archivebitcoin mining

Canaan Launches Bitcoin Mining TV 'Avalon Miner'
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Canaan Launches Bitcoin Mining TV ‘Avalon Miner’

Canaan Creative, the world’s second-largest producer of Bitcoin mining equipment has launched the first bitcoin mining television. This launch is a part of an initiative to build a new generation of smart, connected devices that will support blockchain development and Internet of Things (IoT) frameworks. This new device is called...
Three Multi-Algo rigs launched by Watts Miners
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Three Multi-Algo rigs launched by Watts Miners

Watts Miners have started a new era in the world of cryptocurrency. The company has announced the formal launch of three new mining rigs with capabilities to take the global crypto space by storm. Watts Miners has utilized ASIC chip technology to deliver three introductory products that are pre-configured for...
High Energy Use by Bitcoin Miners
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High Energy Use by Bitcoin Miners

The Economist  made an assertion that Bitcoin and cryptocurrency is expensive in terms of energy use. The report says ‘Bitcoin has been alarming people for years’ referring to the amount of electricity required for its mining. This amount has been compared to the amount of electricity needed by a small...
To Increase Scrutiny Vietnam Bans Bitcoin Mining Machine Imports
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To Increase Scrutiny Vietnam Bans Bitcoin Mining Machine Imports

To improve the management of bitcoin and cryptocurrency transactions, the Vietnam government is reportedly working to increase scrutiny over BTC transactions. Recently Vietnam’s Ministry of Finance has proposed a temporary ban on bitcoin mining machine imports. According to Vietnam Plus, cryptocurrencies like bitcoin is considered an illegal non-cash payment method in...
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