Bitcoin mining industry experiences worst year in half decade
Bitcoin

Bitcoin Mining Experiences Worst Year in Half a Decade

Bitcoin miners held a stunning competition in 2019, lifting both the hashrate and difficulty to all-time highs. But it turns out for significant stretches, mining pools absorbed...

Christine Vasileva | 16 hours ago
bitcoin mining in china
Bitcoin

Chinese Bitcoin Miners Control Two-Thirds of Global Hashrate

Chinese Bitcoin miners have extended their share of the global hash rate. Currently, they control two-thirds of Bitcoin’s processing power, Reuters reported yesterday, citing a...

Anatol Antonovici | 16 hours ago
Bitmain Begins Expansion into South America
Bitcoin Mining

Bitmain Begins Expansion into South America

Bitmain is looking to establish a significant presence as it partners with two Bitcoin mining consulting firms. Meanwhile, co-founder Jihan Wu continues to consolidate his hold on the...

Osato Avan-Nomayo | 18 hours ago
bitcoin mining
Bitcoin Mining

Digital Gold Rush: Bitcoin Mining Boom Coming to American West

Sentiment in the crypto industry is generally bearish at the moment as bitcoin takes another turn south and threatens to drop into the $6k region again. BTC mining outfits are...

Martin Young | 1 week ago
crypto mining to revive ghost town in california
Bitcoin Mining

Crypto Mining To Revive Abandoned Town in California

Visionaries bought Cerro Gordo, a remote 150-year-old ghost town in California. They plan to convert the abandoned mining town into a crypto and blockchain haven. Bringing New Mining...

Julio Gil-Pulgar | 1 week ago
georgia crypto bitcoin mining
Bitcoin Mining

IMF Calls on Georgia to Evaluate Crypto Income for Trade Balance

The International Monetary Fund (IMF) recommends that Georgia include the income from crypto trade and mining in its foreign trade balance reports. IMF Welcomes More Transparency on...

Anatol Antonovici | 2 weeks ago
bitcoin mining russia largest
Bitcoin Mining

New Siberian Bitcoin Mining Farm is Russia’s Largest

BitRiver, the newly launched mining farm in Siberia, is now Russia’s largest bitcoin (BTC) mining facility. Mining billionaire Oleg Deripaska’s venture is already attracting...

Christine Vasileva | 3 weeks ago
bitcoin mining firm canaan desperate IPO
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...

Ali | 1 month ago
bitcoin price us china trade deal
Bitcoin Price

Bitcoin Price Dips Despite Positive U.S. China Trade Talks

Bitcoin price slipped today as trade talks between the United States and China took a positive turn. According to reports, China may ease tariffs against US imports suggesting that a...

Christine Vasileva | 1 month ago
bitmain power struggle
Breaking News

Bitmain Power Struggle Heats Up as Co-Founder Wrestles For Control

Chinese mining giant Bitmain is in the midst of a power struggle. Co-founder Micree Zhan who was ousted last week has returned with a vengeance asserting that he will use a legal team...

Martin Young | 1 month ago
bitcoin btc mining china
Breaking News

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...

Martin Young | 1 month ago
Bitcoin Mining Efforts to Utilize Natural Gas as Fuel are Paying Off Well
Bitcoin Mining

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...

Ali | 1 month ago

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