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Why Bitcoin Mining Might Be the New Business Model for US Power Plants
5.3.2020
South Korea gets legal recognition for crypto, New York power plant mines BTC and the end of the intranet era for enterprise blockchain?
$65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining Operation
5.3.2020
On Thursday, a natural gas-based power plant in Dresden, New York, Greenidge Generation LLC, revealed the energy provider has the capacity to mine around $50,000 worth of bitcoins (5.5 BTC) every day. The 65,000 square-foot natural gas utility plant was upgraded when the firm installed 7,000...
New York Power Plant Mines $50,000 of Bitcoin a Day
5.3.2020
A power plant in New York’s Finger Lakes region now mines about $50,000 of Bitcoin each day using the electricity it produces
Investors Sue Bitcoin Mining Giant Canaan; Shares Crashed 48% in 3 Months
5.3.2020
A securities class action lawsuit has already been filed against the second-largest producer of Bitcoin (BTC) mining equipment, China-based Canaan (CAN). Meanwhile, the price of its shares dropped by almost 50% since the trading begun in November.
In their press release, investor rights law firm...
Bitcoin’s Computing Power Is Growing Again After Coronavirus-Related Disruption
4.3.2020
The bitcoin network’s processing power is growing again as major Chinese miner manufacturers resume shipments following coronavirus-related delays
Bitcoin Mining Investment Strong – BTC Hashrate Surpasses All-Time High
2.3.2020
On Monday, March 2, miners processing blocks on the BTC network surpassed the network’s all-time high as the overall hashrate touched 136 exahash (EH/s). The record-breaking achievement happened despite the price of BTC dropping below the $9K region throughout the course of the last week....
Analyst Claims 98% of Mining Rigs Fail to Verify Transactions
1.3.2020
Digiconomist’s founder has claimed the power expended in a single BTC transaction could power a British household for two months
Peter Thiel-Backed Startup Says Texas Is the Best Place to Mine Bitcoin
29.2.2020
Layer1 is not the only mining company to launch flagship facilities in Texas, with Bitmain and Northern Bitcoin vying for their Texas-based operations to be the largest worldwide
Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit
27.2.2020
On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110 trillion hashes per second (TH/s). The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster...
World’s Top Crypto Miners Race to Roll Out Top-of-Line Machines Ahead of Bitcoin Halving
27.2.2020
Bitcoin miner manufacturers Bitmain and MicroBT are racing to bring top-of-the-line machines to market ahead of bitcoin's halving event
Bitcoin Mining Difficulty Slips For the First Time in 2020 + More News
26.2.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Mining news
After five consecutive increases, the Bitcoin mining difficulty dropped by 0.38% on February 25, and is estimated...
Riot’s Stock Dips 5% as It Focuses on Bitcoin Mining Ahead of Halving
21.2.2020
Nasdaq-listed Riot Blockchain plans to sell its new crypto exchange business to focus on Bitcoin mining about three months ahead of the halving event
Riot Blockchain Plans Sale of Crypto Exchange as It Invests More Millions in Bitcoin Mining
21.2.2020
The Nasdaq-listed company is installing thousands of new Antminer devices from Bitmain at its Oklahoma facility
Fidelity Is Still Looking for Bitcoin Mining Engineers
20.2.2020
Fidelity is looking to expand its Bitcoin mining staff
US Bitcoin Miner Aims to Repatriate 30% of Hash Rate Citing National Security
20.2.2020
New US Bitcoin mining outfit Layer1 has launched operations and aims to ‘repatriate’ 30% of the hash rate for the sake of ‘national security’
How to Mine Bitcoin in 2020
19.2.2020
Bitcoin mining is a great way to earn cryptocurrency while providing a valuable service to the global network of users. Miners can set up a hardware operation by themselves or join forces with a large venture via cloud mining. If you are looking to enter this field in 2020, here is what you need...
Bitmain’s Market Dominance Challenged by MicroBT
18.2.2020
The Bitcoin mining unit manufacturer rapidly expanded its market share in 2019
Bitcoin Mining Unit Manufacturer MicroBT Nibbles at Bitmain’s Market Share
17.2.2020
Bitcoin miner maker MicroBT rapidly expanded market share by selling over half a million units in 2019, chipping away at rival Bitmain's dominance
Iran Concerns May Be Driving Trump Administration’s Talk of New Crypto Rules
13.2.2020
Tensions with Iran may be behind U.S. Treasury Secretary Steven Mnuchin’s cryptocurrency compliance comments on Wednesday
Bitcoin Miner Canaan’s Shares Valued at $8.04 After Surging 80%
13.2.2020
The first major bitcoin miner to go public on the US stock market rebounded slightly after a drop in the fourth quarter