Kraken Bitcoin strategist Pierre Rochard debates professor of computer science Jorge Stolfi on whether Bitcoin meets the definition of a Ponzi scheme. ...
Category: Bitcoin Mining
Cipher Mining, a bitcoin mining operation of Bitfury, has announced that it is going public via a merger with a special purpose acquisition company (SPAC). The deal values the combined company at $2 billion, with funding from investors such as Morgan Stanley and Fidelity. Cipher Mining Technologies Inc., a newly formed U.S.-based bitcoin mining operation […]
Bitcoin mining firms, even the newly-established ones, seem to be increasingly pursuing public listings. Cipher Mining Technologies Inc. a subsidiary of...
Miners are making bank amid the price rally as manufacturers struggle to produce chips. After a tumultuous 2020 that continued into Bitcoin (BTC) setti...
The crypto-miner CEO makes Bitcoin history by being the first exec of a publicly-traded company to take their full salary in Bitcoin. On Wednesday, Brit...
Iris Energy has upped its target for its second-IPO funding round. Iris Energy, an Australian firm that invests in Bitcoin (BTC) mining data centers pow...
Chinese supplier MicroBT will be providing the new hardware over the next two years. One of the largest publicly traded Bitcoin mining operations in th...
Inner Mongolia drew the ire of Beijing after failing to meet energy efficiency goals. Authorities of the Chinese autonomous region of Inner Mongolia ha...
A regional report from China indicates that bitcoin mining rig manufacturers have seen a massive surge in demand since the price of the leading crypto asset skyrocketed. Companies such as Canaan Creative have placed significantly sized mining rig orders while other companies like Bitmain are completely sold out. Bitcoin Mining Rig Manufacturers Experience a Device […]
While the public prepares for the upcoming Coinbase public offering, the mining firm Northern Data AG is reportedly planning to go public as well. Sources say that the mining business is in talks with Credit Suisse Group to launch an initial public offering (IPO) in the United States. Report: Sources Say Northern Data AG IPO […]
Kristy-Leigh Minehan said the state doesn't currently have enough mining infrastructure to cause significant problems for the power supply. Though many ...
Swiss investment bank Credit Suisse is reportedly backing German Bitcoin mining operator Northern Data in its $500 million IPO. Major European Bitcoin (...
Crypto mining operations have been witnessing some changes within the industry in terms of locations. A recent interview with the CEO of the mining giant Bitriver, revealed that Russia is becoming a preferred hotspot for crypto miners. Russian Mining Giant to Build Two Additional Facilities to Cope With the High Demand According to Igor Runets, […]
Police in Malaysia’s Jahor state have busted a seven-men gang that stole 8.6 million Malaysian ringgits ($2.15 million) worth of electricity to mine bitcoin and other cryptocurrencies. ● Police said they seized 1,746 bitcoin (BTC) mining machines across 21 premises in raids carried out between Feb.15 and Feb.16, the Malay Mail reported. The miners are […]
Regardless of Bitcoin’s price or future economic scenarios, Bitcoin mining will be a profitable activity. For years, institutional investors have been w...
Bitcoin energy consumption has been at its highest historical levels since late 2020, according to Digiconomist’s Bitcoin Energy Consumption Index. The ...
Argo Blockchain said Wednesday that it bought 172.5 bitcoins in the second half of January as part of its asset management strategy. ● In a trading update, the London Stock Exchange-listed bitcoin miner also reported strong revenue growth during the review month, climbing 52% to £2.48 million ($3.37 million) from £1.63 million ($2.21 million) in […]
Bitcoin mining rig manufacturers are dealing with a semiconductor supply crunch according to regional reports stemming from China. There’s been a global semiconductor supply shortage and it’s affecting nearly every type of business in the supply chain that manufactures cars, PCs, laptops, smartphones, and cryptocurrency mining devices. Moreover, the recent shortage has invoked the demand […]
Stack Funds’ analysis suggests that Bitcoin’s floor price has yet to be found as the Chinese New Year approaches. The upcoming Chinese New Year holidays...
After corporate infighting temporarily halted chip shipments in 2020, Bitmain's Antminer team says business will resume as normal following former CEO Jihan Wu's departure....
Foundry entered the cryptocurrency mining game in August 2020. Foundry, a wholly owned cryptocurrency mining subsidiary of Digital Currency Group, or DC...
Marathon Patent Group announced Monday that it bought 4,813 bitcoins in a deal worth $150 million. The firm joins the growing list of publicly listed companies holding bitcoin in their treasuries. Merrick Okamoto, chairman and chief executive officer of Marathon, said the Nasdaq firm is buying bitcoin (BTC) as a reserve asset. “We…believe that holding […]
At the end of January 2021, Bitcoin’s network mining difficulty, a measure of how complicated it is to mine a block reward, is higher than it’s ever been during the crypto protocol’s lifetime. Currently, Bitcoin’s mining difficulty is a whopping 20.8 trillion but despite the handicap, bitcoin miners have continued to keep the network’s hashrate […]
“I'm not in crypto to make a fast buck, but I'll take the bonus,” said Simon Byrne. Crypto enthusiast Simon Byrne has taken crypto mining out of the gar...
