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What are the benefits of standardizing hash rates, and how will the mining industry evolve over the next 12 months? We speak to BitFuFu’s independent director, Celine Lu.
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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.
- Interview
Miners are making bank amid the price rally as manufacturers struggle to produce chips.
13594 - Analysis
Mining with home rigs is back, so here’s what those interested need to know to put together their own rig at home.
151973 - News
The Philippines SEC has identified Mining City as a Ponzi scheme and warned promoters of the scam that they could face up to 21 years imprisonment.
19305 - News
The Chinese mining pool is offering an alternative to cloud mining, charging fees only after their equipment starts to pay for itself.
10655 - News
Mexican media report on a new study that reveals a lack of trust from locals towards public cloud network security as cryptojacking cases rise.
3685 - News
A new Chinese Bitcoin Ponzi scheme has absorbed roughly $11 million in Bitcoin in less than one month of operating.
6331 - News
The Texas securities regulator has taken emergency action against a cloud mining firm touting unverified charitable donations.
3476 - News
The supply of crypto mining machines failed to meet market demand in Q2 2019, according to a new report by TokenInsight.
3271 - Sponsored
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.
6624 - Analysis
A major cloud mining service terminates Bitcoin contracts, stripping users of yearly fees.
29078 - News
Cryptocurrency cloud mining service HashFlare has stopped mining services on current SHA-256 contracts due to difficulties with generating profits.
36503 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.
10679Mining company Hashflare highlights three positive trends that are going on right now in the Bitcoin world.
1126- Sponsored
Pavel Veselik from Maximus Coin on the Bitcoin cloud mining industry in the Czech Republic, its challenges and opportunities.
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