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Mining Giant Bitmain Confidentially Files for U.S.-Based IPO


According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement...

Why Bitcoin is the Best Coin to Mine and Still Makes for a Profitable Venture?


The evolution of the cryptocurrency concept has led to the development of a whole new ecosystem in today’s modern economy. Digital coins require several supporting technologies that include the likes of blockchain and the internet, among others. Also, the role played by the internet of things (IoT)...

Bitmain Aims to Build a 300MW Texas Mining Farm


The Beijing-based Bitmain Technologies and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas. The new mine aims to bolster Bitmain’s international expansion which will soon expand to 50MW of processing power and then extend the operation’s...

Bitcoin Cash Roundup: Adoption Stories and New Developments


Bitcoin Cash (BCH) adoption, development, and participation continue to spread as there’s been a myriad of BCH-related announcements in the last few weeks. Moreover, there’s now over 18 million bitcoin cash in circulation and only three million coins left to mine. Also read: Ethereum...

Video Shows $10M Chinese Bitcoin Mining Farm in Flames


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...

A Short History of the World’s Largest Bitcoin Mining Pools


Mining pools grow and shrink, and rise and fall altogether. Today there are more extinct mining pools than there are active ones. The hashpower of the survivors secures hundreds of PoW crypto networks, from major coins such as BTC and BCH to obscure altcoins such as monero classic...

Should a website work without JavaScript?


The JS Party podcast just had a fun episode where they debated this classic question by splitting into two groups of two. Each group was assigned a "side" of this debate, and then let loose to debate it. I don't think anybody can listen to a show like this and not be totally flooded with thoughts!...

In Future, Difficulty to Mine Bitcoin will Certainly Increase


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...

7 Unorthodox Ways to Mine Bitcoin


Bitcoin isn’t crazy – in fact it might just be the soundest monetary system this generation has ever known. Some of the techniques miners have devised to extract it, however, are extremely unorthodox, ranging from the ingenious to the downright crazy. Here are seven of the strangest...

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