Bitcoin Mining

Bitcoin

Bitcoin Miners Usually Create 6 Blocks per Hour. They Just Banged Out 16

In a significant deviation from the norm, bitcoin miners just produced 16 blocks in 63 minutes.

Markets  ·  1 May 2020
Bitcoin Mining

Older Mining Machines Turn Profitable Again as Bitcoin Rises Ahead of Halving

Older mining models can now earn 10-20% gross margins after bitcoin’s price jumps to two-month highs.

News  ·  30 April 2020
China

Chinese City Known for Bitcoin Mining Seeks Blockchain Firms to Burn Excess Hydropower

A Chinese city in the world's bitcoin mining hub is publicly encouraging the blockchain industry to help consume excessive hydroelectricity.

News  ·  28 April 2020
Bitcoin Mining

The Rise of ASICs: A Step-by-Step History of Bitcoin Mining

The machines that maintain the Bitcoin network have undergone rapid technological development. Here's a detailed look at that evolution and at what might lie ahead.

Tech  ·  26 April 2020
IPOs

Bitcoin Miner Maker Ebang Files for a $100M US IPO

Ebang International Holdings, one of the leading makers of bitcoin mining equipment, is taking another stab at going public, this time in the U.S.

Business  ·  25 April 2020
Bitcoin Mining

Arctos Inks $1M Sale and Leaseback Deal With Bitcoin Miner Blockware

The mining company will use the funding to expand its operations in the U.S.

Business  ·  23 April 2020
Bitcoin Mining

China’s Rainy Season Is Coming. This Time Bitcoin Miners Aren’t Investing

With bitcoin’s price drop and imminent halving, mining farms in China are struggling to fill slots despite the coming rainy season, when power is cheap.

News  ·  23 April 2020
Bitcoin Mining

Negative Oil Prices Could Hurt Bitcoin Miners Who Use Flared Gas

North American bitcoin miners who've bet on fossil-fuel extraction to power their rigs are watching the oil markets closely as prices sink to historic lows.

Business  ·  20 April 2020
Bitcoin Mining

In Canada They’re ‘Essential,’ In Argentina They’re Shut Down: Bitcoin Miners Reckon With COVID-19

Here's how the "Great Lockdown" is redrawing the bitcoin mining landscape. The halving and economic crisis may be priced-in – but local politics aren't.

Business  ·  17 April 2020
Bitcoin Mining

Bitcoin Mining Hardware War Is Heating Up Ahead of the Halving

MicroBT is rolling out three top-of-the-line bitcoin miners hoping to eat further into Bitmain's market dominance at a key time for the industry.

News  ·  17 April 2020
Bitcoin Mining

Riot Blockchain Moves Part of Bitcoin Mining Operation to Upstate New York

Bitcoin miner Riot Blockchain has sent a portion of its newly acquired S17 Pro Antminers from an Oklahoma facility to upstate New York, tapping excess power in a colocation deal with Coinmint.

News  ·  15 April 2020
Bitcoin Mining

Bitmain Partially Refunds Bitcoin Miner Buyers After Price Cuts

The Beijing-based firm is sending out cash coupons to customers who pre-ordered its latest bitcoin miners ahead of recent price markdowns.

Business  ·  14 April 2020
New York

New York Power Plant Sells 30% of Its Bitcoin Mining Hashrate to Institutional Buyers

Greenidge Generation, an upstate New York power plant that's using proprietary facility to mine bitcoin, has sold up to 30 percent of its computing power to institutional buyers.

Business  ·  10 April 2020
Bitcoin Mining

Bitcoin Miner Maker Canaan Lost $148M in 2019

The Chinese bitcoin miner manufacturer has disclosed it made a net loss of $148.6 million for 2019 on a revenue of $204.3 million.

Business  ·  9 April 2020
Bitcoin Mining

Bitcoin Cash Undergoes ‘Halving’ Event, Casting Shadow on Miner Profitability

Bitcoin Cash, the blockchain network that forked off Bitcoin in 2017, has just reduced its mining rewards by half, causing lots of miners to have nearly zero gross margin.

Tech  ·  8 April 2020