Mining

MrBitcoin June 26, 2018

The State Service for Special Communication and Information Protection of Ukraine has said that it is not planning to regulate cryptocurrency mining, news portal cryptorussia.ru reported June 25. In response to an official request for information by the Better Regulation Delivery Office’s (BRDO), the representatives of the regulatory authority reportedly said that they have no […]

MrBitcoin May 13, 2018

Nick Chong · May 13, 2018 · 7:00 pm Nvidia announced that they had a successful 1st quarter in terms of sales, in part due to the fact that cryptocurrency-related sales boosted their revenues by 10%. Despite the good news, Nvidia expects that the sales generated by cryptocurrency enthusiasts will decrease by over ⅔ over […]

MrBitcoin May 4, 2018

While many in the West often overlook Africa as an emerging blockchain innovation center, a deeper look across the continent tells a very different story. The Blockchain Africa Conference came to a close last month in Johannesburg, South Africa. Around the same time, the Kenyan government set up a task force to study the impact […]

MrBitcoin May 1, 2018

UNICEF Australia is using Coinhive — a crypto-mining service — to extract cryptocurrency through visitors’ computers and fund its ongoing mission in Bangladesh. The UN branch has long worked to provide humanitarian relief for both children and their mothers in developing nations. The organization has now created what representatives call the “Hope Page,” which allows […]

MrBitcoin April 18, 2018

Bitcoin mining is increasingly becoming an activity for big business as the complex calculations needed to generate the virtual currency require industrial-scale capabilities. As the mining industry matures, the expected consolidation is likely to oust ‘regular folks’ that use their personal computers. Large Cryptocurrency Miners Are Taking Over the Game Bill Tai, the chairman of […]

MrBitcoin April 8, 2018

Nick Chong · April 8, 2018 · 3:30 am The Canadian mining organization, one of the largest in North America, has just announced plans to acquire CryptoGlobal. The deal has been estimated to have been worth $106 Million dollars. Last Tuesday, Canadian cryptocurrency mining giant, HyperBlock, announced their acquisition of another mining firm by the […]

MrBitcoin April 7, 2018

A bogus startup offering 8% weekly returns on cryptocurrency and medical marijuana was hit by the Texas State Securities Board yesterday, in another move by against crypto-related financial crimes by U.S. regulators. The Board filed a cease-and-desist order (CDO) against Mark Moncher for allegedly trying to sell unregistered securities through his “Financial Freedom Club,” also […]

MrBitcoin April 4, 2018

Chinese tech giant Bitmain announced that they are releasing an Ethash ASIC miner, according to a tweet April 3. In the tweet, Bitmain says that the Antminer E3 is the “world’s most powerful and efficient EtHash ASIC miner.” The units will retail for $800 each and according to the tweet, are not available in China, […]

MrBitcoin April 3, 2018

Speaking with Mad Money host Jim Cramer, NVIDIA CEO Jensen Huang recently claimed that “cryptocurrency is here to stay,” and he “doesn’t see the craze ending anytime soon.” Though it first came to fruition in 2008, bitcoin gained a solid taste of mainstream popularity in 2017 when its price began rising faster than anyone had […]