Search
Digital Currency Group Pledges $100 Million to Bolster Bitcoin Mining Industry
28.8.2020
The firm Digital Currency Group (DCG) is entering the mining industry, as the firm has pledged $100 million into a cryptocurrency mining firm called Foundry. The mining company Foundry was noiselessly founded in 2019 and it aims to offer capital, consulting, and intelligence to digital assets...
Bitcoin Mining Firm Layer1 Accused of Copyright Infringement
17.8.2020
Layer1 — a Bitcoin mining firm backed by PayPal co-founder Peter Thiel — was accused of copyright infringement
PayPal Co-Founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement
15.8.2020
Data center power management firm Lancium filed a lawsuit against Layer1 today, alleging that the BTC mining firm’s operations had infringed upon its patent
Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving
13.8.2020
Bitcoin mining firm Hut 8 reported a sharp drop in revenue. However, the rising value of the firm's BTC holdings helped it finish the quarter in the black
Bitcoin Mining Firm Northern Data Slams ‘Trolls’ After Stock Drops 40%
18.7.2020
Northern Data’s head of finance calls whistleblowers “anonymous trolls” and says that the company is completely transparent
Fidelity Acquires 10% Stake in Bitcoin Mining Firm Hut 8
14.7.2020
The giant fund manager Fidelity International holds roughly 10.6% stake in the bitcoin mining company Hut 8. For six years now, Fidelity, the firm that currently manages $300 billion on behalf of its customers, has been mining the cryptocurrency bitcoin. In May 2017, news.Bitcoin.com reported...
Fidelity International Doubles Stake in Bitcoin Mining Firm Hut 8
13.7.2020
Billion-dollar fund manager Fidelity International is betting big on rebounding fortunes for the listed bitcoin miner Hut 8
US Contract Miner Core Scientific Buys 17,600 Bitcoin Miners From Bitmain
30.6.2020
U.S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc. The company is buying Bitmain’s next-generation bitcoin (BTC) miner, the Antminer S19, it said in a statement on June 29. The miners will...
World’s Biggest Mining Firm Makes First Ore Trade on a Blockchain
29.6.2020
BHP has completed its first trial trade transaction of iron ore with China's Baosteel using blockchain technology
US Mining Firm Plans to Nearly Double Hash Rate After Halving
10.5.2020
Riot Blockchain has announced the purchase of an additional equipment for its post-halving operations
Pump and Dump Complaints Dismissed Against Crypto Mining Firm
3.5.2020
Riot Blockchain’s lawsuits dismissed by a New Jersey judge, ending a 2 year lawsuit alleging the mining firm misled shareholders
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...
Another Bitcoin Mining Firm Warns COVID-19 Pandemic May Harm Its Business
15.4.2020
Hut 8, one of the few publicly traded crypto mining firms, is concerned about coronavirus-related delays of new machine deliveries, its CEO said
Texas Cloud Mining Firm Shut Down After Fake Charity Pitch
10.4.2020
Ultra Mining is accused of running a ‘recession special’ and touting a fraudulent $100,000 donation to coronavirus relief efforts
Investor Sues Crypto Mining Firm Riot Blockchain to Pay $728K in Legal Fees
7.4.2020
An investor sued cryptocurrency mining firm Riot Blockchain for $728,200 incurred in a separate contract breach lawsuit
Bitcoin Price Decline Prompts US Mining Firm to Shut Down ‘Indefinitely’
27.3.2020
Digital Farms is halting operations due to low bitcoin prices, its owner says
Steem Fork Faces Legal Threat From Mining Firm Over ‘Hive’ Name
23.3.2020
A new blockchain called Hive is being told it needs to change its name just days after it was created in a fork from Steem
Ousted Co-Founder of Crypto Mining Firm Bitmain Opposes Layoffs
6.1.2020
Bitmain’s co-founder and biggest shareholder claims he is “firmly opposed to layoffs” at the firm after being ousted by current CEO Jihan Wu
Canada-Based Crypto Mining Firm Great North Data Files for Bankruptcy
5.12.2019
Crypto mining company Great North Data has reportedly submitted bankruptcy documents, listing millions in liabilities
Quebec Mining Firm Expands Despite Protests of Local Population
20.11.2019
Mining firm Bitfarms expands its operations in Sherbrooke despite complaints about the noise from the local population