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Norway has abolished electricity subsidies for miners

Norway has abolished electricity subsidies for miners

November 23, 2018

The government of Norway has decided to abandon the preferential supply of energy to enterprises engaged in the production of cryptocurrencies. This was reported by the portal CoinDesk with reference to local media. Now miners in Norway pay for electricity at reduced rates on a par with other industrial enterprises that consume large amounts of […]

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The company "Doctor Web" found a virus for hidden mining Monero

The company “Doctor Web” found a virus for hidden mining Monero

November 22, 2018

Experts of the Russian company “Doctor Web” identified a computer virus–miner, which when installed removes other viruses for hidden mining and anti–viruses, downloads a virus for DDoS attacks, and then begins the hidden mining of the digital currency Monero. The Trojan is registered in the startup and starts the process of mining the virtual currency […]

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Mining company Giga Watt left the market with a credit debt of $70 million

Mining company Giga Watt left the market with a credit debt of $70 million

November 22, 2018

The American mining company Giga Watt was forced to finish its work due to the fall of the crypto market. At the same time, the company has not yet repaid the debt to creditors in the amount of up to 70 million dollars, according to Crypto News The leadership of Giga Watt sent documents to […]

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A new war in the cryptocurrency world

A new war in the cryptocurrency world

November 19, 2018

SharkPool’s mining pool threatens to destroy altcoins that use the name bitcoin in their name and do not meet Satoshi Nakomoto’s original vision. It is worth noting SharkPool is managed by CashPay Solutions. This startup supported Bcash SV, which is a product of the self-proclaimed Satoshi Nakamoto K. Wright. SharkPool experts have already come up […]

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How much miners lost after BCH split

How much miners lost after BCH split

November 19, 2018

BSV enthusiasts, mining digital currency for Antminer S9, spend $ 325 thousand per day. The current prices for BCHSV and electricity are $ 100 and 5 cents a kilowatt. Employees of the research division of the BitMEX cryptocurrency exchange also note that the” success ” of the Bitcoin ABC camp is accompanied by other losses. […]

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​Nvidia shares fell in price by 17%

​Nvidia shares fell in price by 17%

November 19, 2018

Nvidia’s shares decreased by 17% after the financial data for Q3 were disclosed. According to the new financial report, the volume of unsold products significantly increased. General Director of the company D. Huang is convinced that this the result of reduced demand for graphic cards from miners. Founder of Nvidia also said that the company […]

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Coinbase rely on home mining cryptocurrencies

Coinbase rely on home mining cryptocurrencies: the company invests in a startup for coinmine

November 17, 2018

Balaji Srinivasan, chief technology officer of Coinbase, is betting his house, and for coinmine mining startup, which announced the beginning of sales of pre-orders on their first home machine for mining cost of $799. Balaji believes that now the main thing is not to miss a successful wave, because time is the most valuable resource, […]

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NVIDIA reported a decline in sales of mining equipment

NVIDIA reported a decline in sales of mining equipment

November 16, 2018

NVIDIA has published a report on its financial performance for the third quarter of 2018 from which it follows that revenues from sales of mining equipment fell to a new low, according to the portal CoinTelegraph with reference to the press center of the giant. The company reported that the demand for graphics processors (GPU) […]

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China's miners disconnected from power supply

China’s miners disconnected from power supply

November 16, 2018

Not so long ago, the agreements signed by mining farms with the Chinese government on the new rules of work, now cost the loss of 20% of the hashrate. Government auditors proceeded to inspect large mining farms in the Chinese provinces of Xinjiang and Guizhou, disconnecting them from power supply during the inspection and forcing […]

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Susquehanna: the profitability of mining drops ETH, together with its hasraton

Susquehanna: the profitability of mining drops ETH, together with its hashrate

November 15, 2018

The production of digital currencies is becoming less profitable enterprise, according to a recent study of the company Susquehanna. As noted by the report of analysts of the company, the profitability of Ethereum mining in the autumn of this year has approached zero. Only in July last year, miners mining cryptocurrency ETH using graphics processors […]

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