Mining

Iran Has Not Issued Any Licenses for Importing Crypto Mining Equipment

The Islamic Republic of Iran Customs Administration has not issued any licenses for importing cryptocurrency mining devices into the country

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: […]

The post 7 Unorthodox Ways to Mine Bitcoin appeared first on Bitcoin News.

Privacy-Focused Coin Zcash Forks Into New Blockchain Network Ycash

Ycash forked off Zcash blockchain at block height 570,000 and is independent from both the Electric Coin Company and the Zcash Foundation

Bitcoin Mining Helps Oil Companies Reduce Carbon Footprint

Burning Wasted Gas to Mine Bitcoin Promises to Become a Booming BusinessNatural gas acquired as a byproduct of oil extraction has become synonymous with wasted energy. In certain areas, drilling companies are unable to find a profitable market for the excess fuel. It’s often vented into the atmosphere. Startups are now offering on-site systems that utilize the surplus to mine cryptocurrencies. This new business is growing […]

The post Bitcoin Mining Helps Oil Companies Reduce Carbon Footprint appeared first on Bitcoin News.

Sanctions-Hit Iran A ‘Heaven’ for Bitcoin Mining, Says Gov’t Official

Iranian authorities are wrestling with the rising number of citizens turning to Bitcoin mining and usage as a means of coping with a sanctions-crippled economy

Cryptocurrency Grin Follows Through With Anticipated July 17 Mainnet Hardfork

Grin has completed its first hardfork as scheduled, with the stated aim of continuing to prevent ASIC mining as well as sporting some Grin wallet upgrades

Polychain Leads $7 Million Round in Crypto Trading Desk Altonomy

Altonomy, a trading desk and cloud mining company, has raised $7 million in equity investment.

BTC and LTC Halving ‘Shock’ May Be Mitigated by Merged Mining: Report

Halvings of block rewards for BTC and LTC mining could be mitigated by merged mining: new report by Binance Research

Chinese Police Seize 4,000 Crypto Mining Units After Energy Spike

Police in China arrested 22 suspects involved in illegal crypto mining resulting in energy loss worth of nearly $3 million

Bitcoin Mining Industry Is Booming as Difficulty Soars 14% to New High

Mining difficulty on the Bitcoin network has taken its steepest upturn in almost a year, surging by over 14% to hit 9.06 trillion

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