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Chinese Mining Giant Becomes ‘First’ To File US IPO: Unconfirmed Report

News Chinese Bitcoin mining giant Canaan Creative has allegedly filed a $200 million initial public offering (IPO) request with United States regulators. Report: Canaan ‘beats Bitmain’ to IPO filingThat was according to a report which appeared on local social media platform WeChat on July 31, whi..

Cryptocurrency Mining is Now An Industrial Activity in Iran

The government of Iran has officially legitimized cryptocurrency mining as industrial activity in the country, according to reports from Mehr News Agency. Per the report, the decision was taken during a Sunday cabinet session chaired by Iran’s President Hassan Rouhani. Henceforth, cryptocurrency mi..

Iran Set to Create Special Electricity Tariffs for Bitcoin Mining

The Iranian government has come with a specialized electricity tariff pricing plan for bitcoin mining activities in the country. This solution likely solves the developing issue between crypto miners and Iranian authorities following the recent increase in mining activities in the country. The move..

7 Unorthodox Ways to Mine Bitcoin

Bitcoin isn’t crazy – in fact it might just be the soundest monetary system this generation has ever known. Some of the techniques miners have devised to extract it, however, are extremely unorthodox, ranging from the ingenious to the downright crazy. Here are seven of the strangest attempts at extr..

Bitcoin Mining Helps Oil Companies Reduce Carbon Footprint

Natural gas acquired as a byproduct of oil extraction has become synonymous with wasted energy. In certain areas, drilling companies are unable to find a profitable market for the excess fuel. It’s often vented into the atmosphere. Startups are now offering on-site systems that utilize the surplus t..

Bitcoin Miners Will ‘Defend’ Price Above $6,500 Ahead of Halving: Analyst

News Bitcoin (BTC) miners want to coordinate the market in order to maximize revenue as the 2020 block reward halving nears. Are miner’s controlling the market?That was the conclusion of a new Bitcoin price analysis by popular trader Filb Filb as BTC/USD neared $9,000 on July 17. The largest cryp..

Top 5 Cheapest Countries to Mine Bitcoin

If you’re thinking about dusting off your ASIC now that BTC price has recovered, you may want to pack your bags as well. Check out the top five cheapest countries to mine Bitcoin below.The Cheapest Places to Mine Bitcoin Mining Bitcoin can be a profitable business if you live in a handful of coun..

Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned

According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of export. The CBI governor, Abdol Nasser Hemmati, explained that mined cryptocurrencies should flow back into the Ir..

Bitcoin Mining May Prove Useful for Gas Well Owners

Gas companies in Canada are utilizing trapped natural gas otherwise flared to the atmosphere for bitcoin mining, creating a useful application for illiquid energy. Why Flare When You Can Mine Bitcoin Canadian gas companies in Alberta are developing means of utilizing natural gas to power bitcoin mi..

Iran Formally Allows Bitcoin Mining Despite Trading Ban

Iran will adopt a strangely paradoxical stance on Bitcoin as it legalizes mining while maintaining a ban on trading. Central Bank: Bitcoin Mining ‘Should Be Done’ According to local media outlet Press-TV and others, Iran’s central bank plans to allow cryptocurrency mining some legal freedom follow..

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