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Bitcoin Mining Farms Are Flourishing on the Ruins of Soviet Industry in Siberia
1.9.2019
Favorable energy prices and a naturally cold climate are turning Siberia into an international hub for bitcoin miners
Bitcoin Miners Made $14 Billion to Date Securing the Network
30.8.2019
Fresh data reveals that Bitcoin miners have generated $14 billion in revenue to date
Cryptocurrency Mining Firm Argo Blockchain Increases its Hashrate
27.8.2019
Cryptocurrency mining firm Argo Blockchain increases its hashrate as the company stock price soars
In Future, Difficulty to Mine Bitcoin will Certainly Increase
26.8.2019
In recent news, Bitmain, Bitcoin (BTC) mining giant, is planning to increase its mining capacity by 50% in the following six months on the back of a large hardware order, said by a close source to the deal. “Based on this calculation, after half a year, Bitmain’s total network computing power will...
Bitmain Valuation to Hit $12B With New 600K Chip Order, Source Says
23.8.2019
Bitmain goes all out with giant 600,000 chip order
Bitcoin Hash Rate ‘Not Affected’ as China Floods Knock Out Miners
21.8.2019
Bitcoin shakes off new miner outages after China floods
Bitcoin Miners Halt Operations as Rainstorm Triggers Mudslides in China
21.8.2019
A severe rainstorm in China's southwest has led to fatal mudslides, causing some local hydropower plants and bitcoin miners to halt operations
Max Keiser: New Bitcoin Network Hash Rate High Suggests Price Is Next
20.8.2019
The Bitcoin hash rate hits a new record at 82.5 TH/s
Electricity Theft for Bitcoin Mining Imposes Loss of $25 Million in Malaysia
16.8.2019
Bitcoin Mining is a power-intensive activity, and it consumes a lot of electricity. A report by Cambridge last month showed that Bitcoin consumes more electricity than the entire country of Switzerland. While the cost involved is huge, it can be devastating to electricity manufacturers...
Congressional Research Service Finds Potential Blockchain Uses for Energy Sector
12.8.2019
Congressional researchers detailed the current state of energy consumption related to cryptocurrency mining and potential regulations for the energy-intensive process
Bitcoin Mining Industry’s Exponential Growth Just Won’t Stop
11.8.2019
A decade ago when Satoshi Nakamoto unleashed the Bitcoin network, the security behind the protocol was guarded by only a few miners. These days, mining the SHA-256 algorithm has become a thriving industry that hasn’t stopped growing. Also Read: Exploring the SLP Token Universe Built on...
Fidelity Joins Blockstream’s New Institutional Bitcoin Mining Service
9.8.2019
Beefed up Blockstream mining services include Fidelity as an early customer
Blockstream Announces Bitcoin Mining Colocation and Pool
9.8.2019
Blockstream, a leading blockchain technology enterprise based in Canada, has unveiled Blockstream Mining, a mining colocation service, along with the mining pool. The company made an official announcement of their latest product launch through a blog post published on 8th August 2019. As per...
Blockstream Launches Bitcoin Mining Farm With Fidelity as Early Customer
9.8.2019
Blockstream is further stepping into bitcoin mining with the Fidelity Center for Applied Technology and LinkedIn founder Reid Hoffman as customers
Bitcoin Hash Rate Hits a Whopping 80 Quintillion for the First Time
8.8.2019
Fresh Bitcoin network record as hash rate hits 80 quintillion
Malaysian Electric Utility Raids 33 Illicit Bitcoin Mining Facilities
7.8.2019
Major Malaysian electric utility Tenaga Nasional Bhd has fallen victim to an illegal cryptocurrency mining operation, which resulted in a $760,736 loss
From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful
6.8.2019
Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. On July 31, Russia’s...
Man Takes Bitcoin Miner Seller to Tribunal Over Electricity Bill and Wins
6.8.2019
A Malta-based seller of bitcoin mining machines is in hot water after failing to refund a customer who complained over high power bills
Computing Power of Bitcoin Establishes New Record with 100K+ Miners Online
5.8.2019
The aggregate computing power that goes into securing the blockchain of bitcoin has established a fresh record. As per the data released by BTC.com, a mining service operator, the average hash rate for bitcoin mining has hit 71.43 quintillion EH/s (hashes per second) over the period of the past...
Bitcoin Miner Maker Canaan Confidentially Files for IPO in US: Report
31.7.2019
Canaan Creative, the major bitcoin miner manufacturer, has confidentially filed for an IPO in the U.S., say IFRAsia sources