Sentences with phrase «cryptocurrency mining operations»

Two Russian power stations will be transformed into cryptocurrency mining operations, according to local media reports.

Global expertise in scaling cryptocurrency mining operations is limited.

The article also reports that several Asian companies are planning to start their own cryptocurrency mining operations.

According to RT, Russian businessman Aleksey Kolesnik has all but confirmed buying two power stations for cryptocurrency mining operations in the future — citing a report from local newspaper Kommersant.

Rouses Point's management measure precedes the City of Plattsburgh Common Council's 18 - month moratorium on new cryptocurrency mining operations, imposed last month.

The Moonlite Project was born with the objective of becoming one of the largest cryptocurrency mining operations in the world.

Much like the City of Plattsburgh, whose Common Council last month imposed a moratorium on new commercial cryptocurrency mining operations due to concerns over energy consumption and fire suppression, the Village of Rouses Point is allocated a comparatively small amount of cheap hydropower each month, around 13,844 kilowatts.

Washington State's Chelan County shut down three rogue cryptocurrency mining operations due to the power draw and safety risk.

Washington State's Chelan County shut down three rogue cryptocurrency mining operations due to the power draw and safety risk.

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.

Miner One is a cutting - edge, crowdfunded cryptocurrency mining operation built and managed by a team of data centre industry experts and professionals on behalf of the Miner One Community.

Graphics processor makers especially found themselves between a rock and a hard place when gamers were unable to buy gaming GPUs because cryptocurrency mining operations bought out entire stores at a time - leaving gamers with no option but eBay.

Graphics processor makers especially found themselves between a rock and a hard place when gamers were unable to buy gaming GPUs because cryptocurrency mining operations bought out entire stores at a time — leaving gamers with no option but eBay.

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.

Industrial cryptocurrency mining operations, especially companies that rely on cheap electricity in China, now dominate the broader ecosystem.

Many of the biggest cryptocurrency mining operations are located in China, while others are scattered around the world.

The city council said it needs time to consider zoning laws and lighting regulations «before commercial cryptocurrency mining operations results in irreversible change to the character and direction of the city.»

The release also notes that the Korean Customs Service will investigate any illegal transfer of funds overseas, and that on December 15, the Ministry of Commerce, Industry and Energy sent a «letter of cooperation» to «local governments and industrial complexes» urging them to crack down on illegal cryptocurrency mining operations.

The MoonLite project is an industrial scale cryptocurrency mining operation focusing (initially, at least) on the mining of bitcoin, litecoin, and dash.

Japanese digital services firm GMO has divulged additional plans for its forthcoming cryptocurrency mining operation.

Hackers exploiting Jenkins servers made $ 3 million in one of the biggest malicious cryptocurrency mining operations ever.

NVIDIA's miners have been in low supply as of late as cryptocurrency mining operations are snatching up any GPU they can find.

CoinDesk reported BTCC will continue cryptocurrency mining operations in China, plus keep the exchange platform live outside of China.

The utility supplier's spokesman, Marc - Antoine Pouliot, told Reuters that the sheer number of companies looking to start cryptocurrency mining operations in the province is not sustainable, even with the surplus created by Hydro Quebec.

It seems this theme is spilling over to Russia, where the first instance of power stations being bought by investors to house cryptocurrency mining operations is being reported.

Last week, the head of Kaliningrad Region Development Corporation, Vladimir Zarudny, talked about attracting cryptocurrency mining operations to Kaliningrad.

A report released Jan. 8 alleges that among those now taking aim at cryptocurrency is the government of North Korea, which is conducting an unauthorized Monero cryptocurrency mining operation.

By raising the capital required to operate a very large scale mining operation, Moonlite is positioning itself to be one of the few bitcoin and other cryptocurrency mining operations that can mine profitably at current levels and current prices.

«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.

Cointelegraph Two Russian power stations will be transformed into cryptocurrency mining operations, according to local media reports.

Crowdfunded cryptocurrency mining operation, Miner One has successfully reached its soft cap of 3,000 ETH within the first five days of its token sale.

The Canadian province of Quebec has temporarily put a halt to the development of new cryptocurrency mining operations.

PLATTSBURGH The state Public Service Commission (PSC) announced on Thursday that it will allow upstate power authorities to impose tariffs on the electricity used by commercial cryptocurrency mining operations.

Cryptocurrency mining operations in upstate New York have been driving up power bills for other customers.

This has led to a phenomenon known as cryptojacking, where people's computers are hijacked to contribute to the attacker's cryptocurrency mining operation, without their knowledge.

According to the commission, cryptocurrency mining operations can use «thousands of times» more than an average residential customer, and in some cases account for 33 percent of municipal utilities» total demand, without commensurate local economic benefits.

The New York state Public Service Commission has ruled that power companies can charge higher rates to cryptocurrency mining operations, which have moved into the state's north to take advantage of low - cost hydropower.

In the Village of Akron, a cryptocurrency mining operation requested a 5 MW increase in electricity delivery.

What do you think about this case of a state employee secretly setting up a cryptocurrency mining operation at work?

So much that it was reported that a number of Chinese miners moved to Canada due to their low power prices to scale up their cryptocurrency mining operations.

Cryptocurrency mining operations are using thousands of times more electricity than an average residential customer, potentially driving up rates for everyone.

Mining Online gambling entrepreneur and billionaire Calvin Ayre has announced his next business venture to be cryptocurrency mining operations.

GMO Internet, a publicly listed IT firm in Japan, has officially launched its cryptocurrency mining operation.

These days, the tiny Alpine location is becoming famous for its cryptocurrency mining operations.

The agency contends that LeadInvest fabricated its management team and illegally solicited investors for a cryptocurrency mining operation and lending program.

On Thursday night, the city council approved an 18 - month moratorium on new cryptocurrency mining operations.