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Canadian investors have decided to put money and effort into a wind-powered crypto mining undertaking in Romania. To make it happen, they have finalized a deal to acquire a wind farm capable of producing enough energy to light the bulbs in over 30,000 homes. Driven by enthusiasm about the project, they have even added “Blockchain … Read more
Japanese e-commerce and internet conglomerate DMM Group is creating a specialty lab for cryptocurrency mining. The company has also unveiled additional plans for its mining operations. Also read: Russian Cryptocurrency Bill Is Ready – Regulators Share Details DMM Launching Mining Lab DMM Group, the operator of popular e-commerce site DMM.com with 27 million members, announced on … Read more
Venezuela is looking for miners for the country’s national cryptocurrency, the Petro. The government has opened up a registry for miners to sign up to mine and gain access to the new currency. According to Venezuela’s president Nicolás Maduro, 860,811 young people have already registered to create the Petro mining farms. Also read: Venezuela Unveils Mining, … Read more
On December 28th, one of the main hard forks took place in Bitcoin history, Segwit2X, which revealed acute problems in the work of crypto-exchanges, wallets, and decentralization in general. Why ordinary users are left with less and less choice and how to solve this problem? The post PR: The Segwit 2x Fork Has Been Successfully … Read more
The Venezuelan government has published a decree outlining the operation of Venezuela’s national cryptocurrency, the Petro. It details the government’s plans for the new currency, including its issuance, mining, and trading. In addition, the Petro will be backed by 5 billion barrels of crude oil. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, … Read more
Cryptocurrency miners from 15 countries have confirmed that they will be showing Russian parliamentarians how cryptocurrencies are mined and discussing their countries’ specific approaches to mining regulation. After the meeting, the Russian government plans to draw up recommendations and proposals for crypto legislation, which will be submitted on December 28. Also read: South Korea Clarifies Position … Read more
Over the past week, there’s been heightened tension around the conversation about bitcoin fees and confirmation times. Many individuals have been complaining about unconfirmed transactions and average median transaction fees, costing $31-52 USD on December 23. With bitcoin being divisible by eight decimals, many of those decimals are rendered useless as small amounts of satoshis … Read more
For cryptocurrency miners seeking to set up a profitable operation, every kilowatt hour counts. As little as a cent per KWh can make all the difference between a mining farm being viable or infeasible. U.S. bitcoin miners have received a helping hand in choosing where to set up shop thanks to new research that reveals … Read more
Back in August, Viabtc founder Yang Haipo was one of the first public figures to declare ”Bitcoin Cash is Bitcoin”. His exchange Viabtc was one of the first to list bitcoin cash (BCH), which was heavily criticized by Chinese industrial players for being “controlled” by Bitmain. Now Haipo is planning his new business Coinex, a … Read more
