The Ministry of Economy of the Republic of Abkhazia has developed a bill regulating the country’s cryptocurrency mining activities. The Ministry of Economy of the Republic of Abkhazia has developed a law draft on the settlement of cryptocurrency mining activities in the country, local news outlet Sputnik Abkhazia reported on June 24. The press service […]
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An official at Iran’s Ministry of Energy said that the authorities will have to cut off power to crypto mining due to energy overconsumption. The Iranian government will be cutting off power to crypto mining until new energy prices are approved, according to a report by local news agency Iran Daily on June 24. Mostafa […]
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The Western Mojave plant will run 330 days a year and generate 10-13 megawatts of power. California-based mining company Plouton Mining will build North America’s largest solar-powered bitcoin mining farm, the company confirmed in a press release on June 25. Plouton, which is a subsidiary of Plouton Group Holding, says the site in Western Mojave […]
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Cybersecurity firm ESET has detected what it describes as an unusual and persistent cryocurrency miner distributed for macOS and Windows since August 2018. Cybersecurity firm ESET has detected what it describes as an unusual and persistent cryocurrency miner distributed for macOS and Windows since August 2018. The news was revealed in a report from ESET […]
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The Bank of International Settlements warns that financial services offered by big tech firms such as Facebook, Google and Amazon could create new risks for the banking sector. The Bank of International Settlements (BIS) has warned that the financial services poised to be offered by big tech firms such as Facebook, Google and Amazon could […]
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A closer look at the concept of sharding, what it is exactly and how it works. What is the future of blockchain sharding? Sharding gained more attention recently because of Facebook’s Libra coin. Facebook recently released more details on the Libra coin in its white paper, which is planned for launch in the first half […]
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As Bitcoin’s price soared past the key $10K, the main factors driving the rally this time around are much different than they were in late 2017. As bitcoin’s price keeps setting new yearly highs, the question on everyone’s mind right now is whether it’s different this time. Let’s take a closer look at why this […]
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In 2019, centralized exchanges and individual hodlers are losing record-breaking sums of digital money to hackers and scammers. Much of digital assets’ appeal stems from the fact that many of them are not affiliated with or controlled by governments, central banks or transnational corporations (at least, not yet). The price paid for the independence from […]
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Digital money has been gradually transforming the world’s charity landscape, involving governments and traditional nonprofits. The technology that underpins cryptocurrencies has been gradually entering the charity sector, purportedly providing more transparency and trust to the industry — especially given a decrease in people’s trust in charity organizations, where the public is increasingly concerned about how […]
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The FDA needs to track drugs by 2023, but will it go with blockchain? Walmart is no stranger to distributed ledger technology (DLT). Back in October 2016, the multinational food retailer began collaborating with IBM on a blockchain-based system that could identify and flag recalled foods. Since then, it has dived into a number of patents […]
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