Bitcoin Mining
Is Chinese Bitcoin Mining Firm Canaan’s $400M IPO a Desperate...
Chinese bitcoin mining hardware maker, Canaan, plans to raise $400 million through public sale of its stocks. But will the IPO ride be smooth or bumpy? Volatility is usual for...
Do Bitcoin Miners Influence BTC Price Action?
Recent research has taken a closer look into bitcoin prices and miner flows to crypto exchanges. There have been clear spikes as expected when larger mining pools liquidate but the...
Bitcoin Mining is Not Banned in China: Report
All bitcoin and crypto market bullishness is emanating from China at the moment. One industry insider has just revealed that, contrary to earlier reports, China will not be banning...
Bitcoin Miners in Canada Uncover Green Energy Breakthrough
Canadian gas companies are using trapped natural gas to fuel Bitcoin mining, instead of simply having it flared to the atmosphere. Bitcoin mining is renowned for requiring a lot of...
Bitmain Loses Bitcoin Mining Pool Dominance Amid Internal Issues
Antpool and BTC.com have lost a bit of their old glory, significantly shrinking the share of Bitcoin block rewards on a daily and weekly basis. The BTC mining pools, headed by Bitmain...
Russian Bitcoin Miner Wants To Control 20 Percent of Global BTC...
Bitcoin mining will breathe new life in a closed Russian aluminum plant which lost access to American customers following the introduction of U.S. sanctions in April 2018. Russian...
Why Bitcoin Mining is Still a Very Lucrative Venture
Bitcoin prices are still extremely volatile and, as we saw at the weekend, experience wild swings in both directions. This trend is likely to continue until distribution evens out and...
Bitcoin’s Energy Consumption Nears Belgium, Finland Figures
Bitcoin’s hashrate reached new record highs this week, leading one study to estimate its total energy consumption now matches some EU nations. More Power Than Belgium? According to...
Bitmain Texas Bitcoin Farm Combats China Mining Monopoly
Bitcoin mining giant Bitmain has unveiled a new US facility which could become the biggest mining operation in the world. The newly proposed 33,000 acre farm is a positive step in...
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...
Bitcoin Miners Prepare For 18 Millionth Coin As Just 14% Of Supply...
Bitcoin miners will mine the 18 millionth BTC this week, leaving just 3 million left to release before mining stops in the distant year 2140. 3 Million BTC, 120 Years Data from...
Cost of Storing Bitcoin Increasing, Currently Estimated at 2.1% pa
There are a number of costs associated with using bitcoin and while it is still far cheaper than using traditional banks, they still need to be accounted for. Storage of the digital...