Latest news about: Mining

In Krasnoyarsk region will be the largest in Russia mining farm

In Krasnoyarsk region will be the largest in Russia mining farm

As reported TASS with reference to Daniel Zakamaldina, General Director of mining company BitBaza, in the Krasnoyarsk region in Siberia will create one of the largest mining farms in Russia. Sakamaki said that the region chose “from the point of view of energy security and cost reduction”. Investment in infrastructure is estimated at 3 billion… More

Epic Fail: Russia greedy miners lost farm value of $ 9.3 million

Epic Fail: Russia greedy miners lost farm value of $ 9.3 million

Employees of the interior Ministry of the Russian Federation with the power support of fighters of Regardie detained two men who organized in the territory of one of the abandoned factories of Orenburg underground farm for mining cryptocurrency. To locate a farm managed in a banal way — on the trail induced the employees of… More

Chinese mining company Canaan Creative will hold IPOs outside the country

Chinese mining company Canaan Creative will hold IPOs outside the country

Canaan Creative, one of the world’s leading manufacturers of equipment for mining, plans to launch an IPO. There is a wonderful expression: “a rising Tide lifts all boats”. It means that when the market is growing, and users are grabbing everything, flawed companies get their moments of glory, and a good company become a cult…. More

Waltonchain published a reward system for miners and owners of master node

Waltonchain published a reward system for miners and owners of master node

Waltonchain the project was launched in November 2016 and is a joint project of Chinese and Korean developers. The aim of the project is to combine blockchain technology and identification with the use of radio frequency devices (RFID). According to the founders of the project this should contribute to the spread of the blockchain and… More

The reward per block for miners Ethereum will be reduced to 0.6 ETH

The reward per block for miners Ethereum will be reduced to 0.6 ETH

Ethereum has published specifications for the first phase of Friendly Finality Gadget Casper (Casper FFG), which is also known as the first version of the hybrid Protocol, which combines two algorithms: proof of work (Proof of Work PoW) and proof of rate (Proof of Stake PoS). In this specification finally, there is evidence that the… More

Google banned browser extension for mining

Google banned browser extension for mining

Google banned all browser extension for mining the Chrome store. Google also said that in July they will begin to remove the existing browser extensions, which are used for mining. Other extensions related to the blockchain while still allowed. Previously, Google allowed Chrome extension, which were intended for mining, and explicitly informed the user about… More

Miners ready on all for the sake of cheap electricity

Miners ready on all for the sake of cheap electricity

We have already reported about the cases in Russia and Ukraine, when the police found mining farm in the most unexpected places, for example, on the territory of state-owned enterprises. This time 14 people from 13 different companies were arrested in South Korea for illegal use of cheap power for the mining of cryptocurrencies in… More

The Central Bank of Kazakhstan wants to ban cryptocurrencies

The Central Bank of Kazakhstan wants to ban cryptocurrencies

The national Bank of Kazakhstan wants to ban cryptocurrency trading and mining. As reported by Russian news outlet Sputnik, Daniyar Akishev, head of the national Bank of Kazakhstan, said that the Central Bank intends to take a very conservative approach and strict regulation in relation to cryptocurrencies. That is why the national Bank seeks to… More

Cryptocurrency miners save a small village in the Swiss Alps

Cryptocurrency miners save a small village in the Swiss Alps

More than 100 years ago the Swiss village of Gondo was a haven for gold diggers. Here in the 19th century gold was mined on a large scale. But all this remained in the past. However, these days the tiny Alpine all also attracted miners, but the “digital gold”. Mountain village in Switzerland, as in… More