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Bitcoin Mining Amsterdam

Bitcoin Mining Hardware Cheap - Asic Bitcoin India, Buy Bitcoin With Cash Amsterdam, Ethereum Zero

Bitcoin Mining Hardware Cheap - Asic Bitcoin India, Buy Bitcoin With Cash Amsterdam, Ethereum Zero

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Mining Giant Bitmain Closes Down Amsterdam Facility Days After Exiting Texas

Mining Giant Bitmain Closes Down Amsterdam Facility Days After Exiting Texas

Mining Giant Bitmain Closes Down Amsterdam Facility Days After Exiting Texas China-based bitcoin mining giant Bitmain has reportedly closed its operations in Amsterdam, days after the ASIC chip maker allegedly laid off workers at a Texas mining center. In December, allegations surfaced indicating that Bitmain was planning to lay off nearly 50 percent of its workforce in the first few months of 2019. In November last year, Bitmain shut down its development center in Israel and laid-off all the employees including the firms vice president. At the time, the mining companys statement outlined what it called a focus on long-term projects. The latest decision to quit the Netherlands comes as the crypto market continues to grapple with the biting price crash that has seen bitcoin reach record lows since its all-time high in December 2017. Bitmain has been one of the hardest hit companies with bitcoin mining profitability having plummeted as BTC reached lows of $3,000. Redundancies meant to help long-term goals According to a statement attributed to the company, the adjustments to staff and operations are aimed at building a long-term, sustainable and scalable business. That focus apparently informed the firms decision to shut down the Amsterdam facility. The statement added: We are really focusing on things that are core to our mission and not things that are auxiliary. The Amsterdam office handled Bitmains operations and development programs on the firms BTC.com mining pool. A Bitmain spokesperson allegedly told Coindesk that even with this closure; the company would continue to hire the best talent from a diverse range of backgrounds. As noted earlier, Bitmains decision to close its operations in Israel was followed by reports that the company would be laying off up to half Continue reading >>

China Wants To Ban Bitcoin Mining

China Wants To Ban Bitcoin Mining

SHANGHAI/HONG KONG (Reuters) - Chinas state planner wants to eliminate bitcoin mining in the country, according to a draft list of industrial activities the agency is seeking to stop in a sign of growing government pressure on the cryptocurrency sector. China is the worlds largest market for computer hardware designed to mine bitcoin and other cryptocurrencies, even though such activities previously fell under a regulatory grey area. The National Development and Reform Commission (NDRC) said on Monday it was seeking public opinions on a revised list of industries it wants to encourage, restrict or eliminate. The list was first published in 2011. The draft for a revised list added cryptocurrency mining, including that of bitcoin, to more than 450 activities the NDRC said should be phased out as they did not adhere to relevant laws and regulations, were unsafe, wasted resources or polluted the environment. It did not stipulate a target date or plan for how to eliminate bitcoin mining, meaning that such activities should be phased out immediately, the document said. The public has until May 7 to comment on the draft. State-owned newspaper Securities Times said on Tuesday the draft list distinctly reflects the attitude of the countrys industrial policy toward the cryptocurrency industry. The NDRCs move is in line overall with Chinas desire to control different layers of the rapidly growing crypto industry, and does not yet signal a major shift in policy, said Jehan Chu, managing partner at blockchain investment firm Kenetic. I believe China simply wants to reboot the crypto industry into one that they have oversight on, the same approach they took with the Internet. Other bitcoin traders said they were not surprised by the governments move. Bitcoin mining wastes a lot of e Continue reading >>

Bitcoin Miner Kopen Amsterdam - Bitcoin Investment Strategy, Ethereum Address Type, Bitcoin Exchange Kiev

Bitcoin Miner Kopen Amsterdam - Bitcoin Investment Strategy, Ethereum Address Type, Bitcoin Exchange Kiev

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Bitcoin Mining News - Cointelegraph

Bitcoin Mining News - Cointelegraph

Bitcoin mining is the process by which new bitcoins are created and transactions are sent across the network. Both the people who engage in it and the devices that are used for mining are called "miners". In the process of mining, the miners' computers perform the so-called "hashing", producing proof-of-work - they take a series of randomly generated input data strings and apply a specific cryptographic function to it (SHA-256 in Bitcoin's case). The result of each calculation will always be the same "hash", unique to any particular input, but its exact value cannot be predicted until the actual calculation is performed. The network has an overall "target" value, and as soon as any miner gets a hash which is equal to or lower than the target, they get to register all the transactions which took place on the network since the last "hit", package them into a block, add it to the end of the Blockchain, and credit a specific amount of bitcoins to their own account (these bitcoins are created "out of nothing" to reward the miner for the time and electricity they spent on cracking hashes). Initially, any person could use their PC to download a Bitcoin client and start mining bitcoins. They still can, but by now it is economically infeasible, as the mining industry is dominated by ASICs - highly efficient machines developed specifically for the purpose of mining Bitcoin. Continue reading >>

Bitcoin (not So) Giant Bitmain Shutters Amsterdam Operations

Bitcoin (not So) Giant Bitmain Shutters Amsterdam Operations

Bitcoin (Not So) Giant Bitmain Shutters Amsterdam Operations Bitmain has flown too close to the Sun. The Beijing-headquartered Bitcoin mining giant, known for its production of crypto-centric ASICs, has lost another one of its facets in the extended bear market. On Monday, reports arose that Bitmain, once the most valuable cryptocurrency-centric company, has decided to close another of its overseas offices this time, in Amsterdam. Just weeks earlier, the firm, rumored to have garnered a private valuation of $15 billion , had its development office in Israel an up-and-coming global blockchain destination. Speaking to CoinDesk in a statement, a company spokesperson explained that while the Amsterdam location hasnt been shuttered, a closure is well underway. The anonymous representative didnt divulge when the shutdown would occur, nor how many staffers were situated in the office presumably Bitmains European headquarters. CoinDesk journalists purportedly determined that at least nine employees work at the office, and mainly center their efforts around running BTC.com, a leading mining pool that has seen its hegemony wane in recent months. Interestingly, Bitmain seems to be taking this shift in stride, with the aforementioned spokesperson telling the outlet: As we build a long-term, sustainable and scalable business, we are making adjustments to our staff and operationsWe are really focusing on things that are core to our mission and not things that are auxiliary. No more details were divulged regarding Bitmains mission, but it seems that the company is looking to focus its efforts on ASIC manufacturing and its artificial intelligence foray, rather than its in-house mining efforts, pool maintenance, and ventures of similar caliber. Alex Kruger, a leading crypto analyst rec Continue reading >>

More Layoffs: Bitcoin Mining Giant Bitmain Makes Cuts In Amsterdam & Texas

More Layoffs: Bitcoin Mining Giant Bitmain Makes Cuts In Amsterdam & Texas

More Layoffs: Bitcoin Mining Giant Bitmain Makes Cuts in Amsterdam & Texas Bitmains problems continue, as the worlds largest bitcoin mining firm has announced a fresh round of layoffs. Bitmain is rumored to have lost over $700 million in Q4 2018, and late last month reports broke out that the Chinese mining giant is set to fire 50% of its workforce. Later, the company shut down its Israeli branch and fired all of its employees. Meanwhile, Chinese media reported that Bitmain CEOs Jihan Wu and Micree Zhan are set to step down. Bitmains Texas Crypto Mine Comes to Halt According to a report from Texas Republic Radio , Bitmain has suspended its operations in Rockdale , a former coal-mining town located east of Austin. Announced last year, the Rockdale data center was set to become the largest cryptocurrency mining operation in the US. All of the firms employees, other than two engineers and the director of human relations, were fired. Bitmain spent millions of dollars in renovating the buildings and had nearly 7,000 to 8,000 miners out there already. An unhappy Milam County Judge Steve Young said: Im really disappointed because we had advertised this. We had waited for this. We had wanted this. We had welcomed this. This was huge, we need some positive news here. We need some jobs here. We need tax base here and this was a step in the right direction. Back in July 2018, when Bitmain made the announcement, bitcoin was trading at $8,000. Now it is less than half that price. The company had expected to invest $500 million in the facility and create 400 new jobs. The right-sized team at Rockdale now has the expertise to re-start the project at small scale anytime. Bitmain would like to ramp up the site at a slower pace and scale based on market conditions. Cheap electricity in Continue reading >>

Bitcoin Mining Giant Bitmain Lays Off Employees In Amsterdam & Texas

Bitcoin Mining Giant Bitmain Lays Off Employees In Amsterdam & Texas

Bitmains problems continue, as the worlds largest bitcoin mining firm has announced a fresh round of layoffs. Bitmain is rumored to have lost over $700 million in Q4 2018, and late last month reports broke out that the Chinese mining giant is set to fire 50% of its workforce. Later, the company shut down its Israeli branch and fired all of its employees. Meanwhile, Chinese media reported that Bitmain CEOs Jihan Wu and Micree Zhan are set to step down. Bitmains Texas Crypto Mine Comes to Halt According to a report from Texas Republic Radio , Bitmain has suspended its operations in Rockdale , a former coal-mining town located east of Austin. Announced last year, the Rockdale data center was set to become the largest cryptocurrency mining operation in the US. All of the firms employees, other than two engineers and the director of human relations, were fired. Bitmain spent millions of dollars in renovating the buildings and had nearly 7,000 to 8,000 miners out there already. An unhappy Milam County Judge Steve Young said: Im really disappointed because we had advertised this. We had waited for this. We had wanted this. We had welcomed this. This was huge, we need some positive news here. We need some jobs here. We need tax base here and this was a step in the right direction. Back in July 2018, when Bitmain made the announcement, bitcoin was trading at $8,000. Now it is less than half that price. The company had expected to invest $500 million in the facility and create 400 new jobs. The right-sized team at Rockdale now has the expertise to re-start the project at small scale anytime. Bitmain would like to ramp up the site at a slower pace and scale based on market conditions. Cheap electricity in Milam County and the industrial infrastructure at Alcoa property made it at Continue reading >>

China Wants To Destroy Wasteful Bitcoin Mining

China Wants To Destroy Wasteful Bitcoin Mining

China wants to destroy wasteful Bitcoin mining Are the days of China's dominanace numbered? China, one of the worlds most prominent blockchain and cryptocurrency forces, wants to put an end to wasteful Bitcoin BTC mining. The National Development and Reform Commission (NDRC) has added cryptocurrency mining to its latest list of industries it wants to restrict, or eliminate, Reuters reports . The list outlines activities the NDRC believes should be phased out as they lead to legal complications, pose safety risks, or wastefully pollute the environment. Bitcoin has often been criticized for its high energy use , it was previously reported that the mining network uses more electricity than 20 countries in Europe. That said, Bitcoin mining is actually driving green-energy innovation . While cryptocurrency mining might require large amounts of electricity, Bitcoiners often argue its not necessarily wasteful or polluting. No deadline has been set for when these industries should adhere to the directive. Activities should be phased out immediately, according to the document. The public have been given until May 7 to comment on the draft directive. China has had a tumultuous past when it comes to cryptocurrency and blockchain. Despite banning initial coin offerings (ICO) and security token offerings (STO), it has remained open to blockchain. The Asian country is expected to become a global super power in the technology by 2023, and currently has the most blockchain patents in the world. Last week, Chinese regulators published a list of the first 197 officially regulated blockchain companies. It included the likes of Alibaba, Tencent, and Baidu. Todays news only further demonstrates Chinas continued blockchain, not Bitcoin stance. Did you know? Hard Fork has its own stage at TN Continue reading >>

Bitcoin Embassy Amsterdam

Bitcoin Embassy Amsterdam

You are welcome every day from 12.00 - 22.00. Check all weekly activities below: Bitcoin Meetups At the Embassy you will find comprehensive and dependable knowledge relating to Bitcoin and the entire crypto-currency ecosystem. A place, for all walks of local and global community: inquirers, users, developers, start ups, investors, entrepreneurs, media etc. Our space can take up to 50 people. We have our Bitcoin Cafe where you can have tea or dutch coffee while you talk and share latest news from the decentralized digital currencies world. We have our Bitcoin Box Shop with all the gadgets and security products to protect your bitcoin. We have our Bitcoin Restaurant where you can eat great Argentinian steak while you are watching the sunset at our mining rig. Of course you can pay with BTC too. Everyone is invited, information is free, we are driven by openness and clarity. We are not a for profit organization, yet we serves as a facilitator/platform for bitcoin initiatives. We are official partner of the EMBASSY GLOBAL NETWORK.To The Moon! The Bitcoin Embassy aims to provide guidelines about compliance with European laws when dealing with crypto-currencies. We are the first bitcoin embassy that use multiSig wallet. Our funds are decentralized now. Spending can be only done when 3-of-5 sign a transaction. The Bitcoin Embassy Amsterdam is a location where the community and all the enthusiasts can meet and organize a variety of events and projects. You don't have to be a member to drop by and visit us to talk, ask questions and take part in all the activities. We have 8 tables for 50 people. You want to hang out at your own booked embassy table, become an Ambassador. If you are a coffee lover become a bitcoin embassy member and drink best coffee in the town, hungry the bes Continue reading >>

Blockchain Training In Amsterdam For Beginners-bitcoin Training-introductio...

Blockchain Training In Amsterdam For Beginners-bitcoin Training-introductio...

June 24, 2019 from 6:30-8:30 PM Local Time or US Pacific Time The course provides an overview of the Blockchain technology including its history, evolution and the future. Students learn about bitcoin, which is powered by blockchain technology, bitcoin mining, other cryptocurrencies such as Ethereum, Block, Hash, cryptography, how to develop a simple blockchain application. Anyone aspiring to learn new technology can take this the course. Students and professionals interested in a career in the blockchain technology should opt for the course. Programming knowledge is desired but not required. It would be nice if you already have knowledge of Python, JavaScript, NodeJS and ReactJS. Those who have no programming knowledge will still get a lot of value from taking this course just as a beginner would learn a lot from watching someone cooking a meal or changing a flat tire. After completing this Training, you should be able to: Understand the importance of Blockchain technology Perceive, how bitcoin transactions are validated by miners Create and use bitcoin account effectively Have a deep insight into bitcoin and its network Comprehend the cryptography and cryptocurrency concepts Learn Solidity: Prominent language to develop smart contracts Deploy your private blockchain on web where you can visually see your chains Discuss the compelling use-cases of the blockchain Assess, how blockchain can improve your business standards 100% refund can be applied if request is initiated 24 before the 1st course session If a class is rescheduled/cancelled by the organizer, registered students will be offered a credit towards any future course or a 100% refund. Continue reading >>

Bitmain Exits Amsterdam Citing Focus On Long-term Scalable Business Strategy

Bitmain Exits Amsterdam Citing Focus On Long-term Scalable Business Strategy

Bitmain Exits Amsterdam Citing Focus on Long-Term Scalable Business Strategy It remains unknown how many employees are affected by the latest closure in Amsterdam, which Bitmain has officially confirmed. Bitmains Amsterdam offices are next to go as part of a downsizing operation Cryptocurrency mining giant Bitmain Technologies has opted to reduce its operations in the Netherlands , the company said in a statement on Jan. 14. Bitmain, which in November announced the first in what has become a series of cost-saving measures by shutting down a blockchain development center in Israel , said the move was part of its longer-term roadmap. The company has reportedly suffered as a result of decreased profitability of Bitcoin mining in recent months, with Bitcoin (BTC) currently circling $3,600. As we build a long-term, sustainable and scalable business, we are making adjustments to our staff and operations. This includes the decision to close our Amsterdam and Israel offices, the statement reads, adding: We are really focusing on things that are core to our mission and not things that are auxiliary. Bitmain has not responded to Cointelegraphs request for further comment by press time. As Cointelegraph reported, the decision to leave Israel accompanied rumors Bitmain was planning much larger staff layoffs which could amount to over half its 2,500-strong workforce. The company has yet to confirm any rumors, while other sources have said its plans to conduct an initial public offering ( IPO ) are also in trouble due to regulatory uncertainty . A reported senior executive reshuffle is meanwhile seeing co-CEOs Jihan Wu and Micree Zhan Ketuan move to co-chair positions, with director of product engineering Wang Haichao purportedly set to fill the vacancy. Last week saw Bitmain furthe Continue reading >>

Bitcoin Wednesday Amsterdam

Bitcoin Wednesday Amsterdam

Hosted by PikaPay and Bitcoin Foundation N. The 3rd Annual Official CoinFest Celebration is on 4 April 2018 with a number of optional events* before the main program.RSVP without a ticket doesn't guarantee you a spot.Cruise*: 1500 - 1700 Cash bar, Bitcoin accepted.Dinner*: 1700 - 1900Network reception with live music*: 1700 - 1900Free admission. Cash bar, Bitcoin accepted.The conference program runs from 1900 - 2300!Limited tickets, please see instructions below.---SPEAKERSLivepeer's Chris Hobcroft on The Future of Decentralized BroadcastingChris will give a demo and present Livepeer's Ethereum-based infrastructure protocol for streaming video.CEO Peter Alfred-Adekeye on Cyberdefense for Bitcoin and Ethereum NodesPeter was once arrested for challenging the status quo. He persisted and is now expanding his efforts with a blockchain-based marketplace for IT products and services.Schulz, co-founder of TV-Two on Blockchain Tech for Our Living RoomPhilip will give us a demo of a blockchain-enabled decentralized television service that marries Ethereum smart contracts with an application for smart TVs. Capper, CFO of SymbiosesShawn will demo this new solution for decentralized cloud services and talk about its economics.Shoifot, Founding Partner of TMT CryptoFundIgor has created a $60 million investment fund for blockchain-driven startups. He will describe the mechanics of the fund and its token economics and reveal some of the secrets behind putting it together.CEO Valerian Bennet: Video with Smart ContractsValerian will give a live demo of The POP Network, basically, decentralized video distribution with Ethereum payment channels and WebTorrent P2P video streaming.Chair: Rik EsselinkRik was Session Chair for last year's CoinFest. He is MD Europe for one of the worlds faste Continue reading >>

House Of Nakamoto Opens In Amsterdam

House Of Nakamoto Opens In Amsterdam

The House of Nakamoto, an Austrian project helping newbies enter the cryptocurrency world, has recently opened a new store in Amsterdam. Residents and guests of one of the most bitcoin-friendly cities in Europe can now learn about electronic money, get a starter kit with a hardware wallet and load it with digital coins. Also read: Robinhood Crypto Expands to Three More States Store Offers Services for Cryptocurrency Beginners The Amsterdam branch of the House of Nakamoto serves as an information center, a retail store for cryptocurrency-related products, and even houses an improvised Bitcoin museum. Visitors can learn the basics of cryptocurrencies and receive advice from qualified consultants, the German outlet BTC Echo reports. They can also buy their first wallet and purchase some cryptocurrency, including bitcoin cash. The offered starter kit includes a booklet with a comprehensive but easy to understand introduction to Bitcoin, a hardware wallet from Ledger and a bitcoin gift card with 15 euros worth of digital cash. The company also sells what it calls bitcoin securities that look like paper wallets with a bitcoin address and the corresponding private key. The House of Nakamoto was established in early 2017 in Vienna , another popular European tourist destination. Its main store is located in a busy shopping area of the Austrian capital. Its advertised as a retail store for bitcoin, but the people behind the project say cryptocurrency enthusiasts and experts can use it to meet up and exchange views, ideas and knowledge. Both offices are equipped with cryptocurrency teller machines. The BATM in the store on 2 Fhrichgasse Street in Vienna is a buy-only device that supports bitcoin cash (BCH), bitcoin core (BTC), ethereum (ETH), dash (DASH), and litecoin (LTC) with Continue reading >>

Bitcoin Mining Colocation - Get Bitcoin Miner Hosting Rates And Prices - Quotecolo

Bitcoin Mining Colocation - Get Bitcoin Miner Hosting Rates And Prices - Quotecolo

Get Free Quotes for Bitcoin Mining Colocation Get Your Free Bitcoin Mining Colocation Quotes Now This field is for validation purposes and should be left unchanged. Bitcoin Mining Colocation: With the quickly changing price of Bitcoin and other crypto currencies, more and more Bitcoin colocation miners are looking for data center space. Data center colocation is a great option for miners because of the available on site power, cooling, rack space, security and Internet bandwidth. However, it is not that easy. The most well-known national data centers such as Equinix, Digital Realty Trust, Global Switch, DuPont Fabros, TierPoint, etc., do not want to deal with miners because of the power fluctuations, cooling requirements and their budget expectations. QuoteColo has been in business for 20+ years identifying the most cost effective and qualified data center colocation locations for our clients ranging from Fortune 500s to one man shops. Our service is free and if one of our providers wins your business, they pay us a simple referral fee. With the rising demand of cryptocurrency miners looking for high density power, advanced cooling and secure space, we have discovered several providers in the US, Canada and in the EU that we consider miner friendly. Best deals Q2 2019 (please keep in mind that we can offer host pricing on all types of ASIC and GPU rigs) Kuwait $69USD per S9, 100+ S9s $59USD (all in) Iran $39 to $54 per S9 (all in, pricing depends upon volume and payment options) Larger volumes of 500+ ASICs will receive better discounts USA & Canada 4 to 6.5 (pricing depends on MW, managed and unmanaged pricing available) With the existing price changing Crypto Currency market, ASIC hosting prices change on a daily basis based on volume, install time frame, etc. Please Continue reading >>

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