TAEBAEK, Mar. 21 (Korea Bizwire) — A coal mining town is one of the facilities at the Taebaek Activity Park in Gangwon Province, which was opened in 2006 with an investment of 13 billion won (US$11.5 million) for the project. The Taebaek Activity Park consists of a field trip center and mining town. The field trip [...]
TAEBAEK, Mar. 14 (Korea Bizwire) — Jangseong-dong in Taebaek, Gangwon Province, once a bustling mining town now left abandoned, is returning as a testbed for urban regeneration. Various regeneration projects are being prepared at the old town to revive the local economy that once depended on the coal industry. Taebaek city officials flew out of [...]
ULSAN, Feb. 7 (Korea Bizwire) — A science and technology university has referred an expelled undergraduate from Indonesia to the immigration authorities on suspicion that the student used the university’s computer room to mine digital currencies, school officials said Thursday. The 22-year-old man entered the school in the southeastern city of Ulsan in 2014 and [...]
MONTREAL, Dec. 6 (Korea Bizwire) — Osisko Metals Incorporated (the “Company” or “Osisko Metals”) (TSX-V: OM; FRANKFURT: OB51) is pleased to announce an updated Inferred Mineral Resource Estimate (“MRE”) for its 100% owned Pine Point project, located near Hay River, in the Northwest Territories of Canada. The MRE was prepared by BBA Inc. and incorporates [...]
NEW YORK, Aug. 17 (Korea Bizwire) – Watts Miners, a company that develops and sells cutting edge cryptocurrency mining rigs equipped with ASIC chip technology, is pleased to announce that it has launched a line of mining rigs for BTC, ETH, LTC, DASH and XMR with unprecedented hash rates as a result of advanced ASIC [...]
NEW YORK, Aug. 8 (Korea Bizwire) – Watts Miners, the latest big name to enter the crypto mining space, has received an encouraging response from the cryptocurrency enthusiasts around the world. The company has recorded a sales volume in excess of $80 Million for the just concluded month of July. Watts Miners (www.wminers.com) is pleased [...]
NORTH CANTON, Ohio, Jul. 12 (Korea Bizwire) — Squirrels Research Labs today announced Acorn, a new hardware component that improves efficiency and effectiveness of cryptocurrency mining. “We developed a piece of hardware called Acorn that increases the effectiveness of existing GPU mining operations without adding a significant cost,” Squirrels president David Stanfill said. “This is [...]
TOKYO, Jul. 3 (Korea Bizwire) — GMO Internet Group (https://www.gmo.jp/en/) released the self-developed high-performance cryptocurrency mining computer (mining machine) GMO miner B3 today (Monday, July 2, 2018). The major characteristics of GMO miner B3 are that it has the maximum hash power of 33 TH/s as well as can adjust the hash power optimally up [...]
British Virgin Islands, Jun. 29 (Korea Bizwire) — Introducing Phoneum, the world’s first true mobile only mining platform. Phoneum has created a new, accessible mining model that leverages an untapped market, making cryptocurrency available to anyone with a smartphone. At last count, there are over 2.1 billion smart devices, in effect mini-computers, currently in circulation. [...]
TOKYO, May 23 (Korea Bizwire) — GMO Internet Group (https://www.gmo.jp/en/ ) will launch GMO miner (product name: GMO miner B2), which is our own high-performance computer for mining (mining machine), on Wednesday, June 6, 2018. We will mass-produce the world’s first mining machine equipped with a cutting-edge 7 nm* process based semiconductor chip (7 nm mining [...]