The9 to acquire Chia mining equipment for $5.7 million
Nasdaq-listed The9 Ltd signed agreements to purchase Chia (XCH) mining devices and to lease cloud services from three different suppliers for a total of more than $5.7 million.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.
The9 to acquire Chia mining equipment for $5.7 million
Nasdaq-listed The9 Ltd signed agreements to purchase Chia (XCH) mining devices and to lease cloud services from three different suppliers for a total of more than $5.7 million.
Four people arrested in Turkey for smuggling 501 Bitcoin miners
Turkish Customs confiscated a record batch of smuggled ASIC miners worth 5 million Turkish lira ($600,000).
Mining-equipment thief identified in Irkutsk Oblast after half-million-ruble theft
Law-enforcement authorities in Irkutsk Oblast have located a suspect who stole mining equipment. The local МВД reports this.
SkyBridge Capital chief bets 0.005 BTC that Tesla will enter mining
SkyBridge Capital founder Anthony Scaramucci predicted that within the next year one of Elon Musk's companies would enter the market for environmentally friendly cryptocurrency mining.
Bitcoin mining difficulty hits a new record
As a result of another adjustment in mining difficulty for the first cryptocurrency, it rose by 21.53%, reaching a new high of 25 trillion hashes.
Phison forecasts SSD shortage until 2023 due to Chia miners
Taiwanese company Phison Electronics warned of an impending rise in SSD prices due to the hype around Chia mining.
Ethereum daily mining revenue hits $100 million, surpassing Bitcoin
Over the last seven days, the average daily revenue of Ethereum miners was $103 million, compared with $67 million on the Bitcoin network.
ECB board member says Bitcoin threatens sustainable development goals
Cryptocurrency mining, such as Bitcoin, poses a threat to global sustainable development in environmental terms, according to European Central Bank board member Fabio Panetta.
MSI unveils its own Nvidia mining GPUs
MSI introduced the CMP 30HX Miner and CMP 30HX Miner XS GPUs.
Ninepoint Partners to allocate portion of management fees to reducing carbon footprint
Ninepoint Partners, the Bitcoin ETF provider on the Toronto Stock Exchange, will allocate an undisclosed portion of its management fees toward reducing its carbon footprint.We use cookies to improve the quality of our service.
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