Tag: Bitcoin Mining

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Barry Silbert Looks to Bring Chinese BTC Mining Business Back to the U.S.

Barry Silbert – crypto entrepreneur and the leader of the Digital Currency Group (DCG) – has announced that he is looking to remove some...

Could China Perform an Attack on Bitcoin?

The fact that China has become such a big “bitcoin nation” over the past several years is worrying to some. They are concerned that...

China Penalizes More Than 20 Mining Firms

The Inner Mongolia region of China is a prime hotspot for bitcoin miners. The energy is cheap and plentiful, so if you’re looking to...

Riot Blockchain to Purchase More than $17 Million in New Mining Equipment

Riot Blockchain has announced that it has signed a $17.7 million purchase with China’s Bitmain – the largest and most dominant crypto mining firm...

Bit Farms Mining Firm Is Straddled with Tons of Debt

Canadian crypto mining firm Bit Farms is swamped with high-interest debt. How Will Bit Farms Pay Everything Off? The company has been struggling to pay off...

Where will Bitcoin Miners Be Once All Units Are Extracted?

We’ve often heard about how much bitcoin is presently circulating throughout the financial markets. At the time of writing, about 18 million units of...

People Don’t Seem Interested in Canaan Creative, Anymore

Canaan Creative has some monster-sized decisions to make if it wants to stay in business and compete with the likes of Bitmain and other...

Grayscale Is Keeping BTC at the Top of the Financial Ladder

No doubt bitcoin has been moving through hoops and tunnels since the coronavirus took hold of the global economy, but thanks to companies like...

Halving Didn’t Stop Bitcoin Mining Rewards From Being Big Last Month

Despite a particularly shaky month, new research suggests that bitcoin miners pulled in a hefty amount of revenue in May – the month of...

Bitfury Allows Institutional Players to Invest in Its Data Centers

Bitcoin mining and hardware firm Bitfury has announced that it will give accredited investors everywhere the opportunity to invest in its data and mining...

Canaan Creative Has Experienced Heavy Drops in Mining Equipment Sales

Apparently, not all mining companies are in good shape. Canaan Creative – the largest mining facility in China after Bitmain – has announced that...

Companies Report Mining Profits Despite Halving

The bitcoin halving has come and gone, and many were worried about the state of bitcoin’s mining operations and how they would handle the...
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