Latest News of all cryptocurrency mining projects being build and hardware used for mining of cryptocurrency.
The Sacramento Kings a very famous basketball team in the United States has prepared to mine cryptocurrency in the sports arena. The Kings are well known for utilizing new technology for some time. As a Sports team mining cryptocurrency would make the kings the first to start. Yesterday according to...
China is the hotbed for cryptocurrency mining. There are plenty of large cryptocurrency mining operations in China. In a recent development, the Chinese authorities specifically the Chinese police have seized over 200 mining rigs. These mining rigs were used for mining Bitcoin as well as Ethereum. The allegation is that...
Cryptojacking is becoming more and more popular in Japan. Cryptojacking involves the use of computers and machines without the permissions of the users in order to mine the cryptocurrencies. As a result, the Japanese police is cracking down on such hackers which are using the machines without any authorization. In...
Hydro Quebec, Canada’s biggest electric supplier will temporarily halt orders from cryptocurrency miners. This decision was taken with the intention to furnish electricity demands to the whole province. The power utility is currently now facing unprecedented requirement from block-chain businesses that surpasses Hydro Quebec’s short- and – medium-term capacity....
Vietnam bans the import of cryptocurrency mining equipment. This was declared by Vietnam’s Ministry of Finance. Since this past few year’s crypto mining equipments are easily imported into Vietnam. This ban arises due to the various significant crypto fraud cases in Vietnam. The ministry summarized in its own...
Cryptocurrency mining companies are expanding at a rapid pace. It is being done at the institutional level. This is the reason why many towns are also trying to attract the cryptocurrency mining companies. It will help in the generation of employment. Moreover, there will be extensive electricity utilization. As a...
