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Marathon Purchases 10,000 Bitcoin Miners, Machines Will Max Out 100 Megawatt Montana Facility
10.12.2020
On December 9, the Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, announced the firm is purchasing 10,000 Antminer S-19j Pro units from the Chinese mining manufacturer Bitmain. According to Marathon, after the acquisition of next-generation bitcoin miners, the company will have...
OKEx Bitcoin Mining Pool Shows Signs of Life After Precipitous Hashrate Drop
9.12.2020
The troubled bitcoin mining pool is up 181 PH/s from its 18 PH/s lows in November
Venezuela Pays for Imports From Iran and Turkey With Bitcoin to Evade Sanctions
9.12.2020
Venezuela is reportedly paying companies in allied countries, including Iran and Turkey, with bitcoin to mitigate the effects of U.S. sanctions on its economy. The Venezuelan government is also planning to increase bitcoin usage now that it has a dedicated cryptocurrency mining center. Venezuela...
Bitfury to Sell Its 38% Stake in Bitcoin Miner Hut 8
9.12.2020
Bitfury current holds 37.2 million shares of Hut 8
Crypto Mining Crisis in Abkhazia Worsens After Power Substation Caught Fire
9.12.2020
The crypto mining crisis in Abkhazia is closely reaching its boiling point following the burnout of a power substation amid the refusal of both illegal and legal crypto miners to slow down their operations in the state. Crypto Mining Crisis Abkhazia Keeps Worsening Sputnik Abkhazia has reported...
Secondary Mining Markets Surge Amid ASIC Manufacturing Delays
8.12.2020
Miners are “scrambling” for any available machines as manufacturers stay sold out
Bitcoin price short-term pullback is very possible for 4 key reasons
8.12.2020
Bitcoin price is hovering around $19,000 again after a sharp intraday drop. There are four reasons BTC is primed for a further pullback
Square to Support Greener Bitcoin Mining as Part of Zero-Carbon Pledge
8.12.2020
Square will dedicate $10 million to the development of clean bitcoin mining technologies
Jack Dorsey's Square commits $10M to green energy for Bitcoin mining
8.12.2020
The new Bitcoin Clean Energy Investment Initiative will aim to make mining more eco-friendly
Nimera Swap Offers DeFi Exchange Platform With Low Fees and Support for Any Blockchain
8.12.2020
The Defi revolution has brought about a new world of opportunities for crypto investors, but major improvements are still needed in the current ecosystem. For example, the most popular coin swapping service today is dependent on ethererum and its ridiculously high gas prices. Nimera Swap offers...
Power Substation Burns out as Abkhazia Bitcoin Mining Woes Worsen
8.12.2020
Abkhazia’s crypto mining-related mayhem is hitting melting point – literally – with a power substation overheating and finally burning with legit and illegal miners alike refusing to slow down their efforts.
As previously reported, anarchic scenes have become commonplace in the de facto South...
Clocking Terahash: Three Next-Generation Bitcoin Mining Rigs Launched During the Last Quarter
8.12.2020
Just recently, the China-based bitcoin mining rig manufacturer Microbt released a new ASIC device that clocks up to 112 terahash per second (TH/s). The new machine is one of the top-performing mining rigs on the market, according to today’s network difficulty and electrical rates below $0.06...
Blockchain Bites: $187M Blockchain Bond, $522M BTC Mining Revenue and ‘Ethereum-First’ Institutional Investors
7.12.2020
Singapore is funding blockchain R&D. Germany's second-largest stock exchange's crypto app saw $1.21 billion in trading volumes this year. Grayscale is seeing a growing number of "Ethereum-first" institutional buyers
Bit Digital Completes $13.9M Deal for New Mining Machines
7.12.2020
The company acquired nearly 18,000 new ASICs in an all-stock transaction
Bitcoin Miners Saw 48% Revenue Increase in November
6.12.2020
Nearly 11% of revenue came from fees, down slightly from October
Bitcoin’s Rise Causes Shortage of Mining Rigs, Most Units Sold Out, Miners Concerned About Supply
5.12.2020
While the bitcoin economy has swelled in value, the overall network hashrate has gradually climbed higher as miners are making a lot of money confirming blocks. However, obtaining bitcoin mining rigs isn’t so easy these days, and regional reports from China indicate a great number of ASIC...
Argo Reports 23% Monthly Revenue Increase, With 2,369 Bitcoin Mined Since January
4.12.2020
Bitcoin miner Argo Blockchain reported Thursday that revenue climbed 23% to £1.48 million ($1.98 million) in November compared to £1.2 million ($1.6 million) the previous month. ● The London Stock Exchange-listed firm mined less bitcoin (BTC) in November (115 BTC) than it did...
A Pakistani Provincial Government Passes Crypto-Friendly Draft Resolution
4.12.2020
In Pakistan, a provincial government has passed a draft resolution on December 2, 2020, that demands the federal government to take steps towards legalizing both cryptocurrencies and crypto-mining activities. A Crypto-Friendly Draft Resolution Approval Sets a Precedent in Pakistan The Provincial...
One of Pakistan's four provinces urges federal gov't to legalize crypto
4.12.2020
The draft resolution reportedly notes that digital currencies are likely to replace paper currencies in the future
Aave's Second Version, New Bitcoin Mining Pool in North America + More News
3.12.2020
Bitcoin mining rigs. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
DeFi news
Decentralized finance (DeFi) platform Aave has announced today that Aave V2 is live on mainnet. The new version...