Mining
Miners Hide In Daqing Tombs To Mine BTC In China
Since the crypto ICO boom of 2017, Chinese authorities banned all crypto activities in the country, including trading. Traders and investors have been continuously seeking ways to beat the ban...
Read moreBitcoin Just Underwent Third Halving in Its History, What Next?
Bitcoin has just experienced a one-in-four-year event, the third halving event. That has now cut the miner block reward from 12.5 BTC to 6.25 BTC. This event was most-anticipated in...
Read moreCrypto Markets Uncertain As Bitcoin Halving Event Nears
The largest and the leading crypto by market capitalization, Bitcoin (BTC), will undergo a pre-programmed block reward reduction in hours from the time of writing. Bitcoin halving occurs in roughly...
Read moreNew Bitcoin Mining Hardware Launched As BTC Halving Approaches
MicroBT, a Bitcoin ASIC manufacturer, unveiled its new mining hardware on April 20. According to the company, the hardware possesses a hash rate of 100 terahashes per second (TH/s). The...
Read moreSBI, GMO Partners With World’s Largest Bitcoin Mining Site Operator
The latest reports revealed that the operator of the firm that will soon become the biggest Bitcoin mining facility globally signed a mega-deal with GMO internet provider and Japanese financial...
Read moreBitmain Might Offload 50% of Staff Before BTC Halving
The mining industry keeps suffering whenever the crypto markets plunge. In that context, Bitmain, the crypto mining giant, is reportedly planning to reduce its workforce by an additional 50%. On...
Read moreBitcoin Explodes Into 2020 With An All-Time High Hash Rate
2020 is already promising to become a great year for bitcoin. With the imminent halving set to take place later in the year, the flagship crypto has already hit a...
Read moreBitcoin May Plunge to $4,500 But Most Miners Are Already Dropping Out
The Bitcoin price has almost bottomed out for 2019. However, there is a major threat that still remains for the markets to drop to $4,500 according to Willy Woo. The...
Read moreIran Cracks the Whip on Illegal Cryptocurrency Mining Operations
Crypto mining activities are seemingly increasing despite the price drops in the digital assets markets. In that context, Iranian authorities are striving to curb illegal crypto activities. According to the...
Read moreBitcoin Miner Canaan Creative’s Revenue Approaches $100M as IPO Looms
Canaan Creative, a Bitcoin Mining behemoth has got about $100 million in revenue in 2019. However, it remains more than $30 million in the red. Canaan announced its Q3 net...
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