bitcoin BTC 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 | 7 months 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 | 7 months ago
tezos lawsuit
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 | 7 months 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 | 8 months 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 | 8 months 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 | 8 months 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 | 8 months 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 | 9 months ago
canaan crypto 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 | 9 months ago
bitcoin mining
ASIC miners

Explosive Mining Growth Indicates High Confidence in Bitcoin (BTC)

Bitcoin miners are not giving up, showing immense confidence and working against significant network difficulty. The last difficulty hike from September 13 made it 10.38% less likely...

Christine Vasileva | 10 months ago
Bitmain Begins Expansion into South America
Bitcoin Mining

Bitmain to Increase Hashrate By 50% With 600,000 New Mining Chips

Showing renewed optimism, Bitmain is increasing its investments in the crypto mining industry. Now, Bitmain is reportedly buying 600,000 new crypto mining chips. As a result of this...

Julio Gil-Pulgar | 11 months ago
Bitmain Begins Expansion into South America
Bitcoin

Bitmain Loses $625 Million In Two Months, But Pins Hopes On New Tech

Bitcoin mining rig manufacturer, Bitmain, reportedly made losses of $625 million in the first two months of 2019. However, it has high hopes for a turnaround based on demand for new...

Emilio Janus | 11 months ago