Canaan bitcoin miner maker share price crashes 40%
News

Bitcoin Miner Manufacturer Canaan’s Shares Crash 40%

Canaan shares recently crashed by as much as 40% on Nasdaq, which was likely caused by the continuous pressure on Bitcoin price. Bitcoin miners are in a tight spot once again, as...

Ali | 17 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 | 2 days 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 | 2 days 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
Bitmain US court motion to dismiss denied
News

Bitmain Lawsuit Heats Up, Plaintiffs Fight Motion to Dismiss

United Corp, a Florida-based cryptocurrency company that sued Bitmain in December 2018, contested the mining giant’s motion to dismiss the case in a US court this week.  A...

Ali | 2 weeks ago
Bitmain Begins Expansion into South America
News

Bitmain’s Jihan Wu Announces Two New Antminer 17 Miners

This week, Bitmain Co-Founder, Jihan Wu, announced the launch of two new Antminer 17 series miners at the World Digital Mining Summit. The World Digital Mining Summit saw quite a bit...

Ali | 2 weeks ago
Canaan mining IPO asks for $100 Million
ASIC miners

Canaan Mining May Settle for Modest $100M IPO

Canaan Mining’s IPO in New York may raise only $100 million, at least based on recent edits to the prospectus. The company will aim to list on NASDAQ and become the first Chinese...

Christine Vasileva | 4 weeks 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
CFTC Chairman, America Should Lead Blockchain Space
ASIC miners

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...

Christine Vasileva | 1 month ago
bitcoin mining is lucrative
Bitcoin Mining

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...

Martin Young | 2 months ago
Bitmain Bitcoin Mining Texas
News

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...

Anja van Oosterhout | 2 months ago

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