Tagged: mining

Leaked Document Shows China’s Intent to Force Bitcoin Mining Halt

As we reported this past weekend, the People’s Bank of China (PBOC) is rumored to be discussing a power cut for Bitcoin miners. Now there is a document circulating on the internet that indicates China wants to shut down Bitcoin mining altogether. While the complete… Read More

China: WeiyangX Fintech Review

Tencent Wins Third-Party Fund Sales License On January 2, 2018, the Shenzhen Securities Regulatory Bureau issued this year’s first fund sales license to internet giant Tencent Holdings, or more specifically Teng An Information Technology (Shenzhen) Co., Ltd. According to the document, the company was allowed… Read More

Long Blockchain Acquires 1000 Bitcoin Mining Machines to be Deployed this Month, Announces Common Stock Offer [u]

Long Blockchain Corporation (NASDAQ:LBCC) has signed an agreement to purchase 1000 Bitcoin mining machines manufactured by Bitmain.  The hardware, Antminer S9 mining rigs and 1,000 APW3++ PSUs, is expected to arrive this month and will be deployed at a data center in an experienced crypto mining… Read More

Russian Finance Ministry to Suggest Collecting Taxes on Mining of Cryptocurrency

On Thursday, Deputy Minister Alexei Moiseev announced that the Russian Finance Ministry has reportedly suggested collecting taxes on mining of cryptocurrencies. This tax will be introduced through a new draft law, which was announced earlier this week. According to Russian media outlet, TASS, while sharing details… Read More

Radisson Mining Closes Crowdfunding Round on Klondike Strike

Radisson Mining Resources, a Quebec-based mineral exploration company, has closed the first tranche of a crowdfunding round on mining centric Red Cloud Klondike Strike. The gross proceeds were said to be just over $400,000. The net proceeds of the offering will be used for exploration and… Read More

Investors Can Now Join the Rush: Red Cloud Klondike Strike Launches Portal for Mining Investment

For such a large industry, I know of relatively few famous mining companies.  I’ve never been part of that world.  It isn’t that the things they’re doing aren’t important, or that they don’t have an impact on my life.  It’s that in the past they’ve… Read More

Australian Construction Software Company APE Mobile Secures $2M During Series A Funding Round Led By Jolimont Global & Viburnum Funds

APE Mobile, an established Australian software company that has developed an innovative paperless site app for the Construction, Mining and Oil & Gas industries to enable greater efficiency in managing on-site documents on iPads and web devices, is pleased to announce the raising of $2 million in… Read More

Klondike Strike, an Equity Crowdfunding Site for Mining, Announces CEO

Toronto based Klondike Strike has announced the hiring of Chad Williams as Chief Executive Officer for the mining crowdfunding startup. Williams will be responsible for Klondike’s global business initiatives. Klondike claims to be the first portal of its kind in Canada. Williams has 25 years… Read More

GoldKey Resources Launches $1.5M Crowdfunding Campaign on EquityNet

GoldKey Resources, Inc., a natural resources development company, announced today the launch of a crowdfunding campaign with EquityNet, designed to raise US$1.5 million. Niles Helmboldt, CEO of GoldKey, stated, “Our crowdfunding initiative is part of an overall campaign to capitalize on opportunities to assist and… Read More

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