Mining


Finance

Ruble's Drop Eases Pain of Lower Bitcoin Prices for Russia's Miners

The global market meltdown has indirectly benefited Russia's bitcoin miners, even as the cryptocurrency's price tumbled along with other assets.

Bitriver mining farm in Bratsk, Russia.

Tech

Thousands of These Computers Were Mining Cryptocurrency. Now They're Working on Coronavirus Research

The largest U.S. Ethereum miner is redirecting the processing power of 6,000 specialized computer chips toward research to find a drug for the coronavirus.

ALL TOGETHER NOW: Like a blockchain network, Folding@home marshals thousands of computers from around the world to form a distributed supercomputer for disease research. (Protein image: Shutterstock)

Markets

Bitcoin Volume Gains Traction After 24-Hour Roller-Coaster Ride

Bitcoin prices have been on a roller-coaster ride since Sunday afternoon after the Federal Reserve slashed rates a full percentage point and promised to pump $700 billion into the U.S. economy. But now bitcoin volume is picking up.

march16priceupdate2

Markets

Baidu Employee Jailed for Mining Crypto on 200 Company Servers

The search engine developer downloaded monero mining scripts onto 200 of Baidu's servers.

Credit: Shutterstock

Finance

Exiled Bitmain Co-Founder Is Fighting Back With Second Lawsuit

Micree Zhan, the ousted co-founder of Bitmain, has filed another lawsuit in his fight to regain control of the bitcoin mining giant – this time in China.

Micree Zhan, co-founder of Bitmain. (Credit: CoinDesk archives)

Tech

Ethereum’s ProgPoW Debate Is About Much More Than Mining

The debate over ProgPoW has become a flashpoint for how Ethereum makes big decisions.

(Brady Dale/CoinDesk)

Finance

A New York Power Plant Is Mining $50K Worth of Bitcoin a Day

The power plant believes it will remain profitable even after the halving event in May.

Greenidge Generation's bitcoin mining facility.

Policy

Ukraine Justice System Employee Caught Mining Crypto at Work

The IT staffer is alleged to have illegally mined cryptocurrency and run websites from court administration servers.

Ukraine supreme court. Credit: Shutterstock/Home for heroes

Tech

No, Concentration Among Miners Isn’t Going to Break Bitcoin

Bitcoin's resilience doesn't depend on widely distributed mining power. It just requires self-interested miners, says CoinDesk columnist Hasu.

Mining facility

Markets

North Korea Is Expanding Its Monero Mining Operations, Says Report

North Korea may be boosting its monero mining efforts to circumvent sanctions and avoid being tracked.

Kim Jong-un, supreme leader of the Democratic People's Republic of Korea (Credit: Alexander Khitrov/Shutterstock)