Mining

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Iran announces power tariffs for crypto miners; offers bounty for exposing illegal operations

By Admin . 14 November 2019 . Iran announces power tariffs for crypto miners; offers bounty for exposing illegal operations

The Iranian government has reportedly finalized power tariffs for cryptocurrency miners and is offering a bounty for exposing illegal mining operations in the country.Anyone who exposes cryptocurrency miners using subsidized electricity will be rewarded with up to 20% of the recovery of the damage caused to the national power grid, Mostafa Rajabi, a spokesman of Iran’s Energy Ministry, told local news agency IRIB News in an interview Wednesday.Under Iran’s new regulations, mining cryptocurrencies off the national electricity grid are banned during peak hours of consumption in Iran, which span over 300 hours a year, Rajabi reportedly said. Other times of the year, an average price for th...

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Chinese Bitcoin Mining Giant Files $400 Million US IPO after Hong Kong Failure

By Admin . 14 November 2019 . Chinese Bitcoin Mining Giant Files $400 Million US IPO after Hong Kong Failure

World’s second-largest maker of bitcoin miners not intimidated by the China-US trade war.Canaan Creative has failed to list in Hong Kong and mainland China.Most recent half-year results registered a loss.A threat by President Donald Trump’s administration to delist Chinese stocks on the likes of the New York Stock Exchange and the NASDAQ late last month seems not to have dissuaded the efforts of the world’s second-biggest manufacturer of Bitcoin miners Hangzhou-based Canaan Creative to IPO in the U.S.According to a Form F-1 filing with the U.S. Securities and Exchange Commission, the Chinese maker of Bitcoin miners filed for a US IPO on Monday. It is seeking to be listed on the Nasdaq Global...

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RP9 Mining – Start Creating Your Own Bitcoin Mining Machine

By Admin . 14 November 2019 . RP9 Mining – Start Creating Your Own Bitcoin Mining Machine

Despite recent price drop, cryptocurrency mining still manages to capture the imagination of users, more than a decade after Bitcoin mining became a truly global phenomenon. Yet, both the current and prospective miners face changing fortunes related to price fluctuations of the mining equipment and the cryptocurrencies they dig for. Luckily, the businesses such as RP9 Mining from Portugal have taken the stage with an aim to help the crypto enthusiasts and investors find the shortcut to hitting a genuine gold vein whenever they decide to invest in cryptocurrencies.For starters, RP9 Mining operates as a cryptocurrency mining equipment store that goes above & beyond the call of duty when it...

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