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Bitcoin Miners Reveal Concerns Over Mining Rig Shipment Delays and Bitcoin Halving
15.4.2020
The cryptocurrency market rout in mid-March, which saw bitcoin’s price slide significantly in value, has strained bitcoin mining operations by slashing considerable revenue from the block rewards. Moreover, shipping delays from mining manufacturers have caused uncertainty and mining...
Manufacturers Mark Down Bitcoin Miners as Price Drop, Halving Change Calculus
3.4.2020
Last month’s bitcoin price crash has prompted manufacturers to sell their mining devices at discounts as steep as 20 percent ahead of the May halving
Blockchain Expo Tokyo Series Set to Take Business Scene by Storm
10.3.2020
Taking place April 1 – 3, Japan’s premier blockchain exposition, Blockchain Expo Tokyo, will feature industry-leading speakers including CEOs, academics, and government officials. The exhibition floor will be packed with companies from various industries, with each focusing on harnessing the power...
Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners
21.2.2020
During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining...
Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World
16.2.2020
ATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400 new devices added in January, the global total is now closing on the 7,000 mark. The sector has seen exponential growth in the past three years. Also...
German Economy in Risk of Recession Amid Weak Demand, Tariff Threat, and Epidemic
8.2.2020
Germany, the economic powerhouse of Europe, is facing renewed challenges that may soon push it towards recession. Falling industrial production and dwindling factory orders are the prime cause of concern. The negative results have been announced on the backdrop of weak demand from Eurozone...
Coronavirus Outbreak Forces Chinese Crypto ASIC Manufacturers to Delay Orders
3.2.2020
Bitcoin mining rig deliveries from China are delayed due to the coronavirus according to a few Chinese manufacturers. Microbt and Ebang sent notices to customers via the firm’s Wechat channels. Sources say Bitmain and Innosilicon are delaying mining device shipments as well. Also read: How...
Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump
10.1.2020
On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U.S. shares. Canaan shares initially sold for $8.99, but plummeted over 48% on December 16 to $4.65 per share. Since then, Canaan has launched a series of five...
Bitmain and Canaan to Reveal 5nm Bitcoin Mining Chips in 2020
27.12.2019
Two of the largest bitcoin mining chip manufacturers have plans to equip their products with 5nm chips in the near future. Just recently, China-based manufacturer Bitmain purportedly produced the world’s first 5nm test-grade bitcoin mining chip and more efficient mining rigs will see mass...
HashCash to Trace Mineral Supply Chain From Congo For Car Manufacturers
19.11.2019
HashCash Consultants partners with a group of car and battery manufacturers to develop a blockchain-based supply chain network to track mineral origins
Russian Manufacturers Want to Sell Arms ‘using BTC or Stablecoins’
26.7.2019
Soyuzmash, a body of Russian military and civilian vehicle makers wants the country’s Central Bank to grant it permission to accept cryptocurrency payments in international arms deals – as an attempt to circumvent sanctions. Soyuzmash’s proposal has the backing of the parliament’s defense...
Japanese Manufacturers Enter Blockchain-Backed Data Sharing Arrangement
19.6.2019
Overseen by the Industrial Value Chain Initiative, the new blockchain project will connect 100 large and small Japanese manufacturers to share information