Latest mining News

Bitmain’s crypto mining rival plans $1-billion IPO
Tech 11 May 2018

Bitmain’s crypto mining rival plans $1-billion IPO

Canaan Creative, China’s second-largest mining hardware manufacturer, hopes to capture a large chunk of the market and is preparing to launch an initial public offering on the Hong Kong Stock Exchange.

Strong demand for crypto mining chips boosts Samsung Q1 profit
Tech 27 April 2018

Strong demand for crypto mining chips boosts Samsung Q1 profit

Electronics giant Samsung reported an impressive first quarter performance for 2018 with revenues and profits in record territory for the fourth straight quarter, thanks to the demand for semiconductors used in cryptocurrency mining.