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Bitmain Halts Employee Salaries Amid Financial Woes, Report


Mining hardware manufacturer Bitmain has temporarily suspended salary payments to its employees, a media report has revealed. News of the move comes along with information suggesting that the crypto giant is experiencing financial difficulties with poor results from its operations. Antminer Maker...

Bitmain Addresses Cash Flow Woes, Pays Delayed September Salaries


China-based Bitcoin (BTC) mining machine manufacturer Bitmain has resolved a recent salary delay issue by finally paying its employees for the month of September. This move comes after Bitmain issued an internal notice on October 3, informing its staff of the delay in salary payments for that...

Bitcoin mining pool goes live in El Salvador


Volcano Energy and Luxor have created Lava Pool, making it the first Bitcoin mining pool in El Salvador. The objective is to tap into the geothermal energy resources of the country. The development comes almost two years after El Salvador announced making BTC a legal tender. Volcano Energy will...

Volcano Energy Launches First Bitcoin Mining Pool in El Salvador


Volcano Energy, a renewable energy-focused Bitcoin mining company, has announced a strategic partnership with Luxor Technologies, a Bitcoin mining tech company, to launch Lava Pool, the first Salvadoran Bitcoin mining pool. Lava Pool will be harnessed by Volcano Energy, a company building a mining...

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