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block reward mining

Bitfarms to raise $31M in additional funding
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11 February, 2021

Bitfarms to raise $31M in additional funding

The publicly listed block reward mining operation expects gross proceeds of nearly CAD$40 million via the sale in the United...
Global chip shortage hit block reward mining sector in China: report
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10 February, 2021

Global chip shortage hit block reward mining sector in China: report

The global chip shortage is disrupting production across a worldwide array of products, including automobiles, consumer electronics, and, yes, even...
BTC miner Bit Digital removes CEO and chairwoman following fraud charges
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9 February, 2021

BTC miner Bit Digital removes CEO and chairwoman following fraud charges

Bit Digital, the BTC block reward mining firm facing fraud charges in New York, has announced changes to its management.
Ukraine plans nuclear-powered block reward mining facility
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8 February, 2021

Ukraine plans nuclear-powered block reward mining facility

Ukraine’s Ministry of Energy is reportedly planning the mining center, which could consume as much as two to three gigawatts...
500.com to purchase another $8.5M worth of ASIC mining machines
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5 February, 2021

500.com to purchase another $8.5M worth of ASIC mining machines

The NYSE-listed online sports lottery firm signed a definitive agreement to purchase 5,900 ASIC miners for 55.2 million yuan (around...
Hut 8 completes $11.8M financing for new ASIC mining rigs
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28 January, 2021

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...
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