Tag: Bitcoin Mining

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Today Marks the Mining of the 18 Millionth Bitcoin

Today, on Friday, the 18 millionth bitcoin is set to be mined. That means there are only three million BTC units left to extract...

Bitmain CEO: Bullish Behavior Unlikely Following May 2020 BTC Halving

With bearish activity spreading throughout the crypto space as of late, many people are looking for some sort of miracle to sort things out....

Hut 8 Finds New Ways of Offering Crypto to Customers

Hut 8 is a company that claims to be a new kind of mining firm. As bitcoin’s price crashes this week, some have taken...

Canada’s Bit Farms Buys More Than 2,000 Mining Machines

Bit Farms, a cryptocurrency mining company stationed in Canada, has bought more than 2,000 new A10 Avalon mining machines to improve its mining capabilities.  Bit...

Bitmain to Provide Two New Machines By November

Bitcoin mining equipment manufacturer Bitmain has launched two new ASIC machines for miners to enjoy. With roughly 18 million of 21 million BTC units...

Study: Bitcoin Carbon Emissions Are Silent but Deadly

Is bitcoin harming the planet? Study Suggest Bitcoin and Carbon Are Too Close Together According to a new study, bitcoin’s energy consumption is equivalent to that...

Is a Main Currency of China Going Digital?

An official currency of China is slated to become a digital asset, according to a leading analyst. China and Crypto: A Rocky Relationship Donald Tapscott –...

Bitcoin: 400 Million Transactions and Counting

Bitcoin, the father of cryptocurrency, has hit a major turning point in its “life” and has recorded its 400 millionth transaction. Bitcoin Is Moving on...

Will Bitcoin Mining Be Illegal in China?

The Chinese government is considering a nationwide ban on bitcoin mining. China and Bitcoin Enter the Ring China and bitcoin have not always boasted strong relationships...

German Private Equity Firm Xolaris Doubles Down on Bitcoin Mining Efforts

Bitcoin's terrible price performance forces companies to make tough calls. Especially in the mining department, breaking even has become a lot more difficult. German...

Bitcoin Mining ASICs Sold by Weight as Profits Dry Up

Bitcoin’s price rise in late 2017 gave way to a mining “gold rush” of sorts. Bitcoin ASICs, the machines used to mine the cryptocurrency,...

Bitcoin Miners in Norway Face Tough Times as Government Scraps Electricity Subsidies

Bitcoin miners face tougher times ahead as the government scraps subsidized electricity for local cryptocurrency miners. This move comes amidst the dwindling price of...