2020-7-20 19:25 |
The ongoing battle between the two co-founders at Bitmain has essentially hard forked the production at the world’s largest bitcoin miner manufacturer. origin »
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Bitcoin is now sitting at miner production cost as options volumes skyrocket to $200 million per day
2020-3-10 20:05 | |
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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.
2019-5-10 20:04 | |
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This article was originally published by 8btc and written by Lylian Teng. Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government crackdown on cryptocurrency and its production process.
2019-4-11 23:38 | |
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JPMorgan has caused a stir amongst cryptocurrency miners, after last month’s report estimating Bitcoin’s ‘fair value’ at $2400. This assessment derives from the marginal cost of producing Bitcoin, but some disagree with Chinese miners’ production cost estimations.
2019-2-21 16:00 | |
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Japanese internet giant GMO Internet Group is quitting the cryptocurrency mining hardware sector, according to a public document. Citing extraordinary loss in Q4 this year, GMO said that it will “no longer develop, manufacture and sell” miners.
2018-12-26 18:00 | |
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Tens of billions of yen in losses have led Japan’s GMO Internet to stop making Bitcoin miners
2018-12-26 15:32 | |
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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.
2018-11-1 23:35 | |
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After delivering 10nm semiconductor technology, the electronics giant Samsung has announced the firm’s foundry has started production of its EUV-based 7nm LPP process. Lately, Bitcoin mining rig manufacturers have added more pressure to the significant global demand for high-performance chips.
2018-10-23 04:30 | |
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As controversies surrounding Bitmain’s looming IPO spell uncertainty for the future well-being of the mining goliath, competitors are fast to move in on the manufacturer’s territory.
2018-9-21 01:04 | |
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The production of ASIC mining rigs has always been somewhat controversial. Because the miners using ASIC are considered by some blockchains to be “cheating,” many companies have to constantly come out with new versions of their own ASIC tech in order to dodge the bans and patches on major cryptocurrency blockchains like Bitcoin and Ethereum. […]
2018-8-13 19:55 | |
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The escalating internal power struggle at Bitmain is starting to have a more serious impact on its business and customers.
Bitmain remains at the center of the crypto economy. But, in China, "mining avengers" are racing to catch up.