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Bitmain Releases Equihash Miner 3x More Powerful Than Its Predecessor

Bitmain, the Beijing-headquartered cryptocurrency mining giant, has officially released the Antminer Z11 machine on Tuesday March 19. The new device is designed to mine coins that are based on the Equihash proof-of-work algorithm such as the privacy-focused altcoin zcash (ZEC). Also Read: In the Daily: Cryptopia Resumes Trading, US

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Russian Bitcoin Mining Granny Is Bullish on the Industry’s Future

A residential block of red bricks stretches unambitiously under the freezing sky of Irkutsk, in the Russian province of Siberia. Inside, a series of small bitcoin mining machines are running on cheap electricity, as grandmother Valeriya’s family of domestic miners, a bullish bunch, stack up a potential fortune for

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Taiwanese Police Arrest Miner Accused of Stealing Millions in Power

A man with the Surname of Yang has been accused of stealing 100 million Taiwanese dollars (nearly $3.25 million) worth of electricity to mine cryptocurrencies. Yang is suspected of stealing power from 17 different stores in Northern Taiwan to fuel his mining operations. Also Read: The Daily: UFC 232 to Have

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Sweden Expects to Attract Hoards of Norwegian Bitcoin Miners After Brutal Tax Hike

With Norway set to revoke electricity subsidies for cryptocurrency miners from January 2019 onward, Swedish data centers are anticipating a wave of inquiries from mining companies seeking to domicile in Sweden. Also Read: Silk Road Fake Murder Mystery May Be Solved Data Centers See Demand from Miners Leaving Norway Local media outlets have

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ETH Mining Not Profitable, Miner Heats Home With ASIC Rigs

In recent mining news, Susquehanna International Group has reported that it is no longer profitable to mine ether with a GPU. In other news, a Canadian miner has taken to Twitter to share photos of a system that recycles the heat generated by his six ASIC miners, while Jihan

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