Cryptocurrency companies active in the world of cloud mining always face an uphill struggle. It is evident things are not looking all that great as of right now. HashFlare, one of the bigger cloud mining providers as of right now, has confirmed that it will not resume Bitcoin mining for the time being. HashFlare Calls […]
HashFlare was one of the most popular services offering Bitcoin cloud mining until they abruptly terminated all Bitcoin mining contracts on 20 July 2018. Apparently, there is a clause in their terms of service that if maintenance and electricity fees become higher than mining revenue then they have the right to permanently terminate mining contracts. […]
Cryptocurrency cloud mining service HashFlare has halted mining services on current SHA-256 contracts due to difficulties with generating profits
Argo Blockchain has announced plans to be listed on the London Stock Exchange, becoming the first crypto-focused company to do so. The UK-Canadian firm hopes to raise $20 million from the listing at a valuation of $40 million, and Switzerland’s Mirabaud Securities will act as the corporate broker for the company. Argo Blockchain offers mining-as-a-service […]
Just recently the tech giant Apple has revised its App Store policies concerning cryptocurrency applications offered within the platform marketplace. The new rules are a bit stricter and apply to cryptocurrency wallets, exchanges, and platforms that facilitate Initial Coin Offerings (ICOs). Also Read: Three Luxury Apartments Sold for 420 BTC in the Coastal Region of Montenegro […]
With digital currency gaining in popularity worldwide, additional mining operations and farms have started to appear despite looming bans on the practice. Understanding The Ban While many see bans on crypto mining as a hindrance to entrepreneurship and the crypto space, in actuality, it’s an effort to protect and enhance cities, states, and countries’ natural, historic, cultural, […]
The Philippines securities watchdog has warned that it will regulate cryptocurrency cloud mining contracts under existing securities rules.
India has proven to be a major region for Bitcoin activity. Not all of the ventures in this country are completely legitimate, unfortunately. Two leaders of a notorious cryptocurrency scam were arrested earlier this week. Amit and Vivek Bhardwaj are the individuals responsible for creating some of the Bitcoin MLM schemes active in India. Ending… […]
August is when GMO Internet says it could formally kick off its cloud mining service.
Multiple major entities around the globe show an interest in Bitcoin mining. That in itself is pretty interesting to keep an eye on. When players like Atlas Cloud Enterprises decide to get involved, things can change very quickly. The company has acquired a total of 1,000 Bitcoin miners. All of these devices are based on […]
Finding a reliable cloud mining service provider is not an easy feat. A lot of companies are shady or stop paying out after a while. Genesis Mining has been around for several years now, and they continue to provide a reliable service0. Although not everyone is a big fan of this service, cryptocurrency mining is […]
China’s crypto mining pool ViaBTC increases its maintenance fee ratio for AntMiner S9 cloud mining contract, citing mining resource scarcity in China.
Cryptocurrency cloud mining has always been problematic, both for companies and customers alike. Nearly every company in this industry is or turns into a major Ponzi scheme at some point. One of the few legitimate companies to date is Genesis Mining, but it looks like some of its customers are not too sure about the future of […]
Finding a legitimate cryptocurrency cloud mining service has proven to be difficult. The number of legitimate companies can be counted on one hand. Some people feel Coinomia is one of those legitimate companies, although one user reached out to us to tell a different story. This is a second-hand report, and we will continue to […]
Major mining pool and bitcoin exchange Viabtc has announced the launch of their new mining pool designed for “Bitcoin Cash” (BCC). These tokens are the result of plans to hard fork Bitcoin and run the Bitcoin ABC client. Also read: Segwit2x Beta Released and New UAHF Code Proposal `ABC´ Removes 1MB-Limit Viabtc Introduces the Bitcoin […]