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Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season
28.12.2019
Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies. Two hydropower...
Bitmain and Canaan to Reveal 5nm Bitcoin Mining Chips in 2020
27.12.2019
Two of the largest bitcoin mining chip manufacturers have plans to equip their products with 5nm chips in the near future. Just recently, China-based manufacturer Bitmain purportedly produced the world’s first 5nm test-grade bitcoin mining chip and more efficient mining rigs will see mass...
Canaan's New 5-Nanometer Chips to Escalate ASIC Arms Race With Bitmain
26.12.2019
Chinese mining ASIC producer Canaan plans to roll out machines based on 5-nanometer chips in Q1 2020
Chinese Authorities Confiscate Nearly 7,000 Crypto Mining Machines
23.12.2019
Chinese police has seized roughly 7,000 crypto mining units, which illegally used electric power
Lawsuit Shows How a Public Firm’s $80M Bet on Bitcoin Miners Went Terribly Wrong
23.12.2019
The legal dispute between bitcoin miner Ebang and Chinese public firm Wholeasy reflects the prolonged magnitude of last year's market sell-off
GSR and Interhash to Create Hedging Solutions for Bitcoin Miners
20.12.2019
Hedging products for Canaan mining network becoming available in Jan, 2020
Hashpower Broker NiceHash Can’t Promise to Fully Reimburse Hack Losses
19.12.2019
Hashpower rental marketplace NiceHash has frozen its repayment program for users affected by a major hack in Dec. 2017 due to insufficient cash flow
Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain
17.12.2019
Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering
2019’s Bitcoin Miners Are 5x Faster Than Predecessors
13.12.2019
High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their...
Study: China’s BTC Miners Control 66% of Global Hash Rate
11.12.2019
Chinese share of global hash rate hits a new record of 66% since 2017, a new study says
Fraudulent Group Involved in $722 Scam Got Arrested by the US Authorities
11.12.2019
On Tuesday, the Justice Department made an announcement regarding the arrest of three men involved in an alleged fraud that led to the embezzlement of a whopping amount of $722 million from the investors via fake bitcoin mining earnings. According to the latest reports, the prosecutors have...
Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin
7.12.2019
Utilizing stranded gas to power bitcoin mining rigs at oil and gas wells is a promising business opportunity. It is profitable for all participating parties and beneficial for the environment. Not without challenges, this young industry is growing in energy-rich North America. Several companies...
Mining Chip Maker Ebang Next in Line to File for US IPO
6.12.2019
Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer...
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
A Plan to Decentralize Bitcoin Mining Again Is Gaining Ground
2.12.2019
New code for mining pools could fix problems associated with transaction censorship and more, say its supporters
Russian Oligarch Turns Soviet Plant Into a Major Bitcoin Mining Hub
24.11.2019
Bitriver hosts mining machines in the former world’s largest aluminum smelter
‘No Capitulation’ — Bitcoin Miners Completely Unfazed by Price Drop
24.11.2019
Bitcoin price not irking miners as the hash rate stays stable
Bitcoin Miner Canaan’s IPO Nets Just $90M After Losing Banking Partner
21.11.2019
Canaan completes $90M IPO without major backer Credit Suisse
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
Bitcoin Mining Firms Merge to Build World’s Largest Purported Mining Farm in 2020
19.11.2019
Bitcoin mining firms Northern Bitcoin and Whinstone are merging and plan to jointly build the world’s largest mining farm