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Top crypto mining hardware to expect in 2021
25.12.2020
With crypto mining gaining momentum, here’s the newest products coming out in 2021 and what Bitcoin miners should look to buy
Coinbase Files Paperwork With SEC to Launch Public Offering
18.12.2020
U.S. cryptocurrency exchange Coinbase had confidentially filed a draft registration for a public offering to the Securities and Exchange Commission (SEC). Coinbase Sent Draft Registration to the US SEC On December 17, 2020, the exchange made the announcement on its blog, stating that the firm...
Clocking Terahash: Three Next-Generation Bitcoin Mining Rigs Launched During the Last Quarter
8.12.2020
Just recently, the China-based bitcoin mining rig manufacturer Microbt released a new ASIC device that clocks up to 112 terahash per second (TH/s). The new machine is one of the top-performing mining rigs on the market, according to today’s network difficulty and electrical rates below $0.06...
Bitcoin’s Rise Causes Shortage of Mining Rigs, Most Units Sold Out, Miners Concerned About Supply
5.12.2020
While the bitcoin economy has swelled in value, the overall network hashrate has gradually climbed higher as miners are making a lot of money confirming blocks. However, obtaining bitcoin mining rigs isn’t so easy these days, and regional reports from China indicate a great number of ASIC...
Riot, Marathon, Canaan See Record Monthly Share Gains as Bitcoin Clears All-Time High
30.11.2020
Mining companies are soaring as bitcoin hits record highs
This Bitcoin mining company’s stock is in free fall following Q3 loss
30.11.2020
Q3 was a tough quarter for mining rig manufacturers as the impact of COVID-19 continued to weigh
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
S9 Resurrection: Higher Bitcoin Prices Allow Miners to Switch Outdated Mining Rigs Back On
14.11.2020
With bitcoin prices hovering over a certain handle, a great number of old ASIC mining rigs manufactured years ago are starting to become profitable again. Reports indicate that in China, where the average electricity cost is around $0.06 per kilowatt-hour (kWh), miners are starting to leverage...
Canaan Shares Dipped Only 2% in Q3 in Fourth-Straight Quarterly Drop
30.9.2020
The Nasdaq-listed mining manufacturer dropped 2% in Q3
Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage
13.9.2020
Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. Bitcoin miners...
Bitcoin Mining Equipment Maker Canaan Sets $10M Buyback Program
8.9.2020
The board of directors of bitcoin mining manufacturer Canaan approved a buyback program Monday for its lagging shares
Chinese mining giant Canaan announces $10 million share buyback
8.9.2020
Canaan will try to drive up its Nasdaq-listed stock from the $2 price mark
Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak
3.9.2020
Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2.4 million during the second quarter of 2020, down from $5.6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid...
Blockchain Bites: Patoshi’s Patterns, Canaan’s Losses, DeFi’s ‘Weird’ Moment
1.9.2020
Decentralized exchange volumes climb for a third straight month, Tezos settled a class action and Coinbase added a16z and DoorDash executives to its board
Canaan’s Q2 Loss Narrows to $2.4M From Q1 on 160% Revenue Increase
31.8.2020
Canaan shares are down 23% in August
Mining rig manufacturer Canaan announces narrowing net loss in Q2 results
31.8.2020
A vastly improved gross margin on sales contributed to a reduction in net loss of over 90% compared to figures from a year ago
China’s Bitcoin Mining Industry Impacted the Most This Year, Says Report
20.8.2020
The researchers and analysts from Tokeninsight published it’s “2020 Q2 Cryptocurrency Mining Industry Report” which shows the industry has grown exponentially during the last six months. The findings indicate cryptocurrency mining has expanded a great deal but China’s...
Nasdaq-Listed Firm Marathon Buys 10,500 Next-Gen Bitcoin Miners for $23M
15.8.2020
One of the earliest Nasdaq-listed cryptocurrency mining companies, Marathon Patent Group, announced a new agreement contract with the ASIC mining manufacturer Bitmain. According to the public company, Marathon has agreed to purchase 10,500 next-generation Antminer S-19 Pro models for $23 million....
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...
Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors
3.8.2020
Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two firms just launched two ASIC mining devices with hashrates up to...