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This Miner Buys 1,000 New Antminers as Bitcoin Halving Looms
1.5.2020
Antminer S19 Pro. Publicly traded crypto mining company Riot Blockchain, Inc. says it has purchased 1,000 next generation mining machines, as the Bitcoin (BTC) miners brace for the upcoming halving in mining rewards, expected to occur on May 12.
The company said it has recently completed a purchase...
London Bitcoin Miner Argo Blockchain Reports 1,000% Revenue Increase to $10 Million
30.4.2020
London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8.62 million ($10.78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented...
Bitcoin Miner Maker Ebang Files for a $100M US IPO
25.4.2020
Ebang International Holdings, one of the leading makers of bitcoin mining equipment, is taking another stab at going public, this time in the U.S
Bitcoin Halving 2020: The ‘Arms Race’ for Miner Efficiency Intensifies
25.4.2020
In the lead-up to the next bitcoin halving event in May, some bitcoin miners are looking at leveraging what some describe as “surplus energy” to make operations even more cost-effective
Arctos Inks $1M Sale and Leaseback Deal With Bitcoin Miner Blockware
23.4.2020
The mining company will use the funding to expand its operations in the U.S
Microbt Reveals Two Next-Generation Mining Rigs With Speeds Up to 112 Terahash
18.4.2020
Competition is heating up in the world of bitcoin mining rig manufacturing. Just recently, the Chinese producer Microbt has announced the launch of the M30S++ miner that processes speeds up to 112 terahash per second (TH/s). The news from Microbt follows Bitmain’s announcement at the end...
Bitcoin Miner Braves Pandemic Amid Partial Relocation to New York
17.4.2020
Riot Blockchain has entered into a "co-location mining services contract" to share Coinmint’s data center amid low crypto prices
Bitmain Partially Refunds Bitcoin Miner Buyers After Price Cuts
14.4.2020
The Beijing-based firm is sending out cash coupons to customers who pre-ordered its latest bitcoin miners at full price
Bitcoin Cash Halving Results in Miner Exodus and Profitability Decline
9.4.2020
Bitcoin Cash sees its first halving since the hard fork from BTC dented by hash rate decline due to miner exodus — but proponents remain upbeat
Bitcoin Miner Maker Canaan Lost $148 Million in 2019
9.4.2020
The Chinese bitcoin miner manufacturer has disclosed it made a net loss of $148.6 million for 2019 on a revenue of $204.3 million
Bitcoin Cash Undergoes ‘Halving’ Event, Casting Shadow on Miner Profitability
8.4.2020
Bitcoin Cash, the blockchain network that forked off Bitcoin in 2017, has just reduced its mining rewards by half, causing lots of miners to have nearly zero gross margin
Crypto Miner Bitfarms Cuts Costs and Reduces Staff Due to COVID-19 Crisis
7.4.2020
Canadian mining firm Bitfarms is temporarily cutting its workforce as part of its efforts to weather the COVID-19 pandemic
Miner Perspectives on Bitcoin Halving 2020, Part 1 of a New Podcast Series
4.4.2020
Hosted by CoinDesk Research Analyst Christine Kim, the first episode of the Bitcoin Halving 2020 podcast series is about the impact of bitcoin’s third halving on the concentration of miners in China
Bitcoin Halving Capitulation: ‘Mining Death Spirals Don’t Happen in Real Life,’ Says Report
31.3.2020
As the bitcoin halving approaches, crypto-mining ‘death spirals’ and miner capitulation have become prominent topics among digital currency enthusiasts. Despite the trending discussions, Coinshares head of research Christopher Bendiksen published a study that says “[bitcoin]...
Bitcoin Miners Are Selling Coins Faster Than They Can Generate Them
27.3.2020
According to data sites and a number of observers, bitcoin miners are selling coins faster than they can produce them. Ever since the market downturn on March 12 and the week of falling prices that followed, bitcoin miners have been struggling. Also read: Bitcoin Hashrate Down 45% – Miners...
Miners Are Selling More Bitcoin Than They Are Mining
26.3.2020
While bitcoin looks set to prolong its recent bullish moves, those responsible for making new bitcoin have increased their selling
Canadian Miner Hive Blockchain Issues Cease and Desist to Steem Fork Hive
23.3.2020
Hive Blockchain claims that the branding of the new Steem fork has led to confusion among its shareholders
Market Update: Cryptocurrency Market Cap Sheds $90B, Margin Calls Spike, Futures Slide
14.3.2020
Digital currency markets have been consolidating since Thursday’s massive price drop after more than $90 billion was erased from the cryptoconomy. Crypto markets saw some brief gains on Friday but prices have been meandering just above current support levels. At the moment, traders and crypto...
Bitcoin Miner Stumbles Upon $8M Stash From 2010, Sells Before Crash
14.3.2020
A lucky former miner appears to have cashed out an old stash of 1,000 Bitcoin just days before Thursday’s brutal crash
Bitcoin’s Plunge Was Foreshadowed by Miner Inventory Data
9.3.2020
Bitcoin’s recent price drop has caught many investors off guard. However, a key metric showing worry among the miners gave a warning several weeks ago