Sentences with phrase «for cryptocurrency mining operations»

It is easy to see how a confluence of factors has come together to make China the leading country for 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.
«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.
These days, the tiny Alpine location is becoming famous for its cryptocurrency mining operations.
that month, contending that the startup fabricated its management team and illegally solicited investors for a cryptocurrency mining operation and lending program.
The Board also took down LeadInvest that month, contending that the startup fabricated its management team and illegally solicited investors for a cryptocurrency mining operation and lending program.

Not exact matches

Cryptocurrency mining operations in upstate New York have been driving up power bills for other customers.
Cryptocurrency mining operations, illegal or not, are becoming a real problem for the higher education sector, where hackers have found plenty of easy to hack systems, but also where students are using university resources to make an extra profit via deliberate cryptocuCryptocurrency mining operations, illegal or not, are becoming a real problem for the higher education sector, where hackers have found plenty of easy to hack systems, but also where students are using university resources to make an extra profit via deliberate cryptocurrencycryptocurrency mining.
HashChain is a global blockchain company with cryptocurrency mining, accounting, and Masternode hosting services that began operations on November 3, 2017 and subsequently listed for trading on the TSX Venture Exchange on December 18, 2017.
Because it was possible to run large - scale ASIC mining operations, mining became a way for a few small groups of people to essentially control the monetary supply of various cryptocurrencies.
Cryptocurrency mining operations are using thousands of times more electricity than an average residential customer, potentially driving up rates for everyone.
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 profiFor 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 profifor only small portions of the company's profits.
China was once a driving force behind cryptocurrency mining, and accounted for more than two - thirds of the world's bitcoin - mining operations until recently.
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.
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.
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.
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.
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 taxation.
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.
The legal action by the State of South Carolina calls into question any cryptocurrency mining operation anywhere that allows US based individuals to back these operations if the company has not filed for an appropriate exemption.
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 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.
It legalizes crypto activities, creating conditions for exchange services, initial coin offerings, and cryptocurrency mining operations.
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.
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.
Plus, the Chinese government can just wake up one day and decide to crush Bitmain's mining operations due to its authoritarian nature and lack of support for bitcoin and other cryptocurrencies.
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.
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