Bitcoin isn’t the only one going down. As the cryptocurrency keeps losing its value, other areas of the industry are starting to take its toll. As Bitcoin, and cryptocurrencies all over the world, skyrocketed in value last year, a new market was born — crypto mining. I’m sure you know at least one person who […]

By Laura Desmond The Sacramento Kings basketball team has teamed up with a crypto mining hardware firm to install mining machines in an indoor arena, with the crypto earnings funding a scholarship program, local news outlet The Sacramento Bee reported yesterday, June 28. The Kings have partnered with company MiningStore for the installation of Ethereum (ETH) mining machines in Sacramento’s Golden […]

By Laura Desmond Understanding Ethereum Mining and the Need for Proof of Stake.  Mining is the lifeblood of all POW based cryptocurrencies. When miners “mine” to form new blocks to add to the blockchain. Miners use heavy duty computational power to solve cryptographical puzzles to satisfy a difficulty level. Understanding Ethereum Mining and the Need for a Stake/Proof of Work Hybrid […]

VANCOUVER, Jan. 24, 2018 /CNW/ – HashChain Technology Inc. (TSXV: KASH)  (“HashChain” or the “Company“) today announced the arrival of 770 mining Rigs (“Rigs”) from China. Upon expected January 2018 deployment, the Company will operate a total of 1.23 megawatts. HashChain committed to a new 20-megawatt mining facility in Montana, USA, along with a separate purchase order of 5,000 Rigs with its […]