Cryptocurrency Analysis and News Portal
The Beijing-based cryptocurrency mining manufacturing company, Bitmain, has undergone corporate reshuffling as the co-founder and executive director Micree Ketuan Zhan has been removed. The information was released by an internal email sent to the staff and reported on the Chinese media.Chinese news outlets report that another co-founder of the company,
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Chinese cryptocurrency mining giant Canaan Creative has filed to be a publicly-traded company in the United States. On Oct. 28, Canaan Creative filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) to raise $400 million, while planning to be listed on the Nasdaq under
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Andrey Rybkin, a Russian nuclear scientist working at the All-Russian Scientific Research Institute of Experimental Physics, has been sentenced to three years in prison with a hefty fine of 200k rubles ($3,122) for illegally mining Bitcoin with the agency’s computer systems, according to reports on October 28, 2019. End of the
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The World Economic Forum has teamed up with seven leading mining and metals companies to experiment, design and deploy blockchain solutions that will accelerate responsible sourcing and sustainability practices. advertisement Leading mining and metals companies have joined forces to accelerate responsible sourcing of raw materials with the World Economic Forum. The Mining and
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Back on its feet, the world’s largest crypto chip maker Bitmain has made good of its promise to the people of Rockdale, Texas, and the global crypto community at large.You will recall the chip maker promised to create a crypto mining farm in Rockdale last year. Just when hopes were
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One week ago Harmony announced that they have implemented social mining. The first-ever DAO on Harmony as they seek bigger decentralization and for a better reward system for their community. Due to legal reasons, there will be KYC needed in the Harmony case. The KYC form will depend on a payout
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It has been argued countless times that Bitcoin(BTC)trade is in general not good for the environment. More specifically, the energy required to mine Bitcoin is tremendous and since a major source of our energy globally comes from non-renewable energy sources like coal, Bitcoin mining is contributing to the release of
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At the World Digital Mining Summit in Frankfurt, Germany, Bitcoin.com’s CEO Stefan Rust sat down with Jihan Wu, cofounder of Bitmain Technologies and Matrixport. The two discussed how cryptocurrencies being
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Bitcoin mining behemoth and ASIC chip manufacturer, Bitmain, has announced the launch of its 50-megawatt capacity mining farm in Rockdale, Texas. The firm says the project is part of its global expansion plans, according to a blog post on October 21, 2019. Bitmain Live in Texas Leading bitcoin mining equipment manufacturer, Bitmain
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Bitcoin mining startup Layer1 will run its own power sub-station and utilize solar and wind energy generated on the plains of West Texas.Layer1, San Francisco-based startup involved in Bitcoin mining, has raised $50 million in an effort to live up its plan to establish farms for mining. The money has
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