News

Chinese Company Lost $23 Million Allegedly Mining Cryptocurrency in...

A subsidiary of Chinese firm Huatie has been sold off at 10 percent of its initial value following losses from suspected secret cryptocurrency mining activities amounting to about $23...

Osato Avan-Nomayo | Apr 19, 2019 | 19:00
bitcoin mining rig
Bitcoin Businesses

Top-3 Mining Rig Maker Ebang Eyes Market Turnaround in 2019

Ebang, the third largest mining equipment producer, plans to make at least 400,000 of its Ebit mining rigs in 2019. The company commands a 9.2% share of the global mining hardware...

Emilio Janus | Feb 22, 2019 | 17:00
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 | Oct 16, 2018 | 21:00

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