block reward mining Archives

Miners should pay more for power than households, Russia says

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19 October, 2021

Miners should pay more for power than households, Russia says

Russia’s energy minister has proposed changes that could see block reward miners pay more for electricity than households as the...

Write, read, analyze & tokenize: TAAL’s approach to building bigger and building better

Tech

Jacob Rozen

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13 October, 2021

Write, read, analyze & tokenize: TAAL’s approach to building bigger and building better

Kal Suurkask, the chief commercial officer at TAAL, explained the company’s approach to ushering in the future of blockchain transaction...

Sri Lanka forms committee to study digital currencies and blockchain

Business

Steve Kaaru

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12 October, 2021

Sri Lanka forms committee to study digital currencies and blockchain

Sri Lanka’s Cabinet approved the formation of a committee that will study digital assets, blockchain technology, digital banking and block...

Link Global faces major penalties from Alberta Utilities Commission

Tech

Jacob Rozen

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10 October, 2021

Link Global faces major penalties from Alberta Utilities Commission

AUC proposed Link Global to pay an economic disgorgement of roughly CAD 2 million for financial gains from unlawful electricity...

Tehran Stock Exchange CEO steps down after discovery of illegal mining operation in building

Tech

Steve Kaaru

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4 October, 2021

Tehran Stock Exchange CEO steps down after discovery of illegal mining operation in building

The executive initially denied links to the mining operation, then claimed it was for research purposes before admitting to his...

What has happened in China since the latest ‘Bitcoin bans’?

Business

Jon Southurst

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30 September, 2021

What has happened in China since the latest ‘Bitcoin bans’?

The latest "Chinese Bitcoin ban" consisted of a statement from the central bank, followed by supportive edicts from several other...

Tech

Steve Kaaru

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29 September, 2021

China’s Inner Mongolia seizes 10,000 mining rigs from gov’t-owned tech park

The closure marks the 45th operation for Inner Mongolia, which has been ramping up its anti-mining stance in line with...

BIT Mining to set up 85MW mining facility in Ohio

Tech

Steve Kaaru

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26 September, 2021

BIT Mining to set up 85MW mining facility in Ohio

NYSE-traded BIT Mining has partnered with Viking Data Centers to develop a BTC block reward mining facility in Ohio as...

Hebei province joins block reward mining clampdown in China

Tech

Steve Kaaru

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19 September, 2021

Hebei province joins block reward mining clampdown in China

Block reward mining goes against China’s ‘carbon neutral’ goal, according to the cyberspace commission in China’s Hebei province which recently...

Canaan Q2 earnings surge amid volatile digital currency market

Business

Jacob Rozen

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19 September, 2021

Canaan Q2 earnings surge amid volatile digital currency market

In its quarterly earnings report, Canaan said it sold 5.9 million terahashes per second (TH/s) of hashing power during the...

European Securities and Markets Authority brands digital currency ‘volatile’

Business

Ed Drake

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16 September, 2021

European Securities and Markets Authority brands digital currency ‘volatile’

The report views digital currency a trending innovation in finance, but also a threat to the sustainability of financial services...

Distributed GorillaPool begins mining blocks on BSV blockchain

Tech

Gavin Lucas

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16 September, 2021

Distributed GorillaPool begins mining blocks on BSV blockchain

GorillaPool mined its first official block, block #704246, on September 10, showing the world that the BSV blockchain isn’t completely...

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