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Japanese IT Giant GMO Quits Selling Crypto Mining Equipment after Market Slump

Per a report published on December 25, 2018, Japanese internet giant GMO has decided to call off their business of manufacturing and selling cryptocurrency mining machines. Market Slump to Blame for Declining Profits According to the report, GMO’s in-house mining business profitability took a major beating due to the declining cryptocurrency prices. дальше »

2018-12-28 09:00


Newsflash: Bitcoin Cash survival in jeopardy while Lightning Network development soars

Bitmain could fire up to 50% of its staffers which doesn’t bode well for BCH Chinese cryptocurrency mining giant Bitmain is not faring that well at the moment. This current environment of low crypto prices caused a sharp drop of interest for new mining equipment, and companies like Bitmain have felt that the most. дальше »

2018-12-25 23:48


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Bitmain IPO Suffers Major Setback as Hong Kong Regulator Declares Crypto Firms “Immature”

These are not the best of times indeed for Bitmain,  the world’s largest manufacturer of bitcoin mining equipment as Hong Kong’s stock market regulator, HKEX has made it clear that it would not approve the initial public offering (IPO) applications of DLT-linked firms until the region formulates a robust regulatory framework to govern its blockchain technology and cryptocurrency space, reported. дальше »

2018-12-22 00:00


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Hackers Unfazed by Crypto Price Crash as they Double Down on Wallet Attacks

According to a report by ZDNet, published on December 10, 2018, cybercriminals have doubled-down on their efforts to hack into internet-exposed Ethereum wallets and mining equipment. Publicly Exposed Ports Risk Holders Wallets Per the report, cybercriminals are actively scanning for crypto equipment with port 8545 exposed online. дальше »

2018-12-11 18:05


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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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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


Bitfury’s Billion Dollar Valuation Shows Bitcoin Mining Network’s Growth And Interest Is Climbing

Bitcoin Mining Market Continues To Draw Interest Despite Various Reports Suggesting Otherwise Even though the past couple of months have seen a host of news stories suggesting that the Bitcoin Mining industry has been losing traction globally, BTC mining equipment manufacturer, Bitfury, recently announced that it been successful in securing a valuation of $1 billion […] дальше »

2018-11-8 19:03


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Federal Election Committee Asked to Consider Crypto Mining for Political Contributions

OsiaNetwork LLC has reached out to the Federal Election Committee (FEC) in the hopes that it will allow computer sharing for crypto mining for campaign donations. Osia says it would like to be the platform in which volunteers share their computer power to mine cryptocurrencies, which are then donated to political campaigns of their choice. дальше »

2018-10-5 23:57