Chip Maker TSMC Breaks Sales Record on Bitcoin Mining Boost

Chip Maker TSMC Breaks Sales Record on Bitcoin Mining Boost The Taiwan Semiconductor Manufacturing Company (TSMC) has reported strong financial results in the first quarter of 2018, figures driven by a growth in orders for cryptocurrency mining chips. During its shareholder conference call on Thursday, the world’s largest independent semiconductor maker said it generated 248 billion Taiwan…

Local Authorities Approve Lease For Bitmain Subsidiary In Rural Washington

Local Authorities Approve Lease For Bitmain Subsidiary In Rural Washington Port of Walla Walla, Washington commissioners have unanimously agreed to embark on a land lease and purchase option for 10 acres to be used for cryptocurrency mining project by Bitmain subsidiary Ant Creek LLC, local news Union Bulletin reports April 13. The decision to award the permit followed an…

Bitcoin Mining Operation Allegedly Causes Power Outage in Orenburg, Russia

Bitcoin Mining Operation Allegedly Causes Power Outage in Orenburg, Russia Russia has always been an interesting country when it comes to cryptocurrency. Government officials remain on the fence about whether or not to allow this industry to thrive. The Russian Interior Ministry has suddenly decided to halt several Bitcoin mining operations due to the “misappropriation of…

Washington’s Chelan County Officials Crack Down on Unauthorized Bitcoin Mining Operations

Washington’s Chelan County Officials Crack Down on Unauthorized Bitcoin Mining Operations Cryptocurrency mining has attracted a lot of attention over the years. For a lot of people, it is still a profitable business venture, even though one has to have access to cheap electricity first and foremost. Officials in Washington’s Chelan County are cracking down on unauthorized Bitcoin…

Google Bans Crypto Mining Extensions From Web Store After ‘90%’ Disregard Policies

Google Bans Crypto Mining Extensions From Web Store After ‘90%’ Disregard Policies Google announced it is pulling cryptocurrency mining extensions from its Chrome Web Store April 2 after “90%” failed to comply with its rules. In a blog post, extensions platform product manager James Wagner said that the move was in response to analysis of malicious “cryptojacking” present in extensions.…