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Bitcoin Miner Maker Ebang Narrows First Half Loss To $7 Million, as Covid-19 Hit Demand
Ebang International Holdings Inc. , the Chinese maker of bitcoin mining hardware, reported a net loss of $6. 96 million during the first six months of this year, down from $19. 07 million a year ago, as demand fell due to the coronavirus pandemic. дальше »
2020-9-29 10:15 | |
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Miner Hut 8 Reports Q2 Revenue Plunged 67% to $6.9 Million Due to Bitcoin Halving
Canadian miner Hut 8 Mining Corp has reported that second quarter revenue tumbled 67% to $6. 9 million from $21. 2 million a year ago, as Bitcoin’s supply cut in May forced production to decline. дальше »
2020-8-15 10:30 | |
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$5.6 Million Double Spent: ETC Team Finally Acknowledges the 51% Attack on Network
The Ethereum Classic (ETC) blockchain network lost $5. 6 million to one miner following a 51% attack initially thought to be a chain split. During the attack, the offending miner managed to double-spend 807,260 ETC ($5. дальше »
2020-8-6 20:00 | |
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Bitcoin Miner Hut 8 to Add 275 PH/s of Mining Capacity With $8.3M Capital Raise
Hut 8 Mining Corp. has raised $8. 3 million from the sale of 6% of its shares to investors. The Canadian bitcoin miner originally intended to raise $7. 5 million from the sale, but it was oversubscribed. дальше »
2020-7-1 04:30 | |
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Ethermine Mining Pool Cashes in Its $2.6 Million Ethereum Fee Windfall
Ethermine will now proceed to distribute its $2. 6 million bonanza from a series of bizarre ethereum transactions last week after the fund’s owner failed to make a valid claim. On June 11, the miner, a unit of Bitfly, received the record fee in a transaction involving just 350 ether (ETH), or $86,000. дальше »
2020-6-17 03:40 | |
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2009 Bitcoin Miner/s Sign 145 Bitcoin Addresses
A very early bitcoin adopter has proven the possession of some 7,250 bitcoin mined in late 2009 and early 2010, worth nearly $64 million, by signing a message that says:... The post 2009 Bitcoin Miner/s Sign 145 Bitcoin Addresses appeared first on Trustnodes. дальше »
2020-5-26 20:48 | |
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China-Based BTC Miner and Wallet, Bixin, Opens A $66M Crypto Investment ‘Fund Of Funds’
The announcement released on Friday states, Bixin will set aside 6,600 BTC (~66 million dollars) from its proprietary mining capital into the “fund of funds”. The funds will be invested in global quantitative trading funds with a special focus on arbitrage, BTC futures and general technical and trend analysis within the industry. As Bitcoin heads […] дальше »
2020-5-8 15:52 | |
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Iran Licenses $7.3 Million Bitcoin Mining Enterprise, Move Aimed at Easing U.S. Sanctions
Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH/s) in total. According to media reports, the miner has spent $7. дальше »
2020-5-5 03:15 | |
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London Bitcoin Miner Argo Blockchain Reports 1,000% Revenue Increase to $10 Million
London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8. 62 million ($10. 78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented mining as a service (MaaS) business to a proprietary mining model. дальше »
2020-4-30 01:00 | |
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After Bitmain and Canaan, Bitcoin miner Ebang is latest to plan $100 million IPO
China-based Ebang Holdings has filed a $100 million IPO prospectus with the U. S. Securities and Exchange Commission (SEC), becoming the third Bitcoin mining equipment maker after Bitmain and Canaan to attempt a public offering. дальше »
2020-4-27 08:06 | |
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China-based Bitcoin Miner Manufacturer Ebang Files for a $100M IPO with the US SEC
The China-based ASIC Bitcoin miner manufacturer Ebang is applying for a $100 million IPO in the US, as per the form filed with the US Securities and Exchange Commission on April 24, 2020. In this IPO, Ebang is offering Class A ordinary shares at a value of HK$0. дальше »
2020-4-27 21:04 | |
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BTC Miner Manufacturer Ebang Files for U.S. IPO to Raise $100 Million
Coinspeaker BTC Miner Manufacturer Ebang Files for U. S. IPO to Raise $100 MillionEbang, a Chinese Bitcoin ASIC chip manufacturer, is looking to go public with new shares. The company has filed with the U. дальше »
2020-4-26 18:39 | |
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This Chinese Whale Lost $45 Million in Bitcoin and BCH Overnight: How it Happened
One of the rallying cries Bitcoin’s most fervent advocates use to promote the cryptocurrency is “become your own bank.” Indeed, this nascent technology allows you to complete the basic functions of modern banks: receive transactions, store capital, and send transactions (and also verify/process transactions if you want to become a miner). While many libertarians see... дальше »
2020-2-22 08:19 | |
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Litecoin Founder Charlie Lee Proposes 1% Block Reward Funding Plan To Rake in $1.5 Million
Litecoin founder Charlie Lee proposed a donation program to fund the Litecoin network. The donation of just 1% of block rewards amounting to 0. 125 LTC by every miner would generate a fund of $1. 5 million yearly. дальше »
2020-1-26 18:10 | |
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Bitcoin Cash Miner Jiang Zhuoer Answers Infrastructure Funding Questions
On Wednesday, Btc. top founder Jiang Zhuoer disclosed that five mining operations had plans to donate roughly $6 million in coinbase rewards (depending on market prices) to developers building Bitcoin Cash infrastructure. дальше »
2020-1-24 00:00 | |
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Chinese Bitcoin Mining Firm Canaan Is Rumored To Have Filed For IPO In The US: IFRAsia Findings
A major Bitcoin (BTC) miner manufacturer from China called Canaan Creative is rumored to have just filed for an Initial Public Offering (IPO) in the United States. According to IFRAsia, some inside sources have claimed that the Chinese company wants to be listed on the U. S. and has the goal of acquiring $200 million […] дальше »
2019-7-31 22:17 | |
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Bitcoin Miner Canaan Creative Files For An IPO In the United States
Coinspeaker Bitcoin Miner Canaan Creative Files For An IPO In the United StatesThrough this Bitcoin mining IPO, Canaan plans to raise $200 million from the public. This is the company's second attempt for public filing. дальше »
2019-7-31 12:17 | |
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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?
This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin. дальше »
2019-5-29 18:53 | |
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Bitcoin Miner Revenue is Approaching Yearly High
Bitcoin price regained and held ground above $8000 May 24 as new data showed miner revenues had reached their highest in 10 months. Mining Reverses 2018 Bear Market Lows Data from Blockchain. com confirmed miners’ income as the latest in a series of Bitcoin metrics to turn seriously bullish in recent weeks, with rewards now topping $17. дальше »
2019-5-24 20:00 | |
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Hut 8 Mining on Sustainability, Expansion and Surviving Crypto Winter
Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business. дальше »
2019-5-10 20:04 | |
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Bitcoin Miner Hut 8 Reveals $136 Million Losses for 2018, Eyes Market Uptrend
Canadian BTC miner Hut 8 downplays 2018 losses within context of increased revenue and market recovery
дальше »2019-5-8 14:37 | |
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Bitcoin Transactions Spike in April While SegWit Keeps Fees Low: Report
Research has shown that the number of on-chain Bitcoin transactions has risen dramatically throughout 2019, nearing the volume of Bitcoin’s peak in December 2017. Even so, transaction fees are a fraction of what they were around bitcoin’s all-time high, likely due to the continued uptick of SegWit transactions on the network. дальше »
2019-5-8 00:53 | |
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Billionaire Bitfinex Shareholder Hints at Exchange Token after $850 Million Tether Scandal
By CCN. com: According to a statement released by Dong Zhao on Weibo, a billionaire investor in Bitfinex and a widely recognized trader, bitcoin exchange Bitfinex is planning to create an exchange-based token following the Tether scandal. дальше »
2019-4-30 15:02 | |
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Genesis Mining allegedly attempts hostile takeover of the board of a publicly traded company
HIVE Blockchain Technologies, a publicly traded crypto mining company in Canada, demanded $50 million from Genesis Mining for alleged breach of contract. In response, the largest cloud miner in the world was said to have attempted a hostile takeover of HIVE’s board of directors. дальше »
2019-4-24 17:50 | |
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Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners
They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power. дальше »
2019-4-17 20:52 | |
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Hodler: Bitcoin (BTC) Will Be Worth $98 Million in 20 Years
Bitcoin stands on top of a Gold miner, ready to solve pertinent problems and one bold holder, going by the Twitter Handle Moon_Rekt is optimistic that Bitcoin prices will erupt towards the $98 million mark in the next two decades. дальше »
2019-4-13 14:59 | |
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Vitalik Buterin Says Decreasing Miner’s Reward Schedule is Dishonest for Bitcoin
Vitalik Buterin, the co-founder of Ethereum (ETH), said that decreasing reward schedules are somehow dishonest for Bitcoin (BTC). There have been several discussions regarding Bitcoin’s supply cap of 21 million BTC. дальше »
2019-3-31 22:22 | |
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Respected Chinese Crypto Miner of Poolin Believes Bitcoin Could Scale up to $738,000 Price in the Future
According to the Zhu Fa, the co-founder of Poolin (a Chinese crypto mining firm), the price of Bitcoin (BTC) could scale up to a staggering 5 million Yuan (USD $738,000 approx) in the coming few years. дальше »
2019-2-16 19:12 | |
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$3 Million in Stolen Electricity Leads to $14.5 Million in Crypto Mining Earnings
A Taiwanese Bitcoin miner identified with the last name Yang was recently arrested and charged by authorities for mining 100 million yuan ($14. 5 million) in cryptocurrencies. He used NT$100 million ($3. дальше »
2018-12-28 14:29 | |
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Taiwanese Police Arrest Miner Accused of Stealing Millions in Power
A man with the Surname of Yang has been accused of stealing 100 million Taiwanese dollars (nearly $3. 25 million) worth of electricity to mine cryptocurrencies. Yang is suspected of stealing power from 17 different stores in Northern Taiwan to fuel his mining operations. дальше »
2018-12-28 22:15 | |
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Canadian Bitcoin Miner Fortress Blockchain Reports $1.16M Loss in Q3
Fortress Blockchain’s net loss worsened to $1. 16 million (1. 55 million Canadian dollars) in the third quarter, from $202,000 in the preceding three-month period, as price pressure continues to mount in the global bitcoin mining industry. дальше »
2018-11-29 19:05 | |
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MinerGate Officially Releases Final Version of its Highly Anticipated ‘xFast Miner’
Earlier this week, a spokesperson for MinerGate, one of the world’s top-tier mining pool platforms, announced to its 3. 5 million strong user base that the firm was all set to release the final iteration of its much anticipated ‘xFast Miner’ engine. дальше »
2018-11-21 01:45 | |
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Miner Abandons Swedish County, Leaves $1.5M in Unpaid Electricity Bills
Two mining companies with operations in Sweden have reportedly abandoned their facilities in the country’s northernmost county of Norrbotten. One of the companies, U. S. miner NGDC, appears to have suddenly fled from the area, leaving $1. дальше »
2018-11-16 00:35 | |
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Bitcoin Miner ‘Canaan Creative’ IPO Will Not Happen in 2018
Bitcoin mining equipment maker, Canaan Creative, on Thursday (November 15, 2018) allowed its Initial Public Offering (IPO) filing to elapse. Reports suggest that the company will shelve its IPO plans at least for the remainder of the year. дальше »
2018-11-15 23:00 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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Study Reveals Growing Sophistication in Malicious Mining of Cryptocurrency
Several Chinese researchers from Fudan University, Tsinghua University and the University of California Riverside have produced the first systematic study of the malicious mining of cryptocurrencies, known as cryptojacking, unveiling increasing complexity over time. дальше »
2018-9-25 23:59 | |
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New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner
Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic. дальше »
2018-9-15 01:22 | |
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