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Bitcoin Mining Firm Hut 8 Lays Off More Employees

Hut 8, a Canadian Bitcoin mining firm has laid off more employees, citing poor revenue figures due to the prolonged cryptocurrency bear market of 2018. The Canadian Broadcasting Corporation (CBC) reports that it is the second round of staff cuts, following layoffs earlier in January 2019, as the company reportedly attempts to streamline its operationsRead MoreRead More. дальше »

2019-4-7 15:00


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The Daily: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue

In The Daily this Saturday, Sapphire has designed a new graphics card suitable for mining the recently launched Mimblewimble cryptocurrency Grin. In other news related to the minting of digital coins, Taiwan Semiconductor Manufacturing Company has reported a significant decrease in its revenues from the mining segment, and some Ethereum miners have switched to Constantinople […] The post The Daily: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue appeared first on Bitcoin News. дальше »

2019-1-19 16:05


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Report: GitHub hosts the most cryptocurrency mining malware of any site

It’s no secret cryptojackers prefer Monero, but now researchers have determined exactly how much they have gained with illicit cryptocurrency mining malware. In a new study, academics from Universidad Carlos III de Madrid and King’s College London calculated that crypto-mining malware has generated roughly 720,000 XMR – or 4. дальше »

2019-1-10 14:47


Ebang Crypto Miner Report For Q3 2018 Saw “Significant Decreases” In Revenue In HKEX IPO Documents

Ebang Crypto Miner Report For Q3 2018 Saw “Significant Decreases” In Revenue In HKEX IPO Documents Crypto mining is a crucial component to many platforms in the cryptocurrency industry. However, considering the typical need for mining ASIC hardware, it is unfortunate that hardware producer Ebang didn’t see the demand that it has in the past. […] дальше »

2018-12-23 21:27


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Nvidia Shares Fall 19% After Company Reveals Q4 Revenue Might Fall Short By $700M Due To Falling Crypto-related GPU Demand

Even without directly investing in cryptocurrencies, Nvidia was one of the biggest winners in 2017’s crypto boom. With last year’s soaring prices of digital currencies, the company’s GPUs were selling like hotcakes as crypto miners, who were busy building their mining rigs back then, snapped up stock worth $776 million in 2017 alone. дальше »

2018-11-16 16:09