Microsoft’s New Ethereum Blockchain Product Gets Rid of Mining

Software giant Microsoft has debuted a new Blockchain as a Service (BaaS) product that allows businesses across industry verticals to deploy a flexible instance of Ethereum tailored specifically for enterprise environments.Announced on Tuesday, Ethereum Proof-of-Authority on Azure allows enterprises to build applications on an Ethereum blockchain that is not secured by a Proof-of-Work (PoW)...

Mining Company Seeks $2 Billion in Largest Ever Bitcoin IPO

Canaan to Launch Biggest Bitcoin IPO Ever Canaan Inc. has announced it will launch an IPO in July with the goal to raise $2 billion in funds in what would be the largest Bitcoin-related IPO to date.Bejing based Canaan inc., the worlds second largest Bitcoin mining hardware supplier increased its overall profits seven...

Why Cryptocurrency Miners Are Trading Bitcoin Futures

Why Cryptocurrency Miners Are Trading Bitcoin Futures Bitcoin futures, which failed to generate the investor interest some had hoped for when CME Group Inc. and CBOE Global Markets Inc. first offered them in December, are finding support from an unlikely quarter – cryptocurrency miners, according to MarketWatch. Miners are using...

How Developers Are Turning Old Electronics into Bitcoin Mining Rigs

How Developers Like Ken Shirriff Are Making the Most Out of Old Electronics for Bitcoin Mining Whether you’re a talented developer who is new to bitcoin mining or an experienced miner looking to try something new, bitcoin mining on old computers can be a cool way to earn cryptocurrency. Ken...