Browsing Tag

mining

China may be considering cryptocurrency mining as an undesirable economic activity, according to a document published this week. The text published by the National Development and Reform Commission of China (NDRC) included a preliminary proposal for the prohibition of cryptocurrency mining such as…
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Ecuador consolidates its mining investments

The Ministry of Energy and Non-renewable Natural Resources of Ecuador released a statement that underlines that "the normal development of mining activities in the country will consolidate the sector and attract investment." The deputy…

Sunacrip will seize unregistered mining equipment

Through the Official Gazette N ° 41.575 a resolution was published authorizing the National Superintendence of Cryptoactives and Related Activities (Sunacrip) to confiscate unregistered mining equipment. This is part of the Constituent…

Intel wants to make mining more efficient

The cryptocurrency mining industry is going through one of its most critical stages in terms of increasing the difficulty of mining and high energy prices, aspects that have turned the business into something very unprofitable. That is why…

Nvidia shares fell on the market

After the decline in the purchase of cryptocurrency miners, the company Nvidia Corporation announced to its investors that their shares suffered a fall in the market. As indicated in its quarterly report, the company has about a billion…