bitcoin mining
Bitcoin Mining

Bitcoin Mining Stock Surges as Chinese Economy Falters

The economic fallout from the Coronavirus is starting to be felt across the world. China’s economy has been the hardest hit but contrary to wider market movements, bitcoin mining...

Martin Young | 2 months ago
bitcoin mining
Bitcoin Mining

Bitcoin Worth $3 Billion Expected to be Mined in 2020

According to recent estimates, bitcoin mining in 2020 is expected to take off at an explosive pace. Miners are predicted to mine around $3 billion worth of BTC as per the coin’s...

Ali | 4 months ago
Ripple's XRP 'Expected to See a Major Devaluation': Boom Bust Anchor
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 | 4 months ago
crypto mining giant canaan
News

Chinese Mining Giant Trades First Day Flat as Crypto Markets Dump 5%

Things are not looking rosy for Chinese bitcoin mining giant Canaan after day one of trading and they could get far worse today. BTC has dumped almost 4.5% in 24 hours and crypto...

Martin Young | 4 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 | 5 months 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 | 5 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 | 5 months ago
US IPO Canaan stock exchange
News

Bitcoin Mining Giant Canaan Reportedly Eyeing IPO in NY

Canaan, the second biggest Bitcoin mining hardware maker, is reportedly considering an IPO in the New York after shelving its Hong Kong IPO plans in late 2018.  Canaan Eyes US IPO...

Georgi Georgiev | 1 year ago
IPO canaan hong kong Bitcoin
Bitcoin Businesses

Bitcoin Miner ‘Canaan Creative’ IPO Will Not Happen in...

Bitcoin mining equipment maker, Canaan Creative, on Thursday (November 15, 2018) allowed its Initial Public Offering (IPO) filing to elapse. Reports suggest that the company will...

Osato Avan-Nomayo | 1 year ago
Trump Trade War Tariffs Compound Bitmain IPO Woes
News

Trump Trade War Tariffs Compound Bitmain IPO Woes

Bitmain’s beleaguered IPO faces further challenges as the latest Trump tariffs hit mining hardware. The situation is also likely to affect planned IPOs by Canaan and Ebang...

Emilio Janus | 1 year ago
Mining Firm Bitfury Debuts New ASIC Chip
Bitcoin

Mining Firm Bitfury Debuts New ASIC Chip

Bitfury has announced the release of a new Application-Specific Integrated Circuit (ASIC) chip, as well as a new generation of its Bitcoin mining hardware. The Bitcoin mining firm...

Osato Avan-Nomayo | 2 years ago
Bitmain Woes
News

Bitmain Monopoly is Showing Cracks, According to Analysts

The top cryptocurrency mining company might be losing its edge as demand for its products is under pressure and competition grows stronger, according to analysts. “The...

Georgi Georgiev | 2 years ago