Tag Archives: crypto mining

China has pretty much gotten rid of all bitcoin miners. It has steamrolled through all the operations stationed within its borders and the industry is virtually dead in the nation. China and Its Negative Attitude Towards Crypto At first glance, it seems like bitcoin would have steadied by now, though it appears the currency is sliding even further. The asset is trading for about $30,000 even – less than half of what it was in April. Yet, despite how much bitcoin is...

Energy Harbor Corp. has announced that it will partner with a firm known as Standard Power over the next five years to provide carbon-free, clean energy from its nuclear sources to ensure Standard Power can mine cryptocurrencies without leaving a heavy mark on the environment. Standard Power will begin utilizing this type of electricity by the end of this year. Standard Power Seeks Green Methods of Extracting BTC Bitcoin and cryptocurrency mining has been at the center...

The Central Bank of China has ordered the shutdown of an alleged software company given its reported ties to crypto mining. Beijing Qudao Cultural Development has been suspended at the time of writing and must cease all operations or face legal consequences from the bank’s regulators. Its website has also been deactivated. China Shuts Down Software Company China has always had a rather mixed relationship with bitcoin and cryptocurrencies. In the past, the country has...

Clean Spark is a cryptocurrency mining firm in Woods Cross, Utah that appears to have found a sustainable crypto mining solution that would make even the most die-hard environmentalists happy. Clean Spark Ensure Clean Mining for All In recent weeks, crypto mining has been at the center of heavy controversy. Several digital currency heads and financial analysts – including Elon Musk of SpaceX and Tesla fame and Kevin O’Leary from the television show “Shark Tank” – have...

Stronghold Digital Mining in Pennsylvania has managed to raise more than $100 million to establish a new firm. Stronghold Digital Is Carving the Way to Cleaner Mining The company has made a real name for itself during a time when bitcoin and cryptocurrency mining are the subjects of much controversy. Many analysts are convinced that bitcoin mining requires too much energy; that it boasts as large a carbon footprint as Las Vegas, Nevada, and that it consumes more...

Imagine mining for cryptocurrency while also keeping your computer completely protected. By way of Norton 360 – one of the biggest and most popular examples of anti-virus software available today – this will soon be an available option. Norton 360 Protects Your Computer While You Mine Norton 360 – which is predominantly known for protecting one’s computer and digital devices from malware and similar threats – is entering the crypto space and has announced that it will...

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...

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...

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...

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...