Mining

Mining

London-Listed Argo Blockchain Reports Tenfold Increase in Bitcoin Mining Revenue in 2019

For its first full year of operations, Argo says it generated just over $11 million in revenue

Business  ·  20 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
Tezos

Why Harvard Research on a Low-Profit Tezos Attack Matters for Proof-of-Stake

The study reveals some of the understudied aspects of proof-of-stake cryptocurrencies.

Tech  ·  8 January 2020
Mining

SBI, GMO to Rent Capacity at Massive Bitcoin Mine in Texas: Report

Potentially the world's biggest bitcoin mine, one still under construction, is said to have signed up two top corporate customers in the form of SBI Holdings and GMO.

Business  ·  7 January 2020
Bitcoin

Bitcoin Mining Power Hits Fresh All-Time High

Bitcoin's hash rate reached record highs this week, amid rising prices and anticipation of the miner reward halving later this year.

Tech  ·  6 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

GSR Partners With Canaan-Tied Startup to Offer Crypto Miners Derivatives

GSR and Interhash want to help crypto miners hedge their costs with a new series of derivatives products.

News  ·  20 December 2019
WhatsMiner

Founder of Bitmain Rival MicroBT Arrested for Alleged Embezzlement

The arrest, noted by the Shenzhen Nanshan District Prosecutor on Dec. 12 and reported by business publication Caixin on Sunday, comes amid ongoing battles between mining giant Bitmain and MicroBT, which has been a rising competitor this year challenging Bitmain's market dominance.

Business  ·  16 December 2019
Mining

Mining Giant Glencore to Trace Cobalt Using ‘Responsible Sourcing’ Blockchain Consortium

Glencore, one of the world’s largest cobalt producers, will use a Hyperledger Fabric blockchain to responsibly source its supply chain.

News  ·  12 December 2019
Mining

Bitmain Shifts Miner Sales Tactics, Betting Big on Bitcoin Halving Pump

Bitmain has retooled its strategy for selling bitcoin miners, betting big that the cryptocurrency’s price will rally with next year's halving.

Business  ·  10 December 2019
Mining

Nvidia Battles Shareholders in Lawsuit Over Crypto Miner Claims

Chip making giant Nvidia has been making its case for why a court should dismiss a lawsuit alleging it misled investors over the demand for its graphics cards from cryptocurrency miners.

Business  ·  9 December 2019
Mining

Litecoin’s Mining Power Tanks to Lowest in Year Following Price Plunge

Litecoin’s price plunge in recent months has whittled away the profitability of mining the cryptocurrency, leading to a shakeout among operators.

Markets  ·  4 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
Mining

1 Gigawatt Bitcoin Mine Under Construction in Texas Would Dwarf Bitmain’s

The $150 million bitcoin mine could become the world's largest – surpassing Bitmain's, whose own mega mining operation is in the same Texas town.

Business  ·  20 November 2019
Crime

Ukrainian Railways Branch Caught Mining Crypto With State Power

The Lviv branch of Ukrainian Railways has been caught red-handed diverting company electricity to mine bitcoin.

Policy & regulation  ·  15 November 2019