Japan’s GMO Gets Ready to Start Selling 7nm Bitcoin Mining Chips

Japanese internet giant GMO has updated its plans to manufacture and sell its 7nm bitcoin mining chips as well as for its own mining operations. Interested customers will soon be able to reserve some of these chips. Also read: Yahoo! Japan… Continue Reading

US State Issues Emergency Cease and Desist Orders to Two Crypto Investment Firms

A U.S. state has issued emergency cease and desist orders to two companies and related persons purportedly engaged in cryptocurrency investment schemes. The first company posted videos of three mining farms composed of online stock images, according to the order.… Continue Reading

Philippines Regulator Issues Warning to Cloud Mining Participants

This week the Philippines Securities and Exchange Commission (SEC) revealed to the public that it plans to enforce securities regulations against cloud mining operations. According to the SEC’s statement, the regulatory agency believes these types of contracts should be defined… Continue Reading

South Carolina Declares Cloud Mining Contracts to Be Securities

The Attorney General of South Carolina has served a cease and desist order on Genesis Mining. In documents filed before its Securities Commissioner, it has declared cloud mining contracts to be securities, in a move that could have repercussions beyond… Continue Reading

Bitpay Bans Payments to Merchants of Explicit Content, Cloud-Mining and Gambling

Bitcoin was originally created to free people’s money from the control and censorship of regulators, banks and governments. Companies in the ecosystem are supposed to be infused with this ethos, but as they strive to become more mainstream some, like… Continue Reading

Tesla Hit by Hackers Who Used its Systems to Mine Cryptocurrency

Elon Musk might be able to send his personal Tesla car into space, he might change the way humanity produces and stores energy, and he might even build a colony on Mars one day. However, even this real-life Iron Man… Continue Reading

Japan’s GMO to Launch BTC, BCH Cloud Mining Service in August

Japanese technology conglomerate GMO Internet is about to launch a new cloud offering for mining BTC and BCH. If you have at least $5 million that you want to invest in such a venture, and don’t want the hassle of… Continue Reading