Sunday , February 5 2023
Home / Tag Archives: crypto mining (page 7)

Tag Archives: crypto mining

Alleged Crypto Miner Malachi Salcido Sued By Investors

A man in Washington named Malachi Salcido is being sued by multiple investors who claim he falsely touted himself as a crypto mining expert. Malachi Salcido Is Being Sought for Misuse of Funds Salcido allegedly owned a company called Step Change, which was built to mine and extract new digital coins. Investors plunked down as much as $8.5 million into the company, only to see it completely dissolve not long after. They are now out all that money and say they were lied to...

Read More »

Is China Beating the U.S. When It Comes to Crypto Mining?

According to a new op-ed by Chris Larsen – the co-founder and executive chair of Ripple – the United States is losing the tech war against China and other nations.Chris Larsen: China Holds a Strong PositionRipple is presently the fourth-largest cryptocurrency by market cap after bitcoin, Ethereum and Tether. According to Larsen, nations such as China are way ahead when it comes to cryptocurrencies and are potentially putting lots of money into ensuring miners have everything they need to stay...

Read More »

From Politics to Crypto: The BTC Journey of Craig Bergman

There appears to be a running theme of mixing politics with crypto, and the latest example comes by way of former Ron Paul campaign manager Craig Bergman.Bergman Sees Crypto in a New LightBergman was the political director for the Ron Paul 2008 presidential campaign. Since exiting the political spectrum, he has served as the president and CEO of a cryptocurrency mining company called Vortex Blockchain Technologies Inc. At the time of writing, the company currently focuses on mining bitcoin...

Read More »

Microsoft Wants to Mine Crypto… Using Your Mind

Microsoft and cryptocurrency have developed a strong relationship over the years, but its latest maneuver is likely to make many crypto fans raise their eyebrows in a state of confusion and concern.Microsoft to Unveil New Mining Technology – Through Your Brain?The computer and software giant has recently unveiled a new patent application for technology that’s in development. This technology is designed to monitor bodily functions – like your brain activity – to mine cryptocurrency.How would...

Read More »

Hut 8 Is the Latest Mining Company to Suffer from the Coronavirus

The coronavirus has had terrible effects on the cryptocurrency arena, but nothing has suffered the way crypto mining companies have suffered. The latest venture to fall victim to the stifled COVID-battered economy is Hut 8 Mining Group, a crypto mining firm stationed in Canada.Hut 8 Is the Latest Company to Get HitRecently, the company issued a statement detailing some of the concerns it had regarding how to keep its operations steady. Hut 8 says it’s experiencing heavy delays in the delivery...

Read More »

Crypto Mining Is Providing Its Users with Amazing Flexibility for Mining Bitcoin and Altcoins

Crypto Mining is a platform that offers benefits to different target groups: beginners, enthusiastic home miners and large scale investors.“How can I mine cryptocurrencies easily?” that’s a question most crypto enthusiasts have asked Google time and again. But once presented with ideas like “buy the best mining rig,” or “join a mining pool,” the user is often left more confused than when they had begun their search. Nonetheless, this has become a thing of the past thanks to Crypto Mining, a...

Read More »

Mining Enterprise Canaan Hit with Investor Lawsuit

Bitcoin mining giant and competitor to Bitmain Canaan Inc. (aka Canaan Creative) is being sued by investors who claim that the company has violated several industry laws.Canaan Is Taking a Hard HitThe suit was filed in Oregon last Wednesday by investor Phillippe Lemieux, who believes the enterprise lied to shareholders following its recent initial public offering (IPO). Lemieux claims that the company presented false information about its financial well-being and about its status with the...

Read More »

CryptoStake – The Smartest Choice In The Crypto World

Place/Date: 127 Waun Fach, Cardiff, Wales - November 26th, 2019 at 10:45 am UTC · 4 min read Contact: CryptoStake, Source: CRYPTO MINING SOLUTIONS LIMITED Photo: CryptoStakeInvesting in digital assets is common these days but to find the right investment idea is not at all easy. Most of the time your cryptocurrencies are probably just sitting idle on exchanges and in wallets in spite of the capacity for high interest, restrained by the fear of market fluctuation and its bearish moves...

Read More »

Bitcoin Plunges Eliminating Some Miners Before Halving, Could It Be Bullish in the Long Term?

In recent months, Bitcoin price has slowly descended from the 2019 high of $13,880 to the current levels of just above $8,130. This plunge is beginning to put weak miners out of business. In the past week, Bitcoin’s mining difficulty plunged 7% abruptly. That drop enabled miners to easily solve algorithms and mine blocks.That development means that the weak miners and those that encounter high operating costs are constantly going out of business. The new move does not go well with the bitcoin...

Read More »

Bitmain Launches 50MW Crypto Mining Facility in Texas amid Drive for Expansion

Bitmain, the Chinese manufacturer of computing chips and cryptocurrency mining equipment, has just launched a 50MW facility for crypto mining in Texas’ Rockdale city. The facility was erected in conjunction with DMG Blockchain Solutions, a Canadian firm, as well as the Rockdale Municipal Development District (MDD).According to an official Bitmain publication, construction of the facility began last year, after the company announced that it would erect the biggest cryptocurrency mining farm in...

Read More »