Tag: cryptocurrency mining

Looop Announces New Electricity Plan to Promote Cryptocurrency Mining

Japan has quickly become one of the most prominent regions for Bitcoin and other cryptocurrencies. It is evident there will be some interesting Bitcoin-related ventures launching in this particular country. Especially in the mining industry, big things may be happening in the very near future. In particular, local renewable energy provider Looop has some ambitious plans for the cryptocurrency mining industry as a whole. Looop Will Influence Bitcoin Mining in Japan …
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Bitcoin Mining Is the Next Frontier for Japanese Financial Institutions

When it comes to finding the most forward-thinking countries in all of cryptocurrency, Japan will be on most people’s shortlists. It was one of the first countries to have legalized Bitcoin, which has resulted in some interesting economic changes. It now appears the Japanese financial sector wants to get involved in Bitcoin mining as well. This echoes similar plans proposed by Russian authorities not long ago. Japan’s Cryptocurrency Mining Venture According to …
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Fidelity’s Cryptocurrency Mining Operation Is Now Profitable

Most financial industry enthusiasts will have come across the name Fidelity Investments. It is one of the largest investment firms to date, managing US$2.3 trillion worth of assets as of today. Unlike most other firms, however, Fidelity has taken a keen interest in cryptocurrencies. In fact, the company is even mining specific currencies, although not too many specifics have been shared at this time. Fidelity Investments Mines Cryptocurrency When it comes to bridging …
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Should Video Games Use Unutilized Computer Resources to Mine Cryptocurrency?

The topic of mining cryptocurrency using other people’s browsers has been met with a lot of opposition. That is only normal, as none of the platforms experimenting with such solutions have allowed users to opt out of mining. While it is understandable that new revenue models would be explored, using JavaScript to mine Monero or any other currency is invasive. Interestingly enough, the video game industry may eventually embrace a similar business …
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