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In the latest announcement from KnCMiner, a Bitcoin mining manufacturer, the company has announced the start of its cloud hosted mining program and data center in Sweden. The mining company also announced updates to its upcoming scrypt miner which will allow over three times the...

Mining hardware company, Butterfly Labs (BFL), has been hit with almost 300 complaints via the Federal Trade Commission (FTC) in just 18 months, as per documents received by Ars. The complaints against BFL accuse the firm of fraud and failing to deliver products to customers on...

A Saskatchewan bitcoin company has been ordered to cease trading for its possible violation of local province laws. Yesterday, the province’s Financial and Consumer Affairs Authority stated that the order had been issued against Dominion Bitcoin Mining Company. Saskatchewan...

Glenn Beck stated during the second half of the broadcast of his radio show on May 5, 2014 that he “would absolutely invest in bitcoin.” Calling it “completely untraditional” and “intriguing”, Beck reveals his interest in the digital currency. Glenn Beck “is a politically...

It has gotten pretty hard to mine for Bitcoin since the difficulty rate increases around every two weeks. To make matters worse, some mining hardware companies have failed to deliver products to their customers, which has resulted in a series of lawsuits for certain companies....

Hackers compromised servers containing social security numbers of around 30,000 Iowa State University students in order to get enough power to mine for Bitcoin. The university released a statement saying that even though this occurred, there is no evidence that the personal...

Two professors from New York University’s Law Schoool and Stern School of Business are planning graduate-level bitcoin mining courses for the fall 2014 semester. The courses are designed to evaluate the value of bitcoin and what impact it has on the economy. NYU Bitcoin...

Mining for bitcoin at one point in time was very easy and did not require much electricity or that much computer power. As the digital currency is becoming more widespread, mining for the coins is also becoming difficult. Much energy and proficient computers with well-equipped...

ASIC mining hardware manufacturer HashFast Technologies LLC and HashFast LLC, are in heaps of trouble after failing to satisfy its customers. A court in Texas has allowed a temporary restraining order to freeze the mining hardware maker’s Bitcoin wallets. Temporary Restraining...

Red Harbinger, a boutique PC company, has created the first computer case for mining Bitcoin. The case is called Dopamine and it is specially designed to mine for cryptocurrencies. How is Dopamine Different? Dopamine is different than regular PC cases in a few different ways. One...