• Cloud mining service providers have been facing hard times ever since the Bitcoin price dropped below $320. Whereas major Bitcoin cloud mining service providers had to shut down operations for an undisclosed amount of time, new companies started appearing all over the internet. XScrypt is one of those cloud mining companies, but it looks like the “company” has gone bust after multiple issues with payouts. Also read: MIT’s Enigma: Decentralized Cloud Platform with Guaranteed Privacy

    XScrypt Cloud Mining Provider Shows True Ponzi Colors?

    | 2015/07/28 8:00 am
  • NiceHash Brings Advanced Cryptocurrency Cloud Mining, Hash Rental and Multipool Now users can rent hashing power by simply placing an order and lease their rigs as simple as using a multipool thanks to NiceHash, the most advanced crypto currency cloud mining, hash rental and multipool. With its worldwide presence, NiceHash is optimal for hashing power sellers i.e. mining rigs owners and hashing power buyers located in Europe, Russia, USA , China and other near regions

    NiceHash Brings Advanced Cryptocurrency Cloud Mining, Hash Rental and Multipool

    | 2015/06/27 5:30 pm
  • Disclosure: Mintsy provided us with a 100 gh/s contract to test the features while it is in beta mode. Mintsy, a new cloud mining service that is part of the Cryptsy ecosystem is currently in beta invite only. We were able to get an invite and test the service as it stands so far. Mintsy has several interesting features not the least of which is proof of mining. Also Read:  Review: Avalon 4.1, 1 th/s

    Mintsy Mining Contracts Simple to Use and Backed by Proof of Mining

    | 2015/05/27 3:30 am
  • Sfards, a Bitcoin mining company that uses advanced semiconductor technology to develop the future of Bitcoin mining chips, is organizing a contest for the most creative miner designers from May 11 to 17. Prizes include one bitcoin for the winner, as well as consolation prizes for the other participants. Disclaimer: This article was written with information provided by Sfards. Bitcoinist is not affiliated with Sfards and is not responsible for its products and/or services. Though the company

    Sfards to Host Contest For Creative Miner Designers

    | 2015/05/11 12:00 pm
  • Litecoin will go down in the digital currency history books as the second cryptocurrency to ever employ a different algorithm than Bitcoin’s. Ever since Litecoin’s creation, we have seen many Scrypt-based alternate currencies emerge, yet Litecoin will always remain the very first to do so, cementing its legacy. However, it looks like a rebrand is in order for Litecoin. Also read: Litecoin Association Takes Step Forward and Launches Litecoin.com Litecoin: First Scrypt Coin, Little Innovation Since Many

    Litecoin Undergoes Changes With Official Branding Guide

    | 2015/04/20 3:00 pm
  • Sfards recently announced the completion of tape out and now are announcing their testing results. The results look good being that the chip is 28nm and processes both SHA-256 and Scrypt algorithms. Formed from Gridseed and WiiBox, Sfards has the dual miner experience from Gridseed as a base with the controller tech of WiiBox. Depending on the density of each unit they could do very well. Also Read: SFARDS (formerly Gridseed) Announced World’s First 28nm

    Sfards Shares Chip Test Results, Will Open Source Design

    | 2015/04/15 4:40 am
  • KNC is a well-known mining company based in Sweden for releasing ASICs last year of massive hash rate, namely the Scrypt ASIC miner Titan. At time of announcement when Scrypt was still heavily GPU mineable, the Titan was capable of hashing 250-300 mh/s, and up to 400mh/s for the second batch of orders at a equally titanic price of $10,000. Also Read: Bitcoinist News Bits: The KnC Lawsuit Investigation Shortly after KNC delivered the first Titans,

    Customers Detail KNC Fraud, Lawsuit Launches Soon Part 1 of 3

    | 2015/03/24 8:00 am
  • FinalHash CTO Marshall Long announced that they had just closed the deal on purchasing Betarigs. Betarigs is a popular service that allows Bitcoin and Cryptocurrency miners to rent hash power and point it at their pools or even lease out their personal miners to others. FinalHash has been part of the Bitcoin and Cryptocurrency ecosystem for quite a while behind the scenes. They have become more visibly active hosting recent the Hashers United conference in

    FinalHash Purchases Betarigs, Will Roll Out New Features In The Near Future

    | 2015/01/29 10:34 am
  • Everything is happening incredibly fast. We are growing and our services are evolving so rapidly we sometimes even forget to mention all that we achieved. Sharing news is something that we should definitely do more often, and as an attempt for improvement, we hereby present you some of our latest accomplishments. We hope that this will only make you want to know more!  Price Reduction- This is simply incredible. We have never thought it will

    Genesis Mining- the World’s leading hashpower provider- What’s new?

    | 2014/11/11 12:55 pm
  • Everything is happening incredibly fast. We are growing and our services are evolving so rapidly we sometimes even forget to mention all that we achieved. Sharing news is something that we should definitely do more often, and as an attempt for improvement, we hereby present you some of our latest accomplishments. We hope that this will only make you want to know more!  Price Reduction- This is simply incredible. We have never thought it will

    Genesis Mining- the World’s leading hashpower provider- What’s new?

    | 2014/07/25 2:08 pm
  •  Bitmain is proud to announce the sale of AntMiner S3 for 0.75 BTC each to include International shipping.  S3 is hashing at 478 GH/s while consumes 366 Watt power from the wall. AntMiner S3 is the third generation Bitcoin mining rig made by Bitmain. It uses the state of the art BM1382 chip powered by the 28nm tech process with ultra-low power consumption, targeting the best combination of power efficiency and low capital expenditure for

    AntMiner S3 for sales shipping starts from July 10th

    | 2014/06/30 5:21 pm