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Bitcoin Mining Difficulty Drops While BTC Slips Below USD 10K Again
7.9.2020
Source: Adobe/Татьяна Палладина
Following a month of rising Bitcoin (BTC) mining difficulty, the first adjustment in September saw the difficulty drop - though it still remains at the second-highest level in the network's history.
Bitcoin mining difficulty, or the measure of how hard it is...
Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak
3.9.2020
Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2.4 million during the second quarter of 2020, down from $5.6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid...
‘We’re getting paid to produce Bitcoins’ reveals Texas BTC miner
2.9.2020
Layer1's plan to sell excess power back to Texans has resulted in 700% profits
Bitcoin Miners Saw 23% Revenue Increase in August
1.9.2020
Miners generated an estimated $368 million in August
Protection Over Profit: What Early Mining Patterns Suggest About Bitcoin’s Inventor
31.8.2020
Researchers believe Bitcoin’s creator probably used specialized mining software in the coin’s early days to protect the new network – not to profit from it
Canaan’s Q2 Loss Narrows to $2.4M From Q1 on 160% Revenue Increase
31.8.2020
Canaan shares are down 23% in August
Mysterious Bitcoin mining pattern potentially solved after seven years
31.8.2020
We may not know who Satoshi Nakamoto was, but at least this is one mystery we think we can solve
Mining rig manufacturer Canaan announces narrowing net loss in Q2 results
31.8.2020
A vastly improved gross margin on sales contributed to a reduction in net loss of over 90% compared to figures from a year ago
Geopolitical risks prevail as new players emerge in the crypto mining space
28.8.2020
China is not the only country that wants control of this highly coveted industry
Energy Giant Equinor to Cut Gas Flaring With Bitcoin Mining Tie-Up: Report
28.8.2020
Equinor will use digital flare mitigation tech from Crusoe Energy at its Bakken oilfield operations in the U.S
Digital Currency Group Pledges $100 Million to Bolster Bitcoin Mining Industry
28.8.2020
The firm Digital Currency Group (DCG) is entering the mining industry, as the firm has pledged $100 million into a cryptocurrency mining firm called Foundry. The mining company Foundry was noiselessly founded in 2019 and it aims to offer capital, consulting, and intelligence to digital assets...
Bitmain, Ebang Among 21 Bitcoin Mining Farms Stripped of Energy Perks in Inner Mongolia
28.8.2020
Affected mining centers in the area may see a notable increase in electricity costs
Miners’ Bitcoin Holdings Reach Two-Year High to Almost 2M
27.8.2020
The recent upward trend began in September 2019
DCG to Invest $100M in Bitcoin Mining Venture
27.8.2020
Blockchain investment firm Digital Currency Group has branched into the bitcoin mining industry though a subsidiary called Foundry
Capturing Petahash: Marathon Obtains 3,300 Bitcoin Mining Rigs, Acquires Fastblock for $22 Million
27.8.2020
The Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, has announced it will be purchasing Fastblock Mining in an all stock transaction. The firm’s letter of intent revealed Marathon will acquire Fastblock for around $22 million. The company will obtain 3,304 ASIC bitcoin...
Marathon to Buy Fastblock Mining for About $22M in Stock
26.8.2020
The company gains 3,304 ASIC miners through the merger
Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners
26.8.2020
Regional reports say that officials from Inner Mongolia delineated 21 bitcoin mines, as the region plans to stop subsidized electrical rates for certain data firms. Unless the bitcoin mining facilities pack up and migrate, mining farms may see an electrical price increase by one third. The Chinese...
Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021
25.8.2020
Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17.7 million. In a blog post, the Chinese crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight...
What death spiral? Bitcoin mining difficulty rises by 9% since halving
25.8.2020
Bitcoin mining difficulty has risen by 9% since the May 11 halving, demonstrating that the ecosystem remains healthy despite post-halving miner capitulation fears
Bitmain inks $18M Bitcoin mining rig sale with Riot Blockchain
25.8.2020
The giant continues to give a boost to its prime product despite recent shipments issues