Mining


Markets

Bitfury Latest to Donate Crypto Mining Power to Coronavirus Research

Bitfury has dedicated its GPU miners to the Folding@home project, which is studying the novel coronavirus in hopes of developing a vaccine.

Credit: Shutterstock

Finance

Riot Blockchain Says Coronavirus Outbreak Might Hurt Crypto Mining Farms

Riot Blockchain's 10-K filing captures the fear COVID-19 is sowing in American companies.

A crypto mining farm.

Markets

Aspiring CME Director Wants Exchange to Mine Bitcoin and Issue Tokens

A nominee for a CME director position argued for tokenizing certain shares and building renewable energy sources which could also mine crypto.

CME headquarters, Chicago

Policy

US County Extends Rule Making Bitcoin Mining Firms Invest in Renewable Energy

The newly extended rule that crypto mining farms must offset energy consumption with renewables might also be made permanent.

Missoula, Montana. Credit: Shutterstock

Finance

Bitcoin Price Decline Prompts US Mining Firm to Shut Down 'Indefinitely'

Digital Farms is halting operations due to low bitcoin prices, its owner says.

mining

Finance

Ruble's Drop Eases Pain of Lower Bitcoin Prices for Russia's Miners

The global market meltdown has indirectly benefited Russia's bitcoin miners, even as the cryptocurrency's price tumbled along with other assets.

Bitriver mining farm in Bratsk, Russia.

Tech

Thousands of These Computers Were Mining Cryptocurrency. Now They're Working on Coronavirus Research

The largest U.S. Ethereum miner is redirecting the processing power of 6,000 specialized computer chips toward research to find a drug for the coronavirus.

ALL TOGETHER NOW: Like a blockchain network, Folding@home marshals thousands of computers from around the world to form a distributed supercomputer for disease research. (Protein image: Shutterstock)

Markets

Bitcoin Volume Gains Traction After 24-Hour Roller-Coaster Ride

Bitcoin prices have been on a roller-coaster ride since Sunday afternoon after the Federal Reserve slashed rates a full percentage point and promised to pump $700 billion into the U.S. economy. But now bitcoin volume is picking up.

march16priceupdate2

Markets

Baidu Employee Jailed for Mining Crypto on 200 Company Servers

The search engine developer downloaded monero mining scripts onto 200 of Baidu's servers.

Credit: Shutterstock

Finance

Exiled Bitmain Co-Founder Is Fighting Back With Second Lawsuit

Micree Zhan, the ousted co-founder of Bitmain, has filed another lawsuit in his fight to regain control of the bitcoin mining giant – this time in China.

Micree Zhan, co-founder of Bitmain. (Credit: CoinDesk archives)