Mining Archives | Be Korea-savvy

Home / Posts tagged Mining

International Directional Services and Veracio Announce Strategic Partnership to Advance Drilling and Downhole Technologies in North America

WATSONVILLE, Calif. and SALT LAKE CITY, Dec. 06, 2023 (Korea Bizwire) – International Directional Services (IDS), a Granite Company (NYSE:GVA) and Veracio, a leading mining technology company, today announce a partnership to offer Veracio’s complete suite of driller-operated tooling to IDS’ clients. Veracio is making significant steps toward leveraging advanced geological technologies to enhance the mining lifecycle. While IDS and [...]

The Solution to Simple Crypto Mining is Here

HELSINKI, Finland, May 5 (Korea Bizwire) — Dual Miners (www.dualminers.com/) have crossed the $45million USD mark on orders and pre-sales. The newly introduced mining rigs by Dual Miners have surpassed what we currently have in the cryptocurrency market. The reason is not farfetched; with this innovation, they have made mining distinct and simple. What makes it even [...]

Bitdeer Group Showcases Diversity with New Filecoin Mining Option

SINGAPORE, Oct. 27 (Korea Bizwire) — Bitdeer Group, the world’s leading digital mining services provider, has developed an all-inclusive range of products and services to fit customer needs — no matter their scale, and experience level. As part of this diversification effort, Bitdeer Group is excited to announce that one of its business lines, Bitdeer, [...]

Bitdeer Group’s Minerplus Releases MiningOS for Efficient and Secure Cryptocurrency Mining

SINGAPORE, Oct. 26 (Korea Bizwire) — Bitdeer Group’s Minerplus has developed and released a beta version of MiningOS, a new piece of GPU mining firmware for secure and high-yield digital asset mining, to an exclusive group of pilot users. MiningOS is part of a lineup of tools offered by Minerplus to mining projects of various [...]

Employee at State-run Cultural Facility Caught Mining Cryptocurrency at Work

SEOUL, June 9 (Korea Bizwire) — An employee of the Seoul Arts Center was caught mining cryptocurrency at work, the government-run cultural facility said Tuesday. It was discovered that one of center’s employees installed and operated cryptocurrency mining equipment in a basement room of the center’s Seoul Calligraphy Art Museum. After installing two ethereum miners [...]

Study Blames Gov’t Policy for Devastated Mining Regions

JEONGSEON/TAEBAEK, Feb. 19 (Korea Bizwire) — The dismantling of South Korea’s once flourishing mining regions was caused not by the decline of the coal industry, but by government policy that targeted the early shutdown of mines and a rapid reduction in coal output, research showed Thursday. According to a study commissioned by Jeongseon County in [...]

ISW Holdings Initializes Production of 1MW Proceso S19 Pod5ive Data Center Design for Shipment to 100-Megawatt Bit5ive Project

LAS VEGAS, July 29 (Korea Bizwire) — via NetworkWire — ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, is thrilled to announce its finalization of the new Proceso S19 Pod5ive data center design, which is capable of powering 1MW of computing mining power. Bit5ive is targeting the [...]

‘Smart Mining’ Operations Coming Next Year

SEOUL, Jan. 7 (Korea Bizwire) — Smart mining, which makes mining work unmanned and automated, will be introduced as a test for transportation work next year. The Ministry of Trade, Industry and Energy said Sunday that it has finalized its Third Basic Mining Plan that includes such details. The application period is from this year [...]

BitHarp Launches the Most Profitable Mining Rigs in the Market

WELLINGTON, New Zealand, Sept. 12 (Korea Bizwire) — A distinguished manufacturer of cryptocurrencies, BitHarp Group Limited www.BitHarp.com is delighted to announce the launch of two new high-performance liquid mining rigs capable of delivering excellent usage capabilities and unprecedented profit making potential. With high hash rate and low power consumption, the two rigs named Lyre Miner [...]

Mice Star in Jeongseon Mine Art Project

JEONGSEON, Aug. 29 (Korea Bizwire) — Jeongseon County in Gangwon Province, home to an abandoned mining town, has been reborn as an exhibition space for artwork. The county’s urban renewal support center carried out a “one-pyong art” project to install artworks by utilizing topographical features in an alley on 650 Street. The artworks are based [...]