Mining


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World's Biggest Mining Firm Makes First Ore Trade on a Blockchain

BHP has completed its first trial trade transaction of iron ore with China's Baosteel using blockchain technology.

(Shutterstock)

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Miners Are Sending Bitcoins to Exchanges Again – And That May Be Bearish

A sudden spike in miner outflows of bitcoin to exchanges makes the cryptocurrency vulnerable to a price drop, according one analyst.

(RLHambley/Shutterstock)

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Argo Buys $500K Worth of Zcash Miners as Bitcoin Revenue Shrivels

Doubling its mining capacity for privacy coin zcash could help Argo diversify after last month’s halving knocked its bitcoin revenue.

(Media Whalestock/Shutterstock)

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Bitcoin Miner Maker Canaan's Stock Hits Record Low 1 Month After Halving

Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, fell below $2 Monday, their lowest after going public last year.

Crypto mining machines

Політика

Illegal Miners in Russia Stole $6.6M Worth of Electricity, Power Grid Firm Says

Electricity thieves built their own illicit power stations to connect hidden mining farms with the local energy grid, a state-owned provider says.

power lines

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Argo's Mining Revenue Dips After Bitcoin's Halving

London-based bitcoin miner Argo reported that a dip in revenue last month may have occurred due to the bitcoin halving.

Credit: Shutterstock

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Market Wrap: Bitcoin Can't Stick to $9,000 While Stocks Rally

While bitcoin has been trending lower, Tuesday’s big winner in the markets are equities.

cdbpimay26

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Iranian President Calls for National Crypto Mining Strategy

Iran's President has ordered officials to develop a new approach to cryptocurrency mining.

Iranian President Hassan Rouhani (Credit: lev radin / Shutterstock)

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First Mover: Bitcoin Just Got Easier to Mine, but for How Long?

Bitcoin's mining "difficulty" just fell 6%, giving small-scale miners a reprieve. But this is only a small dip before an even steeper ascent.

Credit: Shutterstock

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EU Supercomputers Hijacked From COVID-19 Research to Mine Cryptocurrency

A number of supercomputers programmed to search for a vaccine for the coronavirus were remotely hijacked last week using stolen credentials.

Vaccine