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Posts Tagged ‘mining’

Montana County Delays Decision on Bitcoin Mining Suspension

A county in the U.S. state of Montana that is weighing whether it should halt new and expanded bitcoin mining initiatives now won’t make a final decision until at least August. The Missoula County Commission held a public hearing on Thursday aimed to decide on a proposed one-year suspension of new mining initiatives, but postponed…

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Final Frontier? William Shatner Boldly Goes into Bitcoin Mining

Star Trek legend William Shatner has become the latest celebrity to beam into the crypto space. Shatner, known for playing Captain Kirk in the science fiction series, is representing Solar Alliance, an alternate energy developer which is planning to build a solar-powered bitcoin mining facility in Illinois, the Chicago Tribune reported Wednesday. The company –…

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Apple Blocks Crypto Mining Apps On Its Products

Apple has moved to put a stop to any crypto-mining apps that might be used on its mobile products. In a recent update, the personal computing company expanded its initial guidelines on cryptocurrencies. Before, the guidelines specified apps facilitating cryptocurrency exchange and/or initial coin offerings (ICOs) must comply with all applicable state and federal laws.…

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Apple Outlaws Cryptocurrency Mining Apps

Georgi Georgiev · June 12, 2018 · 10:00 am Following an update to its App Store review guidelines, Apple has explicitly halted the design and development of iOS applications which can be used for direct cryptocurrency mining. Still, off-device cloud-based mining is not affected by the changes.  Direct Cryptocurrency Mining is a No-Go Even though…

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Quebec Halts Crypto Mining Approvals Pending New Restrictions

Quebec has issued a moratorium on new cryptocurrency mining operations in a bid to give officials time to develop new restrictions and potentially increase energy costs, Reuters reported Thursday. The Canadian province long known for its cheap hydroelectric power has formally stopped approving new projects in order to create new rules around which mining firms…

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Former Alcoa Smelting Factory Turns To Crypto Mining In Upstate New York

Kyle Baird · June 7, 2018 · 1:00 am Former Alcoa aluminum smelting facility has signed a deal with crypto-mining company Coinmint, to install one of the world’s largest cryptocurrency mining centers in Upstate New York. From Melting to Minting A former Upstate New York aluminum smelting facility is getting new and unexpected tenants. Aluminum…

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Vietnam Finance Minister Wants to Ban Bitcoin Mining Rigs

Osato Avan-Nomayo · June 6, 2018 · 2:00 am News has emerged of yet another cryptocurrency-related ban — this time in Vietnam. The country’s Finance Ministry is proposing a ban on the importation of cryptocurrency mining rigs. According to the ministry, these mining rigs are used to launch unregulated digital payment methods.  Vietnam Struggles to Get a…

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