Bitcoin Mining Giant Bitmain Worth $12 Billion After Latest Funding Round
Bitmain, the Bitcoin mining behemoth, is now reportedly valued at $12 billion. This new valuation comes after the company closed ...
Tag: Bitmain
‘Intense’ Bitmain Lobbying Forcing Smaller Bitcoin Miners Out of Quebec
A month after authorities in Quebec lifted a moratorium on allowing Bitcoin miners, local businesses have begun threatening to leave ...
‘Miners Are Miners Again’: Bitcoin Core Dev Launches Alternative Mining Protocol
Bitcoin core developer Matt Corallo has launched a mining protocol, which aims to increase decentralization as Bitcoin mining becomes increasingly ...
Bitmain Approaching 51% of Total Bitcoin Network Hashrate
Bitcoin Mining giant Bitmain has mined 42% of all Bitcoin blocks this past week, steadily moving closer to controlling a ...
‘He Sounded Sincere To Me’: Jihan Wu Appears To Win Over Zcash’s Zooko
Zcash founding team member Zooko Wilcox-O’Hearn (known as Zooko) revealed he had spoken to Bitmain CEO Jihan Wu May 24, ...
Nvidia Expects 2/3 Decrease in Sales to Crypto Miners in The Next Quarter
Nvidia announced that they had a successful 1st quarter in terms of sales, in part due to the fact that ...
The Rise of Computer Power Threatens Ethereum Miners
Bitmain, the Chinese chip maker, is manufacturing hardware and chips that deliver such hash power that those using them could ...
Bitcoin Cash Burning $12 Per Day While ‘Struggling to Remain Relevant’
In what one senior analyst calls a struggle "to remain relevant," Bitcoin Cash (BCH) has been burning $12 worth of ...
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