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Publicly-Listed Lottery Company to Buy $14.4M Worth of Bitcoin Mining Machines
13.1.2021
A U.S. listed Chinese sports lottery firm announced that it has entered into a purchase agreement to acquire bitcoin (BTC) mining machines. The deal involves the issuing of $14.4 million worth of 500.com Class A ordinary shares. Models Include S17, T17, M20s and S9 According to the announcement...
Compute North, Foundry Team Up to Target North American Bitcoin Miners
13.1.2021
The partnership is designed to lower the high cost of entry for would-be bitcoin miners
Bitcoin Miner Marathon to Raise $250M in Direct Stock Offering
13.1.2021
The Las Vegas company has agreed a direct offering of 12.5 million shares of common stock at at $20 per share
Central Washington Raises Concerns Over Possible Bitcoin Mining Boom
12.1.2021
A region in the Pacific Northwest of the United States is on high alert because of concerns about a possible invasion of bitcoin (BTC) miners. The state has previously experienced an influx of Chinese bitcoin miners, due to decreasing electricity prices. Bitcoin Bull-Run Could Revive Interest...
US-Listed Chinese Lottery Firm Plans $14.4M Move Into Bitcoin Mining
11.1.2021
Shares of the company traded up 11% on the news of the deal to purchase miners later this year
Bitcoin Miner Bit Digital Passes $1B Market Cap
11.1.2021
The company had a total value of $6.2 million a year ago
Russian Oil Giant Provides Excess Gas to Operations Powering Bitcoin Mining Devices
10.1.2021
The firm Gazpromneft, an oil subsidiary of the Russian natural gas and global energy company Gazprom, is giving bitcoin mining operations the chance to power operations by using excess gas for electricity. The Russian firm has allowed a small mining operation to benefit from the excess gas...
Bitcoin Miners Saw 33% Revenue Increase in December
9.1.2021
Miners earned an estimated $692 million last month
Bitcoin Mining Difficulty Hits Record High Amid Miner Revenue Surge
9.1.2021
Mining difficulty passed 20 trillion Saturday morning
Bitcoin Mining in 2021: Growth, Consolidation, Renewables, and Regulation
9.1.2021
Bitcoin (BTC) mining has had a couple of less profitable years. After the highs of late 2017 and early 2018, profitability declined by March 2020 to as little as USD 0.0693 per day for every 1 THash of mining power (having been USD 3.139 in January 2018).
However, with the bull market of late 2020...
Are Bitcoin miners bullish? BTC miners face biggest difficulty bump in 3 months
9.1.2021
The average amount of Bitcoin miners are selling continues to decrease gradually
Square Crypto Funds Bitcoin Developer to Improve Mining Pool Software
8.1.2021
Square Crypto’s latest grant will fund a developer’s work on software that could improve how mining collectives pool hash power
Cryptocurrency Miner Hive Blockchain Passes $1B Market Value
8.1.2021
Hive last had a $1b market value in November 2017
Bitcoin Mining Difficulty Set to Hit a New Peak, as Price & Hashrate Hit Theirs
8.1.2021
At the time bitcoin (BTC) price is breaking all-time highs, the mining difficulty is set to break its record tomorrow, while the hashrate has already surpassed its own.
Both buying and mining BTC has been getting tougher. Per the BTC.com, a major mining pool, estimates, mining may become the most...
Bitcoin Miners See Revenue Per TH/s Nearly Triple in 3 Months
7.1.2021
Mining revenue has reached its highest mark since early August 2019
Bitcoin Miner Bitfarms Closes $15M Brokered Private Placement
7.1.2021
Bitfarms announced the placement Sunday
Cryptocurrency Mining Firm Marathon’s Market Cap Passes $1B
6.1.2021
At the crypto market's 2017 peak, Marathon barely had a $50 million market capitalization
Iranian Authorities Close 1,620 Illegal Cryptocurrency Mining Farms: Report
6.1.2021
The illegal mining operations will be disconnected from the national power grid and the miners will face prosecution
Iran Shuts Down 1,620 Cryptocurrency Mining Farms
6.1.2021
Since Iran began recognizing cryptocurrency mining as an industry, it has reportedly shut down 1,620 unauthorized crypto mining farms. Crypto miners initially welcomed the recognition but later said that the electricity tariffs were too high. 1,620 Crypto Mining Farms Shut Down in Iran Iranian...
Canaan Launches Submerged Liquid-Cooled Bitcoin Miner, Noiseless Device Boasts 50 Terahash
5.1.2021
The publicly listed ASIC mining rig manufacturer, Canaan, has announced the launch of a new submerged liquid-cooled bitcoin miner called the Avalonminer A1066I. Canaan claims the new immersion cooling miner is noiseless and capable of significant overclocking, as the miner’s cooling system...