Gold Mining To Crypto Currencies Mining ?

 

Gold Mining To Crypto Currencies Mining ?

Here a surprising news from Canada as Canadian mining guru Frank Giustra has started mining bitcoin and other Crypto Currencies instead of just gold. A Vancouver Blockchain company is giving venture capital to Frank, company name called Hive Technologies Inc. Frank to take care or oversee these mining operations and with this company will also offer first-ever mining stock options. This commercial association shows an excitement as everyone is encouraged for Crypto Currencies mining.

Market Value Enhanced

Due To Crypto mining News The company will be guided by Frank Giustra due to that factor & first publicly traded stocks exposure due to crypto mining news has enabled company to has an enhanced market value of $443 million. Hive’s CEO, Harry Pokrandt, highlighted how unique company is in the space because they have moved upwards around 633%. Which is a tremendous news.

Giustra bring company into the spotlight via his previous credentials as he was the founder of Lions Gate Entertainment Corp.and Goldcorp Inc. Bill Clinton and George Soros are very close to him. Now company is planning a stake in data center in Iceland. Hope to see bright future prospects in industry.

Caught Red Handed Mining Of Bitcoin

Caught Red Handed Mining Of Bitcoin

The Chairperson Alexander Akshatin – Anti-Corruption Committee of the Republic of Crimea , last week at a press conference Mentioned  in Sevastopol that two government employees of the Crimean Council of Ministers were caught red handed while conducting mining of bitcoin using government infrastructure like computers etc, RIA Novosti reported told that One of the Information Technology Head department and the other members of the department like Head – hardware and also technical support. Both were immediately  dismissed. They had bad intentions as malicious software on the server of the Crimean government was found, Entire technical team was involved which opened access to the information stored on it. More than a dozen computers in the building were also used for the same.

Government Officials Fired For Mining Bitcoin

Two of the government officials of the Crimean Council of Ministers were fired for mining bitcoin using government computers and infrastructure. Later after the inspection done it was reported that they installed “malicious software” on the government’s server and programmed over a dozen computers for the mining of bitcoin. According to Alexei Moiseev Hon.President Mr.Putin’s internet as well Dmitry Marinichev also proposed allowing the use of cryptocurrencies in Crimea. Based on statement of Lenta – He said in the month of February the establishment of cryptocurrency exchanges in Crimea would attract new investors. Deputy Finance Minister too suggested using digital currencies to enhance tourism in region from than Russia was working on a bill to regulate cryptocurrencies. The bill was about to introduced last month, but it was somehow delayed due to a lack of consensus. Looking at  Financial Stability in a meeting held last week and headed by First Deputy Prime Minister Hon Igor Shuvalov, the government authorities has decided to postpone their plans to regulate cryptocurrencies for next year.