An Intel patent awarded Tuesday outlines a method for mining cryptos using the SHA-256 algorithm more efficiently. This article is originally written and posted on https://www.coindesk.com/intel-just-won-a-patent-for-an-energy-efficient-bitcoin-miner.  Visit https://www.coindesk.com/ today for all…

Continue Reading

Gor Gevorkyan, a Los Angeles resident, has filed a lawsuit against Bitmain for allegedly mining cryptocurrency at his expense. The class action claims that bitcoin mining giant had redesigned its…

Continue Reading

U.S.-based bitcoin mining firm Giga Watt has declared bankruptcy with millions still owed to creditors. This article is originally written and posted on https://www.coindesk.com/bitcoin-mining-firm-giga-watt-declares-bankruptcy-owing-millions.  Visit https://www.coindesk.com/ today for all Crypto News…

Continue Reading

Blockchain technology company, Bitfury, has raised $80 million from a number of global institutional and corporate investors. Led by Korelya Capital, the private placement was joined by Macquarie Capital, Asian financial institution…

Continue Reading

Cryptocurrency mining giant Bitmain has published a firmware update that allows bitcoin miners to activate “overt AsicBoost,” a technological upgrade that provides significant cost savings over conventional mining setups. Bitmain…

Continue Reading

Officials in Missoula County, Montana, will investigate regulations around bitcoin mining despite local demands for a moratorium. This article is originally written and posted on https://www.coindesk.com/bitcoin-mining-moratorium-avoided-despite-complaints-in-montana/.  Visit https://www.coindesk.com/ today for all…

Continue Reading