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Bitmain Shifts Miner Sales Tactics, Betting Big on Bitcoin Halving Pump
10.12.2019
Bitmain has retooled its strategy for selling bitcoin miners, betting big that the cryptocurrency’s price will rally with next year's halving
Nvidia Battles Shareholders in Lawsuit Over Crypto Miner Claims
9.12.2019
Chip making giant Nvidia has been making its case for why a court should dismiss a lawsuit alleging it misled investors over the demand for its graphics cards from cryptocurrency miners
Canadian Bitcoin Miner Goes Bankrupt Indebted To Taxpayers
6.12.2019
Source: Istock/Golden_Brown
Canada-based Bitcoin (BTC) miner and AI data processor Great North Data has filed for insolvency, leaving behind millions of dollars in debt. In an unusual situation for a cryptocurrency miner, these include hundreds of thousands of dollars the company owes to Canadian...
Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions
5.12.2019
Great North Data, a firm that ran bitcoin mining and AI processing data centers in Canada, has filed for bankruptcy. According to bankruptcy filings late in November, the firm has just 4.6 million Canadian dollars (US$3.5 million) in assets, but owes creditors CA$13.2 million (US$10 million),...
As Halving Interest Grows, Spectators Discuss Miner Hoards and Capitulation
28.11.2019
Recently, cryptocurrency advocates have been discussing the upcoming halvings set to happen on the BTC and BCH blockchains in six months or less. Since crypto prices have been heading southbound, the SHA256 consensus hashrate continues to remain relatively unfazed and data stemming from freshly...
Leaked Passwords, Miner Capitulations and 20 Crypto Jokes
23.11.2019
This week saw personal data and passwords of GateHub wallet users leaked online, as well as discussions about 80,000 Bitcoins stolen from Mt. Gox. We learned that BTC may dip below USD 7K before the halving (and it did), and miners may or may not be capitulating. Meanwhile, Ethereum managed...
Bitcoin Mining Difficulty, Hash Rate Up; Miner Capitulation Postponed?
22.11.2019
While the price of Bitcoin (BTC) is dropping, the mining difficulty and hash rate went up. This has led some market observers to believe that we may not see a mass miner capitulation yet.
When the price drops and mining revenues decrease, miners who struggle to earn profits are forced to shut...
Bitcoin Miner Canaan’s IPO Nets Just $90M After Losing Banking Partner
21.11.2019
Canaan completes $90M IPO without major backer Credit Suisse
Miner Capitulation Speculated in Light of Falling Bitcoin Price
19.11.2019
As the price of Bitcoin (BTC) continues to drop, there’s been talk that many Bitcoin miners will have to start shutting down their machines.
The world’s most expensive cryptocurrency has been getting cheaper lately, dropping below USD 9,000 on November 8, and some experts estimate it could go below...
Bitcoin Miner Maker Canaan Sets $100 Million Target for US IPO
14.11.2019
Canaan, the world's second-largest bitcoin miner maker, is aiming to raise $100 million with its initial public offering
Crypto Miner Steals $5M Worth of Computing Power Using Identity of Riot Games Founder
7.11.2019
A crypto miner stole the identity of a co-founder of the game developer behind League of Legends to illegally access $5 million in computing power
Bitcoin Miner Canaan Creative’s 2019 Revenue Nears $100M Ahead of IPO
7.11.2019
Mixed financial results for Canaan as IPO nears
Avalon Bitcoin Miner Maker Canaan Posts $13 Million Q3 Profit in New Filing
7.11.2019
Canaan, the world's second-largest bitcoin miner maker, has recorded $13 million in net profit for Q3 2019, following bitcoin price's bull run since April this year
UK Bitcoin Miner Eyes 240% Capacity Boost With New $10M Hardware Order
30.10.2019
U.K.-based Bitcoin mining firm Argo Blockchain has doubled its order of new cryptocurrency miners to secure a 240% hash power increase
Avalon Bitcoin Miner Maker Canaan Officially Files for $400 Million US IPO
28.10.2019
Avalon bitcoin miner maker Canaan Creative has just formally filed US IPO, after making profits of $XXX million in 2018 and $XXX million so far in 2019
Redditor Claims Miner Controls 50% BCH Hash Rate, Asks to De-List BCH
26.10.2019
Redditor spots a Bitcoin Cash miner that apparently now controls more than 50% of BCH hash rate
US Charges Singaporean Miner Who Stole $5M Worth of Cloud Computing Power
10.10.2019
The United States prosecutors officially indict a man from Singapore for stealing Amazon Web Services’ cloud computing power to mine cryptocurrencies
Iranian Bitcoiners Risk Fines, Jail Time as Government Regulates Mining
27.9.2019
As mining regulations loom, Iranian bitcoiners are stuck in compliance purgatory – facing fines and even jail
MicroBT Expects $400 Million Q3 Revenue From Bitcoin Miner Sales Despite Chip Holdup
23.9.2019
The maker of WhatsMiner bitcoin miners says it expects to have delivered 200,000 devices by the end of the quarter
BitHarp Group Limited Releases Liquid Mining Rigs- ‘Lyre Miner And Harp Miner’
15.9.2019
The well-known cryptocurrency manufacturer, BitHarp Group, has created a lot of buzz in the market by releasing two new pepped up liquid mining rigs studded with advanced features and enhanced working capacities. Lyre Miner and Harp Miner, the two mining rig launched by BitHarp boast of an array...