The Venezuelan army turns to crypto mining as the country’s economy collapses.
Category: mining
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Venezuelan Army Starts Mining Bitcoin for ‘Unblockable Income’
The Venezuelan Army has inaugurated a cryptocurrency mining center with bitcoin mining equipment aimed at generating “unblockable income,” as the country attempts to bypass U.S. sanctions. The crypto mining center has the support of the country’s crypto regulator, Sunacrip. Venezuela’s Army Starts Cryptocurrency Mining The Venezuelan Army’s cryptocurrency mining center was inaugurated on Nov. 19 […]
The post Venezuelan Army Starts Mining Bitcoin for ‘Unblockable Income’ appeared first on Bitcoin News.
This Bitcoin mining company’s stock is in free fall following Q3 loss
The third quarter was tough for mining rig manufacturers as the impact of COVID-19 continued to weigh heavily on the space.
Justice Department extradites alleged BTC mining Ponzi operator from Panama
AirBit Club’s leadership has been gathered in New York City and will face charges for stealing “membership dues” to finance massive marketing events and lavish personal lifestyles.
Bitcoin mining difficulty approaches ATH as price stabilizes above $18K
Mining difficulty on the network rose by 8.9% today while the hash rate is more than 130 EH/s.
Ethereum Classic plans ‘Thanos’ hard fork to restore mining with older GPUs
Four gigabyte devices will soon be able to find a new home on ETC.
Long in China’s Shadow, the US Is Becoming a Bitcoin Mining Power Again
Following a string of investments, miners are increasingly optimistic about prospects for the U.S. market in 2021.
Russian Hospitalized After Bitcoin Mining Farm Sets Apartment on Fire
A poorly managed mining farm in St. Petersburg, Russia, set an apartment on fire and injured the operator, according to a report.
Video: Coordinating Bitcoin Upgrades With Poolin’s Alejandro De La Torre
On this episode of Bitcoin In Asia, Poolin’s Alejandro De La Torre discussed Taproot activation and lessons learned from SegWit.
The post Video: Coordinating Bitcoin Upgrades With Poolin’s Alejandro De La Torre appeared first on Bitcoin Magazine.
HASHR8 Assesses The World Of Bitcoin Mining With Launch Of Index Reports
Bitcoin mining-focused media company HASHR8 has launched a series of insightful reports on the state of the industry from around the world.
The post HASHR8 Assesses The World Of Bitcoin Mining With Launch Of Index Reports appeared first on Bitcoin Magazine.