Hut 8 completes $11.8M financing for new ASIC mining rigs
The Canada-based block reward miner will use the funds to provide a US$2.9 million deposit to purchase 5,400 new Whatsminer M30S ASIC mining machines from MicroBT.
Jacob Rozen
author
Articles By Jacob Rozen:
Bit Digital sued by investors over alleged fraud
Block reward miner Bit Digital faces a class-action lawsuit in the Southern District Court of New York as investors are accusing the firm of making false and misleading statements.
NY police outlines policy for digital currency transaction analysis
The New York Police Department has published a six-page report that explains its use policy for digital currency transaction analysis.
Hive Blockchain ramps up hardware inventory
Canada-based Hive Blockchain Technologies Ltd. announced it exceeded its ASIC capacity goal of 1,000 PH/s through the purchase of 6,400 Canaan AvalonMiner 1246 next-generation miners.
Nvidia considers restart of block reward mining GPUs
An Nvidia executive said if demand in the digital currency market picked up to a “meaningful” level, the company could again start selling specialized cards to address the mining demand.
TAAL completes phase 1 rollout of blockchain computer power at Alberta facility
The facility's opening highlights the difference between blockchain infrastructure companies that understand Bitcoin and support its adoption versus companies out to make quick cash.
The ridiculously high cost of Gas on Ethereum
For most normal people, the Ethereum blockchain is pretty much unusable for average size transactions—costing about $60 to send an ERC20 token, Jacob Rozen writes.
Struggling online lottery firm announces move into block reward mining
Shenzhen-based and Nasdaq-listed firm 500.com has entered a definitive purchase agreement with an undisclosed party to buy ASIC mining machines.
Mining difficulty on BTC network hits record high
Mining difficulty is a relative measure of the competitiveness for discovering blocks on the BTC network, rising and falling based on the amount of computing power consumed by the network.
Marathon Patent Group completes $200M capital raise
The company plans to use the proceeds from this recent capital raise to pay for the ASIC miners it ordered from Bitmain Technologies Inc.
Canaan releases new next-gen ASIC miner
The hardware manufacturer designed the Avalon Immersion Cooling Miner A1066I to be noiseless and eco-friendly.
Gaming firm The9 stock soars on news its entering block reward mining
To enable the transition to block reward mining, the NASDAQ listed company signed a binding investment term sheet with several former board directors of ASIC hardware manufacturer Canaan.
