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. […]
The Ukraine National Securities and Stock Market Commission (NSMCS) has indicated that the Financial Stability Council (FSC) is considering further crypto regulation in that country. The FSC is the Ukrainian body responsible for assessing and minimizing risk in the country’s national financial sector. The council comprises of the Governor of the National Bank of Ukraine, […]
Quebec, now becoming fast becoming North America’s mining hub due to its cheap energy prices, is under pressure to clarify exactly what Hydro-Quebec has planned for the province’s future; a recent interview with the public utility reveals some of the misconceptions and truths behind recent public criticism. Much of the criticism has come from the […]
Cryptocurrency cloud mining service HashFlare has halted mining services on current SHA-256 contracts due to difficulties with generating profits
The US state of Texas and oil seem completely synonymous, with even a long-running TV series based around the black stuff, but now it seems there’s another money spinner in town; crypto mining. It seems that more and more Texans are taking to small-scale home-operated crypto mining according to the Dallas Morning News, and leaving […]
Electronics titan Samsung has announced that its Baltic stores now accept multiple cryptocurrencies as a means of payment via the blockchain-based CopPay platform
During a subcommittee for the House of Representatives Financial Services Committee on Wednesday, California Democrat Brad Sherman boldly declared his belief that all cryptocurrency mining and trades should be banned across the US. Sherman’s arguably excessive comments went so far as to inaccurately determine the primary use of cryptocurrencies for tax evasion, and even for rogue […]
Global semiconductor manufacturer TSMC has agained lowered its annual revenue forecast due to slowing demand from cryptocurrency miners
The State Bank of Vietnam will suspend imports of cryptocurrency mining hardware to prevent the use of crypto as payment
The country’s central bank has agreed to a proposed suspension of cryptocurrency miner imports, a local new source reported on Thursday.
Bitmain is tripling the size of its Israeli development center located in Ra’anana, adding 40 programmers, engineers, and marketing experts to the pre-existing team of 15 people. Bitmain’s Israeli development center was established in 2016, and focuses on operating the ConnectBTC mining pool, developing blockchain technology, and artificial intelligence (AI). The manager of the Bitmain […]
Illicit crypto-miners and ransomware have swapped places in popularity among cybercriminals, says a security firm.
A team featuring former executives from Samsung Electronics is starting a new mining pool which aims to enhance profits but preserve power #SPONSORED
A Bitcoin mining scheme working under the Kodak brand has ceased operations, while Kodak has told the BBC it never officially licensed the project. The Kodak KashMiner was launched in January this year and featured on the official Kodak stand during the CES technology show in Las Vegas. Critics accused the scheme of advertising unachievable profits and misleading […]
The Kodak-branded KashMiner crypto mining project will not launch, following scam accusations, licensing issues, and intervention by the U.S. SEC