A new cryptocurrency mining facility opened in Armenia on Oct. 18. The $50 million farm will extract bitcoin and ethereum using 3,000 machines, according to local media reports. Around 120,000 more miners are to be added in the months to come. Also read: Marks Jewelers Now Accepts Bitcoin Cash For Payments Multi Group and Omnia Establish […]
Unicef Australia has launched a platform through which third-party donations are made in the form of in-browser computing power which is used for cryptocurrency mining. The website, The Hopepage, allows donors to designate a set percentage of computing power to divert to mining Monero on behalf of Unicef. Also Read: Peter Thiel’s Founders Fund Thinks Institutional […]
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Venezuela’s president Nicolas Maduro has called for 10 other countries to adopt his planned oil-backed cryptocurrency, the petro. This move follows the country’s parliament declaring the issuance of this new currency illegal. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Maduro’s Proposal Maduro held a meeting of the […]
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RT has reported that citizens of the Russian city of Irkutsk in Siberia have been using cryptocurrency mining to heat their homes. Irkutsk has attracted many cryptocurrency miners due to the city’s cheap power prices. Also Read: Bitcoin ATMs On the Rise in Russia Two Irkutsk Entrepreneurs Have Developed an Underfloor Heating System Connected to Mining […]