Cryptocurrency Analysis and News Portal
In a time of global crisis, a pandemic, and a generally unstable political and social environment, cryptocurrencies have shown remarkable stability. Moreover, the pandemic-induced economic downturn played into the hands of the industry by not only attracting professional cryptocurrency traders but also reviving mining as a way of generating passive
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MineSpot, a company previously unknown in the crypto mining industry, said it is opening a 160-megawatt mining venue in the middle of Siberia that would be the largest mining farm in Russia.The venue is located near the Boguchany Dam in East Siberia, in the town of Kodinsk. It will occupy
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A first-of-its kind service wants to play matchmaker between big-scale mining facilities and individual miners looking for a hosting setup.Bitcoin mining company HASHR8 just launched its Compass platform, a search engine of sorts for individual miners to shop for a hosting facility to operate their mining hardware for them. While
Read MoreSince the end of August, cybersecurity researchers have identified increased activity on a crypto mining botnet called “Lemon Duck”.The botnet has been around since December 2018, however a big jump in activity over the past six weeks suggests that the malware has infiltrated many more machines in order to harness
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BitCluster, a cryptocurrency mining company in Russia, is setting up shop where few dare to wander.A new mining farm above the Arctic Circle, in the industrial area of Norilsk in the Taymyr Peninsula, will provide 11.2 megawatts of power for mining bitcoin. The farm will be working as a “mining
Read MoreAsic Jungle has launched a beta version of what it calls “the first-ever mining hardware marketplace” for cryptocurrency mining hardware. The company's CEO Artem Bespaloff told Cryptox that he has created a trusted platform for second-hand mining equipment that operates without any middlemen:"[It's] the first and only online marketplace where
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The MXC Exchange presents the first-of-its-kind liquidity mining product EQL that offers a loss compensation facility to users for staking their investments in the DeFi space. This product will set a new precedence for offering merit-oriented investment services to DeFi market investors.On Wednesday, October 7, the world’s leading digital assets
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Three of the largest asset managers are diversifying their funds to hold blockchain stocks, throwing more establishment financial might behind bitcoin’s technology.Charles Schwab has begun purchasing shares of Riot Blockchain, joining Fidelity and Vanguard – already investors in Riot, HIVE Blockchain Technologies, Hut 8 and BC Group – in allocating
Read MoreThe newly released generation of Nvidia graphics cards, the RTX 3000 series, is generating some buzz among miners as it is expected to be a vast improvement over the previous generations.While the cards were initially speculated to be only a minor upgrade, new information seems to confirm that they could
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Iran-based bitcoiner Zahra Amini was used to answering questions on cryptocurrencies, but usually about their relationship with crime. So when a 70-year-old man recently asked her to explain crypto because he no longer wanted to rely on the national rial, Amini felt something had changed. “If people that age are thinking
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