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New DLT Protocol Scalable, Secure Without Consensus, Researchers ClaimNew DLT Protocol Scalable, Secure Without Consensus, Researchers ClaimCategory: blockchain
Wed Oct 16 2019 09:10:00 GMT+0000 (Coordinated Universal Time)

A new distributed ledger protocol is being pitched as a secure and less power-hungry alternative to Bitcoin mining

Layer1 Secures $50M from Peter Thiel, Others to Mine Crypto in TexasLayer1 Secures $50M from Peter Thiel, Others to Mine Crypto in TexasCategory: blockchain
Tue Oct 15 2019 17:30:00 GMT+0000 (Coordinated Universal Time)

Layer1 has raised $50 million from industry stakeholders including PayPal co-founder Peter Thiel and early stage investor Shasta Ventures

Big investors are pouring $50M into a bitcoin mining startup, and they’re hopingCategory: blockchain
Tue Oct 15 2019 13:07:26 GMT+0000 (Coordinated Universal Time)

A Digital Currency Group (DCG)-backed investment fund is making a pivot into the bitcoin mining business, and venture capitalists including Peter Thiel are committing $50 million to the newish venture

Money 2.0 Stuff: Why?Category: blockchain
Tue Oct 15 2019 02:02:18 GMT+0000 (Coordinated Universal Time)

Mining games Last week MIT’s Digital Currency Initiative hosted the Cryptoeconomics Systems Summit and, while I didn’t attend, a quick overview of presentation transcripts suggests it shaped up to be

Chinese Mining Giant Canaan to Go Public in US in November: SourcesChinese Mining Giant Canaan to Go Public in US in November: SourcesCategory: blockchain
Fri Oct 11 2019 18:49:00 GMT+0000 (Coordinated Universal Time)

Chinese crypto mining giant Canaan Creative plans to be listed as a publicly traded company in the U.S. in November 2019, sources say

DOJ charges cryptocurrency miner for stealing $5M worth of computing powerCategory: blockchain
Thu Oct 10 2019 18:43:40 GMT+0000 (Coordinated Universal Time)

The U.S. Attorney’s Office for the Western District of Washington has formally charged Ho Jun Jia, a Singapore citizen, for allegedly stealing computing power and services to mine cryptocurrencies. Th

US Charges Singaporean Miner Who Stole $5M Worth of Cloud Computing PowerUS Charges Singaporean Miner Who Stole $5M Worth of Cloud Computing PowerCategory: blockchain
Thu Oct 10 2019 05:55:00 GMT+0000 (Coordinated Universal Time)

The United States prosecutors officially indict a man from Singapore for stealing Amazon Web Services’ cloud computing power to mine cryptocurrencies

Virginia Bitcoin Mining Operation Ordered to Liquidate AssetsVirginia Bitcoin Mining Operation Ordered to Liquidate AssetsCategory: blockchain
Thu Oct 10 2019 00:49:00 GMT+0000 (Coordinated Universal Time)

A Bitcoin mining operation in the city of Virginia Beach was ordered to liquidate its assets by a federal judge

Mapping out the blockchain ecosystem in CanadaCategory: blockchain
Wed Oct 09 2019 23:00:41 GMT+0000 (Coordinated Universal Time)

Canada has become home to an assortment of blockchain companies. A report by Chamber of Digital Commerce Canada found that 96% of Canadian businesses with 500 employees or more have considered incorpo

Bitmain Announces Two New ASIC Cryptocurrency Mining RigsBitmain Announces Two New ASIC Cryptocurrency Mining RigsCategory: blockchain
Wed Oct 09 2019 20:54:00 GMT+0000 (Coordinated Universal Time)

Leading ASIC miner producer Bitmain announced two new series 17 Bitcoin mining machines



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