Hong Kong-based cryptocurrency exchange BTCC is shutting down its mining pool business, BTCC Pool Limited, after four years in operation. Coindesk reports that.
Bitcoin mining constitutes the basis of Bitcoin network, resembling gold mining. Bitcoins exist in the protocol design (like gold under the ground), but they have not been taken from it yet (like gold which have not been dug out). Unlike traditional currencies such as dollars or euros issued by central banks, cryptocurrency is mined as a reward for solving of a computational task. Though this issue is rather difficult to comprehend, Neironix would like to make Bitcoin mining explained. Get ready to be aware of secrets and pitfalls!
Bitmain, the Beijing-based bitcoin mining giant, has officially filed an application in its bid to go public on the Hong Kong Stock Exchange (HKEX). Coindesk reports that.
The bitcoin mining industry is having an exciting couple of days. Coindesk reports that.
Bitfury Group has developed a new, more efficient bitcoin mining chip, the firm announced Wednesday. Coindesk reports that.
Europol has warned against the rising threats of cryptocurrency hacks, extortion and mining malware in a new report.
The Iranian government has recognized cryptocurrency mining as a lawful activity as part of its effort to introduce a national cryptocurrency – a move that saw bitcoin's price briefly spike to record levels on local exchanges.
GMO Internet, a leading Japanese bitcoin mining firm, has informed investors that it has stopped mining bitcoin cash, documents purportedly distributed by the company show.
Genesis Mining, responding to falling bitcoin mining rewards for its customers, is offering a discount to help customers withstand the current downturn, the company announced in a blog.