Bitcoin Mining

What’s behind Eastern Europe’s crypto boom?

The cryptocurrency craze seems to have stagnated in recent months, following a peak at the end of last year that saw Bitcoin reach an all-time high of $19,783.06, and Ethereum and Ripple make percentage gains of around 9,200 percent and 35,000 percent, respectively, in 2017. Yet interest in digital …

Business

Top Five Biggest Crypto Mining Areas: Which Farms Are Pushing Forward the New Gold Rush?

The mining industry is probably the oldest activity related to cryptocurrency. It all began in 2009, when Satoshi Nakamoto generated the first block …

Bitcoin

Genesis Mining Opens Bitcoin Mining Contracts Again

Genesis Mining, the largest cloud mining provider in the space, announced last week the relaunch of their popular Bitcoin cloud mining contracts. …

Bitcoin

Bitcoin Magazine’s Week in Review: Fortunes and Fallacies

This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin …

Cryptocurrency

Bitcoin Inside: Crypto Mining Farm to Open in Former Intel Facility

<b>California-based 3G Venture II has paid $13 million for a significant portion of an old Intel chip plant in Colorado Springs, which it intends of</b> …

Bitcoin

Chinese Police Seize 200 Bitcoin, Ethereum Mining Rigs Over Electricity Theft

Advertisement<p>Chinese police have reportedly seized over 200 computers used to mine bitcoin and ethereum in a crypto-mining operation that allegedly …

Bitcoin

Proof of Rental (or Shared) Work

In this article we would like to introduce a new variant of Proof of Work, with the aim of mitigating the mining power centralization problem and the …

Bitcoin

Can GPU Prices And Supply And Demand Find A Balance In The Market?

According to a report by Venture Beat, now may be the time to pull the trigger on that GPU purchase you have been holding off on. With cryptocurrency on the decline and the mining industry pulling back its expenditures on GPUs, you could spend less on a graphics card than ever before.<p>The market is …

Artificial Intelligence

Chinese Police Arrest Bitcoin Miner Who ‘Stole’ 150 MW of Electricity

A Chinese man has found himself in police custody after attempting to steal electricity to fund his unprofitable Bitcoin mining operation, local …

Cryptocurrency

Luxury Brands Are Testing the Tech That Powers CryptoKitties

Sure the cypherpunks love CryptoKitties, but turns out luxury fashion brands are also taking a shine to the digital fluffballs.<p>Or at least, they're …

Cryptocurrency

Today In Cryptocurrency: Japan Money Laundering Crackdown, Market Flooded With ICOs

The cryptocurrency market finished yet another week on a low note Friday, with most major cryptocurrencies trading down more than 8 percent on the …

Cryptocurrency

Markets Update: Cryptocurrency Prices Tumble Before the Weekend

<b>Cryptocurrency markets are slumping today as most digital asset markets are seeing losses between 8-20 percent over the past 24-hours. Lots of</b> …

Cryptocurrency

Big Tech Isn’t the Problem With Homelessness. It’s All of Us

The icons of downtown San Francisco are the same whether you’re looking at the buildings or at your phone. In the blocks around the undulating, …

Science

Abundant Renewable Energy Makes Iceland a Crypto Mining Powerhouse

Few countries around the world lend themselves to cryptocurrency mining. Iceland has always been a key region in this regard. Although it was never …

Bitcoin

HIVE Blockchain: The Mining Company Providing The Backbone For Cryptocurrency

It’s no secret that the Bitcoin boom has rapidly evolved to transform the way we imagine global currency in a digital world. As cryptocurrency continues becoming a normalized alternative to cash, coins and credit cards — more merchants are accepting this digital money as a viable payment …

Bitcoin

Giga Watt And WTT Token Explained

Giga Watt and WTT token origination<p>Headed by Dave Carlson, Giga Watt is one of the largest cryptocurrency mining companies in the USA. Carlson was …

Cryptocurrency

Decentralized Blockchain Governance

We, the EOS community, have embarked on a grand experiment to see if a global community can govern itself without the well documented pitfalls of …

Blockchain

It's Bitcoin in a box as Nordcoin introduces Mobile Mining Containers

<b>It's a moveable feast of cheaper, cooler, greener electricity for building blockchains</b><p>Shipping containers are wonderful things that have changed the …

Sustainability

“No Grounding In Reality”: BIS Report Tells A Strange Crypto Story

Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns …

Bitcoin

Researchers Find 21,000 Exposed Container Orchestration Systems

<b>Researchers Discovered More Than 21,000 Container Orchestration and API Management Systems Exposed to the Public Internet</b><p>Public cloud and container …

Virtualization

Filipino Bank to Launch Japan Remittances Using IBM and Partners

The Philippines’ RIZAL COMMERCIAL Banking Corp (RCBC) announced plans to launch blockchain remittances to Japan June 20 in a partnership with two …

Mockups

Central bankers say cryptocurrencies could face ‘complete loss of value’

It’s been a tough few days for cryptocurrency enthusiasts. After research by the University of Texas last week suggested the Bitcoin craze of 2017 …

Cryptocurrency

The Four Most Expensive Words in the English Language

There are currently a number of attempts to deploy a cryptocurrency-based decentralized storage network, including MaidSafe, FileCoin, Sia and …

Blockchain

Everything you know about Bitcoin is thanks to this Czech grandpa

The Wikipedia page’s most prolific editor doesn't even own cryptocurrency.<p>Ladislav Mecir is a 57-year-old computer programmer who lives in the small …

The Future

Hydro-Quebec hikes electricity price for cryptocurrency miners

Quebec will make electricity prohibitively expensive for cryptocurrency miners until it figures out how to deal with a surge in demand from the energy-hungry industry.<p>Provincial regulator Regie de l’energie authorized utility Hydro-Quebec to charge 15 cents per kilowatt hour to blockchain …

Cryptocurrency

Bi-Weekly Economic Review: Examining Rates

Is the rate hiking cycle almost done? Not the question on everyone's minds right now, so a good time to ask it, I think. A couple of items caught my …

Business

Million-Dollar Box Conjures Up a Fortune for Bitcoin Visionary

A former New York hedge-fund titan deployed his giant, million-dollar BlockBoxes to Canadian tar-sands country. A Chinese fintech pioneer runs his …

Cryptocurrency

Exposed Container Orchestration Systems Putting Many Orgs at Risk

More than 22,600 open container orchestration and API management systems discovered on the Internet.<p>New research confirms that many organizations are …

DevOps

A new report claims bitcoin could break the internet — the crypto world thinks it's missing the point

LONDON — Who's right about bitcoin: the Bank of International Settlements (BIS) or cryptocurrency advocates?<p>The BIS, which is often dubbed the central bank of central banks, released a chapter from its upcoming annual report on Sunday dismissing bitcoin as "a poor substitute for the solid …

Tech Trends

BIS Blasts Cryptos In Special Report: "Beyond The Hype"

<i>The BIS blasts cryptos over scaling issues, energy, and trust. The BIS is correct. Cryptos are fatally flawed as money.</i><p>A Bank of International …

Blockchain