Home » Tag Archives: Mining

Tag Archives: Mining

GS Mining Company Launches ICO for Their Operational Gold Mine

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Central ...

Read More »

MoonLite Is Giving Investors A Chance To Get Started In Cryptocurrency Mining

With the overall market capitalization of cryptocurrencies gradually trending towards $1 trillion, increasing from just under $20 billion at the start of 2017 to over $700 billion at the beginning of the current year, it’s simply a good time to invest in the revolutionary technology called blockchain. Last year alone, bitcoin, the pioneer cryptocurrency, which introduced the blockchain technology too, ...

Read More »

Alibaba Launches Crypto Mining Platform Despite Chinese Government Restrictions

Alibaba Launches Crypto Mining Platform Despite Chinese Government Restrictions, Says Report According to reports in China, e-commerce giant Alibaba (NYSE:BABA) has now launched its own cryptocurrency mining platform despite the Chinese government’s continuous push to curb crypto mining operations by restricting miners’ power and land usage. Source: Twitter The platform — called P2P Nodes — was originally registered by Alibaba ...

Read More »

Halong Mining and MyRig Announce Partnership

Halong Mining and MyRig are working together to bring the new DragonMint miner from Halong to market. First announced in November 2017, the new Halong Mining DragonMint 16T miner is the result of 12 months of R&D and a $30 million investment in development. It has a hashrate of 16th/s with a power consumption of 1440–1480 watts optimized for 240v ...

Read More »

China to Restrict Cryptocurrency OTC Trading & Mining, No Definite Plans

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. According to an internal memo obtained by Bloomberg and Reuters, the People’s Bank of China (PBoC) vice governor Pan Gongsheng has encouraged the government to enforce a complete ban on cryptocurrency trading. Far-Fetched to Claim China Triggered Market Correction Last year, the Chinese government banned cryptocurrency exchanges ...

Read More »

China’s Alibaba Launches Crypto Mining Platform Despit… | News

Chinese e-commerce giant Alibaba has launched a surprise cryptocurrency mining platform, unconfirmed sources surfacing today claim. CnLedger, a Twitter-based local crypto news information provider, relayed the report from Chinese Internet service qq.com, stating Alibaba’s ‘P2P Nodes’ platform had “launched” after a registration in October 2017. According to the available material from cnLedger, Alibaba “may incorporate” P2P Nodes in its e-commerce ...

Read More »

China’s Alibaba Quietly Launches Cryptocurrency Mining Platform: Unconfirmed Local Report

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Chinese e-commerce and tech conglomerate Alibaba has quietly launched a cryptocurrency mining platform, according to an unconfirmed local media report. According to Tencent News, Alibaba registered the platform, which is called “P2P Nodes,” on Oct. 10, 2017 with the relevant local authorities in Nanjing. “Alibaba has recently ...

Read More »

Bitmain Considers Expanding Bitcoin Mining Into Quebec, Canada

Bitmain Considers Expanding Bitcoin Mining Into Quebec, Canada According to a report by Reuters, Chinese mining giant Bitmain Technologies is looking to expand its bitcoin mining operations into Quebec, Canada as the company seeks alternatives amid expectations of a possible crackdown by the Chinese government on anonymous trading of cryptocurrencies. China is currently home to approximately 70% of the bitcoin ...

Read More »

India Sees Big Opportunity as China Clamps Down on Bitcoin Mining

Slow morning for cryptocurrencies The top cryptocurrencies, including bitcoin, ethereum, bitcoin cash, and ripple, all traded slightly lower on the first day of the week, with no significant news… You must be logged in to keep reading. Important: Never invest (trade with) money you can’t afford to comfortably lose. Always do your own research and due diligence before placing a ...

Read More »

Bitcoin Mining Hardware Firm Posts Massive 2017 Profits

According to their co-chairman Kong Jianping, a company making Bitcoin mining hardware has posted sales of over 1.2 billion yuan (US$ 185.2 million) during 2017. This translates in a profit of a staggering 300 million yuan (US$ 46.6 million). Kong told Chinese media outlet Yicai Global that he anticipates Canaan Creative’s profits to reach 5 billion yuan. This would mean ...

Read More »