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Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud
6.3.2021
A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. A District Court Rejected to Launch a Criminal Case Against the Firm...
$2 Billion Merger: Bitcoin Miner Cipher Going Public Backed by Fidelity and Morgan Stanley
5.3.2021
Cipher Mining, a bitcoin mining operation of Bitfury, has announced that it is going public via a merger with a special purpose acquisition company (SPAC). The deal values the combined company at $2 billion, with funding from investors such as Morgan Stanley and Fidelity. Cipher Mining Technologies...
A peek into the Bitcoin miner’s 2020: Interview with BTC.top’s Jiang Zhuoer
5.3.2021
Miners are making bank amid the price rally as manufacturers struggle to produce chips
An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions
3.3.2021
A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year...
Shark Tank star changes tune on Bitcoin, will allocate 3% of his portfolio
2.3.2021
Kevin O'Leary referenced investor Dan Loeb’s "deep dive" into crypto in his decision to more fully invest in Bitcoin
China’s Inner Mongolia to shut down crypto mining farms by April 2021
1.3.2021
Inner Mongolia drew the ire of Beijing after failing to meet energy efficiency goals
Report: Bitcoin Mining Firm Northern Data AG Plans for a $500 Million IPO
24.2.2021
While the public prepares for the upcoming Coinbase public offering, the mining firm Northern Data AG is reportedly planning to go public as well. Sources say that the mining business is in talks with Credit Suisse Group to launch an initial public offering (IPO) in the United States. Report:...
Bitcoin mining operator Northern Data reportedly considering $500M IPO
23.2.2021
Swiss investment bank Credit Suisse is reportedly backing German Bitcoin mining operator Northern Data in its $500 million IPO
Bitcoin Hashrate Hits 180 Exahash, Mining Difficulty Climbs Higher, Pools Jump by 35%
22.2.2021
The price of bitcoin has climbed to phenomenal heights during the last few weeks and this has fueled the crypto asset’s mining sector a great deal. Despite the fact that the Bitcoin network’s mining difficulty has never been higher at 21.72 trillion, the hashrate has climbed to...
Bitcoin Miners Posted $354M in Revenue Last Week, Breaking Record From 2017
15.2.2021
Last week's mining revenue eclipsed the previous record set in mid December 2017
The institutionalization of BTC: Mining may be more profitable than buying
6.2.2021
Regardless of Bitcoin’s price or future economic scenarios, Bitcoin mining will be a profitable activity
Bitcoin Miners Saw Revenue Rise 62% in January From December
2.2.2021
Miners earned over $1.1 billion in January
Bitcoin Miners Strain Under Semiconductor Supply Crunch, Second-Hand Mining Rig Prices Soar
30.1.2021
Bitcoin mining rig manufacturers are dealing with a semiconductor supply crunch according to regional reports stemming from China. There’s been a global semiconductor supply shortage and it’s affecting nearly every type of business in the supply chain that manufactures cars,...
Analyst: Chinese New Year could drive Bitcoin selling pressure
28.1.2021
Stack Funds’ analysis suggests that Bitcoin’s floor price has yet to be found as the Chinese New Year approaches
Marathon Patent Group Buys $150 Million Worth of Bitcoin as a Reserve Asset
26.1.2021
Marathon Patent Group announced Monday that it bought 4,813 bitcoins in a deal worth $150 million. The firm joins the growing list of publicly listed companies holding bitcoin in their treasuries. Merrick Okamoto, chairman and chief executive officer of Marathon, said the Nasdaq firm is buying...
While BTC’s Hashrate Remains High, It’s More Difficult Than Ever Before to Mine Bitcoin
26.1.2021
At the end of January 2021, Bitcoin’s network mining difficulty, a measure of how complicated it is to mine a block reward, is higher than it’s ever been during the crypto protocol’s lifetime. Currently, Bitcoin’s mining difficulty is a whopping 20.8 trillion but despite...
Driving to the moon? HODLer installs portable mining rig in BMW
25.1.2021
“I'm not in crypto to make a fast buck, but I'll take the bonus,” said Simon Byrne
Is Bitcoin a waste of energy? Pros and cons about Bitcoin mining
24.1.2021
Do the benefits brought by Bitcoin and the improvement in our standard of living justify this additional use of energy?
Montana County to Hold Public Hearings on Zoning Rules for Crypto Miners Amid Growing Complaints
23.1.2021
Another U.S. county is facing troubles related to crypto mining activities within its territory. This time, the second-largest county in Montana is the protagonist of the story, who will look forward to revisiting local zoning for mining operators. Authorities to Decide on Making Current Rules...
Alleged ‘ghost’ Bitcoin mining firm traded on Nasdaq faces class action lawsuit
22.1.2021
Investors are suing a Bitcoin mining company for allegedly fabricating the existence of BTC mining farms in China, and reportedly misleading the public