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Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations
18.1.2021
The mostly ASIC devices used to mine bitcoin are said to have been consuming 95 megawatts per hour of electricity at a reduced rate
Publicly-Listed Lottery Company to Buy $14.4M Worth of Bitcoin Mining Machines
13.1.2021
A U.S. listed Chinese sports lottery firm announced that it has entered into a purchase agreement to acquire bitcoin (BTC) mining machines. The deal involves the issuing of $14.4 million worth of 500.com Class A ordinary shares. Models Include S17, T17, M20s and S9 According to the announcement...
Bit Digital Completes $13.9M Deal for New Mining Machines
7.12.2020
The company acquired nearly 18,000 new ASICs in an all-stock transaction
Canaan Reports $12M Q3 Loss, Says There’s ‘Rebounding Demand’ for Mining Machines
30.11.2020
Mining hardware manufacturer Canaan Creative reported a Q3 net loss of $12.7 million, or 54 cents per share, more than quadruple the size of Q2’s $2.38 million loss, or 10 cents per share
Hive Blockchain Buys, Deploys 1,240 Bitcoin Mining Machines, Nearly Doubling Hash Power
6.11.2020
The Vancouver firm is targeting 1,000 PH/s in the next 12 months
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...
Venezuelan Authorities Seize Over 300 Bitcoin Mining Machines
8.7.2020
Venezuelan authorities confiscated 315 Bitcoin mining systems
A Number of Small Bitcoin Mining Farms Are Quitting as Older Mining Rigs Become Worthless
10.6.2020
Bitcoin mining has changed a great deal since the block reward halving on May 11, 2020, and the overall SHA256 hashrate has been between 100-120 exahash per second (EH/s) during the last 48 hours. Reports from China show that a number of small mining operations are struggling and older bitcoin...
Older Mining Machines Turn Profitable Again as Bitcoin Rises Ahead of Halving
30.4.2020
Older mining models can now earn 10-20% gross margins after bitcoin’s price jumps to two-month highs
New Gen Bitcoin Mining Machines 'To Serve For 3-4 years' + More News
30.3.2020
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.
Mining news
Hardware maker Bitmain says that newer mining rigs could be used for longer than previous devices due to a forthcoming...
Chinese Authorities Confiscate Nearly 7,000 Crypto Mining Machines
23.12.2019
Chinese police has seized roughly 7,000 crypto mining units, which illegally used electric power
Top 5 Bitcoin Mining Machines Ahead Of Halving
7.12.2019
Canaan’s AvalonMiner 1146. Searching for the five best performing Bitcoin mining equipment with fastest payback and biggest profitability, four Bitmain’s and one Canaan’s model are at the top, research by Beijing-based token data and rating agency TokenInsight showed.
May 2020 Bitcoin (BTC) mining...
Argo Blockchain Intends to Increase the Number of Crypto Mining Machines
12.11.2019
The cryptocurrency mining company, Argo blockchain is preparing to raise its production base with the inclusion of over 7000 new crypto mining machines by the mid of next year. Their production capacity will almost treble within the next five months as a result of this business development. The...
Iranian Authorities Confiscate 1,000 Bitcoin Mining Machines
28.6.2019
Following a surge in power consumption, Iranian authorities detected and seized 1,000 Bitcoin mining machines