The arrival of more powerful mining hardware is splitting sentiment in major cryptocurrencies, with users taking sides over how best to respond.
Making the Most of Crypto Mining Tax Breaks
From depreciation of rig equipment to a second reporting and tax requirement after mined coins are sold, tax rules for miners can get complicated.
Vitalik Opposes Fork to Disable Ethereum ASICs
The creator of ethereum is coming out against a proposal that would find the network altering its software to defend against powerful new miners.
Washington State County Shuts Down ‘Unauthorized’ Crypto Miners
Washington State’s Chelan County shut down three rogue cryptocurrency mining operations due to the power draw and safety risk.
Ethereum ASICs Are Here: What It Means and What’s Next
After weeks of speculation, Bitmain has announced an ASIC for ethereum mining, spurring the developer community into action to try and block its use.
Google Bans Crypto Mining Browser Extensions from Chrome
Google said Monday it is banning cryptocurrency mining extensions from the Chrome Web Store after a flood of submissions that violated its policies.
Korean Police Bust Bitcoin Miners Illegally Using Cheap Factory Power
Companies using cheap electricity to mine cryptocurrencies at industrial complexes in South Korea have reportedly been arrested by police.
Intel Wants to Patent a Bitcoin Mining Hardware ‘Accelerator’
Intel explains in a recently-released patent application how it would improve its products for bitcoin mining purposes.
AMD Bolsters Crypto Mining in Latest GPU Software Update
The latest version of AMD’s Adrenalin Edition driver for its Radeon processors fixes an issue impacting blockchain processes.
Crimean Government Employees Fined for Mining Bitcoins at Work
Two former Crimean government employees were fined 30,000 rubles each for using official resources to mine bitcoin.
The Crypto ‘Kill Switch’: Monero Is Going to War Against Big Miners
Big miners are eying monero as a next money-maker. The only problem? Developers are taking steps to keep them out entirely.
Quebec Pushes Hydropower Utility to Halt New Bitcoin Mines
Quebec is temporarily suspending new cryptomining operations from setting up facilities in its low-cost power region.
Bitfury-Backed Bitcoin Miner Secures Canadian Land Deal
Bitfury-backed Hut 8 Mining Corp has secured a new headquarters in Canada’s Alberta province.
Washington State County Moves to Limit New Bitcoin Mining Firms
In a unanimous vote, Chelan County’s Public Utility District commissioners agreed to put a moratorium on new bitcoin mining applications.
Florida State Employee Arrested for Allegedly Mining Crypto at Work
A state employee at Florida’s Department of Citrus has been arrested for allegedly using official computers to mine bitcoin and litecoin.
Bitcoin Mining Giant Bitmain Sets Up Secret US Subsidiary
New reports indicate that crypto mining firm Bitmain is quietly preparing to open new facilities in Washington state.
Report: Louisiana Officials Probe Staffers for Mining Bitcoin At Work
Louisiana’s attorney general is reportedly investigating a group of former staffers for using official resources to mine cryptocurrencies.
AMD: GPU Business Could Take Hit If Crypto Miners Stop Buying
AMD expressed concern in a new SEC filing about the potential impact of a drop in GPU demand from crypto miners.
In 10 Years We Won’t Have Blockchains
Instead, we may have something that does what a blockchain does, only faster, cheaper and scalable. It’ll look more like a graph than a linear chain.
FCC: Bitcoin Miner Interfered With T-Mobile Network
The Federal Communications Commission says a crypto mining rig has caused interference with T-Mobile’s LTE network in Brooklyn, New York.