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Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak
3.9.2020
Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2.4 million during the second quarter of 2020, down from $5.6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid...
Market Wrap: Bitcoin Falls to $11.1K; Ethereum Miners at Record Fee Percentage
2.9.2020
The bitcoin market went bearish as the price dipped while DeFi fees as a percentage of revenue for Ethereum miners is at an all-time high
Researchers are calling this new malware a triple threat for crypto users
2.9.2020
The surrounding threat level is low, but there are fears it could increase
Kazakhstan on track for $700M crypto mining investment goal, says minister
2.9.2020
A Kazakh minister claimed that there are already preliminary agreements on attracting more than $700 investment for cryptocurrency mining
Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners
2.9.2020
In mid-August officials from the Chinese province of Sichuan approved a number of enterprises that mine bitcoin for legal hydropower consumption in the region. Following the local government of Ya’an city deciding to foster mining, officials from Chengdu recently spoke about welcoming crypto...
‘We’re getting paid to produce Bitcoins’ reveals Texas BTC miner
2.9.2020
Layer1's plan to sell excess power back to Texans has resulted in 700% profits
Bitcoin Miners Saw 23% Revenue Increase in August
1.9.2020
Miners generated an estimated $368 million in August
Using a DeFi protocol now costs more than $50 as Ethereum fees skyrocket
1.9.2020
The situation is eerily reminiscent of December 2017
Tron Soars as Genesis Mining of New SUN Tokens is Confirmed
1.9.2020
As Justin Sun’s plan of driving more decentralized finance (DeFi) projects to the Tron blockchain moves one step forward, Tron’s native token TRX stands out as one of today’s top performers in the crypto market.
As of 9:00 UTC today, TRX was up by nearly 14.5% over the past 24 hours, trading at...
Malaysian Authorities Arrest Crypto Miners for $600K Power Theft
1.9.2020
The two crypto mining operations stole almost $20,000 in electricity monthly
Protection Over Profit: What Early Mining Patterns Suggest About Bitcoin’s Inventor
31.8.2020
Researchers believe Bitcoin’s creator probably used specialized mining software in the coin’s early days to protect the new network – not to profit from it
Canaan’s Q2 Loss Narrows to $2.4M From Q1 on 160% Revenue Increase
31.8.2020
Canaan shares are down 23% in August
Mysterious Bitcoin mining pattern potentially solved after seven years
31.8.2020
We may not know who Satoshi Nakamoto was, but at least this is one mystery we think we can solve
Mining rig manufacturer Canaan announces narrowing net loss in Q2 results
31.8.2020
A vastly improved gross margin on sales contributed to a reduction in net loss of over 90% compared to figures from a year ago
Russia’s Crypto Mining Farms Would Have to Report to Government Under Proposed Bill
31.8.2020
Russian wants all data centers, including mining farms, to report what they do and how they operate. Local experts say that brings risk
Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified
30.8.2020
Beleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caused the reorganization of over 7,000 blocks and this corresponds to approximately two days of mining. At the time of reporting, it was not clear if there had been any double-spending...
Geopolitical risks prevail as new players emerge in the crypto mining space
28.8.2020
China is not the only country that wants control of this highly coveted industry
Charles Hoskinson's IOHK submitted a decentralized treasury proposal to the Ethereum Classic Community
28.8.2020
Would a 20% block reward reduction matter in the long run?
Energy Giant Equinor to Cut Gas Flaring With Bitcoin Mining Tie-Up: Report
28.8.2020
Equinor will use digital flare mitigation tech from Crusoe Energy at its Bakken oilfield operations in the U.S
Digital Currency Group Pledges $100 Million to Bolster Bitcoin Mining Industry
28.8.2020
The firm Digital Currency Group (DCG) is entering the mining industry, as the firm has pledged $100 million into a cryptocurrency mining firm called Foundry. The mining company Foundry was noiselessly founded in 2019 and it aims to offer capital, consulting, and intelligence to digital assets...