News

LATEST MINING NEWS FROM AROUND THE WEB

The news listed here are fetched automatically from different online sources: news sites, blogs and forums etc., including Google.

Coinbase-Backed Startup Releases Home Cryptocurrency Miner
A startup backed by Coinbase and Arrington Ventures has launched a cryptocurrency miner for domestic use. The new device, however, won’t be powerful enough to mine Bitcoin (BTC). Mass-Market Appeal Coinmine — a startup ran by computer scientist Farb Nivi and industrial designer Justin Lambert — has taken the challenge to bring cryptocurrency mining to the masses. They’re set to release [ ... ] read more
Found on: BitcoinistPublished on: 2018-11-16By Georgi Georgiev
4 hours ago

Report: Application for Chinese Crypto Miner Canaan’s $400 Mln IPO Lapses
The IPO application of crypto mining hardware manufacturer Canaan has expired amid questions from regulators about the firm’s business model [ ... ] read more
Found on: CointelegraphPublished on: 2018-11-16By Cointelegraph By Ana Alexandre
5 hours ago

French Financial Markets Regulator Estimates ICOs Have Raised $21.9B Globally Since 2014
France’s financial markets regulator, the Autorité des marchés financiers (AMF), has published a report examining trends relating to initial coin offerings. The AMF describes ICOs as a “marginal” method of financing, estimating that the global ICO industry has raised €19.4 billion ($21.9 billion) since 2014. Also Read: Russian Developers to Help Iran Build Its Crypto-Economy Significant Centralization of Capital The AMF report [ ... ] read more
Found on: news.bitcoin.comPublished on: 2018-11-16By Samuel Haig
7 hours ago

Swedish County Battles with Unpaid Electricity Bills Left by Bitcoin Mining Companies
The Swedish county of Norrbotten has seen the failure of not one, but two recent cryptocurrency mining initiatives, has two companies have disappeared leaving millions in unpaid electricity bills, Sverige Radio reported on November 13, 2018. Crypto Mining in Sweden Stalls as Companies Bail The prolonged bear market of 2018 appears to have affected two cryptocurrency mining operations in the...Read [ ... ] read more
Found on: BTCmanagerPublished on: 2018-11-16By Priyeshu Garg
7 hours ago

Curated blockchain and cryptocurrency news – Week 45
Welcome back to another week of our collection of the most interesting cryptocurrency and blockchain news stories. Google gets hacked on Twitter, Social good campaigns, a headmaster gets busted for stealing electricity to mine ETH, blockchain voting apps, an island state looking to create their own national cryptocurrency and more in this week’s cryptocurrency and blockchain news update. November 8th [ ... ] read more
Found on: CryptoNewsPublished on: 2018-11-16By Zoran Spirkovski
7 hours ago

Miner Abandons Swedish County, Leaves $1.5M in Unpaid Electricity Bills
Two mining companies with operations in Sweden have reportedly abandoned their facilities in the country’s northernmost county of Norrbotten. One of the companies, U.S. miner NGDC, appears to have suddenly fled from the area, leaving $1.55 million in unpaid electricity bills in its wake. Also Read: Seba Crypto Eyes Swiss Bank License, Independent Reserve Integrates Tax Tool US-Based NGDC Bails on [ ... ] read more
Found on: news.bitcoin.comPublished on: 2018-11-15By Samuel Haig
8 hours ago

Is Bitcoin ABC Really Winning the Bitcoin Cash “Hash War”?
A lot of cryptocurrency enthusiasts are currently focused on the Bitcoin Cash hard fork. That is only normal, even though its impact on the entire crypto industry remains to be determined. As far as the hashrate is concerned, a somewhat uncertain picture is being created. Both chains seem neck-in-neck, although there are a few things unclear about Bitcoin SV’s network. [ ... ] read more
Found on: The MerklePublished on: 2018-11-15By JP Buntinx
9 hours ago

Coinbase Ventures Backs Home Crypto Mining Startup Coinmine
Coinmine is a new startup that aims to make in-home mining accessible for non-technical users, based in Los Angeles and founded by Farb Nivi and Justin Lambert. The company has reportedly raised about $2 million from VC funds and angel investors such as Coinbase Ventures and Tinder Chief Product Officer Brian Norgard. Also Read: Kucoin Exchange Raises $20 Million in [ ... ] read more
Found on: news.bitcoin.comPublished on: 2018-11-15By Avi Mizrahi
10 hours ago

Bitcoin Miner ‘Canaan Creative’ IPO Will Not Happen in 2018
Bitcoin mining equipment maker, Canaan Creative, on Thursday (November 15, 2018) allowed its Initial Public Offering (IPO) filing to elapse. Reports suggest that the company will shelve its IPO plans at least for the remainder of the year. Canaan Allows $400 Million IPO Application to Lapse According to Reuters, Canaan Creative allowed its $400 million IPO listing to expire. This [ ... ] read more
Found on: BitcoinistPublished on: 2018-11-15By Osato Avan-Nomayo
10 hours ago

A Look at Sharkpool’s Mission to Break Altcoins for Bitcoin Cash (BCH)
A mining pool started by a Bitcoin Cash developer aims to wage war against altcoins and convert the spoils to cryptocurrency. [ ... ] read more
Found on: CryptovestPublished on: 2018-11-15By Miguel Gomez
10 hours ago

Hash Wars: The Bitcoin Cash Hard Fork Has Begun
Today Thursday, Nov. 15, a great majority of the cryptocurrency community is fixated on the contentious Bitcoin Cash (BCH) hard fork and watching the spectacle with great anticipation. At approximately 1:00 p.m. EST miners backing both implementations started the fork process in order to change the Bitcoin Cash protocol ruleset. Currently, at the time of publication, the chain has split [ ... ] read more
Found on: news.bitcoin.comPublished on: 2018-11-15By Jamie Redman
11 hours ago

Canaan’s Hong Kong Listing Plans in Limbo
Plans by bitcoin mining equipment manufacturer Canaan to list shares on the Hong Kong stock exchange are now uncertain, as the Chinese company’s application for an initial public offering (IPO) expired on Nov. 14 — exactly six months after it submitted the documents to the Asian bourse. Also Read: Bitcoin ATMs Most Common Scam Payment Method in Australia IPO Will [ ... ] read more
Found on: news.bitcoin.comPublished on: 2018-11-15By Jeffrey Gogo
12 hours ago

Canaan’s IPO Less Probable after HKEX Application Lapses
Chinese Bitcoin mining equipment maker Canaan doesn’t plan to continue with its IPO, as it lets its application lapse. [ ... ] read more
Found on: CryptovestPublished on: 2018-11-15By Anatol Antonovici
13 hours ago

Research Reveals Ethereum (ETH) GPU Mining Profitability Drops to Zero
Despite the claims of being a decentralized coin, mining Ethereum with a GPU is not profitable in November 2018. [ ... ] read more
Found on: CryptovestPublished on: 2018-11-15By Christine Masters
13 hours ago

Canadian Court to Take Custody of Quadrigacx Funds, NYDIG Gets Bitlicense
In recent regulatory news, a Canadian court plans to take custody of $19.5 million of funds that Quadrigacx deposited with the Canadian Imperial Bank of Commerce before they were frozen due to competing ownership claims. Also, New York state regulators have granted the 14th Bitlicense to New York Digital Investment Group, and it has been alleged that the authorities in [ ... ] read more
Found on: news.bitcoin.comPublished on: 2018-11-15By Samuel Haig
13 hours ago

Ahead of Bitcoin Cash Fork, Hash Power Still Favors SV Camp
Bitcoin cash's ongoing hash war remains lopsided, with mining pools supporting Bitcoin SV controlling nearly 75 percent of the current network. [ ... ] read more
Found on: CoindeskPublished on: 2018-11-15By Nikhilesh De
14 hours ago

Ahead of Bitcoin Cash Fork, Mining Power Still Favors SV
Bitcoin cash's ongoing hash war remains lopsided, with mining pools supporting Bitcoin SV controlling nearly 75 percent of the current network. [ ... ] read more
Found on: CoindeskPublished on: 2018-11-15By Nikhilesh De
14 hours ago

Coinbase CTO: Time May Be Right for Home Crypto Mining
Mining innovator Balaji Srinivasan pivoted away from that business in 2017, but now believes the time is right for a home miner. [ ... ] read more
Found on: CoindeskPublished on: 2018-11-15By Brady Dale
18 hours ago

Such Hard Fork, Much Hot Air? Dogecoin Still Used 4X More Than Bitcoin Cash
Bitcoin Cash may be in the spotlight as cryptocurrency markets tumble, but some have already played down the altcoin’s importance – even compared to Dogecoin. Much Ado About Forking Nothing While commentators from social media pundits to mainstream media networks focus on the Bitcoin Cash (BCH) 00 hard fork to explain the sudden return of volatility to cryptoassets, the extent [ ... ] read more
Found on: BitcoinistPublished on: 2018-11-15By Esther Kim
19 hours ago

Bitmain Denies Reports That CEO Jihan Wu Was Ousted From Its Board
Mining giant Bitmain says CEO Jihan Wu still serves on its board, despite media reports to the contrary. [ ... ] read more
Found on: CoindeskPublished on: 2018-11-15By Wolfie Zhao
20 hours ago

Individual ETH Mining No Longer Profitable, Analysis Suggests
GPU-reliant Ethereum miners are making zero profit amid a bear crypto market and falling network hashrates. [ ... ] read more
Found on: CryptovestPublished on: 2018-11-15By Deyana Laguna
21 hours ago

Bitcoin Miner Canaan’s IPO Looms as Filing Status Now ‘Lapsed’
Canaan Creative's IPO application looms as the bitcoin mining firm's filing status at the Hong Kong Stock Exchange is now "lapsed." [ ... ] read more
Found on: CoindeskPublished on: 2018-11-15By Wolfie Zhao
22 hours ago

Bitcoin Miner Canaan’s IPO Likely Delayed After Hong Kong Filing Expires
Canaan Creative's IPO may be in doubt as the bitcoin mining firm's filing with the Hong Kong Stock Exchange has now lapsed. [ ... ] read more
Found on: CoindeskPublished on: 2018-11-15By Wolfie Zhao
22 hours ago

Report: Cryptocurrency Mining Attacks Likely to Surge in the Future
Kaspersky Lab’s cyber threat and research arm Securelist published a report on November 13, 2018, which provides details on the rising trend of cyber attacks on cryptocurrency exchanges in Q3 2018. The report also mentions prominent cyber attack groups including Lazarus as well as observing massive growth in crypto mining attacks. Q3 2018 Crypto Attack Trend The notorious cyber hacking...Read [ ... ] read more
Found on: BTCmanagerPublished on: 2018-11-15By Aisshwarya Tiwari
23 hours ago

Israeli Cryptocurrency Mining Firm Files for Canadian IPO after 6,500 Percent Gains in Tel Aviv Stock Indices
Last week, cryptocurrency mining company Bitfarms filed a preliminary prospectus with the Ontario Securities Commission (OSC) in a bid to offer public shares on one of Canada’s most prominent bourses, reported Calcalistech on November 12, 2018. Shifting to Booming Canada Bitfarms CEO Wes Fulford noted Canada has “one of the most active public markets” in the burgeoning blockchain sector, with...Read [ ... ] read more
Found on: BTCmanagerPublished on: 2018-11-15By Shaurya Malwa
1 day ago

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