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Cryptocurrency Mining Firm Marathon’s Market Cap Passes $1B
6.1.2021
At the crypto market's 2017 peak, Marathon barely had a $50 million market capitalization
Iranian Authorities Close 1,620 Illegal Cryptocurrency Mining Farms: Report
6.1.2021
The illegal mining operations will be disconnected from the national power grid and the miners will face prosecution
Crypto Regulation Commences in Serbia: Trading, Mining Legalized
6.1.2021
Serbia has started regulating the crypto industry as the country’s law on digital assets has gone into effect. It requires cryptocurrency service providers to obtain a license and legalizes crypto activities, including trading and mining. Serbia Starts Regulating Cryptocurrency Serbia’s...
Iran Shuts Down 1,620 Cryptocurrency Mining Farms
6.1.2021
Since Iran began recognizing cryptocurrency mining as an industry, it has reportedly shut down 1,620 unauthorized crypto mining farms. Crypto miners initially welcomed the recognition but later said that the electricity tariffs were too high. 1,620 Crypto Mining Farms Shut Down in Iran Iranian...
Canaan releases liquid-cooled A1066I Bitcoin miner
5.1.2021
Canaan's new miner is natively cooled by immersion in liquid, promising better performance
Canaan Launches Submerged Liquid-Cooled Bitcoin Miner, Noiseless Device Boasts 50 Terahash
5.1.2021
The publicly listed ASIC mining rig manufacturer, Canaan, has announced the launch of a new submerged liquid-cooled bitcoin miner called the Avalonminer A1066I. Canaan claims the new immersion cooling miner is noiseless and capable of significant overclocking, as the miner’s cooling system...
Former Canaan Directors to Guide Chinese Gaming Firm’s Pivot to Crypto Mining
5.1.2021
Former directors of Canaan Inc. are investing in the Shanghai firm and will help launch its new mining subsidiary
Bitcoin Mining Machine Shortage Worsens as Bitmain Sells Out Through August
4.1.2021
Bitmain pre-sold over 3 months of inventory in December
Bitcoin Miner Marathon Patent Group Completes $200M Capital Raise
4.1.2021
Nasdaq-listed Marathon said it will use the funds to pay for recent hardware purchases from Bitmain and to expand its business
Record-Low Electricity Prices in Sweden Make It ‘a Lucrative Place’ to Mine Bitcoin, Says Report
1.1.2021
Bitcoin miners are finding the Nordic lands a profitable opportunity to boost their revenues due to a plunge in electricity prices at the cheapest levels than any other well-known places for crypto mining. Bitcoin Miners Could Find ‘Lucrative’ Opportunities in Norway and Sweden...
Chinese Miners Migrate to Nordic Regions, Mining Exec Says Hashrate Migration One of the ‘Biggest Developments’
31.12.2020
China has the largest concentration of bitcoin miners worldwide with estimates noting the country captures anywhere between 50-65% of the global hashrate. Xinjiang, the autonomous region of the People’s Republic of China, ostensibly accommodates 35% of the hashrate. This week a regional...
Did Bitcoin prove itself to be a reliable store of value in 2020? Experts answer
31.12.2020
Experts in blockchain technology and crypto take on the question of Bitcoin’s path throughout the year 2020
Bitcoin Mining Machine Maker Ebang to Launch Crypto Exchange in 2021; Shares Rise
31.12.2020
Bitcoin mining equipment maker Ebang announced Thursday it is preparing to officially launch a cryptocurrency exchange in the first quarter of 2021
Cover Protocol announces compensation plan following mining contract attack
31.12.2020
Cover Protocol will distribute new "coins" to token holders as Binance announces compensation for affected traders
Power-starved Abkhazians Face Internet Restrictions in Crypto Mining Crisis
31.12.2020
After months of power shortages leading to blackouts, brownouts, planned multi-hour electricity shutdowns and a blazing inferno at a power substation, citizens in Abkhazia are now set to be restricted in their internet activities as the government wages a confused war against crypto mining.
After...
Bitcoin Miners Earn Over $1 Million per Hour — Revenue Increases 185% Since the 2020 Halving
30.12.2020
Bitcoin miners have been yielding a very profitable year in monthly revenues, as the latest onchain data shows significant figures at its highest levels since 2019. Hourly Bitcoin Mining Revenues Hits 2019 Highs According to Glassnode, BTC miners are currently earning $1 million per hour, meaning...
All Major Mining Pools Now Support Taproot, Bitcoin’s Biggest Upgrade in Years
30.12.2020
Binance Pool represents 11% of Bitcoin’s mining hashrate. Adding it to the “yes” column pushes mining pool support for Taproot to about 91%
Russian Oil Drilling Giant Opens a Crypto Mining Farm Run on Gas Energy
30.12.2020
A unit of oil and gas giant Gazprom has opened a mining venue on an oil drilling site using gas produced as a byproduct to produce electricity
Publicly-Listed Bitcoin Mining Operations See Shares Skyrocket, Riot Blockchain Market Cap Reaches $1B
30.12.2020
While bitcoin’s value has captured new all-time price highs, a number of publicly listed bitcoin mining operations have seen significant profits. The U.S.-based firm Riot Blockchain’s market valuation recently obtained a $1 billion capitalization. Meanwhile, a number of other bitcoin...
Bitcoin mining: The next decade of sustainable crypto innovation begins today
29.12.2020
The crypto mining industry has had a phenomenal record of growth and innovation over the past decade, but this is just the beginning