Sentences with phrase «scale mining farms»

Leningrad's governor is inviting miners to the Sosnovy Bor area near St. Petersburg to create industrial - scale mining farms at the old Leningrad nuclear power plant.

He added that the move is currently targeting small - scale mining farms.

According to the New York Times, one such large - scaling mining farm, housed inside a line of old factory buildings, accounts for almost one - twentieth of the whole world's daily cryptocurrency production.

The project aims to set up a large - scale mining farm in Iceland that is capable of profitably mining DASH, litecoin, bitcoin, and bitcoin cash.

Not exact matches

Mining 12 mins ago By Kevin Helms — 1380 0 Japan's DMM Launches Large - Scale Domestic Cryptocurrency Mining Farm and...

DMM, the Japanese entertainment Moghul has recently launched its «large - scale Japan - quality» cryptocurrency mining farm with an aim of deploying more farms in international territories.

Due to our large - scale GPU mining activities we are glad to offer significant parts of our farms for Ether mining in the cloud.

Benefited by a very competitive electricity cost and the economy of scale, OXBTC has deployed 3 of China's largest mining farms in Sichuan, Ordos and Inner Mongolia.

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Police in Iceland recently reported a series of large - scale robberies, as a result of which about 600 computer farms for mining bitcoin and other cryptocurrencies have been stolen.

But as a result of mining firms taking advantage of economies of scale, a large proportion of bitcoin's hashrate is distributed across very few places, making it easy for a government or other entity to shut down these farms and wreck havoc in the bitcoin ecosystem.