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Bitcoin Mining

Crypto Mining Firm Bitdeer Set to Merge with Blue Safari

Singapore-stationed crypto mining firm Bitdeer Technologies Holding Co. is merging with a company known as Blue Safari Group Acquisition Corp. The former enterprise is...
Bitcoin Mining

China Says Its Running Out of Crypto Mining Equipment

China has always had the upper hand when it comes to bitcoin mining. The country hosts two of the largest distributors and builders of...
Bitcoin Mining

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...
Bitcoin 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...
Bitcoin Mining

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...
Bitcoin Mining

Some Bitcoin Mining Firms Are Deemed Important Enough to Keep Open

The coronavirus has shut down many non-essential businesses, and that has affected the bitcoin mining arena in many ways. It All Depends on Where Bitcoin...
Bitcoin Mining

BTC Mining Ventures Like California’s Digital Farms Are Being Forced to Close Their Doors

The coronavirus has caused several businesses to shut down as of late, but the price of bitcoin is also contributing heavily to economic downplay....
Bitcoin Mining

Mining Enterprise Canaan Hit with Investor Lawsuit

Bitcoin mining giant and competitor to Bitmain Canaan Inc. (aka Canaan Creative) is being sued by investors who claim that the company has violated...
Bitcoin Mining

Chinese Crypto Mining Exec Yang Zuoxing Has Been in Jail for Two Months

Yang Zuoxing – founder of the Chinese bitcoin mining manufacturer Micro BT – has been arrested for embezzling as much as 100,000 yuan. This...
Bitcoin Mining

Canaan Creative Is Looking to Get Itself Listed on the Nasdaq

Canaan Creative – the second-largest developer and distributor of bitcoin mining equipment – has filed for a public listing on the Nasdaq. The company...
Bitcoin Mining

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....
Bitcoin Mining

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...
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