Bitcoin mining farm in Canada registers massive revenue growth of 262% in Q2 of 2019

2019-8-30 21:30

Hut 8, one of the largest public Bitcoin mining farms by operating capacity, has released its financial report for the second quarter of 2019. The mining firm recorded a tremendous surge in its net profit and overall revenue for Q2, with the net profit for the firm reaching $33.

7 million Candian dollars while the overall […]

The post Bitcoin mining farm in Canada registers massive revenue growth of 262% in Q2 of 2019 appeared first on AMBCrypto.

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Источник: ambcrypto.com

mining 2019 → Результатов: 126

Hardware Mining Giant, Ebang, Projects 400,000 Ebit Units For The Year To Rival Bitmain And Canaan

One of the major producers of mining machinery reportedly has plans to manufacture a minimum of 400,000 of its mining rigs before 2019 runs out. Ebang, the manufacturing company, hopes to be able to control the market in the near future as it currently holds about 9.

2019-2-23 14:46	News
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JPMorgan Chase Estimates Bitcoin Fair Value To Be $2,400

JPMorgan Chase, a U. S. based investment bank in January released a report, “Blockchain and Cryptocurrencies 2019: Adoption, Performance and Challenges” which sets bitcoin’s fair value to $2,400.

2019-2-23 06:35	JPMorgan
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Top-3 Mining Rig Maker Ebang Eyes Market Turnaround in 2019

Ebang, the third largest mining equipment producer, plans to make at least 400,000 of its Ebit mining rigs in 2019. The company commands a 9. 2% share of the global mining hardware market, lying behind only Bitmain and Canaan.

2019-2-23 01:00
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GSTAR ICO

GSTAR is a mobile-based Blockchain system. This is called GOX, and GOX stands for Global Online mobile Blockchain system. GOX is performed the mining by the mobile game. Game is the mining. And also broadcasting and medical platforms are all performed by mobile.

2019-2-21 20:03
business mobile gstar model mining blockchain gox

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BitWings ICO Reveals the First Ultra-Secure Mining Smartphone

Wings Mobile, the Spanish virtual mobile operator, has revealed the development of the world’s first ultra-secure, crypto-mining smartphone – “The Simply Sexy” Wings WX™ – which will have its official unveiling at the Mobile World Congress in Barcelona from the 25 to 28 February 2019.

2019-2-22 18:21	Press releases
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Crypto Mining Scam Uncovered in Thailand

Over 30 people have come forward to the police after being scammed by a supposed crypto mining scheme that promised a 70 percent return on investment, the Bangkok Post reports on February 18, 2019. Mining for Money In the world of blockchain, it seems like it is another day, another scam.

2019-2-20 16:00	Thailand
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Bitmain Announces BM1397 Chip with 28.6 Percent Improvement in Power Consumption

In a blog post published February 18, 2019, the Chinese cryptocurrency mining juggernaut Bitmain announced the launch of their next generation 7nm ASIC chip, named BM1397. The new chip facilitates faster and more economical mining for cryptocurrencies that use the SHA256 algorithm for computation of mathematical problems.

2019-2-20 13:00	Mining
bm1397 bitmain chip mining cryptocurrency new energy

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What in the World is Going on With Bitmain’s Crypto Mining Business? 2019 Update Review

There has been a lot of conversation in the crypto community in the past with regards to Bitmain and their operations. In specific, there is even more speculation about the solvency and efficacy of the ownership of Bitmain after the crypto media publication, CoinDesk, released a report that alleges Bitmain lost $500 million during Q3 […]

2019-2-20 03:02	News
bitmain crypto media publication speculation efficacy solvency

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Indonesian Student Nabbed for Illegal Bitcoin Mining with School Computers

Despite the gloomy cryptocurrency market outlook, bad actors are still interested in illegally amassing bitcoin (BTC) and other cryptoassets. In the latest development, a 22-year-old student has been arrested by the Indonesian police for illegally setting up a virtual currency mining operation with college computers, reported The Jakarta Post on February 14, 2019.

2019-2-19 14:09	News
bitcoin cryptocurrency computers student indonesian mining illegally

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Bitmain Unveils New 7nm ASIC Chip After Dismal 2018

Bitmain Technologies has announced a new iteration of its 7-nanometer Bitcoin mining chip. The cryptocurrency mining hardware behemoth says the new and improved 7-nm chip offers greater energy efficiency for mining operations.

2019-2-18 19:00	Bitmain
mining chip new bitmain bitcoin blog energy

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Argo Blockchain PLC Announces Business Refocus Amid Bear Market Conditions

Argo Blockchain plc, a UK-based, global data centre management firm that allows people to mine a vast array of digital currencies via its platform, has announced plans to refocus its business strategy, citing “severe price pressure and volatility” of the crypto markets, reported Investigate on February 15, 2019.

2019-2-18 14:00
argo blockchain plc business refocus accepting longer

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Litecoin (LTC) Price Forecast 2019 – LTC is Slowly Tapering Off

Litecoin was created back on 7th Oct 2011 by Charlie Lee, an ex-Google employee, who quit working in order to focus on Litecoin full time. Charlie is very active on Twitter. You can read his blog here.

2019-2-16 16:10	Crypto Journal
litecoin 160 ltc 2019 price charlie forecast

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Nvidia Mining Chip Sales Drop 30% in Q4 Amid ‘Post-Crypto Excess’

Nvidia managed to survive declining cryptocurrency mining chip demand to post total full-year revenue of $11. 72 billion. The company forecasts an aggressive rebound for the 2020 fiscal year, but Wall Street analysts say such forecasts are overly optimistic given the lack of significant change in the market.

2019-2-16 09:00	Nvidia
mining nvidia chip year cryptocurrency full-year forecasts

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Trading Volume: Bitcoin Moves 7x More Value Than Any Other Coin

It’s been more than ten years since the mining of the genesis block, but Bitcoin (BTC), the original cryptocurrency, remains the most popular coin, at least at the outset of 2019. Altcoins enjoy only a fraction of the usage that BTC gets every day.

2019-2-15 23:20	Bitcoin
coin bitcoin volume trading btc value moves

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Bitcoin Now Mining Its Biggest Blocks Ever

The Bitcoin network is scaling as the network just reached a new all-time high of 1. 3 MB average block size amid record low transaction fees. Biggest Average Bitcoin Block Size to Date The latest data from Blockchain.

2019-2-13 16:00
bitcoin biggest network size block average blocks

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Mozilla Battles Cryptojackers with New Security Features for Firefox

Mozilla, the non-profit organization behind the Firefox web browser, is ready to make life unbearable for crypto jackers as it has announced plans to add cryptocurrency mining and fingerprinting blocking functionality to the Firefox browser.

2019-2-12 12:00
firefox browser cryptocurrency mozilla considerable bug number

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Germany: Six Arrested in Illegal Crypto Mining Operation

German police have arrested six members of a mining ring who were making use of stolen electricity to mine currency since 2017, as reported by Freie Presse, February 6, 2019. Hijacked Power While people around the world enjoy using cryptocurrency, the actual process of mining crypto is quite tedious and more importantly, expensive, particularly inRead MoreRead More.

2019-2-9 06:00
mining cryptocurrency crypto six arrested quite importantly

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Bitcoin SV (BSV) Leaders in Trouble as Square Mining and CoinGeek Deal is Going Sour

Recent plans to create the largest publicly traded Bitcoin Miner has hit a hurdle after an announcement from Square Mining stated that negotiations between itself and Bigfoot Holdings (operating as Coin Geek Mining and Hardware) have been postponed till March 19, 2019.

2019-2-3 19:38	News
mining square plans bitcoin geek hardware coin

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Russia to Combat Counterfeit Diamonds through Blockchain Technology

A January 30, 2019 report announced that the Russian Ministry of Education and Science has developed a blockchain-based platform to track the production of diamonds to ensure authenticity. New Mining Operations Local media group TASS reported on January 30, 2019, that the Russian Ministry of Education and Science has developed a diamond-tracking platform for theRead MoreRead More.

2019-2-1 15:00
ministry russian science platform developed education blockchain

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AMD Q4 2018 Results Show “Non-existent” Demand for Crypto Mining GPUs

American GPU manufacturing company AMD released their Q4 2018 financial results January 29, 2019; whilst the company recorded the best results in the past seven years, AMD expects their Q1 2019 figures to take a dip partly because of the near “non-existent” demand from cryptocurrency miners.

2019-1-31 04:01
amd demand results company cryptocurrency 2018 2019

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Bitcoin 2019: A Peer-to-Peer Conference for the Whole Bitcoin Community

The first major Bitcoin conference, Bitcoin 2013, was held in San Jose, California. Organized by the Bitcoin Foundation, it was centered on Bitcoin specifically and the more pragmatic issues that Bitcoin was trying to solve, particularly in the areas of Bitcoin technology, Bitcoin mining, Bitcoin business and regulatory issues.

2019-1-31 00:30	Events
bitcoin btc conference people event 2019 magazine

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Nvidia Blames China and Drying Crypto Mining Business for Disappointing Q4 2018 Results

According to a report by VentureBeat published on January 28, 2019, U. S. GPU manufacturing company Nvidia’s stock fell by more than 15 percent on Monday over fears of the company’s poor performance in the crypto mining industry.

2019-1-30 12:00	Stocks
company 2018 nvidia mining crypto sits industry

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Mystery Bitcoin Miners Are Altering Mining Pool Dominance

During the first month of 2019, studies have revealed the growing trend of unknown miners processing blocks on the Bitcoin Core (BTC) network. A few years ago, most mining pools began revealing their identity via the coinbase parameter when they found a block.

2019-1-29 20:58
miners bitcoin mining mystery years unknown altering

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Mining Bitcoin no Longer Profitable, JPMorgan Says

The drop in the price of Bitcoin has rendered a large percentage of mining operations unprofitable, with only low-cost mines in China operating without losses, Bloomberg reported on January 25, 2019.

2019-1-26 20:00	Mining
bitcoin mining price profitable longer jpmorgan says

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Lack of “Consistency” in Bitmain Business Model Jitters IPO Ambitions

According to a report by 8BTC published on January 24, 2019, an “inconsistent” business model might be to blame for cryptocurrency mining giant Bitmain’s diminishing chances of being listed on the Hong Kong Stock Exchange (HKSE).

2019-1-26 20:00	Mining
business model bitmain cryptocurrency ambitions jitters consistency

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Bitcoin Should Look Away From PoW says BIS Report

The Bank for International Settlements has suggested that the Bitcoin Network discontinue using Proof-of-Work (PoW) because it is expensive and once block rewards from mining bitcoin decrease, the network will slow down, this according to a BIS report published January 21, 2019.

2019-1-23 13:00	proof of work
bitcoin report network future bis pow around

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New Bitmain Blog Post Suggests a Positive Outlook for the Crypto Mining Leader’s 2019

Bitmain, a cryptocurrency mining firm that is based in Beijing, has been majorly popular recently for its firings of about 50% of the staff. However, in a recent blog post, it does not look like they are allowing this to take down their year.

2019-1-22 22:15	News
bitmain 2019 mining blog allowing like does

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Rocke Group’s Monero Mining Malware now More Powerful than Cloud Security Software

According to a January 17, 2019, press release from Palo Alto Networks’ Unit 42, a threat intelligence team, a Linux mining malware developed by Rocke group has advanced to uninstall cloud security products from Alibaba Cloud and Tencent Cloud to illegally mine Monero (XMR) on compromised machines.

2019-1-19 15:00	XMR
cloud rocke malware group mining monero xmr

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IBM’s Blockchain Network to Test the Soil of Mining Supply Chain Makeover

IBM and Minehub Technologies have collaborated in a bid to use distributed ledger technology (DLT) to improve operational and cost efficiencies in the mineral concentrates supply chain, according to a press release on January 16, 2019.

2019-1-19 20:00	supply chain
supply mining chain press ibm release blockchain

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Bitfury Steps into the Music Business with the Launch of Bitfury Surround

On January 16, 2019, Bitfury announced the launch of their new open source music platform called Bitfury Surround. It seeks to streamline the various processes of commercializing music as well as the sharing of revenue.

2019-1-18 22:00
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Our Man At CES 2019 – Part Three: Manic Miner

Not all of the companies at CES exhibit on the show floor. All around the city are luxury hotel suites, hired to show off one’s latest product to the select few. On my last day at CES, I had an invite to see an eco-friendly mining rig, or so I thought.

2019-1-15 14:00
ces show had floor three part 2019

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An Overview of the Most Recent and Profitable Crypto Mining Machines in 2019

Cryptocurrency mining has increased with more powerful machines being manufactured despite the 2018 bear market. As it stands, the most recent machines in the market have the ability to facilitate 28-76 trillion hashes in one second.

2019-1-14 19:28	News
mining machines recent market most new second

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Prevent a Personal Crypto Crash in 2019: 3 Golden Tips to Follow

Provided that over $1 billion was stolen from cryptocurrency exchange in 2018, it becomes a general knowledge that digital tokens need protection in 2019. Experts in blockchain reckon that mining cryptocurrency for beginners is not always an easy task.

2019-1-14 14:57	Sponsored
cryptocurrency 2019 crypto prevent digital blockchain crash

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Bitmain Suspends Work on Bitcoin Mine in Texas

Bitmain, the largest manufacturer of cryptocurrency mining rigs in the world, has suspended all of its operations in Texas, where the company was supposed to build the largest mining operation in the country, Texas Public Radio reported on January 11, 2019.

2019-1-13 14:00	Mining
texas bitmain mining site cryptocurrency operation largest

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Mongolia Will See At Least 1000 New Bitcoin Miners In 2019

Participants in Mongolia’s Bitcoin mining industry plan to significantly expand the scope of their operations, local media report January 11. Japan’s Ginco Doubles Down On Mongolia The East Asian country, known for its cheap electricity and being home to the world’s northernmost desert, will see one of its miners almost treble in size this year alone, despite the ongoing Bitcoin bear market.

2019-1-12 05:00
bitcoin mongolia see miners 2019 new 1000

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Challenges Surround GMO Internet’s Cryptocurrency Mining Business

The cryptocurrency mining business report from GMO Internet released on January 8, 2019, indicates a slight surge in the number of bitcoins mined, but a decrease in profits because of the plummeting price of bitcoin.

2019-1-11 10:00
gmo bitcoin business mining internet cryptocurrency 2019

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Overview of the Crypto Mining Industry in 2018: Will the Struggles Extend to 2019?

Major mining conglomerates in the crypto sector recorded large losses in 2018, struggling to deal with market conditions. Can they recover this year?

2019-1-10 14:31	Samsung
2018 crypto mining conditions market deal struggling

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Bitcoin Mining Giant Canaan Looking into a U.S. IPO

Canaan, the second-biggest maker of Bitcoin mining hardware in China, is considering listing in the U. S. after shelving plans for a Hong Kong initial public offering, Bloomberg reported on January 8, 2019.

2019-1-10 00:00	ipo
bitcoin mining shelving listing looking kong china

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Hong Kong Cryptocurrency Entrepreneur Accused of Scamming Investors of Millions

On January 7, 2019, The South China Morning Post reported that several residents had been duped of over HK$3 million (~$382,000) in a crypto mining scheme by entrepreneur Wong Ching-kit. Backstory: Face of a Mining Operation Wong Ching-kit, a cryptocurrency entrepreneur, has been accused of running a scam by several Hong Kong residents who accuse him of making away with just under.

2019-1-9 12:00	Scam
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Distributed Digest: Tuesday, January 8, 2019

Steemit.com blocks hackers for violating its terms of service, Coin Metrics research shows a significant decline among major Bitcoin mining pools, and the Status desktop alpha is out in the wild.

2019-1-9 20:51	Technology
bitcoin mining pools major among significant decline

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While Ethereum and Ripple hoped to see “the decoupling”, EOS could be the first altcoin to pull it off

The Chinese Bitcoin exchange Huobi is planning to set up an exchange based on the crypto currency EOS. This is to be done via its mining subsidiary Huobi Pool. The world’s first EOS exchange is to be launched in the first quarter of 2019.

2019-1-3 04:59	Crypto Journal
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Mining altcoins in 2019 – Best cryptocurrencies to mine this year

Bitcoin is the world’s first decentralized cryptocurrency which initially reared its shiny head into digital markets now way back in 2009. While regular currencies have a centralized authority which controls and prints them, Bitcoin was imagined as a community controlled currency that won’t have a single entity looming over it.

2019-1-2 18:22	Mining
bitcoin mining year best 2019 altcoins mine

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Huobi to Launch Crypto Exchange Dedicated to EOS

Huobi Pool, Huobi Group’s cryptocurrency mining arm, will launch a EOS-dedicated cryptocurrency exchange in Q1 2019, the company said last week. The new exchange will allow users to trade EOS against “a number of other cryptocurrencies.

2019-1-1 15:44
huobi exchange eos launch said pool cryptocurrency

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PR: ZPool Launches ZCash Mining Pool

2019. 1. 1, one of the world’s largest ZCash mines—ZPool officially opened up its ZCash mining pool, and started recruiting miners from all over the world free of service charges. KIENG KESSARA, the founder of ZPool, noted that, ZPool was formerly known as Megabigpower Bitcoin mine, which was built in September 2017 in Idaho, the United States.

2019-1-1 13:30
zcash zpool privacy most currency mining protection

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Huobi Group To Launch a One of a Kind Exchange Dedicated to EOS

The Huobi Group’s cryptocurrency mining arm of Huobi Pool, will launch its first exchange in the first quarter of 2019. The exchange will be one of a kind in that it will be fully dedicated to EOS (EOS).

2018-12-31 11:15	Huobi
eos huobi exchange group kind launch one

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Huobi to Launch EOS-Powered Cryptocurrency Exchange in Q1 2019

According to a press release published on December 29, 2018, Huobi Group’s cryptocurrency mining arm, Huobi Pool is set to launch the company’s first crypto trading exchange in Q1 2019. Notably, the exchange will use EOS as the base currency, leveraging its distributed proof-of-stake (DPoS) consensus method.

2018-12-31 00:00	Huobi
exchange cryptocurrency 2019 huobi launch eos-powered world

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New EOS Dedicated Crypto Exchange Set to Launch by Huobi Pool in First Quarter of 2019

Huobi Pool, the mining wing of the Huobi Group, is reportedly launching an EOS exchange in a few weeks’ time. “As an EOS supernode, Huobi Pool has placed its ecological development high on its list of priorities,” said Cao Fei, Huobi Pool's CEO.

2018-12-31 22:04	News
huobi pool eos exchange launching priorities ecological

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Energy Incentives Make Bitcoin Mining a Natural Fit for B.C., Canada

When it comes to bitcoin mining, Canada is a natural. A temperate climate helps to keep mining equipment cool, and plentiful renewable energy from hydroelectric dams gives Canadian provinces like British Columbia a natural advantage with cheaper electricity costs.

2018-12-22 21:41	Mining
bitcoin mining energy power canada hydro new

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Bitcoin Mining 2019 and Beyond: What to Expect from Crypto Miners with a Bear Market Landscape?

During this long bear market that has affected most of the virtual currencies in the space, miners have been severely damaged. Some companies had to close their farms, shut down their operations or just sell their miners.

2018-12-19 19:57	News
miners market bear new mining shut down

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