Tag: cryptocurrency mining

  • NewsBTC SLushpool Bitcoin mining
    Industry

    Bitmain Expands Circle of Influence With $50 Million Investment

    The world’s largest producer of ASIC mining machines, Bitmain, is expected to invest $50 million into the upcoming IPO of Opera Ltd. Bitmain’s Expanding Circle of Influence Norway-based Opera Ltd., one of the top internet browsers, has just filed for a Nasdaq initial public offering (IPO) last week,...

    nickchong | July 8, 2018 | 8:07 pm
  • gpu asrock
    Crypto

    Crypto Mining Hardware Industry Falters as Profits Dwindle

    Cryptocurrency mining profits are on the way down, resulting in declining demand for hardware, such as high-end graphics cards. Sources suggest that GPUs could drop by as much as 20% within the upcoming month.  Mining Hardware Manufacturers Experience Declining Demand DigiTimes, a premier Asia-based technology news source, has...

    nickchong | July 3, 2018 | 7:00 am
  • Bitcoin

    Bitmain Raises $400 Million Prior to its $12 Billion IPO, Growing Dominance

    Bitmain’s ASIC dominance has continued, with Bitmain-based mining pools collectively accounting for nearly 50% of all Bitcoin mining power. Bitmain Dominates Bitcoin ASIC Industry Two prominent Bitcoin mining pools, BTC.com and Antpool, contain 27% and 15.3% of Bitcoin’s hashrate respectively. Bitmain surprisingly owns and manages both pools, allowing...

    nickchong | June 25, 2018 | 9:00 am
  • Altcoins

    Electric Bicycle Allows Users to Earn Cryptocurrency by Riding

    An electric bicycle distributor has come up with a novel way of celebrating their 15th year in business. 50 Cycles have decided to launch an electric bike that actually mines cryptocurrency for its rider. Think Crypto Mining Can’t be Environmentally Friendly? Think Again… The range of bikes will...

    Rick D. | June 15, 2018 | 8:00 pm
  • IPO
    Industry

    Crypto Mining Giant Bitmain’s CEO Is Considering an IPO

    Jihan Wu runs Bitmain Technologies Ltd., the world’s largest producer of custom cryptocurrency mining chips. Financially speaking not much is known about the Chinese company, though Wu has hinted at the possibility of holding an initial public offering (IPO), which would force Bitmain to reveal more. What an IPO...

    Thomas Delahunty | June 7, 2018 | 10:00 pm
  • Québec
    Industry

    Québec Lifts Electricity Ban on Cryptocurrency Miners with New Mandate

    The Canadian Province of Québec’s ban on the sale of electricity to cryptocurrency miners has been lifted, with a new decree expected to be put into place to monitor the sale of electricity to miners, according to sources. Hydro-Québec’s Mandate In a report from the Le Journal De Montreal,...

    Thomas Delahunty | May 31, 2018 | 10:00 pm
  • Mining
    Crypto

    Venezuelans Turn to Cryptocurrency Mining to Generate Passive Income

    The Bolivarian Republic of Venezuela is home to one of the worst hyperinflation crisis in the world. Because of this, citizens are increasingly turning to mining cryptocurrencies to make up for their lack of funds. Cryptocurrency Mining Boom One major reason that crypto mining is booming is because...

    Thomas Delahunty | May 26, 2018 | 7:05 pm

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