Tensions between China and the US may have the company eyeing major changes Bitmain, a leading manufacturer of Bitcoin mining equipment, has announced plans to expand its production capabilities to
Tag: mining
Microsoft Claims Quantum Computing Breakthrough That Will Boost Crypto Mining
The tech giant teamed up with Atom Computing to create the next level of computing Microsoft and Atom Computing have announced a breakthrough in quantum computing that could reshape blockchain
Another Bitcoin Miner Has Claimed a $180,000 Reward for Mining a Block
Several Bitcoin miners have received huge payouts for their dedication A Bitcoin miner has recently secured a not-so-common and significant payday of around $180,000 after successfully mining a block on
Bitcoin Mining Company Rhodium Files for Bankruptcy
The company has failed to recover from a long string of poor decisions Rhodium Enterprises, a prominent Bitcoin mining firm, has filed for Chapter 11 bankruptcy in the US Bankruptcy
Texas goes after fraudulent cryptocurrency miner Arkbit Capital
The company was attracting investments on the basis of lies and scams The Texas State Securities Board recently issued a cease-and-desist order against Arkbit Capital, which is accused of committing
Cryptocurrency miner wins $200K validating a Bitcoin block
The miner was the only one to validate the block, leading to the reward Against all odds, a lone Bitcoin miner has successfully solved a Bitcoin block, earning the entire
Cryptocurrency miners in the US face possible 30% tax
President Biden has once again submitted his crypto mining tax increase in a budget proposal President Joe Biden has resurrected the concept of a 30% tax on electricity used by
Cryptocurrency mining could become a household task in Nebraska
Legislation in the state would give protections to those who mine and trade cryptocurrency Nebraska State Senator Eliot Bostar introduced a bill in the legislature on January 5 to establish
Today marks the 15th anniversary of the first Bitcoin block ever mined
Bitcoin’s birth is celebrated in October, but January marks its true introduction The original cryptocurrency has battled detractors, haters, and troublemakers since the first block of Bitcoin was mined fifteen
Cryptocurrency mining company Hut8 Mining mergers with US Bitcoin Corp
The merger creates a US-based crypto mining powerhouse that could change the market Cryptocurrency mining firms Hut 8 Mining Corporation and US Bitcoin Corporation (USBTC) are uniting operations in an
Crypto ASIC manufacturer Bitmain unable to pay its employees
The crypto mining equipment company is having difficulty paying its bills Bitmain, a manufacturer of Bitcoin application-specific integrated circuits (ASIC), has suspended paying employee salaries for September and later. Multiple
Dropbox cancels unlimited storage, blames cryptocurrency miners for hogging bandwidth
The cloud storage service believes crypto miners are taking advantage of its generosity Dropbox has switched its platform to metered storage after recently discovering its Advanced plan was utilized for
