On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing to expand operations “beyond its currently installed North American footprint.” Blockware Raises $25 Million, Purchases 14,000 ASIC Miners Blockware Mining, […]

Technology can both transcend and deteriorate the music industry. Consumers are quick to pay for video games, merchandise, and other goods, but gone are the days of buying records and CDs as people often opt for pirating music, harming artists in the process. According to a 2021 Piracy Survey, more […]

David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in the crypto space agree with him. Facebook’s Executive Believes China’s Bitcoin Mining Crackdown […]

Major cryptocurrency exchange KuCoin launched the KuCoin Community Chain (KCC) mainnet, with the goal of providing the community with a more efficient and cost-effective experience.  KuCoin Unveils Community Mainnet KuCoin announced the official launch of the KCC mainnet on Wednesday (June 16, 2021). According to the announcement, the mainnet was […]

Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will be carried out by various government departments. The mining industry cleanup is expected to continue […]

Spanish seafood company Nueva Pescanova has partnered with IBM to utilize the latter’s blockchain-based solution, Food Trust platform, to trace seafood products across the supply chain.  Tracking Seafood Supply Chain with Blockchain Technology  IBM announced the collaboration in a press release on Tuesday (June 8, 2021). Accoding to the announcement, […]

Cryptocurrencies have jumped quite a bit in value over the course of the year and miners who verify transactions and earn digital assets have seen significant profits. While bitcoin miners have been seeing daily profits rise, a great number of other mineable digital currencies are pulling in much larger yields. […]