Tag: Bitmain

  • ASICS
    Bitcoin

    Bitmain’s AntPool Activates Controversial AsicBoost for Faster Bitcoin Mining

    Bitmain’s mining pool, AntPool, has supposedly activated one of their controversial methods of mining Bitcoin more efficiently, called AsicBoost. The controversial Bitcoin mining “hack” supposedly increases mining efficiency by up to 20% and is controversial because many developers claim that its use damages the Bitcoin network. Weakness in...

    Cole Petersen | September 6, 2018 | 10:30 am
  • Stable Coin
    Crypto

    Four Major Cryptocurrency Exchanges Lead Funding Round in New Stable Coin

    Four of the largest global cryptocurrency exchanges are leading an investment round in a new e-commerce-based stable coin. The investments come as stable coins become the most popular projects in the cryptocurrency industry. The $32 million fundraising round in stable coin Terra, was led by Binance Labs, OKEx,...

    Cole Petersen | August 29, 2018 | 7:30 pm
  • Bitcoin Cash Price Technical Analysis BCH USD
    Altcoins

    Roger Ver: Bitcoin Cash is a Better Investment Than Bitcoin

    In a Monday phone interview with CNBC Fast Money, Roger Ver explained why he believes Bitcoin Cash is a better investment than Bitcoin, also expressing that Bitcoin isn’t efficient for commerce due to high fees and low transaction speeds. Bitcoin Cash Rules In the interview, Ver, who owns...

    Cole Petersen | August 28, 2018 | 9:30 am
  • Mining
    Bitcoin

    Bitmain, Canaan, and Ebang International Prepare for IPOs

    Three of the largest cryptocurrency mining hardware manufacturers are preparing to launch initial public offerings (IPOs) in Hong Kong. However, the crypto price slump and regulatory issues could negatively impact on the success of said offerings. Is the Demand Still There to Necessitate IPOs? Bitmain, Canaan Inc., and...

    Rick D. | August 27, 2018 | 7:30 pm
  • Bitmain
    Bitcoin

    Is Bitmain Losing Its Edge in the Crypto Mining Game? These Analysts Think So

    According to analysts, the largest producer of Bitcoin mining equipment may be losing its position at the top of the industry. Bitmain Threatened on Multiple Fronts Despite moving to launch an initial public offering (IPO), competition, dubious speculation on certain digital assets, and lessening demand for hardware are...

    Rick D. | August 22, 2018 | 11:00 pm
  • Bitcoin Miners
    Bitcoin

    Bitcoin May Be Down, But Miners Remain True

    As Bitcoin faces downward market pressure, the price of the world’s most dominant virtual currency is likely to have crossed below the break-even point for crypto miners, according to most analysts. This, however, has not stopped their activity as the cryptocurrency mining industry is in it for the...

    Ricardo Esteves | August 16, 2018 | 6:00 pm
  • Mining
    Industry

    Bitcoin Mining Monopoly Bitmain May Branch Out From Crypto

    Cryptocurrency investors are not getting any respite from the bearish mood of the market as, once again, Bitcoin dipped below $6,000 to reach a near 2018 low on Tuesday. The market has been hit by uncertainty over the upcoming cryptocurrency regulations from various jurisdictions across the world, and...

    Prateek Dimri | August 14, 2018 | 2:30 pm
  • Bitmain
    Industry

    Bitmain to Open New Blockchain Data Center in Texas

    Mining hardware giant Bitman has announced that its newest blockchain data center will be located in Rockdale, Texas, in Milam County. According to a press release released today, developed of the new facility will begin in early 2019, and the company expects the center to be fully operational in about...

    Cole Petersen | August 6, 2018 | 6:30 pm
  • Crypto

    How a Chinese Crypto Hedge Fund Saw 60-Fold Returns With its Unorthodox Strategy

    Crypto hedge funds have become an increasingly common sight in this flowering industry, as investors seek alternative mediums to invest into crypto assets and their underlying technologies. FBG Capital, a crypto-centric fund based in China, has become one of the largest players in this expanding sub-industry, garnering support...

    Nick Chong | August 3, 2018 | 9:10 am

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