Tag: mining tools

‘Bitcoin Mining Rig’ Gets Its Own Bitcoin Mining Firm

By Rajesh Kumar | 12 Dec 2017 08:15:59For more than a decade, the cryptocurrency mining industry has been in a perpetual state of flux, and that was before its founder and CEO Satoshi Nakamoto announced that he was creating a new technology called Bitcoin Mining.With the world’s attention on cryptocurrencies, the company he founded in…



Which Bitcoin Mining Software Is Best for Mining Ethereum?

A new report by CoinDesk suggests Bitcoin miners need to consider whether they should upgrade to Ethereum (ETH) or another mining software for Ethereum (Ethereum Classic) to increase the security of their mining operation.CoinDesk conducted an analysis of the market’s most popular cryptocurrency mining software and found that the two cryptocurrencies have very different benefits.The…



Gold, mining company stocks down in premarket rout

A mining company that was among the biggest beneficiaries of a government ban on foreign ownership in Canada’s oil and gas industry has seen its stock price plummet after reports that it has been fined $1.7 million for failing to report a third of its drilling activity.In a market that’s often dominated by foreign-owned companies,…



What you need to know about the lithium mine project in British Columbia

A $3.2-billion lithium mining project in southern British Columbia is expected to create as many as 6,000 jobs, according to the B.C. Mining Corporation.The $3-billion project is expected add up to about 7,000 new jobs over 10 years, the company said in a release.The project is being developed by the British Columbia Mines Corporation.The company…



“Blackhawk Mining” in Arkansas

The Blackhawk Mining Company of Arkansas, one of the largest companies in the U.S. has a name synonymous with mining.But the company’s owners have never been shy about sharing what it does with the public.“I’ve been in this business for over 100 years, and I’ve always believed that it is good for the community,” said…