Sarah ChenFinance
Bitcoin Tests $80,000 Level as IREN Beats Sales Targets
Mining operator IREN exceeded revenue forecasts while the largest digital asset climbed toward an unprecedented threshold.
Tag
mining
Every story tagged mining on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged mining
11 stories in this topic
Minjun ParkFinance
Singapore Firm Partners China’s The9 for Cloud Crypto Mining
Singapore Myanmar Investco (SMI) will develop a cryptocurrency cloud-mining platform with The9, according to a memorandum of understanding signed by the two sides. The mining business is expected to be launched in the fourth quarter of the year, subject to…
Minjun ParkFinance
Beijing’s Crypto Crackdown Sends Mining Abroad
Cryptocurrency miners in China are shifting their operations to other markets abroad following Beijing’s latest crackdown. A committee from China’s State Council announced on Friday that it would crack down on crypto, specifically naming Bitcoin as a major…
Wei ZhangFinance
Bitcoin Mining Billionaire Ousts Co-Founder
A power struggle at the world’s largest crypto mining start-up has resulted in the surprise ouster of one of its co-founders. Beijing-based Bitmain Technologies has fired co-founder and executive director Micree Zhan Ketuan, according to an internal memo sent…
Sarah ChenLiving
Vietnam eyes green power, not to sacrifice environment for growth
The government Thursday reaffirmed Vietnam’s desire for a greener energy mix amid the risk of a power deficiency. Environment-friendly coal- and gas-fueled and renewable power plants would make up the mix. While Vietnam faces “obvious risks of an energy…
Wei ZhangLiving
Gas Malaysia ups natural gas tariff
Gas Malaysia Bhd has announced a higher average effective natural gas tariff for the non-power sector in Peninsular Malaysia at RM32.92 per MMBtu, which is 0.7% higher than the current RM32.69 per MMBtu. The revision will be effective from Jan 1, 2019 to June…
Maria SantosFinance
Korea’s manufacturing and mining shipments up 7 percent
Korea’s manufacturing and mining industry shipments increased in 2017, mainly due to growth in the electronics, refined petroleum and machinery sectors, a government report showed on Tuesday. Combined shipments by companies in the sectors with more than 10…
Wei ZhangLiving
Indonesia to Sell $4b in Bonds to Fund Freeport Purchase
State-owned mining holding company Indonesia Asahan Aluminium, better known as Inalum, sold bonds worth $4 billion in its first-ever US dollar bond deal on Thursday to fund the acquisition of a majority stake in the Grasberg copper mine in Papua. The deal…
Minjun ParkResearch
Why Bitcoin Mining Is A Vital Aspect Of This Popular Cryptocurrency?
Many people have heard about the term Bitcoin floating around, but fail to understand properly what it is. This article looks at what Bitcoin is, and dissects one of the most important processes associated with this cryptocurrency – Bitcoin mining. Bitcoin –…
Maria SantosGeneral
Australia Eyes Indonesian Mining and Tourism
Head Of the Indonesian Investment Coordinating Board (BKPM), Thomas Trikasih Lembong, predicted that Australia’s investment in Indonesia could increase up to USD 3 billion (around Rp 40 trillion) throughout the next three to five years. Most of Australia’s…
Wei ZhangGeneral
Indonesia, Australia Cooperates on Mining Gold, Copper
National mining company PT. Aneka Tambang (ANTAM) and Australian mining company Newcrest Mining Ltd. are building a partnership in order to explore gold and copper potential in Indonesia. A statement released by the Australian Embassy on Sunday, November 6,…