Sentences with phrase «cryptocurrency mining operations in»

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.

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

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

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

Not exact matches

China became a hub of Bitcoin mining in part because of cheap hydropower there, but power authorities there also moved to cut off supplies to cryptocurrency operations last November.

Customers tend to fall into a few categories: early investors whose coins have soared in value; coin «mining» operations; and cryptocurrency business ventures, including other exchanges, hedge funds, and projects that have hosted «initial coin offerings.»

Hadley Stern of Fidelity Labs tells Fortune that the U.S. based mining operation is very modest, however, and the undisclosed profits — CEO Johnson reportedly told the conference the mining «is actually making a lot of money» — are mostly the result of cryptocurrencies» dramatic rise in value.

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.»

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

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.

As part of the decree, cryptocurrency mining and other related operations are not considered entrepreneurial activities, which means that anyone is free to take part in transactions and exchanges.

Global expertise in scaling cryptocurrency mining operations is limited.

The following forms of passive income with cryptocurrencies are not high scale mining operations and require a bit less in electricity output.

For the time being, NVIDIA is primarily involved in the gaming business, data centers and self - driving cars, and cryptocurrency and mining operations account for only small portions of the company's profits.

Energy costs in most of the United States are increasing, while other nations like China — prime locations for mining operations due to their low - priced energy supplies — have sought to slow cryptocurrency innovation by «clamping down» on Bitcoin miners or limiting available energy.

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

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.

In addition, speakers will cover topics including protocol scrutiny, algorithm analysis for better strategic planning and operations; more effective rig building; live mining demonstrations; and workshops covering profitability, investment, cryptocurrency management and more.

«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.

Mining is one of the essential operations in the cryptocurrency industry, which also happens to be energy and cost intensive.

It wouldn't be surprising to see more big mining operations pop up in the country as demand for cryptocurrency grows — which inevitably puts more strain on the network.

The digital asset investment specialist conducts proprietary cryptocurrency trading, hosts its own bitcoin mining operations and recently made an investment in mining manufacturer BitFury.

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

Under this agreement, Global Blockchain Mining Corp. will provide strategic upfront capital and an additional payment upon delivery of the cryptocurrency to select operators and operation, in exchange for a stream of future cryptocurrency production at a fixed price.

While Bitcoin mining operations exist all over the world, China is by far the largest player in the world of cryptocurrency mining.

The entire operation runs on electricity produced with coal, as do a growing number of cryptocurrency «mines» popping up in China.

Their entry into the sustainable cryptocurrency mining space will take place in August, 2018, when they begin operations at their data centre in Iceland.

The Presidental Decree that became effective as of March 28, 2018, legalized all crypto - related business in the country, including, ICOs, mining and cryptocurrency exchange operations.

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.

In the same way that traditional mining expands, and is able to spend more on its infrastructure when the price is high, cryptocurrency start - ups are realizing that while the profit remains as high as it does at the moment, there is a cushion which provides them with the flexibility to move their operations and remain profitable.

In order to create an effective mechanism for stimulating the market of cryptocurrency in Ukraine, the logical step is the exemption from taxation of profits of enterprises... Income from cryptocurrency operations should not be included in the calculation of the total monthly (annually) taxable income, and transactions with cryptocurrency and mining crypto goods are classified as transactions that are not subject to taxatioIn order to create an effective mechanism for stimulating the market of cryptocurrency in Ukraine, the logical step is the exemption from taxation of profits of enterprises... Income from cryptocurrency operations should not be included in the calculation of the total monthly (annually) taxable income, and transactions with cryptocurrency and mining crypto goods are classified as transactions that are not subject to taxatioin Ukraine, the logical step is the exemption from taxation of profits of enterprises... Income from cryptocurrency operations should not be included in the calculation of the total monthly (annually) taxable income, and transactions with cryptocurrency and mining crypto goods are classified as transactions that are not subject to taxatioin the calculation of the total monthly (annually) taxable income, and transactions with cryptocurrency and mining crypto goods are classified as transactions that are not subject to taxation.

While cryptocurrency is technically illegal to own / trade in Iceland, there are still a number of large - scale, well - known mining operations throughout the country.

China is home to nearly two - thirds of the bitcoin hashrate with mining operations rampant in the Sichuan province and the autonomous regions of Inner Mongolia and Tibet that provide cheap hydroelectricity and cooler temperatures for the energy - intensive process of mining cryptocurrency.

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.

While China has evolved into a leading domicile for bitcoin mining, the country's central bankers have been pushing back, triggering a wave of defections among mining operations to head for more cryptocurrency - friendly waters in the Western world, more specifically, Canada.

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.

Researchers at SETI (Search for Extraterrestrial Intelligence) say that they are unable to expand their operations due to the shortage of GPU chips which are apparently in short supply due to the demand for cryptocurrency mining hardware.

Some experts believe that North Korea may use that knowledge in order to conduct hostile attacks against cryptocurrency infrastructure like exchanges and mining operations.

Lightcash has developed the first entirely legally compliant decentralized exchange for operations with cryptocurrencies, fiat currencies and the Lightcash Coin secured by real gold mined from gold deposits in Russia.

Ceres, which is best known in Japan for its rewards point operations, also has interests in the world of cryptocurrency mining, per media outlet Nikkei.

bleepingcomputer.com - Three in - browser cryptocurrency mining scripts ranked first, second, and fourth in Check Point's most active malware top ten, outranking classic high - output malware distribution infrastructures such as spam botnets, malvertising, and exploit kit operations.

Three in - browser cryptocurrency mining scripts ranked first, second, and fourth in Check Point's most active malware top ten, outranking classic high - output malware distribution infrastructures such as spam botnets, malvertising, and exploit kit operations.

Vancouver, British Columbia --(Newsfile Corp. — November 7, 2017)-- GLOBAL BLOCKCHAIN TECHNOLOGIES CORP. (TSXV: BLOC)(FSE: BWSP)(OTC Pink: BLKCF)(«Global Blockchain» or the «Company») is extremely pleased to announce that its wholly owned subsidiary Global Blockchain Mining Corp. has entered into an agreement to acquire a 49.9 % interest in Coinstream Mining Corp., («Coinstream») the world's first cryptocurrency mining company to employ the streaming model, providing strategic upfront capital and an additional payment upon delivery of the cryptocurrency, to select, proven, best - in - class operators and operations, in exchange for a stream of future cryptocurrency production, at a fixed Mining Corp. has entered into an agreement to acquire a 49.9 % interest in Coinstream Mining Corp., («Coinstream») the world's first cryptocurrency mining company to employ the streaming model, providing strategic upfront capital and an additional payment upon delivery of the cryptocurrency, to select, proven, best - in - class operators and operations, in exchange for a stream of future cryptocurrency production, at a fixed Mining Corp., («Coinstream») the world's first cryptocurrency mining company to employ the streaming model, providing strategic upfront capital and an additional payment upon delivery of the cryptocurrency, to select, proven, best - in - class operators and operations, in exchange for a stream of future cryptocurrency production, at a fixed mining company to employ the streaming model, providing strategic upfront capital and an additional payment upon delivery of the cryptocurrency, to select, proven, best - in - class operators and operations, in exchange for a stream of future cryptocurrency production, at a fixed price.

Mining Hydro - Quebec, the largest state - owned utility in Canada, appears unable to meet the electricity demand from cryptocurrency miners seeking to establish operations in the energy - rich province.