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Members of the Indian crypto community have received offers to set up mining facilities after reports of potentially negative developments for miners in China. According to local media, businesses are already exploring such opportunities as India has some of the lowest electricity rates. Upcoming regulation, however, may put some hurdles on the track. Also read: … Read more
The bitcoin mining industry in China appears to be expanding to favorable locations around the world right now. Quebec is one such location where the Chinese have taken refuge, and many more might be on the way. Also Read: Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland Cold Power Just a couple of … Read more
A small Washington county is overloaded by crypto mining, plans to build more data centers to match the high demand #NEWS Go to Source Powered by WPeMatico
For centuries Switzerland was known around the world for its tradition of banking secrecy, but now a new financial industry is taking root in the country. Local leaders tried to establish a cryptocurrency hub, and their latest catch is Chinese bitcoin mining giant Bitmain, which expanded to a new location in the picturesque Swiss canton … Read more
Companies all over the world are suddenly looking to get involved with blockchain and cryptocurrency. This is an unexpected yet rather worrisome trend to contend with. When giants such as Kodak are suddenly planning to organize an ICO for their own cryptocurrency and set up a mining operation, you know the bubble is very real. Whether … Read more
China’s Bitcoin miners are doing just fine, and could withstand both regulatory constraints and a massive Bitcoin price correction due to cheap energy costs. #MINING Go to Source Powered by WPeMatico
Nvidia expected to launch more GPUs based on new Volta architecture, following the launch of the Titan V in December 2017. #ANALYSIS Go to Source Powered by WPeMatico
In recent days a number of conflicting reports have surfaced pertaining to the stance of China’s government with regards to bitcoin mining. Last week, Bloomberg reported that the People’s Bank of China (PBOC) had met to discuss curbing mining operations in China, whilst Chinese media reports denied such – however, it has since emerged that … Read more
Xinjiang Province regulators have issued an official document informing local bitcoin miners to submit status reports on a specific schedule. Also Read: Japanese ‘Virtual Currency Girls’ Spreading Cryptocurrency Knowledge An Orderly Exit Bitcoin mining companies were told to write a status report before Jan. 5, according to a government notice signed by a Xinjiang … Read more
Mining operators have benefited from cheap power in China, but that could change in the future. #MINING Go to Source Powered by WPeMatico
