Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant.A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,…
Category: mining
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Federal Election Committee Asked to Consider Crypto Mining for Political Contributions
OsiaNetwork LLC has reached out to the Federal Election Committee (FEC) in the hopes that it will allow computer sharing for crypto mining for campaign donations. Osia says it would like to be the platform in whi…
Bitmain IPO Prospectus Reveals Offering May Be a Gamble for Investors
Bitmain, the biggest company in bitcoin mining, has filed for its IPO in Hong Kong. As part of the approval process, the company submitted a prospectus to the Hong Kong stock exchange at the end of August 2018. T…
Innosilicon’s Impending ASIC Miner Could Challenge Bitmain’s Dominance
As controversies surrounding Bitmain’s looming IPO spell uncertainty for the future well-being of the mining goliath, competitors are fast to move in on the manufacturer’s territory.One of these competitors, Inno…
New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner
Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s ne…
Montana Senator: Closing Coal Plant Could Hurt Bitcoin Mining Industry
The crypto industry has scored another first, as a junior U.S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure c…
New Research Claims Satoshi Mined Far Fewer Bitcoins Than Previously Thought
Based on five-year-old research, Bitcoin enthusiasts and critics alike have often held that Satoshi Nakamoto originally mined some 1,000,000 bitcoin in the early days of the network. New numbers from BitMEX Resea…
Noise Complaints May Cause Norwegian Bitcoin Mining Center to Shut Down
Norwegian bitcoin miner Kryptovault is facing a shutdown of its operations due to extensive noise complaints from locals and a lack of proper paperwork. The company, which is headquartered in a former paper mill …
Mining Like a Viking: How the Fjords of Norway Offer a Greener Alternative
“Make sure to close the door behind you,” Mathis Schultz, the CEO of Northern Bitcoin, said to me in a near shout. As we entered the backside of the shipping container, partitioned for the ASIC miners’ exhaust, S…
SoftBank Denies Reports of Bitmain Deal; Bitmain Still Silent
Japanese telecom giant SoftBank has denied media reports of its involvement in a pre-IPO funding round of bitcoin mining rig manufacturer Bitmain.Last week, several media outlets had reported that SoftBank and Ch…