in Rockdale, Texas, for a new bitcoin mine. The Beijing company says the plant has an … Read More
How Bitcoin Mining Works ?
When you hear about bitcoin “mining,” you envisage coins being dug out of the ground. But bitcoinisn’t physical, so why do we call it mining? Because it’s similar to gold mining in … Read More
Bitmain to Launch the World Digital Mining Map This October
During the World Digital Mining Summit (WDMS) – which will take place in Frankfurt on 8-10 October – Bitmain will launch the first platform to connect mining hardware owners with … Read More