Tagged: mining

February 27, 2018 @ 3:03 pm By JD Alois  |  

Switzerland has become known as a center of excellence for the cryptocurrency industry. In fact, many initial coin offerings (ICO) call Zug, Switzerland home – even if they are not really based there. The Swiss regulators (FINMA) have recognized the emergence of digital currencies as… Read More

February 10, 2018 @ 3:37 pm By JD Alois  |  

According to multiple reports, two Russian engineers were detained by authorities for attempting to use computers at the Scientific Research Institute for Experimental Physics which is based in Sarov, Russia. The facility is said to be where the first Soviet nuclear weapon was produced in… Read More

February 4, 2018 @ 2:54 pm By JD Alois  |  

Long Blockchain Corporation (NASDAQ:LBCC), formerly known as Long Island Ice Tea Corp. due to its focus on beverages, has done an about face regarding its previously announced decision to purchase 1,000 Antminer S9 mining rigs and 1,000 APW3++ PSUs. In January, the company stated it had signed… Read More

January 29, 2018 @ 7:26 am By JD Alois  |  

DPW Holdings, (NYSE: DPW), has announced that its subsidiary, Digital Power Lending, LLC will launch a network of cryptocurrency ATMs that will allow for the purchase and sale of cryptocurrencies along with cash withdrawals. The company said the first ATMs will be installed in 5… Read More

January 25, 2018 @ 11:07 pm By JD Alois  |  

Unikrn, an esports brand, has formed a new partnership with MAINGEAR, a top manufacturers of high-performance PC systems.  The deal will see MAINGEAR creating co-branded UnikoinGold (UKG) crypto-mining capable PCs — the MAINGEAR ACM [Advanced Crypto Miner] and MAINGEAR ACM PRO — available later this… Read More

January 8, 2018 @ 8:33 am By JD Alois  |  

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

January 6, 2018 @ 5:20 pm By Xu Gao  |  

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

January 5, 2018 @ 9:18 am By JD Alois  |  

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

December 28, 2017 @ 3:14 pm By Samantha Hurst  |  

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

May 6, 2016 @ 6:47 pm By JD Alois  |  

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

March 14, 2016 @ 10:28 am By Darcy Brooks  |  

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

August 4, 2015 @ 9:57 am By Samantha Hurst  |  

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

January 19, 2015 @ 11:17 am By JD Alois  |  

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

July 17, 2014 @ 12:13 pm By Samantha Hurst  |  

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