Latest news about: Mining

Ukraine has recognized mining cryptocurrency legitimate economic activity

Ukraine has recognized mining cryptocurrency legitimate economic activity

Today, March 15, the core Committee of the Cabinet of Ministers of Ukraine has approved the introduction of the mining of cryptocurrencies in the national classifier of types of economic activity. Also, the government has charged to experts of the Ministry of economic development, Ministry of Finance, Ministry of justice, Ministry of coal industry, Agency… More

The official EU statement: it is impossible to prohibit mining

The official EU statement: it is impossible to prohibit mining

According to EU Commissioner, mining crypto currency is a perfectly legitimate activity in Europe and subject to the standard rules of electric power supply and consumption. In a statement issued last week, Mariya Gabriel, European Commissioner for the digital economy expressed concern about the energy-intensive nature of mining, noting the regulatory status of the industry:… More

Egyptian telecommunications company secretly redirects users to sites that are engaged in the mining of cryptocurrencies

Egyptian telecommunications company secretly redirects users to sites that are engaged in the mining of cryptocurrencies

According to information published by the Citizen Lab at the University of Toronto, Telecom Egypt uses the device, which redirect to Egyptian Internet users to sites that advertise or do cryptocurrency mining cryptocurrency. The technology, which uses the Egyptian Telecom provider has a name AdHose and works through other devices, which are used to control… More

GMO already namimili bitcoins worth millions of dollars

GMO already namimili bitcoins worth millions of dollars

Mining enterprise started Japanese it firm GMO Internet, over the past three months brought more than $ 3 million. According to the report, published on March 5, the company reported that in December, January and February it produced 23 BTC, 93 and 124 BTC BTC respectively. The total cost is approximately 2,67 million US dollars…. More

Canada was not ready for an influx of miners

Canada was not ready for an influx of miners

During a conference in Montreal on March 2, the government of Quebec said that “not interested” in providing the cheap power miners using the largest public power company Hydro-Quebec. In the comments of the Prime Minister Philip Kuyar noted that, in contrast to previous statements by the leadership of Hydro-Quebec, which is planned to involve… More

Wellington Management Group, which manages $1 trillion, is targeting crypto-currencies

Wellington Management Group, which manages $1 trillion, is targeting crypto-currencies

According to the February report of Wellington Management company for management of investment assets, holding giant officially considering adding cryptocurrency in some of their portfolios. News sources claim that the company’s system now include various derivatives of Bitcoin. Along with this development of the main investment Department of the company began to study companies associated… More

AMD miners can crash the market of graphics cards

AMD miners can crash the market of graphics cards

This week, AMD said that the decline in demand for graphics card (GPU) on the part of the miners may have a “significant impact” on its business. In its latest annual report (form 10-K), AMD notes that “the rise in the prices of cryptocurrencies and the emergence of new crypto-currencies contributed to the emergence of… More