Crypto Farm With 6000 Miners Shut Down In Russia For Overdue Electricity Bill
Russian police have detained two people after a raid on a cryptocurrency mining farm that hosted over 6,000 miners. The perpetrators were guilty of not paying for electricity, reports say. #NEWS Go to Source Powered by WPeMatico
Markets Update: BTC Price Jumps Over $1000 in Less Than an Hour
The price of bitcoin and a wide range of other digital assets have seen some significant gains today. Earlier during the morning trading sessions (EDT) BTC/USD markets spiked over $1,000 in less than 60 minutes gaining 10 percent and reaching a high of $8,060 per coin. Following the phenomenal jump in value, buyers met some … Read more
Golem Enters Beta Testing as Ethereum Mainnet Support Is Introduced
A lot of people are keeping a close eye on the Golem project. It is a pretty interesting concept which aims to become the Airbnb for computers. Doing so will require a proper infrastructure to accommodate demand and distribute computing resources. The project has now entered the beta testing phase and has been officially launched on the … Read more
‘China’s Google’ Baidu Launches Blockchain-Based Image Rights Protection Platform
Chinese search giant Baidu launches ‘Totem,’ wielding Blockchain tech to establish rights ownership for digital images online. #NEWS Go to Source Powered by WPeMatico
Bitcoin Cash Becomes the New Shirt Sponsor of Ayr United FC
Cryptocurrencies continue to make inroads in many industries. Ayr United FC, a football club in the United Kingdom, recently announced a new sponsor deal. While this may not be out of the ordinary, the team will play with a “Bitcoin BCH” logo on their shirts for the upcoming season. That is a pretty interesting development that will bring … Read more
Hydro-Quebec Considers Halting Mining Operations During Winter
The migration of cryptocurrency miners to hydro-power abundant Quebec has been received cautiously lately, following an initial period over-exuberance on the part of local officials. The future for Quebec’s mining industry has since encountered a number of hurdles, from the province’s ability to supply power during the dry winter season to the often overlooked environmental … Read more
Gavin Brown Expects a “Rise of the Altcoins” if Bitcoin Were to Fail
Even though everyone is entitled to their own opinion on Bitcoin and cryptocurrencies, it seems there is growing negative sentiment. More specifically, some experts are claiming Bitcoin will become irrelevant in the near future. That is a remarkable opinion, as the correlation between Bitcoin and other cryptocurrencies has never been more apparent. Can Bitcoin Remain … Read more
Indian Crypto Exchanges Strategize to Challenge RBI Crackdown
Indian crypto exchanges are devising strategies to challenge and respond to the Reserve Bank of India’s order to prohibit banks from servicing businesses dealing in cryptocurrencies. News.Bitcoin.com talked to Sathvik Vishwanath, CEO of a leading Indian exchange Unocoin, to find out more details. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Going International … Read more
Santander, Ripple Launch First Blockchain Int’l Payment Service For Retail Customers
Santander unveils Ripple-based money transfer service #NEWS Go to Source Powered by WPeMatico
