Category: Mining

How Bitcoin Mining Can Help Nuclear Reactors

Bitcoin mining has been criticized by mainstream media, environmentalists and some economists for its energy consumption deemed excessive. Yes, the…

Russian Accused of Hacking Public Servers to Mine Bitcoin Faces up to Five Years in Prison

A 21-year-old Russian from the Siberian city of Kurgan is facing criminal charges for illegally mining Bitcoins (BTC) via government-owned…

Canaan Creative Announces New Avalonminer A911 Mining Rig

Canaan Creative, the world’s second largest manufacturer of cryptocurrency mining hardware, has announced a new mining rig, the Avalonminer A911,…

US City Mulls Roll Out of Tougher Rules for Crypto Miners

Plattsburgh, New York, is considering bringing in stricter requirements on commercial cryptocurrency mining farms operating in the city. Patrick McFarlin,…

Ethereum’s Constantinople Hard Fork Faces ‘Consensus Issue’ in Testing

An alleged “consensus issue” in the testing of a planned hard fork of Ethereum, called Constantinople, has caused a testnet…

Hacker Livestreams 51% Attack on Bitcoin Private

On Oct. 13, ethical hacker “Geocold” followed through on his promise to 51 percent attack an altcoin. He eventually settled…

Study Argues Chinese Mining Centralization Poses Threat to Bitcoin Network

A joint study conducted by Princeton University and Florida International University has found three-quarters of Bitcoin mining is based in…

New Google Joke Advertisement Questions the Validity of Cryptocurrency as Money

Google entered the cryptocurrency-as-money debate on Tuesday, Oct. 9, arguing over its validity during an introductory video for a new…

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