Kazakhstan likely to lose Bitcoin hash rate leadership in next index update

Several Chinese crypto mining giants like BIT Mining have already scraped some of their expansion plans in Kazakhstan.

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UAE Readies Regulation to Attract Global Crypto Giants and Build Mining Ecosystem

The UAE intends to lure in global cryptocurrency giants, such as Binance, by preparing amendments to local legislation and wants to begin mining cryptocurrencies in earnest

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Mining Giants Set up Shop in Rockdale, Texas With More Set to Follow

Rockdale, a city of 5600 people, located in Milam County in the state of Texas, has welcomed bitcoin miners into its economic framework, as it seeks to mobilize dormant electricity capacity left behind by the aluminum industry.

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Bitmain Moves Production Out of China, Crypto Mining Pools Continue to Shut Down

Meanwhile, Chinese giants Tencent and Alibaba apply for several Metaverse-related trademarks while Huawei Cloud launches blockchain services. The post Bitmain Moves Production Out of China, Crypto Mining Pools Continue to Shut Down first appeared on BitcoinExchangeGuide.

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Saudi Aramco, Gazprom, ExxonMobil Move Into Bitcoin Mining

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Investing In Bitcoin Mining Businesses Is Also A Sign Of Institutional Acceptance

Last quarter, the New Jersey Pension Fund invested heavily in two Bitcoin mining giants. A small step for institutional investors, the move might represent something much bigger. There’s a hunger for Bitcoin exposure at the highest levels, but just owning the asset might be too risky or inconvenient for some of those big players.

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Microsoft and Intel collaborate on crypto mining project

The tech giants are looking at ways to bolster protection for crypto mining operationsMicrosoft… The post Microsoft and Intel collaborate on crypto mining project appeared first on Coin Journal.

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Industry Giants, BHP and Baosteel, Make First Iron Ore Trade for $14 Million Using Blockchain

Mining conglomerate, BHP Group has revealed that it has transacted a $14 million worth of iron ore trade through a blockchain-based platform which has been created by MineHub Technologies based in Canada.

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Bitcoin's mining pools reshuffled, ahead of the halving

Poolin and f2pool, Chinese Bitcoin mining giants have seen a considerable surge in their BTC daily block reward earning in January 2020. More importantly, BTC.com, the dominating mining pool has droppThe post Bitcoin's mining pools reshuffled, ahead of the halving appeared first on AMBCrypto.

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Crypto Tidbits: Elon Musk Pokes Bitcoin Bear, Japanese Giants Delve Into Cryptocurrency Mining, Baidu’s Blockchain Beta

Another week, another round of Crypto Tidbits. The second week for the year 2020 was a lot more exciting for Bitcoin and the broader cryptocurrency space than the first. Per data from Coin360, the leading digital asset, BTC, gained 10% on the week, hitting $8,160 as of the time of writing this.

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Japanese Giants, SBI and GMO, To Mine Cryptocurrencies At Worlds Largest Mining Center In Texas

SBI and GMO will soon start to extract Bitcoin at Whinstone Inc., a Northern Bitcoin AG subsidiary located in Rockdale, Texas. Northern Bitcoin is the largest crypto mine in the world, but SBI and GMO may help it to get even bigger by bringing in new investors. In the past few years, it has decided […]

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Does Big Drop of Major Bitcoin Mining Firm’s US IPO Valuation Show Declining Crypto Sentiment?

Crypto market sentiment can be gauged by a number of different factors. In 2018 global regulators stomped all over ICOs which pretty much ended the altcoin run but this year it could be Bitcoin mining giants that signal a waning of interest.

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Bitcoin Mining IPO Could be the New Gold Rush

Bitcoin mining giants Bitmain Technologies and Canaan Creative seem to have found a new area of competition — launching a U. S. IPO. Both companies are set to go head to head in trying to one-up the other in what could be the first-ever crypto-related public offering in the United States.

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Chinese mining giants file for IPO

After the bear market of 2018, Bitcoin has performed well in 2019. Two Chinese Bitcoin mining giants, Bitmain and Canaan, want to capitalize by taking the companies public.

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Bitmain Quietly Files IPO with SEC, Backed by Deutsche Bank

Bitmain, the leading Chinese cryptocurrency mining equipment manufacturer, has just filed for an Initial Public Offering (IPO) with the U. S. Securities and Exchange Commission. Surprisingly the IPO will be sponsored by the infamous Deutsche Bank.

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WEF and Industry Giants Launch Mining and Metals Blockchain Initiative To Increase Efficiency

Seven top metal and mining companies have announced a partnership with the World Economic Forum (WEF) to design and establish blockchain solutions for the industry. In a report published by the Global Mining Review on October 25th, it was reported that the “Mining and Metals Blockchain Initiative” will explore blockchain to build better and responsible practices […]

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Russia’s Mining And Smelting Company Nornickel To Launch Its Own Crypto Asset Trading Platform

Nornickel, the smelting and mining giants from Russia have announced their plans to launch a digital platform for metals trading by the end of 2019, the company’s senior vice president, Andrey Bugrov, made it public at the global GMIS-2019 production and industrialization summit.

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Blue Hill Foundation ICO

Blue Hill Foundation is a 24% co-owner of the “Blue Hill Mine”, a mining project with concession numbers 14307X & 14308X, forecasted to have one of the largest copper reserves in Asia. The “Blue Hill Mine” is located in Mongolia between the two industrial giants: Russia and China.

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BitcoinHD Appearance at Consensus 2019 NY, Revolution in the Mining Industry?

Consensus 2019 was held in New York from 13th to 15th May. It is a grand event for all practitioners in the global blockchain industry. It brought together financial giants, blockchain start-ups, academic institutions, and regulatory authorities.

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3000 attendees gathered at Blockchain Life forum in Singapore

On April 23-24 more than 3000 attendees from 70 countries gathered in the world’s blockchain capital — Singapore. Top crypto companies (Binance, Huobi, Listing. Help, crypto messenger ELVN and others), world famous experts (Tim Draper, Roger Ver, Alex Reinhardt and others), mining giants (Bitmain, Btc.

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Over 3000 Attendees Gathered at Blockchain Life forum in Singapore

On April 23-24 more than 3000 attendees from 70 countries gathered in the world’s blockchain capital — Singapore. Top crypto companies (Binance, Huobi, Listing. Help, crypto messenger ELVN and others), world famous experts (Tim Draper, Roger Ver, Alex Reinhardt and others), mining giants (Bitmain, Btc.

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3000 attendees gathered at Blockchain Life forum in Singapore

On April 23-24 more than 3000 attendees from 70 countries gathered in the world’s blockchain capital – Singapore. Top crypto companies [Binance, Huobi, Listing. Help, crypto messenger ELVN and others], world-famous experts [Tim Draper, Roger Ver, Alex Reinhardt, and others], mining giants [Bitmain, Btc.

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3,000 Attendees Gathered at Blockchain Life Forum in Singapore

On April 23 to 24, 2019, more than 3,000 attendees from 70 countries gathered in the world’s blockchain capital — Singapore. Top crypto companies (Binance, Huobi, Listing. Help, crypto messenger ELVN and others), world famous experts (Tim Draper, Roger Ver, Alex Reinhardt and others), mining giants (Bitmain, Btc.

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3000 attendees gathered at Blockchain Life forum in Singapore

On April 23-24 more than 3000 attendees from 70 countries gathered in the world’s blockchain capital — Singapore. Top crypto companies (Binance, Huobi, Listing. Help, crypto messenger ELVN and others), world famous experts (Tim Draper, Roger Ver, Alex Reinhardt and others), mining giants (Bitmain, Btc.

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Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners

On March 29, the two largest mining rig manufacturers, Canaan Creative and Bitmain Technologies, announced the sale of their next generation devices that process the SHA-256 algorithm. Both firms are gearing up to sell the new products this spring as a slew of mining operations have been prepping up new facilities in order to take […] The post Manufacturing Giants Bitmain and Canaan Announce Second-Generation Miners appeared first on Bitcoin News.

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Chinese Crypto Exchanges Seek Backdoor Listings in Hong Kong

As the bear market continues with no signs of a change in trend crypto exchanges and mining giants in China seek ways to stay afloat. One method which has been increasing is a reverse merger in Hong Kong as IPO hopes fade.

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Japanese Internet Giants Shutter Crypto Mining Operations

As Bitcoin and crypto prices continue to fall profitability from mining using certain types of hardware inevitably follows suit. Japan has a number of high profile corporations heavily invested in mining operations and it looks like they are about to pull the plug.

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Huobi Joins Bitmain In Laying Off Staff Amid Crypto Bear Market Conditions

Bitmain And Huobi To Lay Off Staff Amid Crypto Bear Market Two crypto giants, the mining manufacturer Bitmain and the crypto exchange Huobi, were recently reported to lay off some of their staff amid the price drops that the market has faced in 2018, in which the price of Bitcoin went from almost $20,000 USD […]

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Report: Crypto Industry Giants Bitmain and Huobi to Layoff Staff

Cryptocurrency mining giant Bitmain and major crypto exchange Huobi have reportedly confirmed plans to lay-off staff amid the 2018 price rout of the crypto markets

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Hackers infect official Make-A-Wish site with cryptocurrency mining malware

It seems crypto-jackers have absolutely no ethical standards. After governments, universities, and technology giants, even charitable organizations are finding themselves at the receiving end of cryptocurrency malware.

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BTCC to Shut Down Mining Pool Following ‘Business Adjustments’

The turbulent journey of the Bitcoin mining sector continues this week as BTCCPool announces it will close “indefinitely” November 30. BTCC Pulls Out Of Mining The pool, which constitutes the mining arm of Hong Kong-based exchange BTCC (formerly BTCChina), began operating in 2014, yet rarely competed with giants such as Bitmain’s Antpool.

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Bitcoin’s Biggest Companies’ Stock Market Debut Could Be Mistimed

Bitmain, Canaan and Ebang, three of the biggest names in the crypto mining industry are getting ready to launch their IPOs. The move into the stock market could mark the big arrival of cryptocurrencies into the mainstream.

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Sia Network Releases Hard Fork Code to Block Crypto Mining Giants

Sia has released the formal code for an imminent hard fork that will block cryptocurrency mining firms like Bitmain from its blockchain network.

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Trump’s Trade Tariffs on Chinese Imports to Hit Mining Manufacturers Hard

President Trump’s trade tariffs will likely cause a major dint in the profitability of Chinese companies producing cryptocurrency mining hardware. Of the three mining giants based in China, Beijing’s infamous Bitmain is expected to be the worst hit since they rely most heavily on overseas sales.

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Bitcoin Mining Giants Woo Miners with Next-Generation Chips

Bitcoin mining, hardware maker, Bitmain, has announced a new next-gen mining ASIC chip dubbed the BM1391. Bitmain’s co-founder, Jihan Wu, recently made the announcement at the Digital Mining Summit in… The post Bitcoin Mining Giants Woo Miners with Next-Generation Chips appeared first on CoinCentral.

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Crypto News Weekly 31.08.18: Top crypto exchanges faking volumes

Operation Cryptosweep tops 200 investigations, Chinese mining giants seek IPOs, Bill Cosby accused of hiding wealth in bitcoin and August ICO scams net $68 million.

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Innosilicon Bitcoin ASICs Manufacturer Hold Successful North American Mining Summit

Innosilicon, a leader in the bitcoin mining equipment ecosystem has announced the success of its innovative Terminator Sha256 Bitcoin mining ASIC series. Innosilicon and tech giants Samsung worked hand in hand to formulate the FinFET technology which increases efficiency and reduces power consumption in mining machines.

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Bitmain Hits $15 Billion Valuation With Recent Backing From Uber's Largest Shareholder

Bitcoin mining firm Bitmain is now valued at $15 billion after closing a pre-IPO funding round with backing from tech giants Tencent and Softbank

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Quebec Mining Farce: Bitmain Money Muscle or Local Resentment

Mining Tempers are flaring in Quebec, as its climate and relatively cheap electricity have made it a magnet for the burgeoning cryptocurrency mining industry. The provincial government and its energy concern, Hydro-Quebec, have been accused of playing favorites to the likes of mining giants such as Bitmain. Quebec Mining Drama Continues and So Does Debate

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Quebec Mining Drama: Bitmain Money Muscle or Local Sour Grapes?

Tempers are flaring in Quebec, as its climate and relatively cheap electricity have made it a magnet for the burgeoning cryptocurrency mining industry. The provincial government and its energy concern, Hydro-Quebec, have been accused of playing favorites to the likes of mining giants such as Bitmain.

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Op-Ed: Challenge of Mining Centralization Unveils Bitcoin’s Elegant Design

Last year, growing problems of Bitcoin mining centralization came to light with the controversy of an AsicBoost scandal. As a largely centralized hash rate began to threaten the software’s magical property, concerns were raised that incentives at the crux of Bitcoin’s game theory had broken away.

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Will AMD and NVIDIA Give Up on GPU Mining as Cryptocurrency Prices Fall?

Graphics card manufacturers NVIDIA and AMD have been raking in huge profits — thanks, in part, to the influx of cryptocurrency mining over the past year. Recently, however, the decreasing prices of cryptocurrencies and a lower demand for GPU mining could bring the engine to a stall.

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