Bitcoin Mining

Bitcoin Mining

Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike

Authorities in Iran have reportedly seized roughly 1,000 bitcoin mining machines from abandoned factories.

Markets  ·  28 June 2019
Bitcoin Mining

It’s Now Harder to Mine Bitcoin Than Ever

Bitcoin mining has become more competitive than ever, new network data shows.

Business  ·  27 June 2019
Bitcoin Mining

Wait for October: New Bitcoin Miner Demand Is Again Outstripping Supply

Bitcoin's price jump has juiced demand for new mining equipment, with some models on backlog until October.

Markets  ·  25 June 2019
Regulation

China Authorities Probe Alleged Illegal Bitcoin Mining Sites at Hydro Plants

Authorities in Sichuan province are reportedly probing into local bitcoin mining farms that may have been constructed without official approval.

Policy & regulation  ·  30 May 2019
Bitcoin Mining

Dutch Man Arrested Over $2.2 Million Bitcoin Mining Fraud

A man has been arrested in the Netherlands for allegedly scamming investors out of over $2.2 million in a fake bitcoin mining scheme.

Markets  ·  21 May 2019
Exchanges

What a Bitcoin ‘Reorg’ Is and What Binance Has to Do With It

The suggestion to reverse transactions on the bitcoin blockchain has caused an uproar on social media with several community members espousing such an idea is not only infeasible but reckless.

Tech  ·  8 May 2019
Bitcoin Mining

Bitmain Discloses 88% Reduction In Own Bitcoin Mining Power

Bitmain's internal bitcoin mining operations are generating 88 percent less computing power than a month ago, suggesting the industry giant has cut capacity.

Business  ·  7 May 2019
China

Bitcoin Mining’s New Bidding War

The cost of secondhand cryptocurrency mining equipment in China has nearly doubled in the last few weeks in response to bitcoin’s price jump.

Business  ·  3 May 2019
Europe

Bitfury, Swiss Investment Firm Launch Regulated Bitcoin Mining Fund

Bitfury and Swiss investment firm Final Frontier have launched a bitcoin mining fund after it was authorized by an EU regulator.

Business  ·  24 April 2019
Regulation

China’s New Policy Isn’t An Automatic Bitcoin Mining Ban – Here’s Why

Despite breathless headlines, a recent proposal by China’s economic planners would not automatically ban bitcoin mining.

Policy & regulation  ·  11 April 2019
Bitcoin Mining

China’s Economic Planning Body Labels Bitcoin Mining an ‘Undesirable’ Industry

A Chinese government agency in charge of macroeconomic policies is labeling bitcoin mining as an "undesirable" industry in a draft economic proposal.

Markets  ·  9 April 2019
China

Bitcoin Miners Are Investing Again, Expecting a Cheap Power Boom Soon

Bitcoin miners in China are betting that abundant water this summer will make their business profitable again.

Business  ·  5 March 2019
Japan

GMO Internet’s Crypto Business Reports $12 Million Loss in 2018

Japanese IT giant GMO Internet has reported an operating loss of nearly $12 million for its crypto business in 2018, with mining worst hit.

Business  ·  13 February 2019
Bitcoin Mining

Bitfury Partners to Launch Bitcoin Mining Centers in Paraguay

Bitfury has teamed up with a South Korean firm to mine bitcoin using cheap, clean hydro power in Paraguay.

Tech  ·  4 February 2019
Exchanges

Hong Kong Stock Exchange CEO Casts Doubt on Crypto Miner IPO Filings

The CEO of the Hong Kong Stock Exchange has seemingly questioned the IPO viability of crypto mining companies in new comments.

Business  ·  24 January 2019