Digital Currency Group’s Barry Silbert enters Bitcoin mining
The American mining company Foundry became 100% a subsidiary of Digital Currency Group (DCG), whose founder and CEO is Barry Silbert.All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.
Digital Currency Group’s Barry Silbert enters Bitcoin mining
The American mining company Foundry became 100% a subsidiary of Digital Currency Group (DCG), whose founder and CEO is Barry Silbert.
Riot Blockchain to buy another 5,100 Bitcoin miners from Bitmain for $11.2 million
Nasdaq-listed American mining company Riot Blockchain announced a new contract with Bitmain to purchase 5,100 Antminer S19 Pro devices for $11.2 million.
Experts: China cannot control Bitcoin
Representatives of the cryptocurrency community criticised the statement by Ripple co-founder Chris Larsen, who reported about a threat to Bitcoin from the Chinese authorities. In his view, the government of the PRC could intervene in the operation of Bitcoin's blockchain.
Bitcoin miners in China’s Inner Mongolia to face a 30% rise in electricity tariffs
Authorities in the Inner Mongolia Autonomous Region in northern China will scrap the preferential electricity tariff for 21 mining farms identified in the region, according to 8btc.
Iranian authorities shut down 1,100 illegal bitcoin farms
Iran's national energy holding company Tavanir suspended operations at 1,100 mining farms whose owners did not apply for a cryptocurrency mining licence. Sources within the agency received 100 million rials ($2,400) as a reward. The Financial Tribune, citing local media, reports this.
Texas-based Layer1 accused of misleading investors
The Texas-based mining company Layer1 misled investors about the amount raised and the composition of its founding team, according to Twitter industry insider BTCK555.
Kazakhstan to open one of the world’s largest mining data centres
In September, Enegix plans to open in Kazakhstan one of the world's largest data centres, with a capacity of 180 megawatts. ForkLog has learned from Enegix representatives.
Bitcoin mining difficulty hits a new all-time high
As a result of yet another recalculation of Bitcoin mining difficulty, the metric rose by 3.6% to 17.55 trillion hashes.
Ethereum miners oppose 75% block-reward cut
Ethereum developers proposed a 75% cut in block rewards. The move drew criticism from miners.
Canaan Founder Denies Ties to Layer1, the Mining Company
The Layer1 startup, which mines Bitcoin in Texas, identified Canaan Creative founder Liu Xiangfu as part of the company's leadership. Xiangfu himself denied any connection with the organization. This was reported by a Twitter industry insider under the handle BTCKING555.We use cookies to improve the quality of our service.
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