block reward mining Archives

New York gov’t employee faces 15 years over illegal digital currency mining

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15 September, 2021

New York gov’t employee faces 15 years over illegal digital currency mining

The man, an information technology supervisor for the New York State government, reportedly used work equipment to mine up to...

Russia’s State Duma wants to regulate block reward mining as business

Tech

Steve Kaaru

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14 September, 2021

Russia’s State Duma wants to regulate block reward mining as business

The State Duma is considering giving miners legal recognition as a form of entrepreneurship under local business laws, opening Russia...

Belarus president urges citizens to get into block reward mining

Tech

Steve Kaaru

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13 September, 2021

Belarus president urges citizens to get into block reward mining

Belarus President Alexander Lukashenko called on the citizens to turn to block reward mining in the several abandoned industrial sites...

Russia: Man who stole friend’s mining rig gets 3 years’ jail time

Business

Steve Kaaru

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3 September, 2021

Russia: Man who stole friend’s mining rig gets 3 years’ jail time

The man stole his friend’s block reward mining rig in February but was unable to use it due to lack...

The9 Limited strikes deal to expand in Kazakhstan

Tech

Jacob Rozen

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1 September, 2021

The9 Limited strikes deal to expand in Kazakhstan

The9 Limited and LGHSTR Ltd deal aims to invest and build digital currency mining facilities in Kazakhstan.

Singapore Myanmar Investco enters block reward mining sector

Tech

Jacob Rozen

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31 August, 2021

Singapore Myanmar Investco enters block reward mining sector

The company has placed an order to purchase 800 digital currency mining machines that will be deployed at facilities in...

Why blockchain has not yet become widely used and what will it take to make it happen?

Tech

Ivan Assenov

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30 August, 2021

Why blockchain has not yet become widely used and what will it take to make it happen?

In blockchain technology, we feel the attributes of Energy Consumption, Governance and Politics, Regulatory Compliance Consulting, Timing, and Technology are...

BTC miners will be cut off from power in parts China’s Yunnan

Tech

Jacob Rozen

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27 August, 2021

BTC miners will be cut off from power in parts China’s Yunnan

Officials in Yingjiang County are implementing strict warnings to block reward miners operating illegally to halt operations within the region.

Iran to lift block reward mining ban in September

Tech

Steve Kaaru

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26 August, 2021

Iran to lift block reward mining ban in September

Government officials had identified block reward mining as one of the biggest energy guzzlers, expressing particular concern over the illegal...

Google takes down 8 fake digital currency mining apps, but 100+ still online

Tech

Steve Kaaru

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26 August, 2021

Google takes down 8 fake digital currency mining apps, but 100+ still online

Trend Micro discovered the eight fake apps in its study and alerted Google to take them down, but it says...

Nvidia Q2 revenue surges, but digital currency-related sales fall short of expectations

Tech

Jacob Rozen

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25 August, 2021

Nvidia Q2 revenue surges, but digital currency-related sales fall short of expectations

Nvidia’s fiscal net income has reached $2.4 billion in Q2, but despite the growth, the sales of the tech giant's...

Historic 2GB block earns miner over 16 bitcoins

Tech

Gavin Lucas

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23 August, 2021

Historic 2GB block earns miner over 16 bitcoins

As users engage with popular BSV apps like CryptoFights, and as fees overtake the value of the block subsidy, miners...

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