Mining


Tech

Ethereum Fees Plummeted 65% in October Following DeFi Volumes Back to Earth

Miners' income from processing transactions on the Ethereum blockchain more than halved in October as the mania for DeFi cooled.

piles of coins

Markets

Technician Used Airport's Computers to Mine Ethereum in Italy: Report

A technician at the Lamezia Terme airport in Italy was discovered using the airport's computers to illegally mine ether (ETH).

mining3

Markets

Desperation Among Filecoin Miners Creating a Big Market for FIL Borrowing

The Filecoin network is facing liquidity problems, forcing some miners to borrow the native token at outrageous rates.

Filecoin creator Juan Benet

Policy

Iran Amends Law to Allow Imports to Be Funded With Cryptocurrency

Strapped for international currencies, Iran is turning to cryptocurrency to allow imports to continue flowing.

Tehran, Iran

Markets

A New Company Claims It’s Opening the Biggest Mining Farm in Russia

MineSpot, a company previously unknown in the crypto mining industry, is opening a 160-megawatt mining venue in Siberia.

minespot

Markets

Filecoin Network Upgrade Goes Live, Miners Claim 25% Block Rewards

The mandatory upgrade is the first post-launch upgrade to the Filecoin network.

Juan Benet, Filecoin founder

Policy

FIL Miners Force Filecoin to Speed Up Token Rewards Following Mainnet Launch

Some of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations.

Juan Benet, Filecoin founder

Markets

A Russian Company Is Opening a Mining Farm in the Arctic

The Arctic mining farm will host ASICs for customers, who will be charged for their electricity consumption.

Former nickel smelting plant in Norilsk, Russia

Markets

Riot Buys 2,500 More Bitmain Miners in Latest Fleet Expansion

The publicly traded bitcoin miner aims to quadruple its current hashrate by mid-2021.

A crypto mining farm.

Finance

Fidelity, Vanguard, Schwab Funds Have Been Loading Up on Crypto Mining Stocks

Stock of three major cryptocurrency mining firms are appearing in Fidelity, Vanguard and Charles Schwab mutual funds.

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