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Coronavirus Forces Riot Blockchain to Move Bitcoin Mining Units to New York

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The majority of Bitcoin mining firms expected very little impact due tot he coronavirus crisis. Fast forward to today, and Riot Blockchain is effectively cutting costs by moving hardware to a different location. Riot Blockchain is one of the many companies engaged in Bitcoin mining as a business. Coronavirus Crisis Forces Riot Blockchain’s Hand While their … Read more

Some Crypto-Mining Operations Are Not What They Say They Are

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Bitcoin and cryptocurrency mining has become a very competitive industry, and the amount of processing power hashing away to mine these digital assets is truly amazing. However over the years since the inception of GPU and ASIC mining, essentially when home mining turned into an industry, the cryptocurrency mining space has been riddled with fraudulent … Read more

Coinmint to Invest up to $700 Million in New York Mining Center

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Coinmint has announced it commenced operations at its newest crypto mining facility in New York. Operated via its wholly owned subsidiary, North Country Data Center Corporation, it is already mining several cryptocurrencies including bitcoin, dash and ether. Also Read: Police Forces Bust Alleged “New Age Cryptocurrency” Scam in India Mining Operations Come Online Located at a … Read more

New York Wants a Piece of the Ever Growing Bitcoin Mining Pie

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Watch out Canada! New York wants a piece of the bitcoin mining market, securing for its residents revenues and jobs that come along with the electricity intensive process. Bitcoin mining might even help revive local economies that once relied on polluting industries.  Also Read: Senate of Nigeria Launches Probe of Bitcoin Trading in the Country … Read more