Sentences with phrase «mining equipment would»

Satoshi Nakamoto's idealistic vision of «one CPU one vote» has been superseded by a reality where the manufacture and distribution of mining equipment have become dominated by a very small number of entities, some of which have engaged in abusive practices against individual miners and the Bitcoin network as a whole.

«Satoshi Nakamoto's idealistic vision of «one CPU one vote» has been superseded by a reality where the manufacture and distribution of mining equipment has become dominated by a very small number of entities, some of which have engaged in abusive practices against individual miners and the Bitcoin network as a whole.»

16» 23» Bitcoin Mining Equipment Has A Shelf Life of 2 - 3 Months 17» 00» A Re-decentralization of Mining?

Not exact matches

While conventional manufacturers in the automotive, steel and textile sectors have struggled, companies building equipment for the energy and mining sectors barely blinked.

Perth - based mining equipment supplier Emeco Holdings has secured an agreement with Chilean mining contractor Fe Grande, which is expected to generate between $ 27 million and $ 32 million in revenue per year.

After a solid start to the financial year, mining equipment supplier Emeco Holdings has posted a $ 107.2 million half - year loss as a result of impairments to its Canadian business.

A PwC director has claimed the productivity of iron ore mining equipment in Australia has fallen 40 per cent in the last four years, and has sat behind the global average since 2012.

Plans by Emeco Holdings to diversify and accelerate its growth through M&A deals have come to naught, after the mining equipment supplier announced today its agreed takeover of Perth company RentCo and its merger discussions with Queensland competitor Orionstone had both been terminated.

Resource Equipment director Andrew Aitken has accepted Pump Services» $ 115.5 million takeover offer, giving the US - based firm majority control over the mining equipment Equipment director Andrew Aitken has accepted Pump Services» $ 115.5 million takeover offer, giving the US - based firm majority control over the mining equipment equipment provider.

Perth - based mining equipment supplier Emeco Holdings has narrowed its net loss by 70.2 per cent to $ 54.6 million for the six months to December.

The mining arm of Cimic Group has won a $ 137 million operations contract at the Encuentro Oxides open pit copper mine in Chile, in partnership with local mining equipment supplier Emeco Holdings.

Financial pressure had forced Michael to accept the CEO position at a mining equipment company based in China.

So being able to bring Wi - Fi to the mine is hugely important, as is being able to have those trucks and a lot of that equipment be autonomous, as opposed to having humans do it — that is actually where IoT is going in mining.

I've written copy in computers, chemicals, pulp and paper, mining, construction, electronics, engineering, pollution control, medical equipment, industrial equipment, marine products, software, banking, financial services, health care, publishing, seminars, training, telecommunications, consulting, corporate, e-commerce, membership sites, online information marketing, and many other areas.

An anonymous security researcher has published details on a vulnerability named «Antbleed,» which the author claims is a remote backdoor affecting Bitcoin mining equipment sold by Bitmain, the largest vendor of crypto - currency mining hardware on the market.

«While we continue to believe in the value of mining equipment to the blockchain ecosystem, the purchase of these machines - which was negotiated as a no - risk option to the Company - was just one of the multiple strategic avenues we have been considering,» Shamyl Malik, head of the company's «Blockchain Strategy Committee,» said in a press release.

For all those reasons, it is a remarkable failure not only that Canada's mining machinery industry remains underdeveloped, capable of meeting only a small portion of the mining industry's needs in Canada (let alone globally)-- but, worse yet, that Canadian governments haven't even seriously thought about how to translate our growing resource extraction industry into a larger domestic mining machinery capbility. We've never seriously tried to make those connections. Which explains why the vast majority of the sophisticated, expensive, high - tech equipment used in our mines is imported.Â

And according to a recent report from the Royal Bank of Canada, the market size for cryptocurrency mining will grow only bigger with mining equipment for bitcoin expected to lead the way, with a market size of more than $ 4 billion; while ASIC (application - specific integrated circuit chip)- mined cryptocurrencies such as bitcoin cash are expected to have a market cap of around $ 350 - $ 450 million.

«Those companies that support the mining industry from a capital equipment perspective or project perspective, such as FLSmidth, have fewer opportunity with increased competition during depressed economic times, making business conditions challenging,» notes Osborn.

He avers that the company is fortunate to have a large base of equipment installed in the mining industry that requires continued aftermarket components and servicing to function effectively, keeping FLSmidth healthy.

According to the Cambridge Center for Alternative Finance, remote hosting and cloud mining services emerged as early as 2016 to offer customers the possibility to participate in the mining process without having to run their own equipment.

Mining hardware giant Bitmain has declared it will now accept only Bitcoin Cash for its latest equipment as a cost - saving measure.

«The more sophisticated the equipment becomes the more need you have for companies like mine,» says Bruce Hodge, president and COO of General Parts, a distributor and servicer of foodservice equipment and parts.

Established in 1949, Atlas Copco Compressors Canada has leading positions in sales, service, and marketing of air and gas compressors, portable compressors, generators, mining and rock excavation equipment, construction tools, pneumatic and electric power tools, and assembly systems.

If I had to pick one product — because reality is I could go on quite the spree if I had the funds — it would have to be between the canning equipment (a newer interest of mine) and the KoMo Grain Mill (really), which would look really nice in our kitchen.

While this was happening, a team of Australians who had been working in the struggling guano industry on various islands off North Queensland's coast were being rallied to take over the plant and equipment to get the new phosphate mining industry up and running.

The traditional ruler of Nyinahin in the Atwima Mponua District of the Ashante Region, has condemn the District Chief Executive of the area for his role in mobilizing youth of the town to seize some mining equipment belonging to Engineers and Planners.

The company had revealed that the seizure of their vehicles and mining equipment cost the company over $ 40,000 daily.

Vehicles and Mining equipments belonging to Exton Cubic Group Limited, which were seized by the Ashanti Regional Minister and District Chief Executive (DCE) for Atwima Mponua has been released.

The government has since taken a number of actions including suspending the issuance of new licences for the small - scale mining in the country, and it has announced the retrieval of some illegal mining equipment, surrendered by the operators following the massive drive to clamp down on their activities.

Operation Vanguard as of September 2017 had arrested 362 suspected illegal miners including some Chinese nationals, and had seized a number of mining equipment.

Terrorism: Army Acquires Hi - Tech Mine Clearing Equipment The Nigerian Army said yesterday that it had deployed its newly - acquired hi - tech mine clearing equipment in the ongoing military operation against Boko Haram in the North EMine Clearing Equipment The Nigerian Army said yesterday that it had deployed its newly - acquired hi - tech mine clearing equipment in the ongoing military operation against Boko Haram in the NoEquipment The Nigerian Army said yesterday that it had deployed its newly - acquired hi - tech mine clearing equipment in the ongoing military operation against Boko Haram in the North Emine clearing equipment in the ongoing military operation against Boko Haram in the Noequipment in the ongoing military operation against Boko Haram in the North East.

The government's anti-illegal mining task - force, Operation Vanguard has been defending the reason why it set the equipment belonging to some illegal miners on fire.

It has so far arrested 362 suspected illegal miners including some Chinese nationals, and has seized a number of mining equipment.

He added that since the team took over the task about months ago, they've been able to move over 60 earth moving equipment from illegal mining sites.

I gained unexpected influence: Who would have guessed that an atmospheric physicist would have the power to shut down one of the world's largest mining pits when ash falling from the 1980 eruption of Mount St. Helens, in Washington state, threatened both workers and expensive equipment?

And in emergencies, miners are vital: a cave - in and flood in 2003 required humans to do repairs and the urgency of the task — the entire mine could have been destroyed — caused them to forgo the usual safety equipment.

Consequently, in order to profit from mining you must have a very powerful computer — one specifically designed for the purpose of bitcoin mining — and you must be prepared to continually upgrade your equipment.

Judge Thomas S. Moore of the U.S. Nuclear Regulatory Commission (NRC) found that HRI's Restoration Action Plan (RAP)- a blueprint for calculating the amount of money that will be needed to restore contaminated groundwater, decommission surface facilities and reclaim disturbed lands at the end of mining - underestimated well - plugging, reclamation equipment and labor costs for independent contractors that would take over clean - up should HRI go bankrupt.

While this was happening, a team of Australians who had been working in the struggling guano industry on various islands off North Queensland's coast were being rallied to take over the plant and equipment to get the new phosphate mining industry up and running.

For it to be toxic in anyway the amount of exposure needed would almost be unachievable unless you worked in a mine with no protective equipment.

Equipment button down blouses have been a go - to of mine for two pregnancies now.

Not only is their merchandise curated with some of the most unique pieces from all of my favorite brands (Iro, J Brand RTW, Equipment etc.), but they have a serious sale section at all times, that I feel is like a gold mine!

Some students have a view of the polluted coastline where their parents, grandparents, and even great grandparents used to make a living, the abandoned mining equipment that once tied their families» livelihoods to the company store, or the vast clear - cut space that was once a forest amid rolling hills.

Mining BTC is presently very expensive, consumes a lot of power and requires specialized equipment, which most traders do not have.

A second important implication of the relative short life of the heavy equipment (presumably when it's used 24/7) is that idle equipment should retain it's value even when worldwide mining activity would decline, because worldwide supply can shrink at the same time as demand.

Joy Global recently reported a solid quarter and it appears the mining equipment market at least found a bottom and may have turned the corner at Joy.

If we could put a tape recorder in the rooms of miners, institutional investors and mining equipment companies in 2007, you would probably hear the words «commodity super cycle» frequently.

Mining companies and oil and gas exploration and production companies have direct exposure to commodities prices, and affiliated businesses, like heavy - equipment manufacturers and oilfield - services companies, tend to do better when the underlying commodities are performing well.

With bitcoin cash cloud mining, equipment is leased from the services (companies) that have powerful data centers with farms for the production of the cryptocurrency.