Crypto Mining Has Become Less Profitable | Coindelite News
Bitcoin Mining

Crypto Mining Has Become Less Profitable

Bitcoin mining has been a great way for miners to earn the money. Bitcoin (BTC) miner revenues of 2018 have already increased. In spite of the growth, miners are now earning less profits. According to the report, the rewards and fees for BTC miners have surpassed $4.7 billion within the first …

Crypto Miners and Electricity Providers Seek Common Ground
Crypto Mining

Crypto Miners and Electricity Providers Seek Common Ground

There has been a lot of debate in regards to the legality of cryptocurrencies. Cryptocurrencies and blockchain technologies are taking over the world. There are hardly any industries left where we haven’t seen the use of cryptocurrencies in the market. The relationship between cryptocurrency miners and utility providers has always …

Hydroelectric Dam to Be Used for Crypto Mining in New York
Crypto Mining

Hydroelectric Dam to Be Used for Crypto Mining in New York

The historic New York hydroelectric dam, Valatie Falls is being repurposed by DPW Holdings Inc for cryptocurrency mining operations. This will help the sourcing of electricity from the dam to carry out cryptocurrency mining. The facility is proposed to be fully operational by the fourth quarter of 2018. It will …

Crypto Mining Malware Hits Thirty Percent Of UK Firms | Coindelite News
Crypto Mining

Crypto Mining Malware Hits UK Firms

  Crypto Mining malware has become very popular by letting hackers use people’s computers to mine virtual currencies. Recently A Russian based computer forensics and information security firm, Group-IB revealed their research in a report entitled, “2018 Cryptocurrency Exchanges-User Accounts Leaks Analysis.” The research claimed that crypto hackers mainly targets …

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 …