News
A new Chinese Bitcoin Ponzi scheme has absorbed roughly $11 million in Bitcoin in less than one month of operating.
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Cloud Mining News
Cloud mining allows the use of computing power for data processing centers and mining cryptocurrency without the need of buying special equipment, software, spending on electricity and so on. The main idea of cloud mining for Bitcoin, — which is also called cloud hashing — is that the user buys some computer power of the machinery set up in such data centers after agreeing on a cloud mining contract and do mining via cloud. Cryptocurrency cloud mining has many advantages for those who are not so technically skilled and are not ready to compile the equipment and set the special software. Besides that, this is a great opportunity for people living in countries with a too high cost for electricity to set up their own mining farms.
- News
The Texas securities regulator has taken emergency action against a cloud mining firm touting unverified charitable donations.
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The supply of crypto mining machines failed to meet market demand in Q2 2019, according to a new report by TokenInsight.
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The company says it has developed a new ecosystem that includes three payment methods based on the blockchain, plus an exchange platform, cloud mining and investment banking structure.
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A major cloud mining service terminates Bitcoin contracts, stripping users of yearly fees.
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Cryptocurrency cloud mining service HashFlare has stopped mining services on current SHA-256 contracts due to difficulties with generating profits.
36125 Roger Ver may soon start a cloud mining project. Several cloud mining projects have failed in the past and millions of dollars worth of investment vanished.
10558Mining company Hashflare highlights three positive trends that are going on right now in the Bitcoin world.
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Pavel Veselik from Maximus Coin on the Bitcoin cloud mining industry in the Czech Republic, its challenges and opportunities.
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Trust is a major issue in the Bitcoin cloud mining industry. Cointelegraph looks into this issue to find out how to treat cloud mining right.
504 Hashflare wants to start Dash cloud mining and calls for a pre-order of the limited amount hashrate before it is finished.
1414Mining software companies try to reduce costs of Bitcoin mining meeting the challenge brought about by the cutting in half of the block rewards.
893Hashflare, a first of the non-Ethereum family to come out publicly as likely affected by the breach in TheDAO contract, suspends ETH mining activities.
607Bitcoin saw a surge in price between March 2015-16 bringing back profitability to mining. Is this now a good time to get mining again?
3079Cloud mining has come of age. Now you can operate from the comfort of your home, without having to invest in a huge data center and still mine Bitcoin or other currencies.
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