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Northern Bitcoin AG, a German company specializing in the manufacturing of sustainable infrastructure for cryptocurrency mining, has announced the competition of testing for their newest product: an air-cooled mining container. As per the press release, the container can fit up to 144 ASIC rigs and is hospitable in an outdoor
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Bitcoin (BTC) mining infrastructure firm Northern Bitcoin AG has announced the completion of tests for its new air-cooled mining container, which houses 144 ASIC miners.A press release published on Sept. 9 outlined that the highly mobile container solution has been designed as a piece of flexible and efficient infrastructure
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An illegal crypto mining operation involves hijacking multiple internet cafes, bribery and some 100 million yuan in crypto. | Source: ShutterstockFifteen Chinese individuals have reportedly been arrested for their involvement in an illegal cryptocurrency mining operation that hijacked the bandwidth of scores of internet cafes to mine approximately 100
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On Aug. 28, the Ministry of Economy of Kyrgyzstan has submitted the draft law “On Amending the Tax Code” with the aim of introducing cryptocurrency mining taxation.New tax proposalAccording to news outlet Kabar, the draft law was specifically developed to allow for the possible taxation of crypto mining.The taxation
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Photo: ShutterstockHowever, it shows that most of the profitability has been gathering around the last three years, where Bitcoin had reached both its most profitable and its most unprofitable price point. Although the largest fall was to somewhere around $3000 it needs to be considered that hash rate and
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The individual accused of perpetrating a massive-scale hack of credit card issuer Capital One also allegedly hacked cloud customers’ servers to mine cryptocurrency for herself. Court filings published on Aug. 28 reveal that Paige A. Thompson has been indicted on charges of both perpetrating the Capital One breach and of
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Cryptocurrency mining firm Argo Blockchain is reportedly increasing its hashrate as the company’s stock price soars.An aggressively expanding mining firmUnited Kingdom-based business news outlet ProactiveInvestors reported on Aug. 27 that crypto mining company Argo Blockchain is expanding its mining capabilities after its stock price registered a sharp increase in
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About Richard KasteleinFounder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the
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According to reports in the Chinese news media, a person close to the crypto mining giant Bitmain has divulged that the semiconductor manufacturing company has recently placed new hardware orders in the overall sum of 600,000 cryptocurrency mining machines. With these additional crypto mining chips, Bitmain is anticipated to increase
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