Livepeer Prepares to Unlock New Way for GPU Miners to Earn Crypto

By the end of this year, GPU miners could have a fresh new way to earn crypto without any opportunity cost. Decentralized video-streaming startup Livepeer debuted its Streamflow testnet on Tuesday, and miners and developers are working with the company to test video transcoding using idle chips already built into graphics processing units (GPUs). “The […]

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WATCH: Inside a Siberian Crypto Mining Complex

  In Siberia, cheap hydropower, cold climate, and abandoned Soviet industrial infrastructure has made the region of Irkutsk an attractive spot for urban explorers and, more importantly, crypto miners. In the city of Bratsk lies one of the largest hydropower plants in Russia. The massive dam and generator feeds the region’s growing mining farms. Cheap electricity […]

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Bitcoin Mining Farms Are Flourishing on the Ruins of Soviet Industry in Siberia

The Takeaway: Russia’s abandoned Soviet-era factories are enjoying a second life as cryptocurrency mining facilities. Siberia’s big hydropower plants (another legacy of the USSR) have lured miners with cheap electricity. The favorable energy prices and naturally cold climate are turning Siberia into an international mining hub with miners from Europe, Asia and the U.S. placing […]

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Blockstream Launches Bitcoin Mining Farm With Fidelity as Early Customer

Blockstream has launched a colocation mining service and already counts the Fidelity Center for Applied Technology and LinkedIn founder Reid Hoffman as customers. On Thursday, the bitcoin and blockchain technology firm announced a new mining wing, Blockstream Mining, along with a BetterHash-based mining pool, Blockstream Pool. Led by cryptographer Dr. Adam Back, Blockstream is best known […]

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