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...
3 Bitcoin Network Statistics Reach All-Time Highs
Bitcoin price may be losing ground, but its network is now more competitive – and secure – than ever before, new data shows. Bitcoin Mining Hashrate, Difficulty...
How Bitcoin Is Subverting The System In China
For a lot of people in China, bitcoin is more than just a trading or investment vehicle. With the oppressive Beijing regime constantly clamping down on the lives of its people, many...
FINRA Fines Ex-Merrill Lynch Employee For Mining Crypto
The U.S. Financial Industries Regulatory Authority (FINRA) has fined and suspended a former Merrill Lynch representative for cryptocurrency mining. The undeclared outside business...
Russia: Holding Bitcoin is Okay, But Using and Mining It Isn’t
The Duma (parliament) representative in Russia may finally have given some clarity on cryptocurrencies, albeit inadvertently. While announcing potential fines for miners, it stated...
Bitcoin Miner Revenue is Approaching Yearly High
Bitcoin price regained and held ground above $8000 May 24 as new data showed miner revenues had reached their highest in 10 months. Mining Reverses 2018 Bear Market Lows Data from...
China’s Resurgent Stock Market is Seeing Profits Flow Into...
China is returning to Bitcoin investment despite its ongoing trading ban, data suggests this week as the Bitcoin price holds higher. Yuan No.2 Entry Fiat Currency Statistics gathered...
Bitcoin Mining Difficulty Adjusts 10% Upwards For the First Time in...
Bitcoin continues to stabilize its network activity with a return to upward difficulty adjustments after hash rate reversed its decline last month. Bitcoin Continues To Police Itself...
Bitcoin Hash Rate Stabilizes After Mining Difficulty Adjusts to Lower...
The Bitcoin hash rate – the number of hashes per second the network is performing – has stabilized undergoing its biggest downward difficulty adjustment in seven years amid...
Cryptocurrency Mining Could Crash The Entire Power Grid Of Abkhazia
The tiny Republic of Abkhazia has high hopes that cryptocurrency mining and operations could be its solution to economic woes. But the rickety ex-Soviet electricity network is already...
Bitmain IPO in ‘Death Spiral’? Rumors Of $740M Q3 Loss as...
Fresh rumors over the financial health of Bitcoin mining giant Bitmain cast a shadow over the company again this week, suggesting it faces losses close to $1 billion. Bitmain’s...
No, Lower Bitcoin Price Won’t Start a Mining ‘Death...
A giant mining initiative sponsored by the government of Paraguay should quell fears the current Bitcoin price lows hurt the profitability of the practice. Golden Goose Will Have 15...