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Lottery Giant 500.com Buys Bitcoin Miner BTC.com From Jihan Wu

16.2.2021
Jihan Wu. Source: a video screenshot, Youtube, Bitcoin.com - Official Channel Listed Chinese online sports lottery service provider 500.com said it agreed to acquire the BTC.com Bitcoin (BTC) mining bussiness from Bitmain co-founder Jihan Wu. 500.com is buying the business in exchange for its newly...

Bitcoin’s Rapid Increase Should Compel Crypto Investors to Own Gold, Says Top Miner

13.2.2021
Sandeep Biswas, chief executive officer of Newcrest Mining, one of the world’s biggest gold miners, has said that the sharp increase in bitcoin prices should compel crypto investors to hold gold as a safe-haven asset. In a Feb. 11 interview with Bloomberg TV, Biswas criticized bitcoin’s...

Massive 70 MW Bitcoin Mining Rig Shipped to Russia

12.2.2021
Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country. Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks...

Russia has imported its largest Bitcoin miner batch

10.2.2021
An unknown client in Russia has stacked 20,000 Bitcoin miners at one of BitRiver’s locations in Siberia

Bitcoin Miner Riot Blockchain Names Jason Les CEO

9.2.2021
Les has served as the board's director since 2017

Bitcoin Miner Bitfarms to Raise $31M in Sale of Shares to Institutional Investors

8.2.2021
The additional funding will go towards the acquisition of more miners, expanding infrastructure and boosting working capital

Sky High Bitcoin and Ethereum Fees: While Prices Jump the Cost to Transfer Follows Suit

4.2.2021
While a number of digital currencies have seen price gains the two leading crypto assets, bitcoin and ethereum have seen transaction fees skyrocket. For instance, data shows that the median fee for a bitcoin transaction is $8.58, while the median fee is $9.35 when spending ether. Meanwhile,...

Argo Blockchain Buys 172.5 Bitcoins as Reserve Asset, Monthly Revenue Soars 52%

4.2.2021
Argo Blockchain said Wednesday that it bought 172.5 bitcoins in the second half of January as part of its asset management strategy. ● In a trading update, the London Stock Exchange-listed bitcoin miner also reported strong revenue growth during the review month, climbing 52% to £2.48...

Bitcoin Miner Argo Blockchain Bought 172.5 BTC in January

3.2.2021
With bitcoin trading near $36,500, the new holdings have a current value of over $6 million

Network-Attached Storage (NAS) Devices Infected by Bitcoin-Mining Malware

28.1.2021
A Taiwanese hardware company has warned its clients about a targeted crypto mining attack against their storage devices. The malware infects NAS devices connected to the internet by installing a crypto-miner named Dovecat. Threat Actors Install Malware That Illicitly Mines Bitcoin According to...

Crypto User Builds a Mining Rig in the Back of His BMW Hybrid Car With Six Graphic Cards

28.1.2021
A U.S. cryptocurrency miner installed a mining rig in a particular place with the motivation to “annoy gamers.” Simon Byrne installed the full infrastructure in the back of his BMW i8 hybrid car. Miner Is Trying to Create a ‘Crypto Utopia’ According to PC Gamer, Byrne...

Research Proves Recent Transfers of 8,000 Ten-Year-Old ‘Forgotten Bitcoins’ Were Sold to Coinbase

27.1.2021
For months now our newsdesk has followed the tracks of a mysterious whale from 2010, a miner who not only mined thousands of bitcoin back in the day, but has also spent over 8,000 bitcoin during the past ten months. This week, the Russian blockchain researcher, Issak Shvarts published a report...

21 Bitcoin Block Rewards from 2010 Wake Up, $236M Worth of ‘Satoshi Era’ BTC Spent in 10 Months

25.1.2021
On Monday, January 25, 2021, at roughly 2 a.m. (EST), the notorious old school miner from 2010 has spent another consecutive 21 decade-old block rewards with 1,050 bitcoin. This is possibly the same mining entity our newsdesk has been tracking for months. The bitcoin from 2010 moved today follows...

Crypto Miner Marathon Patent Group Buys $150M in Bitcoin

25.1.2021
The Nasdaq-listed mining company wants to become a "pure-play bitcoin investment option" for Wall Street

Class Action Filed Against Listed Bitcoin Miner Bit Digital Over Fraud Allegations

22.1.2021
Defendants allege the mining company made false and/or misleading statements and failed to disclose the true extent of its mining operations

Hive Blockchain Buys 6,400 Bitcoin Miners From Canaan, Capacity Reaches 1,229 PH/s

22.1.2021
Canadian bitcoin miner Hive Blockchain has bought 6,400 next generation mining machines from Canaan. The Avalonminer 1246 miners will add a combined 576 petahash per second (PH/s) to Hive’s existing hash power. ● With the addition of the new machines, Hive’s total hash rate will...