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China Reiterates its 2018 Ban on Bitcoin Mining and Crypto Trading

China has reignited plans of cracking down on Bitcoin mining and trading within its borders Bitcoin has dipped from $41k to a local...

Filecoin (FIL) Launches Co-mining Pilot with Livepeer (LPT)

In brief: Filecoin and Livepeer are launching a co-mining pilot project The test will see Filecoin miners become Livepeer video miners The similarities between...

Over 6.5B Tron (TRX) – $210 Million – Locked in Sun Genesis Mining

Quick take: Tron investors have locked approximately 6.5 Billion TRON in Sun Genesis Mining This translates to approximately $210 Million The value of TRX...

Tron’s Sun Genesis Mining Helps TRX Avoid Crypto Market Selloff

Quick take: Tron has proven immune to the ongoing crypto market selloff TRX has broken $0.04, a value last tested in June 2019 Tron...

Binance Launches Mining Pool, Focusing First on Bitcoin (BTC)

In brief: Binance has launched a new Mining Pool service.  The mining pool will support Proof of Work and Proof of Stake blockchain protocols. ...

Bitcoin Mining Hash Rate Sees 7.1% Drop as Price Flails at $9,000

Ouch. Despite the fact that Bitcoin (BTC) saw a 42% recovery that pushed the cryptocurrency to $10,500 just two weeks back, miners seem to...

Bitcoin Mining Boom Pushes Network Energy Usage to That of Venezuela

Bitcoin Mining Now An Even Bigger Industry Despite the recent lull in the price of the Bitcoin price, miners still seem to be putting their...

Chinese Media: Inner Mongolian Government to Restrict Bitcoin Mining

Crypto Mining Crackdown in Inner Mongolia Reports from China-centric crypto news outlet ChainNews have suggested that Inner Mongolia, an autonomous region of China, is looking...

Monero Mining Malware Smominru Modified to Steal Sensitive User Data

A malware program called Smominru has been mining privacy oriented cryptocurrency Monero (XMR) on half a million infected computers. The malicious mining script has...

Blockstream Launches New Mining Service, Fidelity An Early Customer

Blockstream, a Canadian firm focused on developing products for the cryptocurrency industry, announced the launch of two large data centers for enterprise level co-location...

Bitcoin Mining Consuming as much Energy as a Medium-Sized Country: IEA Report

With ever-increasing hashrates and mining difficulty, the power consumption of cryptocurrency mining is set only to climb higher. Ever since the price of Bitcoin...

El Salvador, the first country to mine Bitcoin using volcanoes

El Salvador, the first country to make bitcoin legal tender, has officially mined the first bitcoin using volcanic energy. This was revealed when President...