Hut 8 revenue dips in latest 2020 earnings reports
The earnings report shows the firm generated revenue of US$4.3 million in Q3, down significantly from C$26.7 million during the same period last year.
Jacob Rozen
author
Articles By Jacob Rozen:
Hive confirms increase in mining hardware inventory
The block reward miner purchased 1,240 new MicroBT WhatsMiner M30S ASIC mining rigs, which they immediately deployed.
How BSV protocol revolutionizes blockchain security using POW
The Bitcoin SV network has already put in place safeguards to its protocols, which in all practical terms, makes attacks on the system illogical.
Russia energy titan En+ Group enters digital currency mining sector
Moscow-based En+ Group announced a move into the digital currency mining space through a venture with mining farm operator BitRiver.
Airport employee in Italy caught mining Ethereum at work
The suspect, who worked at the airport in the Italian city of Lamezia Terme, allegedly installed mining malware onto the airport's IT systems.
Mongolian bank will begin offering digital currency services
TDB Bank will offer services including but not limited to digital currency remittance, custody, deposits, loans, and asset management.
Layer1 mired in legal fight over Texas facility
The co-founders of Layer1 Technologies Inc. are mixing it up in court over ownership rights to one of the company's core assets.
BTC mining continues to be a pathway to unprofitability
ASIC hardware financing continues to heat up with block reward miners placing massive bulk-order orders for the latest next-generation equipment, Jacob Rozen writes.
Privacy focused Monero releases major ‘Oxygen Orion’ update
The hard fork promises substantial improvement across nearly all aspects of the privacy coin's performance.
Shenzhen pilot program highlights potential for digital yuan
The digital yuan is not a digital currency like Bitcoin, but a virtual fiat currency issued and controlled by the People's Bank of China.
Another block reward mining group binges on hardware purchases
NASDAQ-listed Marathon Patent Group has announced the purchase of 10,000 new Antminers to boost its operation by an additional 1.10 EH/s.
Digital currency mining comes to Arctic Circle
Russia-based digital currency mining firm BitCluster announced its new BitCluster Nord data center is now officially open.