Tag Archives: Bitcoin Mining

Blockstream, the blockchain-focused company spearheaded by Adam Back, will develop and manage zero-emission Bitcoin mining facilities with the first to be built in North America. The firm’s initiative will come to life through a partnership with an Australian multinational independent investment bank – Macquarie Group. The Canada-based blockchain company continues with its effort to minimize the environmental damage caused by Bitcoin mining. The latest initiative comes...

Rahdi Fakhoury betreibt einige leistungsstarke Bitcoin Miner im Keller und heizt damit gleichzeitig sein Haus in South Carolina (USA) Der 14-jährige Shaan Raj und seine 9-jährige Schwester Aanya sind keine gewöhnlichen Kinder. Schliesslich führen die beiden Geschwister ein eigenes äusserst profitables Unternehmen, mit dem sie erfolgreich Krypto-Mining betreiben. Die Geschäfte...

Vietnam has recently started recording high demand for crypto mining equipment as more people join the sector to mine cryptocurrencies like bitcoin, ether, and others. Interestingly, the mining rig market in Vietnam saw a significant decline a few months ago after bitcoin lost more than 50% of its value and traded below $30,000 due to several FUDs from China. However, with bitcoin now trading above $50,000, more people are looking to engage in mining activities and are...

Two siblings have learned a lot about bitcoin mining over the past few months and are now putting their knowledge to good use. 14-year-old Ishaan Thakur and his nine-year-old sister Aanya have apparently been earning more than $30,000 per month mining the world’s number one digital currency. Ishaan and Aanya Have Become Mining Moguls In a recent interview, Ishaan states: We started because we wanted to learn something new about technology – and also make some money along...

Während einige Länder hart gegen das Bitcoin Mining vorgehen, positionieren sich andere bereits, um den Markt in ihre eigenen Landesgrenzen zu holen. Weißrusslands Präsident hat nun öffentlich seinen Bürgern empfohlen, Bitcoin Mining zu betreiben, anstatt für weniger lukrative Jobs ins Ausland zu gehen. Bitcoin News: Weißrusslands Präsident hält Bitcoin Mining für profitabler als Jobs im AuslandVor allem im Vergleich zu Jobs in Polen und Deutschland sei das Mining viel lukrativer. Gerade weil...

Cryptocurrency miners from China are now beginning to set up shop in neighboring countries such as Russia and Kazakhstan. As a result, they are coming back online to extract new bitcoin units, and they are again presenting serious competition to miners in the United States and other bitcoin havens. Miners in China Are Setting Up Shop Elsewhere Not long ago, Beijing ruled that all mining in China was to be banned, claiming that the hazards of bitcoin mining were simply...

Jack Dorsey has proven himself to be a major bitcoin fan over the years. Now, he is taking that fandom to a whole new level. Jack Dorsey Is “Trying” Mining The man behind both Twitter – one of the largest social media platforms in the world – and Square, a digital payments platform, announced that he is trying his hand at bitcoin mining. This shouldn’t come as a surprise to anyone who has been monitoring Dorsey’s bitcoin career, as the man was one of the first...

The valuation of the company has risen above $3 billion after completing the Series B round in which some of the participants included iFinex and Baillie Gifford. Blockstream aims to use the funds towards manufacturing mining chips. As reported by Canadian media on August 24th, Blockstream has further solidified its positioning as a cryptocurrency unicorn firm following the latest funding. The UK private equity firm Baillie Gifford and iFinex, the parent company of Bitfinex...

Crypto mining firm Argo Blockchain has become the first official company of its kind to release a climate plan to carry it through the future. Argo Blockchain Is Looking to Be More Environmentally Friendly The idea of crypto mining is necessary to ensure digital blockchains are consistently supplied with new tokens. However, the process has been quite controversial over the past few months given that it is allegedly causing irreversible damage to the planet according to...

Clean Spark Inc., a “clean” bitcoin mining firm, says it has obtained a second data center in the town of Norcross, Georgia. The move is designed to boost the amount of bitcoin and crypto the company extracts from the blockchain, and the new center encompasses approximately 87,000 square feet. Clean Spark Buys Into Bitcoin Even More Clean Spark is now expected to extract as much as 18 new bitcoin units per day. The new data center was formerly a Sprint/Nextel firm....