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Fund Manager Warns Bitcoin Is Pointless and ‘a Particularly Vile Asset Class’
15.3.2021
Tim Bond, a portfolio manager at Odey Asset Management, has warned that bitcoin is pointless, calling the cryptocurrency “a particularly vile asset class.” He claims that bitcoin has no real social utility other than as a tool for speculation and a means to launder the proceeds...
Bitcoin miner sell-off fears as Puell Multiple nears ‘red zone’ last seen at 2017 peak
12.3.2021
A return to the peak of the 2017 bull market could signal “major macro highs” for Bitcoin, but this time, institutions are here, says analyst Philip Swift
‘Existential threat’ to Bitcoin-investing companies from carbon fallout
10.3.2021
Asset managers are warning industry giants like Tesla and PayPal that investing in energy-intensive assets like Bitcoin could diminish their popularity among investors
Bitmain accused of illegally poaching engineers by officials in Taiwan
9.3.2021
Bitcoin miner maker Bitmain is reportedly in hot water in Taiwan amid the backdrop of the ongoing U.S.-China tech tussle
Argo Blockchain buys 320 acre land plot in Texas to expand mining operations
8.3.2021
The acquisition will provide Argo with access to up to additional 200MW of cheap and renewable electrical power
Is Bitcoin a Ponzi scheme? Pick your side in the latest Cointelegraph Crypto Duel!
5.3.2021
Kraken Bitcoin strategist Pierre Rochard debates professor of computer science Jorge Stolfi on whether Bitcoin meets the definition of a Ponzi scheme
$2 Billion Merger: Bitcoin Miner Cipher Going Public Backed by Fidelity and Morgan Stanley
5.3.2021
Cipher Mining, a bitcoin mining operation of Bitfury, has announced that it is going public via a merger with a special purpose acquisition company (SPAC). The deal values the combined company at $2 billion, with funding from investors such as Morgan Stanley and Fidelity. Cipher Mining Technologies...
Iran Lends Plans to Engage in Bitcoin Mining To Avoid International Sanctions
5.3.2021
The Iranian Center for Strategic Studies has released a detailed report highlighting the urgency for the state to venture into cryptocurrency. The exclusive report emphasizes the need for cryptocurrency adoption and setting up mining in the region to boost revenue generation. The strategy thinktank...
Bitfury's US Bitcoin mining subsidiary to go public via $2B SPAC merger
5.3.2021
Bitcoin mining firms, even the newly-established ones, seem to be increasingly pursuing public listings
A peek into the Bitcoin miner’s 2020: Interview with BTC.top’s Jiang Zhuoer
5.3.2021
Miners are making bank amid the price rally as manufacturers struggle to produce chips
Argo Blockchain CEO becomes first publicly-traded company exec paid in Bitcoin
4.3.2021
The crypto miner CEO makes Bitcoin history by being the first exec of a publicly-traded company to take their full salary in Bitcoin
Australian green energy Bitcoin mining firm doubles pre-IPO funding round
3.3.2021
Iris Energy has upped its target for its second-IPO funding round
Bitfarms set to acquire 48,000 new miners in 2022 despite chip shortage
3.3.2021
Chinese supplier MicroBT will be providing the new hardware over the next two years
Bitfarms Purchases 48,000 Bitcoin Miners, Plans to Increase Hashpower by 5 Exahash
3.3.2021
The publicly listed Canadian bitcoin mining operation Bitfarms has announced the firm is purchasing 48,000 Microbt Whatsminer mining rigs in order to expand capacity. Bitfarms highlights the acquisition of new miners will up the company’s hashpower by approximately 5 exahash per second...
China’s Inner Mongolia Plans to Shut Down Bitcoin Mining Operations by April This Year
2.3.2021
Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April 2021, as part of efforts to improve energy efficiency. Regulating the Electrical Consumption in Inner Mongolia The government of Inner Mongolia will also stop...
China’s Inner Mongolia to shut down crypto mining farms by April 2021
1.3.2021
Inner Mongolia drew the ire of Beijing after failing to meet energy efficiency goals
China’s Bitcoin Mining Rig Manufacturers Pressed by Demand, Advance Orders, Devices Sold Out
26.2.2021
A regional report from China indicates that bitcoin mining rig manufacturers have seen a massive surge in demand since the price of the leading crypto asset skyrocketed. Companies such as Canaan Creative have placed significantly sized mining rig orders while other companies like Bitmain...
Report: Bitcoin Mining Firm Northern Data AG Plans for a $500 Million IPO
24.2.2021
While the public prepares for the upcoming Coinbase public offering, the mining firm Northern Data AG is reportedly planning to go public as well. Sources say that the mining business is in talks with Credit Suisse Group to launch an initial public offering (IPO) in the United States. Report:...
Bitcoin mining likely didn't contribute to Texas' power outages, says expert
23.2.2021
Kristy-Leigh Minehan said the state doesn't currently have enough mining infrastructure to cause significant problems for the power supply
Bitcoin mining operator Northern Data reportedly considering $500M IPO
23.2.2021
Swiss investment bank Credit Suisse is reportedly backing German Bitcoin mining operator Northern Data in its $500 million IPO