Category Archives: Bitcoin Mining

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Pipe Dream: Analysts Mull Natural Gas-Powered Bitcoin Mining Operation

Pipe Dream: Analysts Mull Natural Gas-Powered Bitcoin Mining OperationA group of Wall Street analysts has a unique idea to allow shale producers in Texa’s oil-rich Permian Basin to profit from the massive amount of natural gas that is currently being wasted as a result of shale extraction: harness it to power a Bitcoin mining operation.… Read More »

Washington’s Mason County Rejects New Bitcoin Miners, Temporarily

Washington’s Mason County Rejects New Bitcoin Miners, TemporarilyMason County joins Chelan County in the U.S. state of Washington to place a moratorium on new applications for cryptocurrency mining operations. In a move to take time and evaluate the effect of energy-intensive crypto mining operations on local power resources, Mason County’s Public Utility District (PUD) has announced… Read More »

Cybersecurity Report: Cryptojacking Remains an Acute Threat in 2018

Cybersecurity Report: Cryptojacking Remains an Acute Threat in 2018Cybercrime ran rampant last year, and the cryptocurrency market was no exception, as evidenced by hacks involving bitcoin ransoms and the pervasive use of cryptojacking. Cryptojacking involves using someone’s CPUs to secretly mine cryptocurrency without that person’s permission. And according to a report by the UK’s National Crime Agency… Read More »

Quebec Blogger Slams Government For Dissing Crypto Mining

Quebec Blogger Slams Government For Dissing Crypto MiningThe Quebec government’s recent actions to disconnect cryptocurrency mining from the region has drawn criticism from Francois Remy, head of the digital desk at Les Affaires, a Quebec newspaper, in a recent blog. Quebec Premier Philippe Couillard has said the bitcoin miners planning to move to the region… Read More »

Hydro-Quebec Mulls Higher Rates as Bitcoin Miners’ Demands Surge

The post Hydro-Quebec Mulls Higher Rates as Bitcoin Miners’ Demands Surge appeared first on CCN Rising demand for Montreal’s low-cost hydroelectric power among bitcoin miners could spur higher electricity rates. Hydro-Quebec revealed it may consider hiking the cost for bitcoin miners given a flood of pent-up demand in the region, which would thwart the plans of… Read More »

Japanese Internet Giant GMO Plans Bitcoin, Bitcoin Cash Cloud Mining Launch in August

The post Japanese Internet Giant GMO Plans Bitcoin, Bitcoin Cash Cloud Mining Launch in August appeared first on CCN GMO Internet, a multi-billion publicly listed Japanese internet and technology conglomerate, has unveiled plans to launch its new bitcoin cloud mining service in August. Founded in the early 1990s, Tokyo-based GMO announced its foray into the… Read More »