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GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion
18.9.2020
California-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp. in a deal worth $40 billion. Nvidia, which specializes in making hardware for video game consoles and the crypto mining sector, said in a press release that it would pay Softbank a combination...
This crypto mining operator was named Bitmain’s sole North American cooperative repair center
17.9.2020
North America now has its own Bitmain repair center
Iran’s crypto mines could be used to help fund car imports
14.9.2020
It seems that the private sector is not satisfied with the country’s local fiat money
Bitcoin hashrate remains strong during monsoon season
11.9.2020
Mining operations in China were not adversely affected by the heavy rains
Court Denies Bitmain $30M in Damages From Co-Founders of Rival Poolin
9.9.2020
A court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of mining pool rival Poolin
'Struggling' Bitcoin sets a new all-time hashrate record, breaking the 150 TH/s plateau for the first time
8.9.2020
"In Bitcoin we trust", say miners unfazed by the market
Bitcoin Mining Equipment Maker Canaan Sets $10M Buyback Program
8.9.2020
The board of directors of bitcoin mining manufacturer Canaan approved a buyback program Monday for its lagging shares
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