Mining

WhatsMiner

Founder of Bitmain Rival Held by Police Over Possible IP Dispute

The founder and CEO of bitcoin miner maker MicroBT is being held by police. A source says it's to assist an investigation over a business dispute.

Tech  ·  8 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
Bitcoin

Bitcoin Just Hit $1 Billion in All-Time Transaction Fees

Here's what to make of the milestone.

Markets  ·  30 October 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
Mining

Leaked Transcript Details Power Struggle Inside Bitcoin Mining Giant Bitmain

A transcript of a Bitmain staff meeting reveals an ugly power struggle inside the world's biggest bitcoin miner maker that led to the abrupt ousting of co-founder Micree Ketuan Zhan.

Business  ·  30 October 2019
IPOs

Bitmain Seeking US IPO With Confidential SEC Filing: Report

The bitcoin mining giant is said to have confidentially filed for an IPO in the U.S.

Business  ·  30 October 2019
Orchid

Livepeer Prepares to Unlock New Way for GPU Miners to Earn Crypto

By the end of this year, GPU miners could have a fresh new way to earn crypto – using the idle processing capacity of their chips.

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
Mining

7 Mining Heavyweights Partner With WEF on Blockchain Sourcing Initiative

The World Economic Forum is building a blockchain-based sustainable sourcing project with 7 metal and mining industry firms on board.

Business  ·  25 October 2019
Mining

Why Bitmain Is Building the World’s Largest Bitcoin Mine in Rural Texas

Bitmain's new bitcoin mine exploits cheap electricity in Texas, the nation's biggest power market. Locals are happy for the new jobs.

Markets  ·  22 October 2019
Bitcoin Mining

Peter Thiel Backs $200 Million Valuation for Renewable Bitcoin Mining in the US

A vertically integrated startup has raised $30 million to bring bitcoin mining back to the U.S.

Markets  ·  15 October 2019
Bitcoin Mining

Next Bitcoin Halving Could Squeeze out Retail Miners, But Jury’s Split on Price

Bitcoin halvings normally result in price increases. Maybe not this time.

Markets  ·  15 October 2019
Regulation

Uzbekistan Plans Massive Hike in Electricity Prices for Crypto Miners

A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry.

Policy & regulation  ·  30 September 2019
Russia

WATCH: Inside a Siberian Crypto Mining Complex

CoinDesk On Location goes deep inside a Siberian crypto mining factory situated near a remote hydroelectric plant.

Markets  ·  25 September 2019
Bitcoin

MicroBT Expects $400 Million in Q3 as Bitcoin Miner Sales Surge

The maker of WhatsMiner bitcoin miners says it expects to have delivered 200,000 devices by the end of the quarter.

Business  ·  23 September 2019