Two Bitcoin mining firms entered a merger agreement and plan to jointly build the world’s largest mining farm. German Bitcoin (BTC) mining firm Northern Bitcoin has entered a merger agreement with United States-based competitor Whinstone to jointly build what will supposedly be world’s largest mining farm. According to a Northern Bitcoin press release published on…
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A successful hard fork for the altcoin only took 77% of miners with it, leaving the rest spending money validating the old chain. Bitcoin Cash (BCH) miners appear to have wasted money mining 14 blocks on the wrong chain after the altcoin underwent a hard fork. According to data from monitoring resource Fork Monitor on…
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As the crypto mining industry continues to grow, is China able to sustain its mining boom as the industry leader? The cryptocurrency mining industry continues to grow daily, supported by a continuous stream of new and more efficient hardware. China is at the forefront of the industry, but as environmental concerns loom, the sustainability of…
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Regulators in the Chinese autonomous province of Inner Mongolia intend to dispatch inspection units to assure the clean-up of local crypto mining companies. Regulators in the Chinese autonomous province of Inner Mongolia continue to crack down on the province’s crypto mining companies. The Global Times reported on Nov. 13 that northern China’s Inner Mongolia Autonomous…
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Iranian authorities are offering a bounty to anyone who exposes unauthorized mining operations in the country. Iranian authorities are offering a bounty to anyone who exposes unauthorized mining operations in the country, Iranian news outlet PressTV reports on Nov. 13. A spokesman of the Energy Ministry announced the bounty program during an interview with local…
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Chinese cryptocurrency mining giant Canaan Creative aims to raise $100 million in its United States initial public offering planned for this month. Chinese cryptocurrency mining giant Canaan Creative has announced terms for its United States initial public offering (IPO) planned for later this month. On Nov. 13, Renaissance Capital reported that Bitcoin (BTC) mining giant…
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Bjarne Stroustrup, the creator of C++ programming language, has vented his frustration about the use of C++ in Bitcoin mining operation. Bjarne Stroustrup, a Danish computer scientist and the creator of C++ programming language, has vented his frustration with use of C++ in Bitcoin (BTC) mining. Stroustrup made his remarks during an interview for Lex…
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Difficulty readjustment shows Bitcoin network stabilizing itself as mixed price action continues, but miner interest remains as hash rate rises. Bitcoin (BTC) mining difficulty adjusted downwards more than at any time since its 2018 price low on Nov. 8, data shows. As noted by entrepreneur and cryptocurrency commentator Alistair Milne on Monday, difficulty fell by…
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Emerging technologies have the potential to impact climate change and shift society’s makeup to be more sustainable and accessible to all. The world is slowly, but very surely, turning its attention to climate change, and to the human activities that are having the largest impact. The recent U.N. General Assembly on Climate Change broached these topics in…
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Chinese police are holding the founder of Bitmain rival MicroBT over suspected allegations of intellectual property infringement. The founder of Bitcoin mining rig manufacturer MicroBT is being held as of Nov. 8 by Shenzhen Police to assist in an investigation, according to a local news source. Police are likely to be questioning Zuoxing Yang over…
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