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Fidelity International Doubles Stake in Bitcoin Mining Firm Hut 8
13.7.2020
Billion-dollar fund manager Fidelity International is betting big on rebounding fortunes for the listed bitcoin miner Hut 8
Bitcoin Mining Difficulty Sets New Record High 2 Months After Halving
13.7.2020
Two months after the network's halving event, it's harder than ever to mine bitcoin
Bitcoin Mining Difficulty Set For New All-Time High. What Comes Next?
10.7.2020
A crypto mining farm. Miners' machines seem to be on and hard at work as mining Bitcoin (BTC) is about to get more difficult - reaching a brand new all-time high, thus increasing operational costs to mine the coin. Two industry players weighed in on what might come next.
Bitcoin mining...
Romanian Programmer Admits Conspiring to Create $722M Bitclub Ponzi Scheme
10.7.2020
A Romanian man admitted Thursday to conspiring to engage in wire fraud and selling unregistered securities linked to Bitclub Network, a cryptocurrency mining Ponzi scheme worth at least $722 million. Silviu Catalin Balaci, 35, a Romanian citizen appeared before U.S. District Judge Claire C. Cecchi....
Kazakhstan Sets Eyes on Top-3 Spot for Global Bitcoin Mining
10.7.2020
The post-Soviet country’s cheap electricity has been attracting Bitcoin miners, but will it manage to elbow out Russia and the United States?
Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police Extortion
9.7.2020
The Venezuelan military has seized 315 Bitmain Antminer S9 bitcoin mining rigs it claims are not properly registered to operate in the country. Although cryptocurrency mining is legal in Venezuela, miners say they have been unfairly treated, citing illegal seizures of mining equipment and police...
Bitcoin Miner Maker Canaan Drops 3 Directors in Possible Boardroom Coup
9.7.2020
Sources speaking to Chinese media said a dispute at Canaan Creative has led to a power grab by now-Executive Director Nangeng Zhang
BTC Rush: High Prospects for Bitcoin Price as Mining Investments Boom
9.7.2020
Fresh investments into mining equipment by smaller companies signals an optimistic outlook for the future of Bitcoin
Venezuelan Authorities Seize Over 300 Bitcoin Mining Machines
8.7.2020
Venezuelan authorities confiscated 315 Bitcoin mining systems
Venezuelan Soldiers Stop Truck Full of Antminer 9 Bitcoin Mining Rigs
8.7.2020
The intercepted truck. Source: Twitter/@GNB_CZBolivar
The Venezuelan military says it has intercepted a truck full of 315 cryptocurrency mining rigs.
Per a tweet from the army’s official account, which also posted photos of the Chevrolet 350 truck – and its illegal cargo – the driver was unable...
Iran Gives Crypto Miners One Month to Register With the State
6.7.2020
The government wants to "eliminate the confusion of cryptocurrency activists" with its call for mass mining registration
Multibillion Investor Doubles Down on Bitcoin Mining
3.7.2020
US-based multibillion investment manager Horizon Kinetics (HK) just doubled down on its Bitcoin (BTC) mining strategy.
After tripling the number of miners it hosts with Core Scientific (CS), a US-based blockchain hosting provider, HK has now agreed to upgrade the miners to the Antminer S19 and...
Mining Company Ebang’s Stock Listed on Nasdaq Down 11%, Firm Plans to Launch Offshore Exchange
3.7.2020
The bitcoin ASIC mining rig manufacturer, Ebang International Holdings, was recently listed on Nasdaq last Friday on June 26. Ebang is now the second mining rig manufacturer to have a U.S. initial public offering (IPO) by selling company shares. Since the initial sale on opening day, Ebang’s...
Bitcoin's Current Price Impacted By Miners? It's Possible, Analytics Company Says
2.7.2020
Bitcoin’s recent price action could relate to miner selling
Bitcoin Miners Saw 23% Revenue Drop in June
2.7.2020
Bitcoin mining revenue dropped 23% in June to approximately $380 million
Bitcoin’s Mining Difficulty Has Rarely Been This Static in a Decade
1.7.2020
Bitcoin's mining difficulty just posted the smallest percentage change in 10 years
Bitcoin Miner Hut 8 to Add 275 PH/s of Mining Capacity With $8.3M Capital Raise
1.7.2020
Hut 8 Mining Corp. has raised $8.3 million from the sale of 6% of its shares to investors. The Canadian bitcoin miner originally intended to raise $7.5 million from the sale, but it was oversubscribed. Totonto Stock Exchange-listed Hut 8 issued about 5.8 million “units” at a price...
Bitcoin’s 5% Drop in Value Puts Pressure on BTC Mining Operations and Older ASIC Rigs
1.7.2020
During the last seven days, the price of bitcoin has dropped 4.8% from a high of $9,700 on June 24, to a low of $8,965 on June 27. Since then the price has increased and the price per bitcoin is back above the $9k zone but much lower than before. The lower price has affected […]
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Bitcoin Mining Difficulty Might Remain At Almost the Same Level
29.6.2020
Bitcoin (BTC) mining difficulty is estimated to adjust tomorrow, offering a small change to miners following the highest adjustment in two years recorded two weeks ago.
The next adjustment is expected to happen on Tuesday afternoon (UTC time). The next adjustment is expected in a day. Per...
Chinese Bitcoin Mining Giant Ebang Is Launching an Offshore Exchange
29.6.2020
Ebang, the world's second-largest producer of bitcoin mining equipment, hopes an exchange could double total revenue by 2022