Bitcoin Mining Mining News

Gold miner now in the blockchain business

Caza Gold and Arctic Blockchain merge.

In Iceland, more energy will be used for bitcoin mining than powering homes

Mining bitcoins requires a great deal of computing power which in turn needs a lot of electricity to solve the computational puzzles that reward miners with cryptocurrency. 

Chinese bitcoin miners eye sites in energy-rich Canada

China’s Bitmain Technologies is eyeing bitcoin mining sites in Quebec, a company spokesman told Reuters, as expectations of a potential Chinese crackdown on cryptocurrency mining make the energy-rich Canadian province an attractive alternative.

Bitcoin sinks as China tightens restrictions on trade

The virtual currency is down 46% from Monday, and 60% since the historic peak of late November.

Bitcoin down 29% as China bans banks from trade

However the Chinese government said people are free to buy and sell it at their own risk.

Canadian junior to pay for services in bitcoins

Junior exploration firm Alix Resources is making history.

INFOGRAPHIC: Bitcoin mining by country, by operating system

India is a solid red of bitcoin enthusiasts.