-Bitcoin news, price, information & analysis
Blockchain technology company, Bitfury, has raised $80 million from a number of global institutional and corporate investors. Led by Korelya Capital, the private placement was joined by Macquarie Capital, Asian financial institution Dentsu Inc., European investment company Armat Group, European fund managers Jabre and Lian Group, Argenthal Capital Partners, insurance...
BTCC, China’s oldest Bitcoin exchange, is shutting down its mining pool, which has been operating for more than four years, the company announced. The firm claims the decision to cease operations indefinitely from November 30 is due to business adjustments. BTCC’s Mining Pool to Cease Operations Indefinitely from...
Chinese cryptocurrency mining giant, Bitmain, has officially filed an application to conduct an Initial Public Offering (IPO) on the Hong Kong Stock Exchange (HKEX). The application has been long anticipated by analysts, and many cryptocurrency investors are excited at the prospect of being able to invest in the...
The persistent bearish mood of the crypto market where Bitcoin has slipped below the psychological price point of $8,000 has taken a toll on the stock price of Nvidia. The graphics chip manufacturing giant is considering taking cryptocurrency mining production off its budget. Nvidia Stock Price Drops Nvidia...
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...
While Bitcoin mining — which is the backbone of many public blockchains — is often left to the operators of data centers, some university students have begun to try their hand at running their own, in-dorm mining efforts. Bitcoin Mining In Unexpected Places — University Campuses Speaking with CNBC...
A remote location in Morocco has become a strategic spot to build a 900-megawatt wind farm as bitcoin miners look for cheap electricity in order to set up their computing centers. The spot south of Marrakesh is likely to turn into a cryptocurrency mining hub as the ecosystem...
Cryptocurrency mining, while also being an integral part of many blockchain networks, has become a source of profit and business for exclusive crypto firms. The recently-founded HoneyMiner startup is attempting to make mining more accessible to a wider array of consumers, by providing users, like you or I,...
Despite worries about cryptocurrency mining — from the impact that it can have on the environment to the potential impact it can have on the rates for other local electricity consumers — the state of New York has approved a bid to provide cheaper electricity to miners. State...
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,...
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