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Bitcoin is holding its ground at $9,300. The currency has been sitting at this mark for several days, and while the price hasn’t necessarily dropped, it hasn’t jumped forward either. This suggests that bitcoin is encountering newfound resistance at its present level, and perhaps $10,000 is not as close as we originally thought. Though support … Read more
Bitcoin is holding steady at $9,300. It’s a good sign that bitcoin can remain firm over the weekend, and $10,000 may not be too far off the mark. The largest rewards are now being witnessed in mining. It was recently speculated how profitable mining could truly be if bitcoin’s price remained under $8,600. Figures like … Read more
A Chinese household has been stealing electricity to mine bitcoin using 50 mobile phones and 15 improvised mining rigs. The home workshop has consumed almost 33,000 kWh of unbilled electricity. That should be enough for a couple of bitcoins, but using a smartphone for the job is not really an option. Also read: 80% … Read more
Cryptocurrency mining is an industry which attracts a lot of attention all over the world. Combining such efforts with renewable energy will often result in a profitable business. If things go according to plan, Hadouken Pty Ltd will set up a 20 MW solar farm to mine cryptocurrencies in Australia. It is a positive development … Read more
17 mln Bitcoin have now been mined, 4 mln BTC left to supply cap #NEWS Go to Source Powered by WPeMatico
Chinese police have seized 600 computers used to mine Bitcoin in Tianjin, after the local grid operator reported irregular electricity usage. #NEWS Go to Source Powered by WPeMatico
Amsterdam police have announced the re-arrest of Sindri Thor Stefansson. He was initially arrested days ago in Iceland in connection with a bitcoin hardware mining caper that included 600 computers worth $2 million. In a James Bond-like villain move, after his first capture he managed to escape, reportedly hitching a ride on a plane carrying … Read more
The Icelandic fugitive connected to a burglary of cryptocurrency mining hardware has been arrested by Amsterdam police. #NEWS Go to Source Powered by WPeMatico
Authorities issue international arrest warrant for escaped Bitcoin mining thief Stefánsson, who has chosen to return home “soon.” #NEWS Go to Source Powered by WPeMatico
Global chip manufacturing giant attributes lower 2H18 revenue forecast in part to changing cryptocurrency mining landscape. #NEWS Go to Source Powered by WPeMatico
