Sentences with phrase «as bitcoin mining operations»

The Chinese government has already shut down exchanges in China, but it was recently reported to be taking even further measures against new forms of online trading as well as Bitcoin mining operations in the country.

The company began as a bitcoin mining operation before pivoting to an alternative to email that awards cryptocurrency to prominent people who reply to unsolicited messages.

Not exact matches

If you need evidence of this fact, consider China's massive state mining operations and stake in Bitcoin, undeniably viewed as a tool for leverage on a global scale.

The New York decision came as one of the affected towns, Plattsburgh, temporarily banned new Bitcoin mining operations.

Bitcoin investors are on alert to see whether Beijing will take further action against cryptocurrencies, such as shutting down bitcoin «mines», the energy - hungry operations that create bitcoin by solving mathematical problems using vast banks of comBitcoin investors are on alert to see whether Beijing will take further action against cryptocurrencies, such as shutting down bitcoin «mines», the energy - hungry operations that create bitcoin by solving mathematical problems using vast banks of combitcoin «mines», the energy - hungry operations that create bitcoin by solving mathematical problems using vast banks of combitcoin by solving mathematical problems using vast banks of computers.

As it becomes more and more difficult to mine Bitcoin, more capital is required to operate profitable mining operations.

China was said to be a dwelling to most of cryptocurrency mining operations before Beijing started discouraging it in 2017 as part of a huge crackdown on Bitcoin and other cryptocurrencies though it is still unclear how much of mining activity has moved offshore or been closed down.

It was unclear as to how many bitcoins were actually mined in the farming operations.

There are many irregularities such as environmental problems, potential safety issues and operation without business registration in the current bitcoin mining industry.

The company has made an announcement on their official Blog stating that the cloud mining operation related services would be suspended at the time of the next bitcoin difficulty increase: «Taking into consideration our users» interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloudbitcoin difficulty increase: «Taking into consideration our users» interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloudBitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloudBitcoin Exchange would like to announce a temporary suspension of cloud mining

More specifically, he voiced his belief that regulation in the US will not adversely affect BitFury as it does not perform the functions of a traditional financial services provider, instead only mining bitcoin and selling computer hardware for such operations.

Burning huge amounts of electricity isn't incidental to bitcoin: instead, it's embedded into the innermost core of the currency, as the operation known as «mining».

We will continue to increase our involvement and support of the blockchain ecosystem, as we ramp up our Bitcoin mining operations.»

We have been slowly winding down our bitcoin mining operations and we will be progressively moving away from using it as a currency.»

Disclaimer: As always, we advise extreme caution before parting with your Bitcoin and sending it to any service provider, whether it be an exchange, wallet or a cloud mining operation.

Much like multinational corporations (MNC) with large overseas operations, miners of cryptocurrency networks as a whole do not measure the income they receive in terms of bitcoins (or other discrete cryptocurrencies), but instead they measure their income in terms of «fiat» from foreign financial markets, specifically converting bitcoins into the local fiat currency where their mining operation physically resides.

Banks such as Goldman are said to be weighing bitcoin operations, while Fidelity is mining Ethereum, another digital currency.

The efforts of the State Duma have been bolstered by a mandate from Putin himself, issued in October 2017, urging development of a «single payment space» within the Eurasian Economic Union (an alliance of countries including Armenia, Belarus and others), increased scrutiny of token sales, as well as licensing of bitcoin mining operations.

«Other cryptocurrencies, such as Monero, have far surpassed Bitcoin in terms of privacy and anonymity of transactions, which is an important consideration for cyber criminals exploiting devices for cryptocurrency mining operations,» said Goody.

Then, he commented on the state of bitcoin in China where bitcoin mining operations are plenty as well as exchanges.

The company has made an announcement on their official Blog stating that the cloud mining operation related services would be suspended at the time of the next bitcoin difficulty increase: «Taking into consideration our users» interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloudbitcoin difficulty increase: «Taking into consideration our users» interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloudBitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloudBitcoin Exchange would like to announce a temporary suspension of cloud mining

In China, for instance, rumors have been surfacing that the government plans on withdrawing preferential benefits such as cheap electricity and tax deductions to bitcoin mining operations.

As it stands, Bitcoin mining is a lucrative operation.

There are massive mining operations around the world and they are bound to be more popping up in the next few years as Bitcoin and other cryptocurrencies continue their path into mainstream acceptance.

Bitcoin and Bitcoin Cash mining is using a total of 0.13 percent of the global energy consumption — which ranks the combined mining operation as the 61st highest power consumer in the World.

In the Bitcoin news today — Venezuelan authorities are cracking down on Bitcoin mining facilities and are focused on «weakening» these mining operations within the region; Ethereum at a crossroad as corporate interest grows; Last week at the World Economic Forum 2017 Annual Meeting in Davos, Switzerland, the technology firm Bitfury announced the formation of the Global Blockchain Business Council (GBBC); Cryptoseed Adds Security to Your Bitcoin Recovery Seed; Paxful has unleashed their new «Bitcoin Kiosk» widget allowing anyone to buy bitcoin in 300 different ways; A working group within the US central bank believes digital currencies and distributed ledgers could come to have a significant impact on how its citizens and businesses conduct payments — 60 page Bitcoin news today — Venezuelan authorities are cracking down on Bitcoin mining facilities and are focused on «weakening» these mining operations within the region; Ethereum at a crossroad as corporate interest grows; Last week at the World Economic Forum 2017 Annual Meeting in Davos, Switzerland, the technology firm Bitfury announced the formation of the Global Blockchain Business Council (GBBC); Cryptoseed Adds Security to Your Bitcoin Recovery Seed; Paxful has unleashed their new «Bitcoin Kiosk» widget allowing anyone to buy bitcoin in 300 different ways; A working group within the US central bank believes digital currencies and distributed ledgers could come to have a significant impact on how its citizens and businesses conduct payments — 60 page Bitcoin mining facilities and are focused on «weakening» these mining operations within the region; Ethereum at a crossroad as corporate interest grows; Last week at the World Economic Forum 2017 Annual Meeting in Davos, Switzerland, the technology firm Bitfury announced the formation of the Global Blockchain Business Council (GBBC); Cryptoseed Adds Security to Your Bitcoin Recovery Seed; Paxful has unleashed their new «Bitcoin Kiosk» widget allowing anyone to buy bitcoin in 300 different ways; A working group within the US central bank believes digital currencies and distributed ledgers could come to have a significant impact on how its citizens and businesses conduct payments — 60 page Bitcoin Recovery Seed; Paxful has unleashed their new «Bitcoin Kiosk» widget allowing anyone to buy bitcoin in 300 different ways; A working group within the US central bank believes digital currencies and distributed ledgers could come to have a significant impact on how its citizens and businesses conduct payments — 60 page Bitcoin Kiosk» widget allowing anyone to buy bitcoin in 300 different ways; A working group within the US central bank believes digital currencies and distributed ledgers could come to have a significant impact on how its citizens and businesses conduct payments — 60 page bitcoin in 300 different ways; A working group within the US central bank believes digital currencies and distributed ledgers could come to have a significant impact on how its citizens and businesses conduct payments — 60 page report.

Bitcoin doesn't allow for GPU mining, which is computationally easier, and as such, Bitcoin mining has become centralized in the hands of a few industrial - grade mining operations — many of them located in China.

Having successfully launched a Bitcoin exchange earlier this year, GMO is looking to dive into the deep end of the cryptocurrency world and will start a mining operation in 2018 as well.

As Bloomberg noted, until early 2017 China was the biggest market for bitcoin trading on exchanges, and some of the largest cryptocurrency mining operations on the planet are located there.

As the bitcoin community saw with the rise of cryptocurrency mining, in which at - home mining via PCs was quickly outpaced by industrial operations, profits attract corporate interests.

What you're betting on: MGTI is heavily dependent on the price of Bitcoin, as this affects the profitability of their mining operation.

Based on Digiconomist analytics, the power consumption from Bitcoin mining operations is similar to the energy usage of such countries as Oman, Morocco, Serbia and Denmark.

Venezuelan President, Nicolas Maduro, even openly stated that the country was open to all forms of bitcoin mining operations in the future and as such, is currently one of the cheapest countries in the world to host such a business.

Whether this will prove to be a decent combat to the increasingly centralized nature of the current state of Bitcoin mining remains to be seen, as large corporate controlled operations rather than a collective of truly decentralized users, hold a vast, potential unfair sway over the Bitcoin network.