-Bitcoin news, price, information & analysis
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,...
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...
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...
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...
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