Sunday, January 20, 2019

Crypto Mining Machines Sold by Weight in China – Report

With the market downturn, older ASIC machines have reached their “shutdown price” where miners gain more profit by shutting down the machines, and disillusioned...

Coinbase CTO Believes Home Mining is Viable

Coinbase CTO Balaji Srinivasan has stated that the time might be right for home crypto mining devices such as the Coinmine home miner that...

Bitmain’s Jihan Wu Demoted to ‘Supervisor’

Bitmain, the mining hardware giant has made a change to its board of directors ahead of its upcoming IPO, making founder/ director Jihan Wu...

Bitmain Files Suit Against Anonymous Hacker

Mining hardware giant Bitmain has filed a lawsuit against a still-unidentified hacker who had stolen 617 Bitcoins (BTC) from the company’s Binance exchange account...

5 Arrested for Planting Crypto Mining Malware

Five South Koreans have been arrested for planting crypto mining malware on more than 6000 computers. These hackers had sent out 32,435 emails to...

Bitmain Announces New Antminer Launch Tomorrow    

Bitmain has announced the new Antminer S15 and T15 models will be launched tomorrow, hailing the “new era of high efficiency” on twitter. Both...

BTCC Pool to Close End of November

BTCC Pool, the cryptocurrency mining operation of BTCC exchange has stated that it will be halting operations at the end of November. The statement...

AMD Producing New Mining Rigs

California-based semi-conductor manufacturer AMD has plans to produce eight new mining rigs, partnering with seven companies to do so, according to an announcement on...

AMD Report Shows Waning Crypto Mining

AMD has released its third quarter financial report, and as expected, the gaming giant has reported a shortfall of the expected $1.7B profit due...

Mining Chip Manufacturer Expecting Low Demand

Global chip manufacturer Taiwan Semiconductor Manufacturing (TSMC) has forecasted revenue growth in Q4, but also lower demand for cryptocurrency mining hardware. The revenue growth is...

Bitfarms Technologies Launches Mining Pool

Bitfarms Technology Ltd., a blockchain technology company based on Montreal, has announced the commercial launch of its mining pool, the “Bitfarms Pool”. The firm has...

Square Partners with Ennoconn

Mining infrastructure developer Square has announced its partnership with Ennoconn Corporation, a prominent motherboard designer. The partnership will focus on creating next generation mining...

Bitfury Launches New B8 Mining Server

The Bitfury Group has launched the newest member of its B8 mining server line, the Bitfury Tardis. The company announcement states that the Tardis...

Bitclub Network Suspends Daily ROI Payouts on Ethereum

Bitclub Network, an MLM cryptocurrency mining club, has decided to halt daily ROI payouts on Ethereum mining due to decreased profitability. The club decided to...

Russia Considers Taxing Crypto Miners

A Russian legislator Anatoly Aksakov, chairman of the committee for financial markets at the State Duma, has stated that “mining has to be taxed...

Missoula Commissioners Deny Crypto Mining Ban

Missoula County commissioners have denied a request to ban crypto mining activities for one year, despite several resident complaints. The residents have complained about the...

Botnet Infects Computer with…Anti-Malware?

With almost daily reports of hacks, scams and other fraudulent activities, security researchers from Netlab have identified a new botnet – one that hacks...

Indian Government Websites Targeted by Cryptojackers

Three Indian researchers have discovered that hackers had infected official Indian government websites with malicious software and had been mining tokens through visiting computers....

Kazakhstan’s PM Visits Crypto Mining Farm

In a sign of governmental interest in all things crypto, the Prime Minister of Kazakhstan has visited the newly launched crypto mining farm owned...

Bitcoin Miner Bitewei Raises $20 Million; Set to Beat Bitmain

Bitmain doesn't appear to be doing well recently, as their planned IPO faced major difficulties; the investors that were linked to the deal have...

Argo Adds Komodo and Horizen to Its Mining Platform

It has been reported today, September 11th, that Argo Blockchain cryptocurrency mining company added two new coins for their users to mine: Komodo and...

Slushpool Upgrades Infrastructure

The first ever Bitcoin (BTC) mining pool Slushpool has announced an expansion of its infrastructure, based in China. New server locations have been established...

Diginex and Symbioses Focus on Increasing Mining Profitability

Diginex and Symbioses, a blockchain-based digital platform and cloud computing solutions firm respectively, have signed a Memorandum of Understanding to work on optimizing the...

BitMEX Research Reveals Bitmain Lost $328M with Bet on BCH

BitMEX research has revealed that Bitmain, the largest crypto mining equipment manufacturer in the world, had lost $328M when it exchanged all its Bitcoin...

Temasek Not Invested in Bitmain

Crypto media have been carrying a story on Temasek investing in the Bitmain pre-IPO funding, as well as a fallout between the two companies...

Bitcoin Mining Hashrate Sets an All-Time High: 62 Exahash/s

The previous Bitcoin hashrate all-time high occurred on August 10th, when it managed to get all the way up to 54 Exahash/s. But today,...

Japanese Internet Group GMO Stops Mining BCH; Switches to BTC

It has been reported that the Japanese internet giant GMO stopped mining Bitcoin Cash. Instead, they are now mining Bitcoin. A copy of GMO's...

Triple-1 Developing 7nm Bitcoin Miners

Japan-based Triple-1 has been developing its own line of 7nm Bitcoin mining equipment and plans to start shipping in November. Triple-1 is the second...

Bitmain Introduces Mandatory KYC

Cryptocurrency mining hardware giant Bitmain has announced that its platform is introducing a mandatory know-your-customer policy. All new customers will have to input information...

Bitmain Antminer S9 Hydro now on Sale

Cryptocurrency mining hardware giant Bitmain has officially announced the launch of its newest product, the Antminer S9 Hydro. As the name suggests, the S9...

Hydroelectric Power for New York Mining Farm

California-based Bitcoin mining company DPW Holdings has re-purposed a hydroelectric dam to power its new mining farm based in Valatie Falls New York. The...

Bitmain Faces Questions Amidst Looming IPO

Bitmain has enjoyed a dominance over Bitcoin mining equipment, with the company rolling out increasingly efficient mining equipment. However, there are signs that demand...

IOTW Ports Micro-Mining Software to Realtek Allowing Millions to Mine

Today, August 23rd, it has been reported that IOTW (a new blockchain for IoT applications) ported their micro-mining software to Realtek Ameba (RTL8710BN)...

Nvidia Officially Withdraws from Crypto Mining Equipment Production

Nvidia, the computer technology company that produces GPUs and other gaming equipment, has announced that it is no longer planning to manufacture any GPUs...

CoinGeek Mining Enters into Mining Hardware Market

CoinGeek, the cryptocurrency news source and Bitcoin Cash (BCH) mining pool, has signed a distributor agreement with Squire, which gives the company exclusive rights...

Tencent Joins Softbank in Denying Participating in Bitmain Funding Round

Softbank, the largest shareholder of Uber had denied that it participated in the Bitmain funding round intended to raise $1B, and Tencent, the largest...

Nvidia to Returning to Gaming Equipment and AI

Nvidia, the US-based computer gaming company is reportedly considering halting production of its cryptocurrency mining hardware, as expected demand has dropped with the bearish...

Bitmain’s Bitcoin Cash Plan Backfires?

Bitmain has released its financial information from the 1st Quarter as a part of its IPO filing. In its pre-IPO investor deck, the company...

Vietnamese Stop Importing Mining Rigs as the Ban Gets Closer

Despite the fact that many Vietnamese individuals used to import a large number of mining rigs into the country, it has been reported by the...

Education on Blockchain Technology is Key – Argo Co-founder

The Co- founder of Argo, a blockchain based cloud mining firm that has successfully been registered on the London Stock Exchange (LSE), Jonathan Bixby...

Canaan Unveils 7nm Chip Equipped Miner

Yesterday, August 8th, at a press conference in Zangzhou, world's second largest manufacturer of mining rigs, Canaan, unveiled a new 7nm chip-equipped 30T Avalonminer...

Canaan: World’s First Bitcoin Mining TV

In their latest product release, Canaan Creative has introduced the world's very first bitcoin mining TV. Canaan claim that the TV will be equipped with...

Bitmain Publishes Mining Statistics

Bitcoin mining giant Bitmain has stated that it will begin publishing reports of its in-house mining operation, as it hopes to become more transparent...

Hashflare Cloud Mining Feared to be a Scam

Hashflare cloud mining, which claims to have a million users, has announced on Facebook today that due to the unprofitable nature of mining Bitcoin...

Vietnam’s Central Bank Supports Banning Import of Mining Equipment

The Central Bank of Vietnam has reportedly supported the plan of Vietnamese Ministry of Finance to put a ban on importing all cryptocurrency mining...

Mining Farms Consider Other Uses for Equipment

Mining farms were in fashion in the latter part of 2017, with Bitcoin (BTC) prices hitting highs of $20,000. However, given the recent slump...
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Venezuela Gets First Bitcoin ATM

Cryptobuyer, a Bitcoin ATM manufacturer, has announced that it will installing the first Bitcoin ATM in Venezuela in the coming two weeks. According to Cryptobuyer’s...

Hydrogen Announces Partnership with IBM

Hydrogen - the financial technology (fintech) company behind the blockchain and cryptocurrency Hydro - has announced a long-term collaboration with IBM, one of the...

Binance Declines to Confirm Locations for Crypto-Fiat Exchange

Binance, the Major crypto currency exchange allegedly plans to expand to eight to new countries in 2019. Following the report on the 17th of...

Distributed Technology Research and its Race Against VISA

Distributed Technology Research - the non profit organisation consisting academics from MIT to Stanford organized by Pantera Capital - aims to create a super-cryptocurrency. Named Unit-e,...
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