Tag Archives: Miners

[ad_2][ad_1] Harvest Finance, a major decentralized finance protocol, recently announced a $ 100,000 bounty, following a $ 24 million attack on its cash pools. In a recent tweet released seen by Nairametrics, Harvest Finance revealed that there is so far enough data to identify the attacker, “Who is well known …

[ad_2][ad_1] Reports say Venezuela has now legalized bitcoin mining following the decree recently issued by the National Superintendency of Cryptographic Assets and Related Activities (Sunacrip). As part of the new regulations, all entities and individuals interested in the legal mining of bitcoin and other cryptocurrencies must now apply for a …

[ad_2][ad_1] Iran has granted bitcoin miners exclusive access to electricity generated by three power plants for their mining activities, according to Thermal Power Plant Holding Company (TPPH). Mohsen Tarztalab, managing director of TPPH, told a local news agency on Monday that “the necessary equipment has been installed in three power …

[ad_2][ad_1] Regional reports from China highlighted that some of the major Chinese manufacturers of ASIC mining rigs have run out of their stock of next-generation models. The shrinking supply of high-performance machines could be due to the shortage of 7 and 8nm chips from TSMC and Samsung. Bitcoin miners struggle …

[ad_2][ad_1] In mid-August, officials from China’s Sichuan province approved a number of companies mining bitcoins for the region’s legal consumption of hydroelectricity. After the Ya’an city local government decided to promote mining, Chengdu officials recently talked about welcoming cryptocurrency mining to the Hashcon 2020 event and strengthening a blockchain industrial …

[ad_2][ad_1] Regional reports say that Inner Mongolia officials have outlined 21 bitcoin mines, as the region plans to stop subsidized electricity tariffs for some data companies. Unless bitcoin mining facilities pack up and migrate, mining farms could see a one-third increase in the price of electricity. The Chinese editorial team …

[ad_2][ad_1] According to local media reports, the Iranian power generation, distribution and transmission company (Tavanir) has shut down 1,100 illegal bitcoin mining companies in the country. Whistleblowers informed authorities about the unauthorized miners following a July prize announcement, including 100 million rials (approximately $ 2,400). Tavanir Mostafa deputy chief Rajabi …

[ad_2][ad_1] In recent months, cryptocurrency advocates have focused their attention on Iran. Iranian President Hassan Rouhani started a new mining strategy last May and 14 government-authorized bitcoin mining farms in July. According to China’s Lubian mining operation, it claims to run one of these regulated bitcoin mining companies in the …

[ad_2][ad_1] Although it has been more than two months since the halving took place on the Bitcoin network, the cryptocurrency mining industry is still relieved by the frenzied pace of events that have followed suit. The roller coaster of hash rates has caused Bitcoin (BTC) and Ether (ETH) prices to …

[ad_2][ad_1] Bitmain has delayed shipments of its Antminer bitcoin mining machines by three months as the fight between co-founders, Jihan Wu and Micree Zhan Ketuan, for control of the company intensifies. According to a post on Bitmain’s official Wechat account, the Beijing-based bitcoin miner manufacturer said customers whose orders were …