Tag Archives: mining

How Green Power Powers the Cryptocurrency Mining Future

How Green Power Powers the Cryptocurrency Mining Future

Crypto miners are going to extraordinary lengths to bring down the costs of cryptocurrency mining, as hashrates reach historic highs and prices struggle to move beyond market resistance. The situation has forced out less efficient miners, with the sector now being dominated by big players with millions of dollars to invest in low-cost, dedicated energy […]

What is Ethereum? | The Ultimate Beginners’ Guide

What is Ethereum? | The Ultimate Beginners’ Guide

Ethereum is an open-source blockchain-based platform that essentially enables hundreds of decentralized cryptocurrencies and projects to be built and deployed exist without having to build their own blockchains. With the second largest market cap in the cryptocurrency world, Ethereum has drawn a lot of attention from investors and crypto enthusiasts alike. Ethereum not only presents […]

Crypto Mining Firm Argo Set to Become London Stock Exchange’s First Blockchain Listing

Crypto Mining Firm Argo Set to Become London Stock Exchange’s First Blockchain Listing

Cryptocurrency mining outfit Argo Blockchain will likely become the first blockchain company to list on the London Stock Exchange (LSE), Business Insider reported June 11. After launching its subscription service for mining contracts the same day, the company says it plans to hold an IPO, following a $2.5 mln funding round it completed in January of this year. The LSE […]

UNICEF Taps In-Browser Mining to Raise Funds for Children in Need

UNICEF Taps In-Browser Mining to Raise Funds for Children in Need

The United Nations Children’s Fund (UNICEF) is seeking to harness supporters’ computers to raise donations via cryptocurrency mining. To that end, the organization has launched “The Hope Page” – a website that mines cryptocurrency with the help of visitors’ computer processing power. The non-profit described in a statement that site will “allow Australians to provide help […]

Russia’s Largest State Bank To Open Cryptocurrency Exchange In Europe

Russia’s Largest State Bank To Open Cryptocurrency Exchange In Europe

Sberbank, the largest state bank of Russia, is planning to launch a cryptocurrency exchange in its Swiss branch, Sberbank Switzerland AG, local media group RBC reported on Tuesday Jan. 30. The bank’s Head of Global Markets Andrey Shemetov told RBC that the Russian bank chose Switzerland for the exchange location because Russian authorities do not currently allow cryptocurrency operations, while cryptocurrency […]

Former Bitmain Chip Designer Seeks to Revoke Mining Giant’s Patent

Former Bitmain Chip Designer Seeks to Revoke Mining Giant’s Patent

Bitcoin’s most controversial mining firm, Bitmain, is under threat of having a key chip patent revoked. Forcing a review of the patent is an ex-employee of the China-based mining giant: former director of design Yang Zuoxing, who has now founded a rival mining firm called Bitewei. According to documents reviewed and confirmed by CoinDesk, the […]

Hours to Go: How to Watch Ethereum’s Fork as It Happens

Hours to Go: How to Watch Ethereum’s Fork as It Happens

With $30 billion on the line, all eyes are likely to be on ethereum tomorrow as it seeks to navigate one of its biggest-ever updates. Will all software users upgrade to the updated blockchain? Or will a new, competing token be created? That’s exactly what the market is watching and waiting to see when etheruem hits block 4,370,000, scheduled […]