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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 mining equipment in Bitmain and Canaan...
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China has always had the upper hand when it comes to bitcoin mining. The country hosts two of the largest distributors and builders of mining equipment in Bitmain and Canaan...
Nick Marinoff · January 25, 2021 · 5:00 pm+
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 in the world – and that...
Nick Marinoff · August 27, 2020 · 5:00 pm+
Apparently, not all mining companies are in good shape. Canaan Creative – the largest mining facility in China after Bitmain – has announced that sales seriously dropped during quarter one...
Nick Marinoff · May 23, 2020 · 3:00 pm+
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 coming future. Would mining remain a...
Nick Marinoff · May 21, 2020 · 3:00 pm+
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 Mining Happens For several bitcoin...
Nick Marinoff · April 18, 2020 · 5:00 pm+
The coronavirus has caused several businesses to shut down as of late, but the price of bitcoin is also contributing heavily to economic downplay. Several mining firms and blockchain-based enterprises...
Nick Marinoff · March 28, 2020 · 3:00 pm+
Bitcoin mining giant and competitor to Bitmain Canaan Inc. (aka Canaan Creative) is being sued by investors who claim that the company has violated several industry laws. Canaan Is Taking...
Nick Marinoff · March 9, 2020 · 3:00 pm+
Yang Zuoxing – founder of the Chinese bitcoin mining manufacturer Micro BT – has been arrested for embezzling as much as 100,000 yuan. This comes out to just over $14,000...
Nick Marinoff · December 18, 2019 · 3:00 pm+
Canaan Creative – the second-largest developer and distributor of bitcoin mining equipment – has filed for a public listing on the Nasdaq. The company is hosting a $400 million initial...
Nick Marinoff · October 30, 2019 · 3:00 pm