Bitcoin Mining

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Louisiana Attorney General Fires IT Staff for Allegedly Mining Bitcoin

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It appears that the allure of free electricity and computer systems, courtesy of the tax payers, might be too hard for some government workers all over the world to resist. After it was recently revealed that Russian nuclear scientists were arrested for mining bitcoin on the job, now it is reported that American IT staff … Read more

Japanese Electricity Company Uses Excess Solar Power for Crypto Mining

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Japan’s Kumamoto-Energy, a local power producer and supplier from Kumamoto City, has revealed that it recently began using solar power for mining cryptocurrencies. This is another example of how, contrary to environmental hysteria by mainstream media sources, cryptocurrency mining can enable a greener future using renewable energy. Also Read: British Man in Amsterdam Allegedly Laundered … Read more

Bitcoin Hardware Manufacturer Bitmain Made a Profit of up to $4 Billion Last Year

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The wealth of bitcoin mining titan Bitmain has long been assumed to be north of “huge”. Thanks to its near-monopolization of the ASIC manufacturing business, Bitmain has effectively had a license to print money. This week, Bernstein analysts released a report into Bitmain’s operations. It estimates the Chinese firm to have made $3-$4 billion last … Read more

Oregon’s Cheap Hydropower Attracts a Swarm of Bitcoin Miners

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Over the past few months, quite a few bitcoin miners have been flocking to regions in North America in places such as Vancouver, and multiple states in the U.S. throughout the Midwest. Now, according to the state of Oregon’s regional press, miners are starting operations in the area because of concentrations of cheap hydropower. Also … Read more

Japan’s GMO to Launch BTC, BCH Cloud Mining Service in August

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Japanese technology conglomerate GMO Internet is about to launch a new cloud offering for mining BTC and BCH. If you have at least $5 million that you want to invest in such a venture, and don’t want the hassle of opening your own mining farm, applications start next month. Also Read: Coinbase Develops Bitpay Competitor … Read more