Block Reward Mining Archives

Block Reward Mining

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

Tech

Jacob Rozen

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

Tech

Steve Kaaru

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

Tech

Ed Drake

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

Tech

Jacob Rozen

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

Tech

Jacob Rozen

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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Gavin Lucas

18 Dec 2024

Block Reward Mining

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