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Nvidia’s Woes Increases as it Faces a Series of Class Action Lawsuits

The crash in the price of bitcoin and other cryptoassets has taken a heavy toll on NVIDIA, a U. S. -based leading manufacturer of cryptocurrency mining graphics processing units (GPUs), as the firm is now being targeted by class action lawsuits filed by the Schall Law Firm, a securities fraud specialist and others, for allegedly misleading its shareholders, reported tom’s HARDWARE on. дальше »

2019-1-1 16:00


Redstone, Telecor’s Data and Mining Facility Set to Launch in 2019

Telecor has announced the construction of a brand new data and mining center in Russia called Redstone, and it would begin operations in early 2019. The firm says its data center which is being constructed at the Krasnokamensk in almost completed and would serve as the new home for cryptocurrency miners from various regions starting […] The post Redstone, Telecor’s Data and Mining Facility Set to Launch in 2019 appeared first on ZyCrypto. дальше »

2018-12-14 12:21


Gaming Firm Wants to Pay Players to Mine Cryptocurrency

When the crypto chips are down companies often seek alternative methods of generating income. Gaming equipment giant Razer wants to pay gamers to mine crypto using their graphics cards. The new crypto rewards program is called ‘Razer SoftMiner’, and it enables users to put their GPUs to work mining “Silver” which according to the firm […] The post Gaming Firm Wants to Pay Players to Mine Cryptocurrency appeared first on Ethereum World News. дальше »

2018-12-13 10:34


Bitmain Opens Coconut’s Code, A Privacy-Focused Know Your Customer (KYC) Protocol

Code Opened For Coconut, A Privacy-Focuses KYC Protocol The largest crypto mining firm in the world, Bitmain, has developed a new code with the use of Intel’s Enhanced Privacy ID. This new code, Coconut, is popular for the way that it maintains privacy with the know-your-customer protocol. With the division, this company is able to […] дальше »

2018-12-7 08:15


Bitmain Q3 Figures Leak And Could Spell Disaster For The Bitcoin Mining Leader’s Upcoming IPO

Bitmain’s Leaked Q3 Figures Could Spell Disaster For The Firm’s Upcoming IPO According to Twitter user BTCKING555, Bitmain’s third-quarter (Q3) financials have been leaked onto the internet and it appears as though the company has lost a whopping total of $740 million during the aforementioned time period. While no official statement has been released by […] дальше »

2018-12-5 20:03


US-based bitcoin mining firm Giga Watt has declared bankruptcy

Giga Watt, US-based bitcoin mining firm, has declared bankruptcy with millions still owed to creditors, Coindesk reported. On Monday, the firm filed for Chapter 11 bankruptcy at a court in the Eastern District of Washington, revealing that it still owes its biggest 20 unsecured creditors nearly $7 million in court documents. Creditors include the utilities […] дальше »

2018-11-21 18:56


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Troubled Waters as Leading Bitcoin Mining Firm Allows IPO Application Elapse

One of the world’s largest crypto mining firms, Canaan Inc, has announced its application for an initial product offering (IPO) to the Stock Exchange of Hong Kong (HKEX) lapse. The move has also cast a shadow of doubt on what lies in stock for other cryptocurrency equipment makers: Will there be any more surprises, or will one of the remaining. дальше »

2018-11-17 01:00


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“Bitmain Is Restructuring,” But Jihan Wu Still a Board Director: Source

Bitmain has denied reports that its CEO Jihan Wu was ousted as the mining firm’s board director while confirming that the board has undergone restructuring. Setting the record straight, Nishant Sharma, international marketing manager of Bitmain Technologies Limited, told Bitcoin Magazine that, instead of losing his position, Wu will continue on as a co-director of the board amidst a wider reorganization. дальше »

2018-11-15 21:26


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Bitfury Acquires Minority Stake in Final Frontier, Aims To Expand Services

The Bitfury Group has acquired a minority stake in blockchain services firm Final Frontier. Both organizations are looking to utilize each other’s knowledge and experience in the traditional and digital finance spaces to potentially release a new line of financial products and services designed to assist professional investors in getting their hands on digital assets. дальше »

2018-11-14 00:53