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Bitcoin Miner Marathon Eyes Profitability Boost Through Joint Venture with US Power Provider
13.10.2020
The joint venture will see Marathon co-locate a bitcoin mining facility within Beowulf's Big Horn Data Hub at its 105-megawatt power station in Hardin, Montana
Bitcoin Miner Maker Ebang Narrows First Half Loss To $7 Million, as Covid-19 Hit Demand
29.9.2020
Ebang International Holdings Inc., the Chinese maker of bitcoin mining hardware, reported a net loss of $6.96 million during the first six months of this year, down from $19.07 million a year ago, as demand fell due to the coronavirus pandemic. Revenue plunged 51% to $11.04 million from $22.35...
Bitcoin Miner Producer Ebang Blames Coronavirus for 50% Slump in Revenue
28.9.2020
Nasdaq-listed bitcoin miner manufacturer Ebang said the pandemic had disrupted its supply chain and led to a significant drop in revenue
MicroBT Sets Up First Offshore Bitcoin Miner Factory to Expand US Market Share
25.9.2020
The new Southeast Asian facility will mean U.S. buyers won't have to pay an additional 25% tax on miner orders
Bitcoin Miner Bitfarms Leases 2,000 Rigs From BlockFills, Has Option for Up to 7,000 More
21.9.2020
Bitfarms boost its mining power by 360 PH with the new lease, set to run for 24 months
Market Update: Blood in the Crypto Streets, Bitcoin Miner Dumps, CME Gap, Defi Doldrums
4.9.2020
The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all the crypto coins shaved more than 10% during yesterday’s trading sessions. More than 12 hours later, a number of the top crypto assets are still down in value between 4-12%, and some...
Bitcoin Miner Layer1 Overstated Industry Vet’s Involvement in $50M Series A Pitch
24.8.2020
Peter Thiel-backed Layer1 told potential investors in a recent pitch deck that bitcoin miner maker Canaan’s co-founder Liu Xiangfu joined its team as a key executive – except that’s not what Liu says
Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company Control
7.8.2020
Bitmain has delayed shipments of its Antminer bitcoin mining machines by three months, as the tussle between co-founders, Jihan Wu and Micree Zhan Ketuan, for control of the company intensifies. According to a post on Bitmain’s official Wechat account, the Beijing-based bitcoin miner maker...
Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On
6.8.2020
The escalating internal power struggle at Bitmain is starting to have a more serious impact on its business and customers
Power Struggle Inside Bitmain ‘Hard Forks’ Bitcoin Miner Production
20.7.2020
The ongoing battle between the two co-founders at Bitmain has essentially hard forked the production at the world’s largest bitcoin miner manufacturer
Bitcoin Miner Supply Sent to Exchanges Fell to 12-Month Lows in Q2 2020
16.7.2020
Bitcoin miners, following the law of supply and demand, curtailed their supply to exchanges to the lowest level in 12 months during the second quarter
Bitcoin Miner Maker Canaan Drops 3 Directors in Possible Boardroom Coup
9.7.2020
Sources speaking to Chinese media said a dispute at Canaan Creative has led to a power grab by now-Executive Director Nangeng Zhang
Bitcoin Miner Hut 8 to Add 275 PH/s of Mining Capacity With $8.3M Capital Raise
1.7.2020
Hut 8 Mining Corp. has raised $8.3 million from the sale of 6% of its shares to investors. The Canadian bitcoin miner originally intended to raise $7.5 million from the sale, but it was oversubscribed. Totonto Stock Exchange-listed Hut 8 issued about 5.8 million “units” at a price...
Bitcoin Miner Hut 8 Closes Better-Than-Expected Equity Round at $8.3M
30.6.2020
Hut 8 says its new funding is going towards increasing the bitcoin miner's total capacity by a fifth
Bitcoin Miner Ebang Mulls Crypto Exchange, BTC Refunds + More News
29.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Chinese crypto mining company Ebang International Holdings Inc. is planning to launch an offshore exchange...
Consumer Watchdog Moves to Block Canadian Bitcoin Miner From US Power Grid
25.6.2020
Public Citizen warned the U.S. Dept. of Energy that DMG Blockchain's bid to export electricity could set a dangerous precedent
Bitcoin Miner Maker Ebang Estimates $2.5M Loss for Q1 in IPO Prospectus Update
18.6.2020
The Chinese firm also revealed its anticipated share price in its updated filing with the U.S. SEC
Bitcoin Miner Maker Canaan’s Stock Hits Record Low 1 Month After Halving
16.6.2020
Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, fell below $2 Monday, their lowest after going public last year
Drug Dealer Just Sentenced to 25 Years Hoped to Build a Better Bitcoin Miner
12.6.2020
Paul Calder LeRoux, an admitted drug dealer with a background in encryption, planned to build a bitcoin miner had he beaten the rap
Bitmain Unveils Cheaper T19 Bitcoin Miner to Regain Lost Market Share
2.6.2020
Bitmain on Monday released the Antminer T19, a cheaper bitcoin mining machine, in an effort to regain lost market share. The Beijing-based company said the Antminer T19 has computing power or hashrate of 84 terahash per second (TH/s) and power efficiency of 37.5 joules per terahash (J/TH)....