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Layer1 Secures $50M from Peter Thiel, Others to Mine Crypto in Texas
15.10.2019
Layer1 has raised $50 million from industry stakeholders including PayPal co-founder Peter Thiel and early stage investor Shasta Ventures
Peter Thiel Backs $200 Million Valuation for Renewable Bitcoin Mining in the US
15.10.2019
A vertically integrated startup has raised $30 million to bring bitcoin mining back to the U.S
Next Bitcoin Halving Could Squeeze out Retail Miners, But Jury’s Split on Price
15.10.2019
Bitcoin halvings normally result in price increases. Maybe not this time
Next Bitcoin Halving May Not Lead to Bull Market, Says Bitmain CEO
12.10.2019
Jihan Wu, CEO of mining giant Bitmain, believes the next Bitcoin block reward
4 New High-Powered Bitcoin Miners Revealed
12.10.2019
Bitmain Technologies and Canaan Creative have announced new mining rigs that process roughly 58-73 terahash per second (TH/s). Sources also reveal that Canaan’s initial public offering (IPO) could be listed in the U.S. next month. Also Read: Mining Firm Canaan Creative Secures Hundreds...
Chinese Mining Giant Canaan to Go Public in US in November: Sources
11.10.2019
Chinese crypto mining giant Canaan Creative plans to be listed as a publicly traded company in the U.S. in November 2019, sources say
Virginia Beach-based Bcause Mining Operation is Ordered to Get Liquidated
10.10.2019
BCause Mining LLC, involved in Bitcoin mining operations and situated in the city of Virginia Beach in the United States, has been subjected to liquidation. The news has been confirmed by an Attorney of BCause who clarified that the firm’s operations have come to a halt. The local news outlet...
Virginia Bitcoin Mining Operation Ordered to Liquidate Assets
10.10.2019
A Bitcoin mining operation in the city of Virginia Beach was ordered to liquidate its assets by a federal judge
Bitmain Announces Two New ASIC Cryptocurrency Mining Rigs
9.10.2019
Leading ASIC miner producer Bitmain announced two new series 17 Bitcoin mining machines
Bitcoin Mining: An Evolution from CPU to ASIC
4.10.2019
To a newcomer, the cryptocurrency market might seem like any other industry and some might even be intimidated by it. Scarcely would anyone believe that it is only 10 years old. In 2008, it was just a hobby for some scholarly enthusiasts motivated probably by ideals like breaking free from...
Innosilicon’s Bitcoin Mining Farm Catches Fire Leading to Loss of Nearly $10 Million
2.10.2019
The early morning hours of September 30, 2019, shocked the crypto world to the core with the outbreak of the devastating news of a major fire breakout. A nine-minute long video circulated on Twitter by bitcoin miner, Marshall Long showed the burning down of a large bitcoin farm in China....
Video Shows $10M Chinese Bitcoin Mining Farm in Flames
1.10.2019
During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic...
Russian Nuclear Scientist Gets $7,000 Fine for Mining Bitcoin at Work
1.10.2019
The engineer at a top-secret nuclear lab, along with two colleagues, had accessed the plant's supercomputer to mine bitcoin
$10M Mining Farm Fire Takes Blame as Bitcoin Hash Rate Wobbles
1.10.2019
Reported mining fire victim Innosilicon keeps quiet about potential $10M loss
Iranian Bitcoiners Risk Fines, Jail Time as Government Regulates Mining
27.9.2019
As mining regulations loom, Iranian bitcoiners are stuck in compliance purgatory – facing fines and even jail
What Crash? Bitcoin Hash Rate Doubles in 24 Hours Despite Price Drop
27.9.2019
Bitcoin hash rate crash was a red herring, charts now say
Clues to Explain Yesterday’s Bitcoin Hash Rate Flash Crash
25.9.2019
Cointelegraph examines different explanations for the Bitcoin network’s sudden loss of hashing power earlier this week
WATCH: Inside a Siberian Crypto Mining Complex
25.9.2019
CoinDesk On Location goes deep inside a Siberian crypto mining factory situated near a remote hydroelectric plant
Bitcoin Network Hash Rate Mysteriously Flash Crashes by 40%
24.9.2019
An unexplained plummet in Bitcoin’s hash rate occurred yesterday, with a stark, if fleeting, 40% drop in mining on the network
Kyrgyzstan Cuts Off Power to 45 Crypto Miners for Overconsumption
20.9.2019
Kyrgyzstan cuts off power to 45 crypto mining firms as they consumed more energy than three local regions combined