Tag: Mining

Iran Issues More Than 1,000 Cryptocurrency Mining Licenses

Iran Issues More Than 1,000 Cryptocurrency Mining Licenses The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away. Also […]

Bitcoin Cash Sees Mining Pool Shift and Hashrate Surpass 4 Exahash

Bitcoin Cash Sees Mining Pool Shift and Hashrate Surpass 4 Exahash While people have watched the BTC network surpass 100 exahash per second (EH/s), Bitcoin Cash (BCH) has been steadily gathering hashrate as well. Since the November 15, 2018 blockchain split, which produced the Bitcoin SV (BSV) chain, BCH hashrate […]

Uzbekistan to Create National Mining Pool, Launch Licensed Exchange

Uzbekistan to Create National Mining Pool, Launch Licensed Exchange Establishing a “national mining pool” has been declared a priority in Uzbekistan. Miners who join the pool will enjoy lower electricity rates, announced the country’s agency overseeing the crypto industry. The Central Asian nation is also preparing to launch a licensed […]

Tokyo-Based Zigmabit Offers Mining Rigs for Homes and Offices

Tokyo-Based Zigmabit Offers Mining Rigs for Homes and Offices Cryptocurrency mining develops rapidly like any high tech sector. Improvements in the hardware and auxiliary systems make it possible to design mining rigs that are more compact and silent than they used to be, while also profitable to run. Zigmabit is […]

Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance

Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance During the first month of the new year, the research firm Tokeninsight published its “Mining Industry Annual Research Report,” which covers the competitive bitcoin mining sector. Tokeninsight’s study highlights the fact that BTC’s hashrate increased by 80% in 2019, even though […]

Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump

Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $ 90 million worth of U.S. shares. Canaan shares initially sold for $ 8.99, but plummeted over 48% on December 16 to […]

Mining Pool Simplecoin and Interactive Faucet Chopcoin Shut Down Due to EU Regulations

Mining Pool Simplecoin and Interactive Faucet Chopcoin Shut Down Due to EU Regulations Like crypto payments provider Bottle Pay, mining pool Simplecoin and interactive bitcoin faucet Chopcoin are shutting down in light of restrictions imposed by EU anti-money laundering legislation, AMLD5. Simplecoin co-founder Marvin Janssen addressed Telegram users last month […]

Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China

Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second […]