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.
Latest cryptocurrency mining News
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.
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.
Sigmapool is up and mining on Bitcoin SV
Sigmapool rolled out its joint mining service successfully on October 28, taking place at block 606334.
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.
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.
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.
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.
Crypto mining puts Russian scientist behind bars for 3 years
A Russian nuclear scientist has been discovered that using his work computer for cryptocurrency mining was an absolute no-no.
Cyberspace Administration of China approves 309 more blockchain firms
While the list names some of China’s largest companies, there are also a number of startups involved in crypto wallets, public chains, and mining pools.
Crypto mining firm Argo Blockchain revenue up 75% in Q3
Argo Blockchain, the first crypto mining company to list on the London Stock Exchange, posted revenues of £3.6 million ($4.42 million) in the period to September 30.
Russian nuclear scientist busted mining crypto at work
A nuclear scientist in Russia has been fined after it was revealed he had attempted to use one of the country’s most powerful supercomputers to mine BTC at work.