-Bitcoin news, price, information & analysis
Canaan Inc. has announced it will launch an IPO in July with the goal to raise $2 billion in funds in what would be the largest Bitcoin-related IPO to date. Canaan to Launch Biggest Bitcoin IPO Ever Bejing based Canaan inc., the worlds second largest Bitcoin mining hardware supplier...
The sustainability of Bitcoin mining has always been a topic of debate. Some sources claim it is just fine, whereas others deem is not viable for much longer. Alex De Vries conducted an interesting piece of research, which claims the energy usage by Bitcoin miners will double by...
Financial institutions all over the world are interested in Bitcoin. UnionBank recently demonstrated its cryptocurrency miners at a business conference. That is an interesting development, considering how the world’s leading cryptocurrency is a legal tender in the country. When the biggest bank in The Philippines gets into Bitcoin,...
In a revelatory blog post, David Vorick makes a thorough examination of cryptocurrency mining from his experts point of view concluding that ASIC mining is an inevitable result of the big money involved in the mining industry. Like Printing Money Vorick who oversees development of the decentralized file storage coin...
Bitcoin mining has become harder to turn a profit as scarcity and increased complexity to solve algorithms requires added skill, computing power, and electricity. As large companies steadily take over the cryptocurrency mining activity, enthusiasts get creative to reduce expenses to make it worth it. Bitcoin Mining Gets...
Cryptocurrency mining has been an interesting industry for AMD and NVIDIA. The former has noted a strong earnings increase, although they remain wary of this industry. Especially with all cryptocurrencies losing value, the manufacturer isn’t too concerned about the future demand for new GPUs. Putting Wall Street investors’...
Bitcoin mining is increasingly becoming an activity for big business as the complex calculations needed to generate the virtual currency require industrial-scale capabilities. As the mining industry matures, the expected consolidation is likely to oust ‘regular folks’ that use their personal computers. Large Cryptocurrency Miners Are Taking Over...
Blockchain technology is making inroads in many different industries. Samsung, a global technology leader, is now keeping a close eye on this technology. The company plans to incorporate distributed ledgers to manage its global supply network. Samsung also shows a keen interest in manufacturing cryptocurrency mining equipment. The...
Demand for computer components has skyrocketed with the surge of cryptocurrency mining, with prices more than doubling the past 12 months in some cases as suppliers are struggling to build enough capacity to meet the needs of the emerging market. Prices of PC Components Skyrocket Due to Bitcoin...
India has proven to be a major region for Bitcoin activity. Not all of the ventures in this country are completely legitimate, unfortunately. Two leaders of a notorious cryptocurrency scam were arrested earlier this week. Amit and Vivek Bhardwaj are the individuals responsible for creating some of the...
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