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Canadian Regulator Publishes New Mining Supply Rules

The power regulator of the Canadian province of Quebec has developed new mining regulations. The rules mean the additional volume of the electric power for mining and toughening of the requirements for the mining companies working in the region.

Chines authorities to eliminate mining in the country

The document which actually prohibits cryptomining in the country has been submitted by the national development and reform commission (NDRC). It is said that the financing of the industry should be reduced since it is power-intensive and pollutes the environment; the electricity prices for mining companies could be raised by the electricity providers.

Bitmain release 3 times more powerful Antminer Z11

Bitmain has released Antminer Z11 for mining of the confidential digital currency Zcash by the company. The vendor reports in the press release that the device has 3 times more hash power than the previous model Antminer Z9. The main purpose of the equipment is mining of the digital assets created on the basis of the algorithm Equihash.

Slush Pool Upgrades Mining Equipment for Zcash

Крупнейший майнинг-пул Slush объявил о модернизации своих мощностей, а также расширению деятельности. В настоящее время майнинговый пул занят в генерации криптовалюты Zcash.

The Administration of Quebec Ceased to Give Permissions for the Deployment of Mining Centers

The Canadian territory with very loyal electricity prices - Mecca for mining. The administration of Quebec vetoed the issuance of permits for the production of crypto currencies, until a new tariff scale for hydropower generation for the production of digital coins on an industrial scale is developed. Additionally, the state body Hydro Quebec, which is the fourth largest supplier of electricity in the world, is going to cut production capacity to 500 mW.