Russians sell off mining equipment

News	2018-11-29 16:12

With bitcoin falling down, Russian miners get rid of equipment. But not only the price of cryptocurrency fell. The demand for mining equipment also declined.

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Источник: coinfox.info

equipment mining → Результатов: 118

Alibaba to ban the sale of crypto mining equipment from October

China has increased its crackdown on crypto-related activities, and this has resulted in users… The post Alibaba to ban the sale of crypto mining equipment from October appeared first on Coin Journal.

2021-9-28 13:47	Mining
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Mining Bitcoin Forks Has Become More Profitable Than BTC Itself, Miners Pulling Out

For a long time, Bitcoin has stood the test of time as the most profitable crypto to mine, and thousands of miners have set up bases all across the world. Hardware manufacturers have developed equipment specifically designed for BTC mining.

2018-11-28 23:38
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Russian Miners Sell Their Equipment Amid Market Plunge

A growing number of Russian miners are looking to sell their hardware. The recent market correction has decreased the profitability of minting digital coins, especially for enthusiasts who are mining in their homes, basements and garages.

2018-11-27 14:20
russian miners sell market hardware mining used

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$5 Million Lawsuit Against Bitmain Filed in Northern California

A class-action lawsuit for over $5 million has been filed in northern California against Chinese mining giant Bitmain. The company is being accused of utilizing customers’ newly purchased machines to mine cryptocurrency at full power for its own benefit while customers were configuring their equipment.

2018-11-27 21:38	Law & justice
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Mining Rigs Going Offline Lead to Hashrate Drop in November

The lower hashrate for Bitcoin was affected by the hash wars, but there is evidence that mining farms are retiring their equipment.

2018-11-26 15:42	News
hashrate mining wars hash equipment retiring farms

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Michael Moro Acknowledges The Crypto Market Ugliness, Optimistic Bitcoin’s Bottom Is $3,000

In an interview with CNBC, Michael Moro, CEO of trading firms Genesis Trading and Genesis Capital Trading, revealed that he expects to see a continued downward trend, ‘until you kind of hit the 3K-flat level'.

2018-11-26 11:23	News
moro trading michael genesis bitcoin until level

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Bitcoin Price Crash Forces the Chinese Miners to Sell Their Equipment As Junk

It is not only the HODLers who are affected by the recent dip in the price of bitcoin, as a report by International Times, published November 23, 2018, posits that cryptocurrency miners in China are selling their expensive mining rigs at giveaway prices.

2018-11-25 00:00
bitcoin cryptocurrency miners mining price blockchain breakeven

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Chinese Firms Selling Crypto Mining Equipment by Weight

Chinese crypto mining ventures are selling off all of their old equipment by the weight rather than by the unit.

2018-11-23 14:29	News
chinese weight equipment selling crypto mining old

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What happens if Bitmain builds new ASIC for SiaCoin (SC) mining? Will SC keep hard-forking to oblivion?

Sia has their own subsidiary for ASIC mining equipment production called Obelisk. The move to ban the ASICs from other manufacturers is a clear protectionism from Sia developers as their product got beaten in the free market.

2018-11-18 05:15	Crypto Journal
asic mining sia team obelisk oblivion builds

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Troubled Waters as Leading Bitcoin Mining Firm Allows IPO Application Elapse

One of the world’s largest crypto mining firms, Canaan Inc, has announced its application for an initial product offering (IPO) to the Stock Exchange of Hong Kong (HKEX) lapse. The move has also cast a shadow of doubt on what lies in stock for other cryptocurrency equipment makers: Will there be any more surprises, or will one of the remaining.

2018-11-17 01:00	Regulations
cryptocurrency stock application one ipo mining bitcoin

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Nvidia Misses Q3 Revenue Target as Cryptocurrency Slump Weighs on Business

Shares of Nvidia plunged as much as 17 percent in after-hours trading on the Nasdaq Stock Market on Thursday, after the U. S. bitcoin mining equipment maker reported unexpectedly weak revenue for the third quarter.

2018-11-16 17:30
nvidia revenue trading percent bitcoin business misses

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Nvidia Revenue Growth Cools amid Crypto Market Shock Waves

The collapse of cryptocurrency prices hurt the financial results of the company, whose chips are used in mining equipment.

2018-11-16 14:34	News
company financial results whose chips mining equipment

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Bitcoin Miner ‘Canaan Creative’ IPO Will Not Happen in 2018

Bitcoin mining equipment maker, Canaan Creative, on Thursday (November 15, 2018) allowed its Initial Public Offering (IPO) filing to elapse. Reports suggest that the company will shelve its IPO plans at least for the remainder of the year.

2018-11-15 23:00
ipo canaan creative 2018 bitcoin allowed company

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Canaan’s Hong Kong Listing Plans in Limbo

Plans by bitcoin mining equipment manufacturer Canaan to list shares on the Hong Kong stock exchange are now uncertain, as the Chinese company’s application for an initial public offering (IPO) expired on Nov.

2018-11-15 21:05
plans canaan hong kong bitcoin listing limbo

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Canaan’s IPO Less Probable after HKEX Application Lapses

Chinese Bitcoin mining equipment maker Canaan doesn’t plan to continue with its IPO, as it lets its application lapse.

2018-11-15 20:14	News
canaan application ipo continue plan lapse doesn

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GMO Postpones Shipments of 7nm Bitcoin Equipment

Japan’s GMO Internet has postponed the shipments of its two lines of 7nm bitcoin mining rigs. A representative of the company has clarified the situation to news. Bitcoin. com, noting that some refunds have already been issued.

2018-11-14 04:45	Virtual Currency
bitcoin 7nm shipments gmo company mining postpones

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Japanese Internet Giant GMO Postpones Shipments of 7nm Bitcoin Mining Equipment

2018-11-14 04:45	Virtual Currency
bitcoin mining internet gmo 7nm shipments company

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Bitfury Acquires Minority Stake in Final Frontier, Aims To Expand Services

The Bitfury Group has acquired a minority stake in blockchain services firm Final Frontier. Both organizations are looking to utilize each other’s knowledge and experience in the traditional and digital finance spaces to potentially release a new line of financial products and services designed to assist professional investors in getting their hands on digital assets.

2018-11-14 00:53	Investing
blockchain bitfury final frontier company services traditional

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[Breaking] Chinese Crypto Media Outlet Says Bitmain’s Jihan Wu has Lost Executive Power with Board

Jihan Wu, the co-founder of Bitmain, one of the largest Bitcoin mining equipment manufacturers in the whole world, is reportedly no longer able to use executive power to decide the future of Bitmain.

2018-11-13 20:30	News
bitmain executive original power jihan media chinese

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Jihan Wu loses his decision-making power in Bitmain

Jihan Wu, the head of Bitmain, the largest mining equipment manufacturer, and the worldwide known “face” of the company for years, left the board of directors of Bitmain. Now he will not be able to participate in the decision-making process.

2018-11-14 16:26	News
bitmain jihan decision-making board directors left able

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Japanese IT Gaint GMO Internet, Reveals a Boost in Profit From Cryptocurrency Business

The Japanese Technology Giant GMO Internet just published its report for the third quarter. According to the report, the IT company recorded continuous viable performance in its crypto-related businesses.

2018-11-12 20:54
gmo japanese report business internet boost gaint

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Vietnam at Crossroads on Cryptocurrency Regulations

Vietnamese authorities are still considering their approach to regulating the cryptocurrency space. The Ministry of Justice has put forward several alternative solutions and the Ministry of Industry and Trade has expressed its opposition to the ban on imports of mining equipment.

2018-11-11 22:00
ministry cryptocurrency vietnam justice regulations crossroads arbitration

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Bitfury’s Billion Dollar Valuation Shows Bitcoin Mining Network’s Growth And Interest Is Climbing

Bitcoin Mining Market Continues To Draw Interest Despite Various Reports Suggesting Otherwise Even though the past couple of months have seen a host of news stories suggesting that the Bitcoin Mining industry has been losing traction globally, BTC mining equipment manufacturer, Bitfury, recently announced that it been successful in securing a valuation of $1 billion […]

2018-11-8 19:03	News
mining bitcoin bitfury interest billion suggesting valuation

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Sia Completes Hard Fork as Bricked Miners Form Rival Blockchain

Innosilicon's mining equipment no longer works on Sia following a planned algorithm change. But not everyone went along with the fork.

2018-11-2 21:30
sia fork algorithm change planned following along

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Cryptonoras: Legit Cryptocurrency Mining And Wallet Service?

What Is Cryptonoras? Cryptonoras is a Norway-based cryptocurrency cloud-mining platform that promises to generate daily profits for its users through its cryptocurrency cloud mining service. The platform seeks to make cryptocurrency mining accessible to everyone without necessarily having to purchase the capital-intensive mining equipment or waste a lot of time setting up mining hardware. How Cryptonoras Mining […]

2018-10-26 11:14
mining cryptonoras cryptocurrency platform service equipment capital-intensive

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Coinbase reportedly eyes IPO with multi-billion valuation

Following major world manufacturers of mining equipment, Coinbase, the US-based cryptocurrency exchange and wallet, set sights on the traditional method to raise financing through public sale of its shares.

2018-10-26 12:23	News
coinbase wallet traditional sights method set sale

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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini

Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.

2018-10-24 19:38	Op-ed
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Wasteful? Iceland Farmers Says Bitcoin Mining is ‘Too Good to Be True’

A relatively small cryptocurrency mining operation in Iceland has come up with a simple, yet effective solution cryptocurrency mining’s electricity issues. It uses excessive geothermal energy from farmers’ machines to power up the mining equipment in a win-win situation.

2018-10-23 23:00
mining farmers cryptocurrency iceland hennesdottir uses wasteful

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MinedBlock ICO

MinedBlock offers the opportunity for investors to take advantage of using the resources from a large scale mining operation, mining multiple coins without the need to buy, configure and maintain expensive mining equipment.

2018-10-22 17:05
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Trump Tariffs to Impact Chinese Mining Hardware Manufacturers

The escalating U. S. – China trade war threatens to have an adverse impact on the operations of Chinese mining equipment manufacturers, with imports of mining hardware now facing stateside tariffs of more than 25 percent.

2018-10-19 07:32	trump
mining hardware chinese tariffs manufacturers impact trump

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Chinese Bitcoin Mining Equipment Manufacturers Suffer Setback as Trump Increases Tariffs

Bitmain’s $3 billion initial public offering (IPO), as well as that of other Chinese bitcoin mining equipment manufacturers such as Canaan and Ebang, may be adversely affected by the June categorization of the firm’s Antminer S9 ASICs miners as “electrical machinery apparatus.

2018-10-19 05:00	Regulations
chinese equipment bitcoin mining manufacturers list goods

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21coinworld: Real Cryptocurrency Mining Hardware Equipment?

What Is 21coinworld? 21CoinWorld is a decentralized platform that provides mining solutions for various cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Monero. The platform promises to explore the market on behalf of its users and find the most profitable cryptocurrency to mine.

2018-10-11 12:28
21coinworld cryptocurrency bitcoin users platform mining most

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Federal Election Committee Asked to Consider Crypto Mining for Political Contributions

OsiaNetwork LLC has reached out to the Federal Election Committee (FEC) in the hopes that it will allow computer sharing for crypto mining for campaign donations. Osia says it would like to be the platform in which volunteers share their computer power to mine cryptocurrencies, which are then donated to political campaigns of their choice.

2018-10-5 23:57	Mining
osianetwork volunteers osia campaigns mining political committee

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Monero slams crypto-jackers after mining malware hits government sites

The Monero community has publicly denounced the individuals behind the massive cryptocurrency mining malware campaign, designed to steal users’ computing power to illegitimately bank on XMR. “The Monero community condemns this malicious, non-consensual use of equipment to mine,” the statement reads.

2018-9-28 16:38	hard fork
monero malware community mining necessary crypto-jackers tools

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IPO of Crypto Mining Giant Bitmain Could Pose More Risks Than Benefits

Bitmain, the world’s largest crypto mining equipment manufacturer, has filed for an initial public offering (IPO) with the Hong Kong Stock Exchange (HKSE) after recording staggering year-on-year growth.

2018-9-28 13:10	Mining
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NBA’s Houston Rockets Land Sponsorship Deal with Bitcoin Mining Subsidiary AntPool

Bitcoin mining company AntPool, owned by Bitmain, one of the largest manufacturers of mining rigs in the world, landed a sponsorship deal with professional U. S. basketball team the Houston Rockets, The South China Morning Post reported on September 24, 2018.

2018-9-25 01:00	#investment
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Decred Mining See’s Huge Boost With New Bitmain ASIC Mining Rig

Bitmain have announced the release of a new mining rig, specifically designed for the mining of Decred. Named the Antminer D3, the new rig will mine Decred at 7. 8 TH/s. The mining economy is sat within a spot of difficulty at the moment.

2018-9-24 15:30	Mining
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Bitmain Rolls Out New ASIC Chip for Crypto Mining

China's Bitmain, which runs some of the largest crypto mining pools in the world, has unveiled a next-generation ASIC chip said to further enhance mining equipment performance.

2018-9-24 12:04	News
mining crypto bitmain chip asic unveiled world

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HashPlanet: Profitable Bitcoin Cloud Mining Investment Option?

HashPlanet is a cloud-mining platform that aims at providing cryptocurrency miners with reliable and low cost Bitcoin mining solutions. The platform utilizes technologically advanced Antminer equipment to mine Bitcoin 24/7.

2018-9-21 18:56
bitcoin platform hashplanet antminer equipment mining miners

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The Daily: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub

Following a decision to recognize mining as an industry, the Islamic Republic of Iran is about to legalize the import of mining equipment. Also in The Daily, an executive at a leading Spanish bank insists cryptocurrencies are “perfect” and must be understood; trying to better understand the crypto space, Cyprus has set up a fintech […] The post The Daily: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub appeared first on Bitcoin News.

2018-9-19 11:55	Zimbabwe
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[promoted] Hashtoro Propels Cryptocurrency Cloud Mining

As an emerging cog in the global digital economy, cloud mining offers a tool for enthusiasts to mine cryptocurrencies such as bitcoin without having to acquire hardware or other oft-required elements.

2018-9-11 16:09	Bitcoin
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BitFury Tbilisi Introduces New Cooling System

BitFury, a crypto mining equipment manufacturer, is now using low environmental impact refrigeration technology to maintain crypto-mining equipment at its mining farm in Tbilisi. It entails a method of immersing Bitcoin mining devices in tanks containing a non-conductive liquid to keep them cold.

2018-9-20 12:18	Mining
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Interested In Cloud Mining? Here Are The Top Providers Of 2018

Cloud mining is the easiest way for newbies to get into cryptocurrency mining, without having to purchase any of the expensive equipment or deal with the high associated costs, from the likes of energy bills etc.

2018-9-4 16:00	Mining
mining cloud providers likes interested radar 2018

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A Former Mine in Norway is Providing a Sustainable Alternative for Bitcoin

Where miners once stood to mine olivine, computer equipment has now taken centre stage. Located in the fjords of Norway is a former olivine mineral mine that began its operations in the late 1970s.

2018-8-31 15:17
mine bitcoin former norway olivine alternative centre

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5 Million USD Collected in One Day on Pre-orders for the New Generation 7nm Mineberg Miners

In December 2018, the long-awaited mining equipment - Mineberg BTC Immersion Chassis with a hashing power of 130 terahashes per second based on the new BitWare 7nm SHA256 ASIC chip - will appear on the market.

2018-8-31 10:47
new 7nm mineberg million generation miners collected

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5 million USD collected in one day on pre-orders for the new generation 7nm Mineberg miners

In December 2018, the long-awaited mining equipment – Mineberg BTC Immersion Chassis with a hashing power of 130 terahashes per second based on the new BitWare 7nm SHA256 ASIC chip – will appear on the market.

2018-8-30 23:06	pr
new 7nm mineberg per sha256 second miners

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The Relevance of Cloud Mining Investment

Cloud mining is definitely a valid source of investment. And in the statement below I’ll try to prove why. Cloud mining permits users to purchase mining power of the equipment set in remote data centers, rather than utilize their own machines.

2018-8-30 11:08	litecoin
mining cloud investment own machines rather centers

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Chinese Bitcoin Mining Rig Makers Set to Make Billions with IPO Plans

The big three in the world of bitcoin mining equipment manufacturers are all planning to list in Hong Kong and raise billions of dollars in the process. An August 27, 2018, Reuters report examined how Bitmain, Canaan Creative, and Ebang are going about their billion dollar IPO plans.

2018-8-30 05:00	Mining
ipo plans billions mining bitcoin billion dollar

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DPW Holdings New Hydroelectric Dam Is A Crypto Mining Revolution

Valatie Falls Hydroelectric Dam, New York, is set to see a new life within cryptocurrency mining, after firm DPW Holdings Inc made a bid to purchase the aging dam in March 2018. This will see a new cryptocurrency mining branch open up within DPW Holdings, a brave move considering the falling profitability of cryptocurrency mining as a result of depleting values from currencies such as Bitcoin and Litecoin and of course, an increase in the price of energy and mining equipment.

2018-8-28 14:00	Mining
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Tether Open-Sources Bitcoin Mining OS, Targeting Home Rigs to Global Industrial Farms

Key Takeaways: Tether unveiled Mining OS (MOS), a complete Bitcoin mining platform designed according to open-source model The system can implement from small-sized mining rigs at home to big multi-site The post Tether Open-Sources Bitcoin Mining OS, Targeting Home Rigs to Global Industrial Farms appeared first on CryptoNinjas.

White House Talks Stablecoin Yield as Crypto, Banks Push US Market Structure Bill

Key Takeaways: Crypto industry and banking leaders met at White House to discuss about regulation on stablecoin yield. Talks aim to unlease bottlenecks, foster the progress of the Digital Asset The post White House Talks Stablecoin Yield as Crypto, Banks Push US Market Structure Bill appeared first on CryptoNinjas.

Ripple Secures $280M Diamond Tokenization as UAE Pushes Real-World Assets Onto XRPL

Key Takeaways: Billiton Diamond and Ctrl Alt have tokenized more than 280 million polished diamonds in the UAE. The program utilizes the use of the XRP Ledger, and Ripple offers The post Ripple Secures $280M Diamond Tokenization as UAE Pushes Real-World Assets Onto XRPL appeared first on CryptoNinjas.

Ethereum builders shrug off ETH decline as network activity holds steady

By several measures, activity on the network remains near peak levels, which has industry leaders plussed about the plunge in ether's price.

Flare unveils new way for XRP holders to earn yield through a massive DeFi upgrade

Users can now lend FXRP to earn yield or use it as collateral to borrow other assets, giving XRP holders new ways to put their tokens to work onchain.

Galaxy Digital shares plunge over 6% in pre-market over $482 million Q4 loss

Galaxy generated $426 million in adjusted gross profit for the full year and ended it with $2.6 billion in cash and stablecoins, despite the significant quarterly loss.

Strategy slides toward eighth straight monthly decline

Last year marked the second-worst annual performance since Strategy adopted its bitcoin treasury strategy.

2018-11-29 16:12

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