Search Results for: mining

Bitcoin [BTC] mining could go nuclear; Belarus emerges as China successor

Bitcoin [BTC] mining could go nuclear; Belarus emerges as China successor

Belarus has emerged as a contender to take the cryptocurrency mining mantle for China, following the latter’s proposed ban that looks to outlaw the domestic mining industry. Aleksandr Lukashenko, the President of the eastern European country, voiced his support for the decentralized currency industry in what will be a new chapter for the country. Following […]

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Chinese Company Lost $23 Million Allegedly Mining Cryptocurrency in Secret

Chinese Company Lost $23 Million Allegedly Mining Cryptocurrency in Secret

A subsidiary of Chinese firm Huatie has been sold off at 10 percent of its initial value following losses from suspected secret cryptocurrency mining activities amounting to about $23 million. 90 Percent Value Plunged Probably Due to 2018 Bear Market According to Chinese crypto media outlet 8BTC, Huatie HengAn, a subsidiary of Huatie has been sold for $2 million. Reports indicate that the company’s value plunged by about 90 percent from an initial valuation of

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Facebook Goes Down as Bitcoin Continues Mining Blocks With 99.98% Uptime

Facebook Goes Down as Bitcoin Continues Mining Blocks With 99.98% Uptime

Social media giant Facebook and its Instagram and Whatsapp platforms went down for a couple of hours highlighting the stability of Bitcoin and its decentralized architecture.  Facebook Goes Down Social media website Facebook went down for a few hours on April 13th according to a monitoring resource downdetector.com. Whatsapp, the popular messaging app, and Instagram, a picture-sharing social media platform, both owned by Facebook, have also experienced outages. According to a report by Business Insider, there were

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BitDeer.com Antminer S17 Mining Plans Now on Sale
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BitDeer.com Antminer S17 Mining Plans Now on Sale

Singapore – BitDeer.com, the leading computing power-sharing platform, has just kicked off the presale of S17 mining plans deploying the recently revealed Antminer S17 series miners. BitDeer’s S17 plans support BTC/BCH mining, and will be offered…

BitDeer.com Antminer S17 Mining Plans Now on Sale

BitDeer.com Antminer S17 Mining Plans Now on Sale

Singapore – BitDeer.com, the leading computing power-sharing platform, has just kicked off the presale of S17 mining plans deploying the recently revealed Antminer S17 series miners. BitDeer’s S17 plans support BTC/BCH mining and will be offered in 120-day, 180-day, 240-day, and 360-day durations. Users can now purchase the presale S17 plans on BitDeer.com. Unveiled by […]

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Cryptocurrency mining scripts such as Coinhive can be blocked on Mozilla Firefox

Cryptocurrency mining scripts such as Coinhive can be blocked on Mozilla Firefox

Mozilla Firefox has always been at the forefront of protecting its users from cryptocurrency mining scripts. Last year, the open-source web browser released a statement assuring its users that it would block mining scripts in its upcoming version. Staying true to its word, the leading browsing platform released a statement titled ‘Protecting Against Fingerprinting and […]

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Cryptomining Scripts Blocked by New Firefox Build
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Cryptomining Scripts Blocked by New Firefox Build

Firefox has collaborated with a privacy firm called Disconnect to stop unwanted browser-based cryptomining and fingerprint-tracking. Firefox has compiled a list of websites that serve cryptomining scripts. Firefox will block such scripts by default in …

Chinese draft proposal seeks to eliminate crypto-mining activity, terms it ‘undesirable and wasteful’

Chinese draft proposal seeks to eliminate crypto-mining activity, terms it ‘undesirable and wasteful’

China is moving towards discouraging cryptocurrency mining in the region. In an all-new draft proposal, the latest industry under the scanner is cryptocurrency mining. According to the proposal by the National Development and Reform Commission [NDRC], crypto-mining is flagged as an “undesirable industry”. The proposal urged the State to get rid of the “wasteful” sector. According […]

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