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Chinese BTC Miners Ordered To Cut Down On Electricity Consumption
The Chinese government is beginning to worry about the excessive electricity consumption that cryptocurrency mining generates. According to a local news outlet, Bitcoin (BTC)...
China Confiscates Almost 7,000 ASICs From Illegal Crypto Miners
As part of its strong policy against illegal mining operations, the Chinese authorities have sized almost 7,000 crypto mining machines that were illegally consuming...
Russia Uncovers Crypto-Jacking Operation Targeting Government Facilities
The cryptocurrency mining frenzy has led many to come up with new forms to mine crypto. Some legal, some others not so legal. The...
China’s Central Bank Backs The Country’s Blockchain Hype
China's increasingly bullish stance on blockchain technology is evolving at a substantial rate. The People’s Bank of China (PBoC) has added to the national...
Mozilla Firefox Releases Update To Block Cryptojackers
Cryptocurrency mining scripts on websites have become very popular these days, with many websites taking advantage of user’s GPU capacity to mine cryptocurrencies while...
Hong Kong Plans On Sending Illegal Crypto Miners To Prision
For many years, Hong Kong has been one of the most important cities when it comes to international commerce, becoming one of the cities...
Bitmain Begins Massive Layoffs
The biggest cryptocurrency mining company in the world, aka Bitmain, it's reportedly working on its plans to cut down its staff by 50% due...
Bitmain Reveals Its Profits For 2018
For the first time in 2018, Bitmain has released the results of an audit made by KPMG where it showed its profit for the...
Bitcoin This Week: Trump Gives Hope To Bitcoin ETF, Evidence On Blockchain Admissible And...
Today on Bitcoin This Week we discuss Donald Trump’s latest SEC pick gives hope to future ETF, top Chinese court rules evidence on blockchain...
Why Your Identity Must Now Be Verified To Buy ASIC Miners
Bitmain, the leading company of cryptocurrency mining, announced on August 23rd, 2018 that it will begin to conduct a Real-name Authentication campaign (Know Your...
