Tag: Bitcoin Mining

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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...

Riot Blockchain Buys More Than 1,000 New Antminers

Bitcoin mining company Riot Blockchain has announced the purchase of more than 1,000 additional mining machines in the face of bitcoin’s latest halving event,...

Numuni Inc. Announces Plans to Enter Bitcoin Mining

Sun Kissed Industries, Inc.’s Numuni Inc. subsidiary says that it sees bitcoin mining as a key source of revenue for its digital media platform. Numuni...

Ya’an Has Too Much Hydroelectricity; Offers It to BTC Miners

A Chinese city known as Ya’an is asking all its bitcoin and crypto miners to use up all its excess hydropower. Ya'an: Use Up Our...

Bitcoin Up By $200 as Miners Seek Cheaper Energy

The good news has arrived, folks. Bitcoin – the number one cryptocurrency by market cap – has broken $7,700 in what looks like a...