Tag: Mining

A New Bitcoin World

Venezuelan Authorities Shut Down Power Supply to Bitcoin Miners in Key State

caraboboRegional authorities in one of the key states of the country, Carabobo, suspended the power supply of all registered miners, effectively shutting down their operations in the industrial state. While there have been no official explanations for this measure, some people with knowledge on the matter state the action was taken due to the enormous […]


August 10, 2021 0

Venezuelan Guards Seize 76 Bitcoin Mining Rigs Due to ‘Inconsistencies’ in Transport Documents

Venezuelan Guards Seize 76 Bitcoin Mining Rigs Due to 'Inconsistencies' in Transport DocumentsThe Bolivarian National Guard of Venezuela (GNB) is known for having a tough stance against crypto mining rig counterfeits, as several operations have been assigned to combat the issues over the last few months. This time, the Venezuelan authorities seized 76 mining rigs after allegedly detecting inconsistencies in the transport documentation. Rigs Are Presumably ASIC […]


April 13, 2021 0

A Beginner’s Guide to Dogecoin Mining: How to Mine Doge for Under $20

A beginner’s walkthrough for Dogecoin Mining. See what it takes to get started mining Dogecoin and other Scrypt cryptocurrencies.

The post A Beginner’s Guide to Dogecoin Mining: How to Mine Doge for Under $20 appeared first on CoinCentral.


January 15, 2021 0

Genesis Mining Is Converting Excess Bitcoin Datacenter Heat Into Greenhouse Power in Sweden

Genesis Mining Is Converting Excess Bitcoin Datacenter Heat Into Greenhouse Power in SwedenOne of the largest bitcoin mining operations in the world, Genesis Mining, has been working on an experiment with Systemair, Lulea Technical University, Research Institute of Sweden, and the local Boden municipality. The teams in Sweden are developing a system that converts excess heat from Genesis’s bitcoin mining to power greenhouse operations. Bitcoin mining is […]

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December 20, 2020 0

Venezuelan Army Starts Mining Bitcoin for ‘Unblockable Income’

Venezuelan Army Starts Mining Bitcoin for 'Unblockable Income'The Venezuelan Army has inaugurated a cryptocurrency mining center with bitcoin mining equipment aimed at generating “unblockable income,” as the country attempts to bypass U.S. sanctions. The crypto mining center has the support of the country’s crypto regulator, Sunacrip. Venezuela’s Army Starts Cryptocurrency Mining The Venezuelan Army’s cryptocurrency mining center was inaugurated on Nov. 19 […]

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November 30, 2020 0

Venezuela Passes Law Legalizing Crypto Mining, Forces Miners to Join National Mining Pool

Venezuela Passes Law Legalizing Crypto Mining, Forces Miners to Join National Mining PoolReports say Venezuela has now legalized bitcoin mining following the decree recently issued by the National Superintendency of Crypto Assets and Related Activities (Sunacrip). As part of the new regulations, all entities and individuals interested in legally mining bitcoin and other cryptocurrencies must now apply for a license from the agency. According to a report, […]

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September 24, 2020 0

1 Cent per Kilowatt-Hour: China’s Sichuan Province Encourages Hydro-Powered Bitcoin Mining

1 Cent per Kilowatt-Hour: China's Sichuan Province Encourages Hydro-Powered Bitcoin MiningThe local government of Ya’an city, in China’s Sichuan province, has announced the region is encouraging bitcoin mining in Sichuan if operations leverage the local hydropower plants. The document released by Ya’an city officials is in stark contrast to how Sichuan lawmakers felt about mining in 2018. Back then the government and China’s central bank […]

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April 28, 2020 0

How to Mine Bitcoin in 2020

How to Mine Bitcoin in 2020Bitcoin mining is a great way to earn cryptocurrency while providing a valuable service to the global network of users. Miners can set up a hardware operation by themselves or join forces with a large venture via cloud mining. If you are looking to enter this field in 2020, here is what you need to […]

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February 19, 2020 0

7 Unorthodox Ways to Mine Bitcoin

7 Unorthodox Ways to Mine BitcoinBitcoin isn’t crazy – in fact it might just be the soundest monetary system this generation has ever known. Some of the techniques miners have devised to extract it, however, are extremely unorthodox, ranging from the ingenious to the downright crazy. Here are seven of the strangest attempts at extracting bitcoin ever conjured. Also read: […]

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July 20, 2019 0

Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners

Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption and has warned that illicit mining facilities will be cut off from the grid. Also Read: […]

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June 25, 2019 0