According to a Chinese language Economic Daily News report, graphics cards and ASIC mining systems are expected to see a short-term surge in orders from the crypto mining sector in Sichuan province, where reportedly over seventy percent of the mining systems are located in China. Sichuan province has been hit by continuous heavy rainfalls in […]
Iceland’s alleged bitcoin mining computer thief Sindri Thor Stefansson, who escaped from prison last week, was arrested in Amsterdam Monday.
Sindri Thor Stefansson, the alleged culprit behind the theft of 600 cryptomining computers, escaped from prison earlier this week.
Blockchain technology is making inroads in many different industries. Samsung, a global technology leader, is now keeping a close eye on this technology. The company plans to incorporate distributed ledgers to manage its global supply network. Samsung also shows a keen interest in manufacturing cryptocurrency mining equipment. The Impact of Blockchain Technology Cryptocurrencies have introduced… […]
The New York State Public Service Commission (PSC) has ruled that upstate power companies can charge bitcoin miners higher electricity rates who may be trying to take advantage of the state’s cheap electricity supply. Power Up Last week, it was reported that Plattsburgh city in upstate New York had imposed a temporary 18-month bitcoin mining ban, […]
Roughly 600 cryptomining computers were stolen from four Icelandic data centers, police report.
According to a recent interview with the Deputy Prime Minister of Russia, Yury Trutnev, Russia’s central bank has approved the country’s first cryptocurrency exchange, called “Voskhod.” Also read: Bitcoin Is Becoming a Popular Investment for Middle-Class Americans Russian Bureaucrat Claims the Central Bank Has Approved a Cryptocurrency Exchange Russia seems to be getting extremely close to […]
The Bitcoin community is getting impatient of Bitcoin Core. Thanks to delayed transactions and increasing Bitcoin miner fees. The digital currency has been suffering from mempool backlogs for some time now. Bitcoin transactions in many cases are taking as long as 24 hours to receive confirmations in the current scenario. These unresolved issues, which has […]
Throughout the years, there has been a lot of discussion on whether or not people should receive an incentive for supporting the Bitcoin network by running a full node. Even though there is no need to reward people for these steps, new ideas to change that situation keep popping up now and then. One particular […]
With multiple mining pools giving Bitcoin miners a say in the matter of whether they want to support Bitcoin Core or Bitcoin Classic, it was only a matter of time until some of the preliminary results were published. Based on the information we have received from Slush Pool, there seems to be a large amount […]
There is no denying the current Bitcoin block size debate is subject to a lot of different opinions and ideas. However, it is hard for the average Bitcoin user to make their voice be heard, as there is a lot of Reddit censorship going on. Various mining pools have taken it upon themselves to let […]
With all the hardware power and electricity that bitcoin mining requires, some have raised the issue of environmental damage caused by this activity. Is bitcoin mining really bad for the The post Can Bitcoin Mining Harm the Environment? appeared first on NEWSBTC.
Bitcoin miners servicing GAW were sued by Mississippi Power Company (MPC) for non-payment and breach of contract earlier this month, with the company seeking close to $350,000 including interest and court The post GAW Bitcoin Miners Sued by Mississippi Power Company appeared first on NEWSBTC.
Could malware be injected into the blockchain and be used to steal user’s private keys? Cyber security firm Kaspersky Labs seems to think so.
The US Marshals Service announced that 14 bidders participated in yesterday’s auction of 50,000 BTC, a university study suggests that most BTC miners lose money, and more top-stories for March 6.