Bitfury seeks rich clients to support failing BTC network
In the absence of mass adoption, Bitfury is enticing high net worth clients to back the decaying BTC network.
In the absence of mass adoption, Bitfury is enticing high net worth clients to back the decaying BTC network.
The bad news continues to mount for Hangzhou-based ASIC hardware maker Canaan Inc.
The U.S. Senate took steps toward forcing Chinese companies to adhere to transparency rules or risk losing access to U.S. stock exchanges.
BCH has morphed into the walking dead of public blockchains, failing to gain traction and grow into the thriving global P2P cash system.
The BTC halving has set off a domino effect on block reward miners that will end with many unable to continue.
Municipalities and regulators are offering incentives to reinforce and boost the local block reward mining industry as part of the fallout from the BTC halving.
Block reward miners in China have another competitive advantage over their industry peers.
Block reward miners are using the "Last Man Standing" strategy as insurance in case their earnings decline.
The recent price surge is a sign the BTC network reached its imposed limits governing how well it can serve its community.
BTC-focused public companies have put themselves at risk because of short-sighted and ineffective planning.
Refereum announced that the company would shut down its online platform “for the foreseeable future to evaluate and rebuild.”
iMiner will invest $7.3 million in setting up the facility, where 6,000 machines are expected to generate 96,000 TH/s of computing power.