Sentences with phrase «of large mining operations»

Chandler Guo is the co-founder of Bitbank, a China - based digital currency company that runs one of the largest mining operations in the world, BW.

Not exact matches

Compared with some larger mining operations that can make several whole coins a day, that's the mining equivalent of looking for loose change on the sidewalk.
The new reality of the global mining industry is that most of the large, high - grade mine operations located in favourable jurisdictions are getting long in the tooth.
Straits Resources are the fifth largest copper producer in Australia operating multiple mines as part of their Tritton operations in NSW.
The gold mining industry is known traditionally for larger - sized operations that require the establishment of a large reserve base as well as large... →
The Moonlite Project was born with the objective of becoming one of the largest cryptocurrency mining operations in the world.
Back then, there were junior gold and silver mining companies that were a fraction of the market cap of their much larger - cap mining peers that had much stronger management, had managed geopolitical risk in a superior manner, and had streamlined operations to a far greater degree than their larger - cap peers that were not huge risks.
$ Pac's funding pool is perhaps the largest one, as 20 % of all newly mined tokens are reaching the pool to be used for marketing, operations, and charity purposes.
Subject to the protracted deal being completed, which should occur sometime in 2018, Hut 8 will be able to lay claim to operating the largest mining operation in North America, with a total output of over 60 MW.
Prior to this, Hugo held a number of senior roles at Tati Nickel in Botswana, one of LionOre Mining's major mining operations, including Head of Engineering, Project Manager of the DMS plant, one of the world's largest and acted as General Manager of Tati for two Mining's major mining operations, including Head of Engineering, Project Manager of the DMS plant, one of the world's largest and acted as General Manager of Tati for two mining operations, including Head of Engineering, Project Manager of the DMS plant, one of the world's largest and acted as General Manager of Tati for two years.
accounts for almost 40 % of all mining operations; runs the 2 largest mining pools, in the world.
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.
NiceHash, which describes itself as the largest marketplace for mining digital currencies, said late Wednesday that it was suspending its operations for at least 24 hours because of the security breach.
China may be on verge of nationalizing their largest Bitcoin mining operations.
«We laud her firm stand against the destruction of our natural resources, especially by large - scale mining operations
Although overall deforestation rates in the region are still lower than they are in parts of the Amazon and Southeast Asia, deforestation has accelerated over the past few years, driven mainly by the establishment of large - scale agricultural and mining operations.
This allowed us to see something of Anglo's operations as well as meet the management of the mine and to learn about the excellent work being done to promote better health and to deal with the very large numbers of HIV positive employees.
In December the mining firm Talison suspended operations at an Australian quarry that was the largest tantalum mine in the world, partially because of coltan smuggling.
Several ribbons in full - scale operation will open the heavens for solar satellites that can beam power back to Earth, large - scale zero - gravity manufacturing, space tourism, better global environmental monitoring, orbiting observatories, removal of man - made debris from Earth orbit, asteroid mining, and Mars - colonizing ships filled with hundreds of people.
The study is the first to give a global overview of all current plans to mine the seabed, in both national and international waters, and looks at the potential impacts including physical destruction of seabed habitats, creation of large underwater plumes of sediment and the effects of chemical, noise and light pollution arising from mining operations.
The mining, processing and transportation operations for these aggregates consume large amounts of energy and adversely affect the ecology of forested areas and riverbeds.»
These immense facilities sprawling across the steppe are the most extensive uranium operations in Asia and among the handful of the largest uranium mining and milling sites in the world.
Accordingly, the Guggenheims began to develop large mining operations in Northern Mexico, Harrimans built railroads, Morgans, Hearsts, and Whitneys developed enormous livestock ranches, and so on, employing thousands of Mexican citizens until, inevitably, the revolution moved northward.
Day 2 Meekatharra to Newman BD Join a guided tour of Mt Whaleback iron ore mine, the largest of BHP Billiton's mining operations and one of the largest open cut ore mines in the world.
The local area they identify as anomalous has a number of coal mining operations, also a potentially large source of methane.
«Companies do not have to pay miners» salaries or fund the operations of a large - scale mine.
As a step in the right direction, groups have called on the EPA to immediately veto the Spruce No. 1 Mine project, which would be one of the largest strip - mining operations in Appalachia.
Just north of the Mojave Desert, near Mountain Pass, California, Molycorp is working to restart mining operations at the largest rare - earth deposit outside of China.
Its sprawling operation — the largest single mountaintop - removal mine, covering more than 25 square miles — evokes the smoky, cratered, lifeless aftermath of a World War I battlefield.
The action was part of the global #BreakFree2016 protests against fossil fuels, which saw a similar action last week in the UK when Reclaim the Power halted operations at the UK's largest open coal mine in Wales.
Oil - sands production emits roughly three times the carbon dioxide of conventional light - oil production and the strip - mining operations involved destroy the landscape in northern Alberta, creating large tailings ponds filled with toxic wastewater.
Both mining and in situ operations use large volumes of water for their extraction process, between 2 and 4.5 volume units of water is used for the extraction of one volume unit bitumen (National Energy Board 2006).
Both types of mining operations have a large impact on the environment.
One month later the company warned of the possibility of large layoffs for several West Virginia mining operations, and just last week they announced the closing of a longwall mine in southwestern Pennsylvania.
Some of the leading digital currency exchanges and largest Bitcoin mining operations are also in China.
Notable mandates: Acting for the Government of Newfoundland and Labrador regarding the development and financing of the Muskrat Falls Hydroelectric Project, also known as the «Lower Churchill Project»; acting for the Government of Newfoundland and Labrador concerning the development and operation of the Hebron offshore oilfield project and the Hibernia South oilfield expansion project; acting for developers and placing financing on new hotel developments in downtown St. John's; defending class action claims involving product liability and taxation issues at a certification hearing and a common issues trial and appeal; acting for mining corporations involved in large - scale mine development projects in Labrador
Europe Our European practice has recently focused on representing (i) the Fédération Internationale de Football Association («FIFA») in connection with U.S. and Swiss criminal investigations into allegations of bribery and corruption in the international soccer world («Investigation»), including conducting an internal investigation on behalf of the organization; (ii) two major European banks, including by investigating whether the banks knew or should have known that accounts at the banks were used to pay bribes; (iii) a multinational logistics and transportation company based in Switzerland in a DOJ investigation of alleged violations of the FCPA; (iv) a Switzerland - based, international private bank, in connection with the global criminal investigations involving 1MDB, Malaysia's sovereign wealth fund; (v) several major European banks in connection with the «Panama Papers» investigation focused on whether accounts at the bank held under the names of companies created by the Panamanian law firm, Mossack Fonseca, were used to evade taxes, conduct business with sanctioned individuals or companies, or otherwise engage in criminal activity; (vi) ENRC, a large mining conglomerate formerly listed on the London Stock Exchange, in a high - profile investigation by the UK's Serious Fraud Office of alleged bribery in the company's operations in Africa and Kazikhstan; and (vii) several European banks in connection with the Petrobras and PdVSA investigations focused on whether accounts at the banks were used to pay bribes to Petrobras or PdVSA officials in return for contracts.
Most people think of a large manufacturing, mining or petroleum operation, but these are not the only industries at risk for environmental liability losses.
China is the largest and the most powerful country in the world in terms of Bitcoin mining operations.
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.
Nvidia, the world's largest graphics card supplier, has enacted plans which are set to reduce sales of GPUs for mining operations.
To begin, there are currently only a few mining operations, the largest an unknown actor (or pool of actors) controlling roughly 90 percent of the hash power on bitcoin cash.
A large part of the decision to tax Bitcoin miners was to curb money laundering and other illicit financial activities that could be perpetrated under the guise of mining operations.
This news closely followed the recent announcement from Russian Miner Coin (RMC) which plans to raise $ 100 million worth of cryptocurrency and start a large - scale bitcoin mining operation to compete with China.
While Bitcoin mining operations exist all over the world, China is by far the largest player in the world of cryptocurrency mining.
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.
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.
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.
Throughout 2015, there was a growing concern among the Bitcoin community that the mining space was centralizing, with the larger operations continuing to grow their share of the network and building new mining farms.
CNBC visited one of the local bitcoin mining operations last month, which is one of the largest such facilities in the country.
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