Tag: Bitcoin mining

A New Bitcoin World

Japanese Renewable Energy Provider Offers Low Flat-Rate Electricity for Crypto Miners

Japanese renewable energy provider, Looop, has announced an electricity plan aimed at reducing costs for bitcoin and other cryptocurrency miners. The plan charges a flat monthly fee for electricity usage of up to a certain level in the Tokyo Electric Power Company service area. Also read: Japan’s Largest Bitcoin Exchange Bitflyer Launches Bitcoin Visa Prepaid Card […]

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October 9, 2017 0

North Korea Accused of Hacking South Korean Exchanges

North Korea, a nation that has previously been accused of mining bitcoin in order to flout sanctions, is suspected to have hacked a number of bitcoin exchanges in South Korea. The country allegedly stole “100 million won ($88,100) in bitcoin from 2013 to 2015 as part of its efforts to increase the country’s hard currency,” […]

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September 29, 2017 0

GMO to Invest 10 Billion Yen in Its Own 7nm, 5nm and 3.5nm Dedicated Bitcoin Chips

GMO Releases Details of 7nm ASIC Chips and Bitcoin Mining FarmMore details on the Japanese Internet Giant GMO’s plans to enter the Bitcoin mining market have been released. The company has revealed the hardware and performance specifications for its upcoming 7nm process ASIC mining chips which feature very low power consumption requirements. GMO also divulged its plans to produce and sell PC-ready ASIC mining cards […]

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September 14, 2017 0

Vietnamese Hurry to Import Mining Rigs

ViatnmeseVietnamese investors are in a hurry to import crypto mining equipment. As the bitcoin price continues to flourish — despite the Chinese putting a stop to domestic ICOs — investors desperately want mining equipment. However, the legality of bitcoin and cryptocurrency in Vietnam is unclear, and getting miners through customs is difficult.    Also read: Lead Developer […]

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September 12, 2017 0

Japan’s Internet Giant GMO Launching Bitcoin Mining with 7nm Chips

Japan's Internet Giant GMO Launching Bitcoin Mining Empire with 7nm ChipsJapan’s leading internet conglomerate and bitcoin exchange operator GMO has announced that it is expanding into the businesses of bitcoin mining and chip manufacturing. The company revealed plans to produce and sell 7nm semiconductor chips and run a mining facility in Northern Europe. Also read: GMO Releases Details of Bitcoin Trading Platform to Launch on May […]

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September 8, 2017 0

Google Says Russia’s Interest in Bitcoin up 220%, Mining 560%, Ethereum 760%

Google has analyzed cryptocurrency-related search queries of Russian residents for the first half of this year. Searches for bitcoin, ethereum, cryptocurrency, as well as cryptocurrency mining, have all increased substantially. Google has also pinpointed the regions in Russia with the most search growth. Also read: Moscow Stock Exchange Prepares to Trade Cryptocurrency Google’s Analysis Google has performed an […]

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September 3, 2017 0

F2 Pool May Pull Hashrate Support Away From Segwit2x

Lately, there’s been a lot of controversy surrounding the Segwit2x proposal’s upcoming November hard fork. According to reports, the mining organization F2 Pool doesn’t support the 2MB fork, and the pool has also stated it hasn’t been running the BTC1 code. Also read: An Inside Look at Kim Dotcom’s Upcoming Bitcache and K.im Platform F2 Pool […]

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September 1, 2017 0

North Korea Could Be Targeting Bitcoin Exchanges in Hacking Attack

North Korea has allegedly been involved in unleashing cyber attacks against South Korean bitcoin exchanges and other blockchain companies. These attacks are possibly the result of economic sanctions against North Korea.  Also read: Large Korean Conglomerate Gets Into Bitcoin Remittances Post Legalization A United Press International article elaborated; “The CWIC Cyber Warfare Research Center in South […]

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August 25, 2017 0

Venezuelan Bitcoin Mining Continues Despite Government Crackdown

The Atlantic has reported that Venezuelan bitcoin mining continues despite government efforts to crack down on miners. Venezuela has long suffered from extreme hyperinflation, inspiring many Venezuelans to mine cryptocurrency to supplement their incomes. Also Read: Bitcoin Trading in Venezuela Intensifies, Bolivar Still Down and Devalued Bitcoin Mining Is Gaining Popularity in Venezuela in Part Due […]

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August 15, 2017 0

Russia Discusses Starting Cryptocurrency Mining With Its 20+ Gigawatt Surplus

Russia’s First Deputy Prime Minister Igor Shuvalov has revealed that discussions are underway regarding the creation of government centers for cryptocurrency mining, according to local publications. Meanwhile, a bill is being finalized to provide a legal framework for digital currency including bitcoin. Also read: Russia Prepares to Legalize ICOs Government’s Cryptocurrency Mining Centers The Russian First Deputy […]

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August 14, 2017 0