[ad_2][ad_1] Bitcoin Cash advocates recently discussed a new mining entity with a large amount of hashrate joining the network. The merge mining operation called HathorMM currently captures 33% of the Bitcoin Cash hashrate and miners are mining Bitcoinsv as well. The Bitcoin Cash (BCH) network currently has 2.77 exahash (EH …
Read More »Abkhazia lifted two-year ban on Bitcoin mining, moves to regulate the sector
[ad_2][ad_1] Abkhazia, the self-governing but disputed territory of only 245,000 people sandwiched between Russia and Georgia, has lifted its two-year ban on cryptocurrency mining. The ban went into effect in December 2018 after a surge in mining activity left the region facing an energy crisis. Now, the government is moving …
Read More »Chinese mining rig manufacturer Microbt announces an offshore ASIC factory
[ad_2][ad_1] On Friday, Chinese bitcoin mining platform maker Microbt announced plans to create an offshore facility that produces the company’s Whatsminer devices and parts for North America. The company revealed the news of the expansion when it announced a recent partnership with New York-based Foundry Digital LLC. Microbt’s Whatsminer mining …
Read More »Venezuela Passes Law Legalizing Cryptocurrency Mining, Forces Miners To Join National Mining Pool
[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 …
Read More »TRON (TRX) starts DeFi mining collaboration with Huobi
[ad_2][ad_1] TRON and Huobi collaborate to enable HT token mining and delegation on sun.market. The amount of Tether (USDT) in the TRON blockchain exceeds $ 5 billion, Justin Sun reveals. The TRON DeFi industry continues to build partnerships in its bid to be a competitor to Ethereum’s DeFi. Through his …
Read More »Cryptocurrency mining activities are now regulated by the Venezuelan government
[ad_2][ad_1] The Venezuelan National Superintendency of Crypto and Related Activities, or SUNACRIP, has issued the first decree to officially regulate all cryptocurrency activities. To qualify, miners will need to meet specific requirements. An official announcement was first published in the Gaceta Oficial and signed by the head of SUNACRIP, Joselit …
Read More »Former government contractor avoids jail for mining crypto at work
[ad_2][ad_1] A former government contractor in Australia who mined cryptocurrencies using state-owned supercomputers avoided jail time. According to the Sydney Morning Herald, Jonathan Khoo was ordered to complete 300 hours of community service for installing code on two supercomputers operated by the Commonwealth Scientific and Industrial Research Organization, or CSIRO, …
Read More »Global Digital Industry Group Launches Bitworld Mining
[ad_2][ad_1] UAE cryptocurrency giant, Global Digital Industry Group (GDIG), has established its mining subsidiary Bitworld and will invest $ 50 million in the company by 2021 as it works to build the company’s presence in Bitcoin and Ethereum mining. of the Middle East. GDIG has appointed its mining manager, Planck …
Read More »Philippine SEC warns of Ponzi of “cloud mining” related to Bitcoin Vault
[ad_2][ad_1] The Philippine SEC has released an official warning about Bitcoin (BTC) Mining City’s “cloud mining” company, advising the public to avoid the scheme and others like it. Despite official condemnation, the price of a related cryptocurrency is on the rise. The notice describes the company as an unlicensed entity …
Read More »Miny.CC – Innovation in the cryptocurrency mining sphere
[ad_2][ad_1] Aberdeen, Hong Kong, September 16, 2020. – More than 10 years after the first cryptocurrency was successfully mined, the mining space is more controversial than ever. The process was created to be democratic; to allow any PC to have spare computing resources contribute to the surplus to help maintain …
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