Bitcoin Mining

Bitcoin Mining

Bitcoin’s Mining Difficulty Stagnates as Coronavirus Outbreak Delays New Equipment

A key measure of competition among bitcoin miners has stagnated in the past two weeks as the coronavirus outbreak disrupts economic activity in China.

Business  ·  12 February 2020
Bitcoin Mining

Childhood Friends Battle Over Ownership of North America’s Largest Bitcoin Mine

Four years ago, two lifelong friends turned a small investment into the largest crypto miner in North America. Now they are warring over the company's future.

Business  ·  11 February 2020
Bitcoin Mining

Your PGP Key? Make Sure It’s Up to Date

Identity thieves now have another tool at their disposal: bitcoin hashing power.

Tech  ·  24 January 2020
Bitcoin Mining

Bitcoin’s Share of PoW Mining Rewards Now Above 80%

Rewards received by bitcoin miners form a major chunk of the salaries paid across major proof of work (PoW) blockchains, according to Yassine Elmandjra, a cryptocurrency analyst from ARK Invest.

Markets  ·  16 January 2020
Bitcoin Mining

This Metric Suggests Bitcoin Has Bottomed Out

Bitcoin likely carved out a major price bottom in December, according to a non-price metric, which has proved as a reliable price indicator in the past.

Markets  ·  10 January 2020
Russia

A Russian Nuclear Plant Is Renting Space to Energy-Hungry Bitcoin Miners

A state-owned nuclear power plant in Russia may soon fuel a bitcoin mining hub.

Business  ·  8 January 2020
Bitcoin Mining

Lawsuit Shows How a Public Firm’s $80M Bet on Bitcoin Miners Went Terribly Wrong

The legal dispute between bitcoin miner Ebang and Chinese public firm Wholeasy reflects the prolonged magnitude of last year's market sell-off.

Business  ·  23 December 2019
Bitcoin Mining

Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain

Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering.

Markets  ·  17 December 2019
Bitcoin Mining

A Plan to Decentralize Bitcoin Mining Again Is Gaining Ground

New code for mining pools could fix problems associated with transaction censorship and more, say its supporters.

Tech  ·  2 December 2019
Bitcoin Mining

Malaysian Thieves Drill Through Wall to Steal 85 Crypto Machines

Authorities arrested five suspected in the theft of almost 100 bitcoin machines.

Markets  ·  7 November 2019
Bitcoin Mining

Chinese Agency Scraps Plan to Eliminate Bitcoin Mining Industry

China's top economic planning agency has remove bitcoin mining from a list of industries to be phased out from the country.

Markets  ·  6 November 2019
China

Bitcoin Mining Power Sees Short-Term Drop as Rainy Season Ends in China

After sustained growth over the past three months, bitcoin's mining power has dropped with a seasonal falloff in hydropower output in China.

Business  ·  1 November 2019
Russia

Russian Aluminum Plant Pivots to Bitcoin Mining Following US Sanctions

Metal giant Rusal is renting its facilities to the Russian Mining Corporation following 2018 U.S. sanctions.

Markets  ·  30 October 2019
Bitcoin Mining

Avalon Bitcoin Miner Maker Canaan Officially Files for $400 Million US IPO

Avalon bitcoin miner maker Canaan Creative has just formally filed for a $400 million US IPO.

Business  ·  28 October 2019
China

Sichuan Should Work to Remain Attractive to Crypto Mining: Policy Advisor

A former regulator in China has argued that Sichuan – a bitcoin mining hub – should study how to remain attractive to crypto-related business.

Markets  ·  28 October 2019