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US Contract Miner Core Scientific Buys 17,600 Bitcoin Miners From Bitmain


U.S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc. The company is buying Bitmain’s next-generation bitcoin (BTC) miner, the Antminer S19, it said in a statement on June 29. The miners will...

Bitcoin Mining Difficulty Might Remain At Almost the Same Level


Bitcoin (BTC) mining difficulty is estimated to adjust tomorrow, offering a small change to miners following the highest adjustment in two years recorded two weeks ago. The next adjustment is expected to happen on Tuesday afternoon (UTC time). The next adjustment is expected in a day. Per...

Mining, Steel Giants Complete USD14m Blockchain-powered Iron Ore Trade


One of the world’s largest mining companies, BHP Group, says it has completed a USD 14 million blockchain-powered iron ore transaction with China’s Baosteel – one of the largest steelmaking firms on the planet. The move follows on from last month’s trade between the two companies that saw...

Bitcoin Mining Chip Manufacturer Ebang to List on Nasdaq This Week


On Friday, June 26, the China-based Zhejiang Ebang Communication, often referred to as Ebang, will be listed on Nasdaq, according to various reports. Ebang’s initial public offering (IPO) will be the second U.S.-based IPO for an ASIC mining manufacturer joining the company Canaan. The Ebang...

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