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Bitmain’s New 7nm Chip Miners Are Available for Purchase Today
Chinese mining giant Bitmain's 7nm Bitcoin miners go on sale today, November 8, 2018. Announced in September of 2018, the miners allegedly offer considerably faster hash rates (though Bitmain didn’t disclose any specifications) and come in two separate Antminer models: the S15 and T15. дальше »
2018-11-9 18:52 | |
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Chinese school teachers caught mining Ethereum at work
Two principals at a Chinese school have been caught using their employer’s electricity to mine Ethereum, according to local news outlet HK01. The report details how employees at Puman Middle School in Hunan province had been witnessing excessive noise from computers over the last few months – day and night, even during the holidays. дальше »
2018-11-8 18:23 | |
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China Looks to Finally Regulate Crypto Industry in What Appears to be a Momentous Moment
Just a few years back, China pretty much dominated all of the world’s cryptocurrency trading and mining markets— with nearly 75% of the entire planets’ mining coming from the Asian powerhouse. However, all of that changed in 2017, when the Chinese government put in place a series of bans that suddenly toppled the nation’s burgeoning […] дальше »
2018-10-30 20:05 | |
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Bitmain Enables Overt AsicBoost Activation in Latest Firmware Update
Chinese cryptocurrency mining giant, Bitmain, has officially released a firmware update that allows Bitcoin miners to activate the Overt AsicBoost upgrade that significantly increases their operational efficiency and decreases their cost-basis. дальше »
2018-10-23 09:00 | |
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Bearish Markets Strangle Home Crypto Miners in China
Even as President Trump feared China’s bitcoin-prowess, the fact is far from the truth it appears as news breaking from local Chinese mining industry reveals that they are shutting down operations in larger numbers. дальше »
2018-10-19 22:05 | |
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Chinese-Based ASIC Chip Maker Bitmain Bracing for Tough Times Ahead as China–US Trade War Tensions Rise
The South China Morning Post reported on Oct. 16 that Bitmain, the world’s largest manufacturer of cryptocurrency mining hardware, is bracing for tough times as new US tariffs targeting Chinese goods has been in effect since Aug. дальше »
2018-10-19 20:19 | |
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US Marshals Service Announces Auction of 660 BTC
The United States Marshals Service (USMS) has announced an auction of 660 BTC that is scheduled to take place on Nov. 4. Under the auction rules, interested participants must formally identify themselves to the USMS and submit deposits of $200,000. дальше »
2018-10-19 14:30 | |
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Trump Tariffs to Impact Chinese Mining Hardware Manufacturers
The escalating U. S. – China trade war threatens to have an adverse impact on the operations of Chinese mining equipment manufacturers, with imports of mining hardware now facing stateside tariffs of more than 25 percent. дальше »
2018-10-19 07:32 | |
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Chinese Bitcoin Mining Equipment Manufacturers Suffer Setback as Trump Increases Tariffs
Bitmain’s $3 billion initial public offering (IPO), as well as that of other Chinese bitcoin mining equipment manufacturers such as Canaan and Ebang, may be adversely affected by the June categorization of the firm’s Antminer S9 ASICs miners as “electrical machinery apparatus. дальше »
2018-10-19 05:00 | |
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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. дальше »
2018-10-17 00:30 | |
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Trump Blows the Lid-Off IPO Plans by Slapping High Taxes on Beijing’s Mining Hardware
In continuation of President Trump’s protectionist laws, Chinese goods are taxed steeply when imported into the US. The latest victim of this economic policy has been crypto mining gear manufactured in China, by the world’s number one mining hardware manufacturer Bitmain. дальше »
2018-10-17 21:56 | |
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Bitcoin Mining: Chinese Man Gets 3.5 Year Sentence for Stealing Power to Mine Bitcoin
A Chinese man has been handed a three and a half year sentence for illegally tapping power from a train station in China for crypto mining purposes. According to a… The post Bitcoin Mining: Chinese Man Gets 3. дальше »
2018-10-15 19:09 | |
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New Bitcoin Study Suggests Chinese Crypto Mining Centralization Is A Threat To Industry
According to a new study conducted by Princeton University and Florida International University Bitcoin has a very dangerous threat. The joint study explains that the most popular virtual currency has a significant mining geographical centralization. дальше »
2018-10-15 09:40 | |
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Don’t Underestimate China’s Power In Bitcoin
There has been a wealth of news of late about China and the Chinese authorities new position on cryptocurrency. In the shortest possible terms, the government want to totally ban cryptocurrency trading and investment and wish to stamp out the Bitcoin culture that has slowly built up in China. дальше »
2018-10-15 23:00 | |
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Study Argues Chinese Mining Centralization Poses Threat to Bitcoin Network
A joint study conducted by Princeton University and Florida International University has found three-quarters of Bitcoin mining is based in China and warned of the potential risks that could result from the significant geographical centralization of the mining network. дальше »
2018-10-15 13:00 | |
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Report Links 74% of Bitcoin Mining to China, Sees Threat to Network
Bitcoin, the world’s most sought-after cryptocurrency, could be at the wish and whim of Asia’s economic giant. A recent study titled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin,” jointly researched by Princeton University and Florida International University researchers, suggests China’s mining scene has an overwhelming influence over Bitcoin, something that could invite network manipulation. дальше »
2018-10-11 00:29 | |
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David Vs. Goliath: Companies Like MicroBt Look To Challenge Bitmain’s Dominance
Bitmain is well-known across the cryptocurrency community for dominating the mining hardware market. Some think the Chinese giant might be losing its edge, and a growing number of competitors are emerging to challenge the company. дальше »
2018-10-10 00:00 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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China: Man Sentenced to Prison for Stealing Railway Electricity to Mine Bitcoin
Although the Chinese regulatory bodies have maintained their distance from cryptocurrencies, it has not deterred the people in the country from partaking in the promising crypto mining industry – as a Chinese man was recently sentenced to 3. дальше »
2018-10-9 15:00 | |
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Chinese Bitcoin (BTC) Miner Nabs Electricity, Authorities Crack Down
Man Steals $15,000 Of Electricity For Bitcoin (BTC) Mining Despite the stringent rules placed on China’s crypto scene, the Bitcoin and altcoin mining business remains as hot as ever. So hot, in fact, that a Chinese man, named Xu Xinghu, thought it would be a good idea to steal electricity from the nation’s train network […] The post Chinese Bitcoin (BTC) Miner Nabs Electricity, Authorities Crack Down appeared first on Ethereum World News. дальше »
2018-10-8 23:00 | |
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Майнер из Китая сядет в тюрьму на 3,5 года за кражу электричества
Майнера из Китая уличили в краже электричества, стоимостью в $15 000. Суд приговорил его к тюремному заключению на 3,5 года. Chinese guy sentenced to 3. 5 yrs in prison and pay ~$14. 5K in fines for stealing ~$15K worth of electricity to mine 3. дальше »
2018-10-8 18:03 | |
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Chinese man arrested for stealing electricity to mine Bitcoin
I’ve heard some pretty innovative ways to avoid the electricity bill while mining cryptocurrency, but this is a new one. A Chinese man has been stealing electricity from a local railway network operator in order to power his Bitcoin mining rigs. дальше »
2018-10-8 15:45 | |
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Trade War Between China and USA Affects GPU Tariffs, Cryptocurrency Mining to be Affected
President Trump’s latest tariffs on Chinese goods could lead to an increase of graphics cards from both AMD and NVIDIA in the following months, reported CNBC on September 27, 2018. In a competitive mining scene where profit margins are slim, even the slightest increase in costs could mean the difference from being in the black and being in the red. дальше »
2018-9-30 18:00 | |
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Bitmain’s First-Ever Public Disclosure Out, IPO Plan Still on Amid Bearish Crypto Markets
Even though the Chinese government is cracking down on crypto entities, its homegrown crypto giant Bitmain continues to flourish. Bitmain, the largest crypto mining company in the world, released its public disclosures on Wednesday, Sept. дальше »
2018-9-28 21:24 | |
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IPO of Crypto Mining Giant Bitmain Could Pose More Risks Than Benefits
Bitmain, the world’s largest crypto mining equipment manufacturer, has filed for an initial public offering (IPO) with the Hong Kong Stock Exchange (HKSE) after recording staggering year-on-year growth. дальше »
2018-9-28 13:10 | |
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Bitmain Releases First Public Financial Disclosures
On September 26th, mining firm Bitmain publicly disclosed its financial information for the first time. The move comes in anticipation of an IPO on the Hong Kong Stock Exchange. Bitmain, the Chinese giant of crypto mining, has publicly released its financial standings in a prospectus report on Wednesday. дальше »
2018-9-27 17:00 | |
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Bitmain Publishes Draft Application For Public Listing on Hong Kong Exchange
The popular Chinese mining platform, Bitmain, has filled out a draft application for its shares to be listed on the Hong Kong Stock Exchange (HKEX. ) Going Public This document was published on September 26th and includes a longstanding history of the platform before going into its reasoning for an application. дальше »
2018-9-27 09:10 | |
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[Breaking]: Bitmain Lost $700 Million in Q2, Will Be Net Income Negative By End of the Year, According to Source
Bitmain Lost $700 Million in Q2, Will Be Net Income Negative By End of the Year, According to Source A mysterious “Bitmain source” has surfaced to make some surprising claims about the Chinese mining giant. дальше »
2018-9-27 23:48 | |
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Bitmain Officially Files for IPO As It Faces Growing Competition, BCH Jumps 20%
Chinese cryptocurrency mining giant, Bitmain, has officially filed an application to conduct an Initial Public Offering (IPO) on the Hong Kong Stock Exchange (HKEX). The application has been long anticipated by analysts, and many cryptocurrency investors are excited at the prospect of being able to invest in the mining operation. дальше »
2018-9-27 22:00 | |
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Research: New Botnet Scanning the Web to Shut Down Illicit Cryptominers
Chinese security researchers from Qihoo 360 Netlab have discovered a savvy botnet that destroys illicit crypto mining malware rather than hacking victims’ PCs for its benefit. The Benevolent ‘Cryptojacker’ The botnet, called Fbot, is based on the Satori Mirai program, which is typically used for DDoS attacks, according to Bleeping Computer, who first reported the news […] The post Research: New Botnet Scanning the Web to Shut Down Illicit Cryptominers appeared first on CryptoSlate. дальше »
2018-9-21 22:00 | |
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Chinese Company Considers U.S. Defense Department Facility for Crypto Mining
The Wuhan General Group is currently looking to repurpose a US Defense Department data center into a crypto mining facility. Learn about it here. The post Chinese Company Considers U.S. Defense Department Facility for Crypto Mining appeared first on CoinCentral. дальше »
2018-9-19 18:52 | |
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A Chinese Holding Firm Is Transforming a U.S. Defense Department Data Center into a Crypto Mining Farm
Chinese holding company Wuhan General Group (China), Inc. has entered negotiations to transform a U. S. Defense Department facility into a crypto mining farm, the company announced in a September 11, 2018, press release. дальше »
2018-9-13 11:00 | |
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Chinese Investment Firm Buys US Department of Defense Office, Transforming Into Crypto Mining Farm
A U. S. Department of Defense data center will be transformed into a cryptocurrency mining farm later this by the Chinese investment firm Wuhan General Group, which recently purchased the facility. дальше »
2018-9-13 01:00 | |
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The Daily: Nobel Laureates to Advise Industry, DoD Facility to Become Mining Farm
In today’s edition of The Daily we cover stories about two Nobel winners to advise the crypto industry, another leading sports team launching a fan token, Malta Stock Exchange and Binance creating a new trading venue, and a Chinese company that will transform a US Defense Department facility into a mining farm. дальше »
2018-9-12 15:35 | |
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OKEx Founder Released After Questioning in Connection With Suspected Coin Fraud
The founder of cryptocurrency exchange OKEx was detained for questioning on September 10, 2018, by Shanghai police to investigate a case of suspected digital currency fraud related to WFee coin. дальше »
2018-9-12 23:42 | |
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Bitmain’s Bitcoin Mining IPO Sees More Vulnerabilities and Secrets Get Unwanted Exposure
Bitcoin Mining Giant Bitmain Roasted After Exposure Of Vulnerabilities And Secrets The Chief Strategy Officer of Blockstream, Samson Mow, has recently revealed several facts and opinions about Bitmain, the Chinese mining giant which is about to launch its Initial Public Offering (IPO). дальше »
2018-8-30 22:56 | |
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Chinese Bitcoin Mining Rig Makers Set to Make Billions with IPO Plans
The big three in the world of bitcoin mining equipment manufacturers are all planning to list in Hong Kong and raise billions of dollars in the process. An August 27, 2018, Reuters report examined how Bitmain, Canaan Creative, and Ebang are going about their billion dollar IPO plans. дальше »
2018-8-30 05:00 | |
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New Bitmain IPO Drama: Temasek Threatens Withdraw Due to $560 Million Misrepresentation
Report Claims Bitmain Already Has $560 Million in Commitments for the Pre-IPO Round, But the Investor is Threatening to Pull Deal There’s big drama in the cryptocurrency community tonight as it’s being reported that Chinese mining hardware giant Bitmain has already secured $560 million in commitments for its pre-IPO round. It’s not all good news, […] дальше »
2018-8-26 20:24 | |
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