Canaan, Bitcoin Mining Company Launches First Bitcoin Mining T.V | Coindelite News
Crypto Mining

Canaan, Bitcoin Mining Company Launches First Bitcoin Mining TV

Recently Bitcoin Mining Giant, Canaan, has announced that it will be launching a personal mining rig for its customers. This will allow them to mine bitcoins in the comfort of their homes. Pople used to mine Bitcoins using computers, then smartphones and now television. World’s second largest Bitcoin Mining firm, …

Vietnam Banning Use of Cryptocurrencies Across the Country
Cryptocurrency news
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Vietnam Banning Use of Cryptocurrencies Across the Country

Several Asian countries are pushing back against the use of cryptocurrencies to protect the interests of the state. Vietnam is taking this to an elevated level. Almost all crypto-related activities have been banned by the State Securities Commission. This move did not come as a surprise, in fact, it was …

Crypto Mining

In China Police Arrested Cryptocurrency Miners for Power Theft

Authorities in China Arrested Digital Currency Miners for Power Theft Chinese Police have detained a man for purportedly stealing a significant amount of power to fuel a private digital currency mine. As per Xinhua news agency, Police in the eastern Chinese province of Anhui seized more than 200 computers utilized …

Japanese IT Giant GMO Reveals Specs and Price of its New Bitcoin Miner

GMO Unveils Specs of its New 7nm Bitcoin Miner: $1,999 GMO Internet the Japanese IT giant has unveiled specs and price for its new bitcoin miner –  the world’s first 7nm based chip. On Tuesday, the company stated at the press conference that its 7nm ASIC (application-specific integrated circuit) that …

Venezuela Prohibits Imports of Digital Currency Mining Equipment

Venezuelan Authorities have Cracked Down on Local Mining Operations by Banning any New Imports of Mining Hardware Reportedly the least wealthy nation in the world to mine Bitcoin, Venezuelan authorities have broken down on local mining operations by banning any new imports of mining hardware, including specific sorts of graphics …

Australia to Mine bitcoins by reopening Coal Power Plant | Coindelite News
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Australia to Mine Bitcoins by reopening Coal Power Plant

Contract with Crypto Mining firm Signed by Australia to reopen Coal Power Plant A contract has been signed with the IOT Group, a cryptocurrency mining firm by Australia’s Hunter energy to reopen a coal power plant in the Hunter Valley Region of Australia. Although new and advancing technologies are largely …

Morgan Stanley said Bitcoin ‘Miners’ are Losing Money at any Price under $8,600

Bitcoin “Miners” are Losing Money under $8,600 says, Morgan Stanley​ Morgan Stanley’s analysts said if bitcoin can’t recuperate $8,600 soon, bitcoin “miner” will probably think that it’s unprofitable to keep creating the digital currency. According to Coindelite Price Chart, on Thursday Bitcoin traded slightly higher near $8,200. It has strived …

Bitmain to Establish Mining facilities in Washington state | Coindelite News
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Bitmain to Establish Mining facilities in Washington state

Bitmain is one step Closer to US Bitcoin Mining Operation The Port of Walla Walla – Walla Walla county’s economic development agency – consistently passed a land lease and buying an option that would permit Bitmain to develop its cryptocurrency mining facility. The organization’s Ant Creek subsidiary will be able …

Bitcoin Miners caught by Korean Police for Illegally using Cheap Factory Power

Korean Police Arrested Bitcoin Miners for using Cheap Factory Power Korean Police has arrested employees from thirteen companies for illegally utilizing less expensive electricity for mining cryptocurrencies at industrial complexes in South Korea. According to the reports, the illegal activities were revealed in four various complexes in the country’s southwestern …

Tesla faces Cryptocurrency Mining Malware Attack

Hacker’s hit Tesla’s Cloud to mine Cryptocurrencies Electric vehicle maker Tesla has fallen into big trouble since the hackers company’s cloud to mine cryptocurrencies. On Tuesday, Cybersecurity software firm RedLock announced that hackers had exploited an insecure Kubernetes console, which they utilized to access computer processing power from Tesla’s cloud …