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After The Crypto Price Crash During COVID-19, BTC Mining Hash Rate Has Regained 34%
A North American Bitcoin mining operator Bitfarms shared that they continued to mine BTC despite the violent sell-off triggered by investors' fear over the COVID-19. Interim CEO and Chief Strategy Officer, Emiliano Grodzki said, “We are pleased to see that, despite the challenges to traditional markets, our scale and quality of operations has allowed us […] дальше »
2020-4-8 21:28 | |
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Bitcoin Mining Company Hut 8 Acquires 9 Datacenters From Bitfury For $7 Million
Hut 8 Mining Corp a Canadian crypto mining company has completed the set up of its mining farm at Drumheller after purchasing 9 data centers from Bitfury for $7 million. Andrew Kiguel, Chief Executive Officer of Hut 8 believed the purchase would allow the Drumhekker facility to be fully functional and provide the full ownership […] дальше »
2019-11-30 21:53 | |
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Bitcoin Cash (BCH) to Crash? The Battle of Bitmain Leaders Takes an Ugly Turn
According to the latest reports, the co-founder and chief executive director of the Bitcoin mining giant Bitmain, Micree Keutan Zhan has been removed from his position. Chairman of the board Jihan Wu, who is another Bitmain co-founder sent an email to the staff saying, “Bitmain’s co-founder, chairman, legal representative, and executive director Jihan Wu has […] дальше »
2019-10-29 16:45 | |
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Bitcoin (BTC) Mining is Actually Green
Bitcoin (BTC) mining uses up as much electricity as Austria in a year, at 73. 12 TW/h, shows data collected by Digicomist. com. This exorbitant energy use is viewed as one of the strongest arguments that mining is an activity extremely damaging to the environment. дальше »
2019-10-20 16:30 | |
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Nvidia’s GPU sales finally ‘normalize’ after its crypto-mining craze
Chipmaker Nvidia says its business has finally returned to normal after its cryptocurrency mining hangover has subsided. In its latest quarterly financial report, published yesterday, Nvidia posted 17 percent growth in revenue – from $2. дальше »
2019-8-16 15:22 | |
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Litecoin Cryptocurrency Price Prediction and Analysis – LTC Keeps Declining Regardless Of Halving
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The Litecoin, presently being the fifth cryptocurrency in terms of market capitalization, has halved the payments to miners. Another halving has reduced the payment for a block from 25 LTC to 12. дальше »
2019-8-11 16:48 | |
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Canadian Bitcoin Miner Turns a Corner, Bolsters Local Economies
By CCN: Canada continues to grow its reputation as a friendly destination for bitcoin mining, which has been of particular benefit to the country’s provinces. Canada is attractive because of its energy cost efficiencies, which at least one crypto mining operation is taking advantage of. дальше »
2019-5-14 00:25 | |
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HTC to Launch EXODUS 1s, Smartphone With Full Node Capacity
Electronics company HTC has announced that it is launching a smartphone to bring crypto and blockchain technology to a wider audience in Q3 2019. According to a press release shared with Bitcoin Magazine, “The EXODUS 1s will be the first smartphone ever to have full node capabilities” containing the full Bitcoin blockchain. дальше »
2019-5-12 22:20 | |
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Final Frontier and Bitfury Launch Regulated Bitcoin Mining Fund
Following approval from European authorities, Swiss investment firm Final Frontier is partnering with Bitfury Group to launch a regulated bitcoin mining fund for personal and institutional investors. дальше »
2019-4-26 19:00 | |
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Bitcoin’s Impending ‘Halving’ Could Spark Meteoric Price Boom
Alistair Milne, the chief investment officer at Atlanta Digital Currency Fund, has said that the block reward halving of Bitcoin could push the price of the dominant cryptocurrency to massive gains in the next 12 months. дальше »
2019-3-9 19:47 | |
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Mining Bitcoin or the ‘Crypto-Ruble’ Just Another Form of Counterfeiting, Claims Russian Banking Chief
The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the management board of VTB Bank, said Monday during an event that any person who prints digital money to replace Russian Ruble was counterfeiting the state-backed fiat. дальше »
2019-2-6 10:15 | |
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Here’s How Much Nvidia Actually Made from Crypto Mining Sales
According to a report by Markets Insider, Nvidia generated $1. 95 billion in revenue from its crypto business. Although the official financial statement of the company disclosed a $602 million crypto-related revenue, RBC analyst Mitch Steves said that the actual number is at least three times higher. дальше »
2019-2-2 04:13 | |
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Bitmain’s Struggle is Real But Analyst Says Crypto Miners are Fine
Just in the past two months, Bitmain has fired more than half of its staff, has closed an entire office in Tel Aviv, has shuffled top management, and removed two of its chief operations officers. And today, the Chinese bitcoin mining giant decided that it would close another overseas workplace – this time in Amsterdam. дальше »
2019-1-14 15:26 | |
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How Could Bitmain Destabilize And Affect The Whole Cryptocurrency Market?
How Could Bitmain Destabilize And Affect The Whole Cryptocurrency Market? Bitmain is one of the largest cryptocurrency mining companies in the whole cryptocurrency market. However, in the near future, it may replace its chief operating officers Jihan Wu and Ketuan Zhan. дальше »
2019-1-14 00:34 | |
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How a Shrinking Bitmain Could Destabilize Crypto Market Further
Bitmain Technology, the world’s largest crypto mining equipment manufacturing firm, is going to replace its chief operating officers Jihan Wu and Ketuan Zhan with a new appointee, reported the South China Morning Post. дальше »
2019-1-13 14:30 | |
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Bitmain Looking to Replace Its Two CEOs: IPO Jeopardized?
Bitmain, the Bitcoin mining giant, is reportedly looking to replace its two founders and co-CEOs with an in-house tech chief, sources told the South China Morning Post. Bitmain’s Founders Could Be Stepping Aside Ahead of the Company’s IPO The world’s largest manufacturer of cryptocurrency mining hardware is reportedly looking to replace its top management in […] The post Bitmain Looking to Replace Its Two CEOs: IPO Jeopardized? appeared first on CryptoSlate. дальше »
2019-1-12 01:54 | |
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Lunar Digital Assets CEO: Ethereum’s Constantinople Hardfork Can Signal the Death of GPU Miners
Ethereum’s Constantinople hard fork scheduled to take place later in the month will come with some irreversible repercussions. According to Han Yoon, the chief executive of Lunar Digital Assets, Ethereum mining won’t be the same again – not due to the falling profit margin, but because of the expected end of Ethereum mining. Just published […] дальше »
2019-1-10 21:06 | |
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Report Claims Chinese Mining Giant Bitmain Is Prepping for New Leadership
The cryptocurrency mining manufacturer Bitmain may have a new chief executive officer in the near future according to regional reports. Bitmain’s director of product engineering, Haichao Wang, will apparently take the lead role within the corporation but no official timetable has been announced. дальше »
2019-1-10 21:00 | |
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Bitmain Reportedly Will Sack More Than Half of Workforce
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »
2018-12-29 21:20 | |
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Bitmain Reportedly Will Sack Up to 85 Percent of Workforce
The Chinese crypto mining company Bitmain has apparently been hit hard by the bear market and is looking to sack more than half of their entire workforce. Credible rumors of this story first began to circulate on Maimai, China’s equivalent to LinkedIn, as anonymous sources on a site frequently used by Bitmain employees began reporting that the company was looking at massive layoffs in the next several days. дальше »
2018-12-27 21:20 | |
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Bitcoin Cash (BCH) on the brink of an abyss while Bitcoin Core releases new update
Bitmain fires entire BCH-focused Copernicus team A tweet made by a Chief Strategy Officer at Blockstream and former BTCC Chief Operational Officer Samson Mow suggests that Chinese Bitcoin mining giant Bitmain followed up on recent downsizing reports and laid off its entire Copernicus team, which was working on the development of Bitcoin Cash client. дальше »
2018-12-26 07:18 | |
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Ryan X Charles Talks At The CoinGeek Week Conference About Bitcoin Cash And Bitcoin SV Tokens
The Chief Executive Officer of Money Button, Ryan X Charles, was present at the CoinGeek Week Conference talking about Bitcoin Cash split, mining and scaling. He started by talking about the Bitcoin Cash (BCH) chain split explaining that they are still in the recovery phase. дальше »
2018-12-2 01:36 | |
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Hoskinson: Satoshi Did “An Amazing Thing”...But There Are Lessons to Learn
Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin. дальше »
2018-11-20 23:08 | |
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One Day After the Bitcoin Cash Hard Fork: Takeaways and Latest Developments
Bitcoin Cash, the “big block” project that forked away from the Bitcoin blockchain in August 2017, “hard forked” (split) into two different coins: “Bitcoin Cash ABC” (BCH ABC) and “Bitcoin Cash SV” (BCH SV). дальше »
2018-11-17 02:13 | |
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Coinbase Ventures Backs Home Crypto Mining Startup Coinmine
Coinmine is a new startup that aims to make in-home mining accessible for non-technical users, based in Los Angeles and founded by Farb Nivi and Justin Lambert. The company has reportedly raised about $2 million from VC funds and angel investors such as Coinbase Ventures and Tinder Chief Product Officer Brian Norgard. дальше »
2018-11-15 23:05 | |
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Australian Cloud Mining Company Receives Cease and Desist Order from Texas Regulator
The Texas State Securities Board has issued a cease and desist order to Australian cloud mining company AWS Mining PTY LTD, with claims that the company engaged in the unlawful selling of unregistered securities. дальше »
2018-11-9 19:14 | |
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Texas Regulator Issues Cease and Desist Order to Cloud Mining Company
The Texas State Securities Board has issued an emergency cease and desist order to an Australia-based cloud mining company AWS Mining PTY LTD for selling unregistered securities, according to an official notice filed Nov. дальше »
2018-11-15 17:57 | |
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Kenya’s Bithub Africa Mines Bitcoin Using Solar Power
Bithub Africa has started using off-grid solar power to mine bitcoin and ethereum. John Karanja, the founder and chief executive officer of the small Kenyan mining operation, hopes to spread the technology to the rest of the continent while exposing the lie that cryptocurrency mining poses a danger to the environment. дальше »
2018-10-31 12:50 | |
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Class Action Suits Launched Against Cryptocurrency Mining Investment Company
The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers. дальше »
2018-10-18 20:05 | |
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White House to Pit XRP Against Bitcoin Fearing China’s Mining Dominance
The U. S. administration is interested in pitting Ripple’s centralized XRP token against Bitcoin to tackle China’s crypto dominance. Cory Johnson, Ripple’s new chief marketing strategies, told Breaker Magazine that the White House is researching the consequence of China’s Bitcoin mining dominance, which currently amounts to over 80 percent. дальше »
2018-10-17 21:30 | |
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Ripple & Trump Making New Ground
The new Chief Market Strategist at Ripple, Cory Johnson has been working at the company for just under a year now, however, in a recent interview with BreakerMag the crypto-San Francisco based company is in regular discussions with Trump’s administration. дальше »
2018-10-15 15:30 | |
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Exchanges Roundup: Ledgerx Readies ETH Futures, Coinbase Partners With Caspian
In recent news pertaining to cryptocurrency exchanges, anonymous sources have stated that Ledgerx is preparing to launch ETH futures trading, Coinbase has announced a partnership with Caspian intended to target institutional investors, and the chief executive officer of Binance has shared his opinions regarding “trans-fee mining” and decentralized exchanges. дальше »
2018-9-29 12:40 | |
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New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner
Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic. дальше »
2018-9-15 01:22 | |
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Navigating Cryptocurrency Exchanges: Experts Weigh In
Although one of the primary goals of Bitcoin is to create a currency that is borderless and decentralized, a recurring concern is the way (other than mining) that we are able to actually acquire it and other cryptocurrencies. дальше »
2018-9-1 21:31 | |
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Bitmain’s Bitcoin Mining IPO Sees More Vulnerabilities and Secrets Get Unwanted Exposure
Bitcoin Mining Giant Bitmain Roasted After Exposure Of Vulnerabilities And Secrets The Chief Strategy Officer of Blockstream, Samson Mow, has recently revealed several facts and opinions about Bitmain, the Chinese mining giant which is about to launch its Initial Public Offering (IPO). дальше »
2018-8-30 22:56 | |
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Montana Senator: Closing Coal Plant Could Hurt Bitcoin Mining Industry
The crypto industry has scored another first, as a junior U. S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state. дальше »
2018-8-28 19:11 | |
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SoftBank Denies Reports of Bitmain Deal; Bitmain Still Silent
Japanese telecom giant SoftBank has denied media reports of its involvement in a pre-IPO funding round of bitcoin mining rig manufacturer Bitmain. Last week, several media outlets had reported that SoftBank and Chinese internet giant Tencent were leading a pre-IPO funding round for Bitmain. дальше »
2018-8-21 18:03 | |
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Ripple’s Cory Johnson on XRP versus Bitcoin [BTC] tech, mining in China and more
On 26th July, the Chief Market Strategist of Ripple, Cory Johnson tweeted an Instagram picture of the Fox Business panel and him, prior to his interview with the channel. During the interview, Johnson talked about XRP and its use case in the remittance industry in comparison with Bitcoin [BTC] and Ethereum [ETH]. Starting off with […] дальше »
2018-7-28 08:18 | |
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Tom Lee: ‘Bitcoin Can Reach $25,000 by End of Year’
Still in a prevailing bear market, cryptocurrency volatility has investors wondering whether a trend reversal is imminent. Co-founder at Fundstrat Global Advisors, Tom Lee confirmed his Bitcoin price prediction of $25,000 by end-of-year on July 5, 2018. дальше »
2018-7-7 14:00 | |
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Froye Tracks for Model of FCoin Crypto Exchange New ‘Trans-Fee Mining’
China-based FCoin – a new crypto exchange launched in May that takes a novel revenue model – has come under the spotlight after its trading volumes appear to have almost immediately surpassed some of the largest exchanges. дальше »
2018-6-22 18:47 | |
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