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NYSE-listed Chinese Lottery Outfit Expands Bitcoin Mining Investment

500.com — a New York Stock Exchange (NYSE)-listed Chinese sports lotto company is expanding its investment outlay in the Bitcoin (BTC) mining arena. The firm is the latest to increase its hardware inventory as the global Bitcoin mining hash race continues to intensify following the halving that occurred back in May 2020. 500.com Acquires MoreRead More дальше »

2021-2-4 02:00


Riot Blockchain Adds to Mining Fleet With $6M Bitmain Purchase

North American cryptocurrency mining company Riot Blockchain has announced the purchase of 2,500 next-generation S19 Pro Antminer crypto miners for $6. 1 million from Bitmain. According to a press release, the company’s goal is to expand and upgrade its mining operations by securing the most energy-efficient miners on the market. дальше »

2020-10-8 12:15


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BTC Ready to Take Off? These Bullish Fundamentals Are Driving Bitcoin’s Price Higher

Bitcoin’s hash rate has seen a very significant increase recently although the digital asset crashed down to $8,409 from the high of $10,500 just a few weeks ago. The increase of Bitcoin’s hash rate basically means that miners are dedicating more power and resources to mining Bitcoin, this basically implies that miners believe in the […] дальше »

2020-3-4 23:33


What in the World is Going on With Bitmain’s Crypto Mining Business? 2019 Update Review

There has been a lot of conversation in the crypto community in the past with regards to Bitmain and their operations. In specific, there is even more speculation about the solvency and efficacy of the ownership of Bitmain after the crypto media publication, CoinDesk, released a report that alleges Bitmain lost $500 million during Q3 […] дальше »

2019-2-20 03:02


Bitcoin Mining Giant Bitmain Reveals $500 Million Loss; End of the IPO Dream?

The world’s largest maker of cryptocurrency mining equipment Bitmain made a $0. 5 billion loss in 2018’s Q3, CoinDesk reports. Citing a source who viewed an update that was filed with the Hong Kong Stock Exchange the publication also reported that Bitmain generated revenues of more than $3 billion during the first three quarters of 2018 with only $200 million being generated in Q3. дальше »

2019-2-19 16:53


Crypto Mining GPU Producer Nvidia Becomes The Worst S&P 500 Performer Due To Bear Market

GPU Producer Nvidia Becomes The Worst Performer In S&P 500 Amid Bear Market The cryptocurrency bear market has affected several companies and virtual currencies in the space. Many Initial Coin Offerings (ICOs) that gathered several millions of dollars were not able to launch a working product to the market. But the crypto mining industry has […] дальше »

2018-12-23 20:58