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This Company Sets Out to Prove Crypto Mining Has a Place in Your Home


Hotmine, a company based in Ukraine which engineers home appliances for crypto enthusiasts, is not new to mining equipment development. But sometimes it takes the right time and the right technology to be able to create and offer solutions that consumers would be willing to buy and use. Thanks...

Is Bitcoin Mining hazardous to the Environment?


The enormous consumption of electrical energy in the mining of Bitcoin has been a burning issue of debates over the past few years. Bitcoin was invented in 2008 by Satoshi Nakamoto when the world was going through the dark cloud of the financial crisis. The financial catastrophe in 2007–2008...

Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas


The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all around the world....

Bitmain Responds to Layoff Rumors From Ousted Co-Founder Zahn


Ousted Bitmain co-founder Micree Zahn took to Weibo on Monday to speak out against a reported Bitmain “personnel optimization plan” which could purportedly see around 500 Bitmain workers dismissed by January 17. Chinese media broke the story last week citing inside sources at...

Chipmaking Giant Samsung Reveals 3nm Semiconductor Prototype


In mid-December, Intel revealed that the company expects to design 2nm and 1.4 nm semiconductors by 2029. During the same timeframe, regional sources reported Canaan and Bitmain will reveal new mining rigs this year equipped with TSMC-based 5nm chips. Now, competition is growing stronger as Samsung...

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