Latest News Of cryptocurrency mining Tag

Bitmain rival Canaan seeks up to $100 million through its IPO

Tech 15 November 2019

Bitmain rival Canaan seeks up to $100 million through its IPO

Canaan, the world's second-largest crypto miner producer, intends to raise about $100 million in its U.S. IPO on November 20.

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Crypto miners in Iran face new energy tariffs

Tech 15 November 2019

Crypto miners in Iran face new energy tariffs

The new rules include restrictions on the use of subsidized electricity, with a bounty of up to 20% of recoverable damages payable to anyone identifying illegal mining operations.

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China softens stance on Bitcoin mining

Tech 8 November 2019

China softens stance on Bitcoin mining

Following China’s President Xi’s recent embrace of blockchain technology, there have been several encouraging developments in China’s formal relationship with the technology.

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Crypto miner Canaan revenues top $100M as IPO looms

Tech 8 November 2019

Crypto miner Canaan revenues top $100M as IPO looms

Canaan has earned profits in the order of 94 million yuan in Q3, equivalent to around $13 million; however, it remains in the red for 2019 after weak trading earlier in the year.

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Mining power drops on BTC network as October ends

Tech 8 November 2019

Mining power drops on BTC network as October ends

As enthusiasm for BTC has faltered and the profitability has decreased, mining Bitcoin SV continues to improve in profitability.

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New Bitcoin mining rigs announced in Fall 2019

Tech 7 November 2019

New Bitcoin mining rigs announced in Fall 2019

Cryptocurrency miner manufacturers are under pressure to develop higher-performing and efficient Bitcoin mining rigs before the halving in May 2020.

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Argo Blockchain to bolster hardware following 10,000 unit order

Tech 31 October 2019

Argo Blockchain to bolster hardware following 10,000 unit order

The London-listed cryptocurrency mining company said it would now purchase 10,000 Antminer T17s, rather than the 500 AntMiner S17s originally planned.

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Sigmapool is up and mining on Bitcoin SV

Tech 30 October 2019

Sigmapool is up and mining on Bitcoin SV

Sigmapool rolled out its joint mining service successfully on October 28, taking place at block 606334.

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Jihan Wu forces out Bitmain co-founder Micree Zhan

Business 29 October 2019

Jihan Wu forces out Bitmain co-founder Micree Zhan

Jihan Wu’s move to take more control over Bitmain broke early on October 29, as he has apparently supplanted Micree Zhan as the company’s legal representative.

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More from China: Sichuan needs to step up its crypto mining game

Tech 29 October 2019

More from China: Sichuan needs to step up its crypto mining game

To create more business opportunities, China’s Sichuan province should study how it can leverage its abundant hydro energy in the crypto mining industry.

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Bitmain rival Canaan Creative officially files for $400M IPO

Business 29 October 2019

Bitmain rival Canaan Creative officially files for $400M IPO

After months of speculation, Chinese crypto miner manufacturer Canaan Creative has officially filed to list on the Nasdaq stock exchange.

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Layer1 raises $50M, eyes crypto mining hub in West Texas

Business 29 October 2019

Layer1 raises $50M, eyes crypto mining hub in West Texas

Established in 2018, Layer1 is the first U.S.-based, vertically-integrated BTC mining company with a goal of boosting usage of renewable energy.

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