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The government in Kiev has taken concrete steps to legalize cryptocurrency mining. Ukraine’s Minister of Economy has ordered several ministries, agencies, and the National Bank to prepare the documents necessary to include mining in the state register of economic activities. Also read: Ukraine’s Financial Watchdog Clarifies Stance on Cryptos Easing the Pressure on the Crypto … Read more
Plattsburgh New York has banned crypto mining following resident complaints of power bill increases due to mining activities. #NEWS Go to Source Powered by WPeMatico
Department of Citrus employee arrested in Florida for unlawful crypto mining on the department’s computers. #NEWS Go to Source Powered by WPeMatico
This week a government employee working for Florida’s Department of Citrus (FDoC) was arrested for purported cryptocurrency mining using the department’s computers. According to the Florida Department of Law Enforcement (FDLE) agents, the IT manager mined BTC, LTC, and other digital currencies. Also Read: Nasdaq-Listed Marathon Begins Bitcoin Mining Operations, Stock Up 32% Mining Cryptocurrency … Read more
New Reports suggest that Nvidia is going to launch a mining GPU sooner than previously expected. The graphics unit comes with features that cryptocurrency miners will find attractive. According to leaked specifications, the Inno3D card is based on the gaming GeForce GTX 1080 Ti. Also read: New Player Asrock Said to Enter the GPU … Read more
It has become evident that a lot can change in the world of cryptocurrency. Many people assume certain algorithms are safe from ASIC mining, but things often turn out in a surprising manner. CryptoNight currencies, for example, may soon be subject to a “mega” miner developed by Baikal. Assuming, that is, that the information disseminated on social … Read more
The Attorney General of South Carolina has served a cease and desist order on Genesis Mining. In documents filed before its Securities Commissioner, it has declared cloud mining contracts to be securities, in a move that could have repercussions beyond the confines of the Palmetto State. Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce … Read more
A large illegal facility for mining bitcoin was discovered by police in the Russian city of Orenburg. The farm has been set up on the premises of an abandoned factory. The masterminds of the crypto project have stolen electricity worth 60 million rubles. They risk years of imprisonment. Also read: Bitmain Opens Repair Center … Read more
Traditional stock investors have just gotten another avenue for indirect exposure to the bitcoin market. A Nasdaq exchange listed former patent management company, Marathon, has changed its focus to ASIC mining and today started producing bitcoin. Also Read: Silicon Valley VCs Help Crypto Hedge Fund Reach Quarter Billion Target Marathon Mining Marathon Patent Group, Inc. … Read more
Over the past couple of years, there’s been a lot of discussions concerning the energy consumed by cryptocurrency mining. However, more recently mining operations have been using environmentally friendly methods and some of them are channeling the excess heat to do produce other goals. This week the co-founder of the trading platform Nakamoto X, Kamil … Read more
