Block Reward Mining

BTC miner Canaan posts $110M net loss in Q2 despite improved revenues
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1 September, 2023

BTC miner Canaan posts $110M net loss in Q2 despite improved revenues

Canaan recorded $110 million in losses despite hitting an uptick in revenue at $74 million, with inventory write-down and equipment...
Laos cuts off power supply to BTC miners
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31 August, 2023

Laos cuts off power supply to BTC miners

The country’s grid operator says a severe drought in the first six months led to the crackdown, with an insider...
Angola wants to ban BTC mining
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30 August, 2023

Angola wants to ban BTC mining

The Angolan government says the ban is to protect the national grid as BTC mining is energy-intensive, but stakeholders say...
Oman unveils $350M block reward mining hub as it advances digitization drive
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29 August, 2023

Oman unveils $350M block reward mining hub as it advances digitization drive

Oman is opening a digital currency mining hub as part of its plans to boost digital economy growth and push...
Global energy production and Bitcoin
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28 August, 2023

Global energy production and Bitcoin

The energy associated with Bitcoin is attributed to the number of transactions verified, so as the system becomes more efficient,...
Gorilla Pool’s Kevin Alkema talks end-to-end ASIC mining solutions
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20 August, 2023

Gorilla Pool’s Kevin Alkema talks end-to-end ASIC mining solutions

In an interview with CoinGeek Backstage, Gorilla Pool’s Kevin Alkema talks about what sets the company apart and how it’s...
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