Vitalik Buterin: Proof-of-Stake Might Drive Ethereum Miners out of Business
Even though mining today is quite profitable, this industry may fade into oblivion in the long run, Ethereum founder Vitalik Buterin told Russian publication Kommersant.
Vitalik Buterin: Proof-of-Stake Might Drive Ethereum Miners out of Business
Even though mining today is quite profitable, this industry may fade into oblivion in the long run, Ethereum founder Vitalik Buterin told Russian publication Kommersant.
National Bank of Ukraine Struggles to Clarify Bitcoin’s Legal Status as Mining Farms in Kyiv Raided by Police
According to the official comment by Oleg Chupriy, the deputy chairman of the National Bank of Ukraine, Bitcoin has no legal status in Ukraine.
Ukraine’s Law Enforcement Launch Raids on Local Miners
Even though Ukraine’s legislation does not include any direct bans on cryptocurrency mining, miners have become objects of interest for the SBU, the country’s security service, and other law enforcement agencies.
Digital Rush: From Graphics Cards Mining to Cryptocurrency-Mining Heating Systems
The word ‘mining’ has become mesmerizing for many cryptocurrency enthusiasts and those who had never heard a thing about bitcoin, Ethereum, and other altcoins. Media report that graphics cards are short on supply, while companies selling professional mining equipment can’t handle the flood of orders.
Cryptocurrency Boom Causes Shortage of Graphics Cards Supply in Russia
Russia is experiencing a severe shortage of graphics cards supply. As reported by Russian publication Vedomosti, computer hardware stores are nearly out of them.
Bitcoin Mining in Russia Still Might Put People in Jail
According to Elina Sidorenko, the head of Russian Central Bank’s working group on cryptocurrencies, Russian legislators intend to make mining regulation as friendly as possible, however, selling mined bitcoins still might put people to jail.
Miners Now Can Mine Bitcoin and Emercoin Simultaneously
According to Emercoin’s Ivan Kuznetsov, Emercoin is to officially switch to merged mining this February.
HashFlare on Why They Sell Mining Power, Most Profitable Investments Revealed
Recently ForkLog published a feature “HashCoins to Replace Multiple Passwords with One Blockchain” about HashCoins’ service dubbed Authorizer. After the publication, we received many questions from our readers on a different product by HashCoins, HashFlare, which is a cloud mining service. Some of those questions included accusations of scam. In order to sort out the […]
Russian Billionaire Interested in Industrial Scale Bitcoin Mining
According to Forbes sources, Suleiman Kerimov, CEO of Nafta Moscow, is considering launching a massive cryptocurrency-related project.
Russia Considers Defining Bitcoin As a Foreign Currency
According to Alexei Moiseeev, Russia’s Deputy Finance Minister, the authorities are drafting a new law that would bring bitcoin and other cryptocurrencies under definition of foreign currency.
The Brief History of Bitcoin Mining: How It All Started
The week after bitcoin mining reward halving, ForkLog decided to compile a short overview on the history of mining methods.
Old Bitcoiner Had a Farm: Ten Amazing Mining Facilities
Cryptocurrency mining has become not only a multi-billion business, but also an area for artistic self-expression. Considering the fierce competition on the market, miners have to come up with unusual solutions. In this feature, ForkLog covers some of the most breathtaking projects in bitcoin mining industry.We use cookies to improve the quality of our service.
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