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Bitcoin Mining

Bitcoin Mining

Interview With CEO of Bitcoin Mining Infrastructure Provider Northern Data

January 11, 2021

“We participate directly in the rising Bitcoin price“ Northern Data, the specialist in high-performance computing, is one of the world’s leading providers of infrastructure for Bitcoin mining and listed on …

Bitcoin Mining

Existing Bitcoin mining customer expands contract volume

January 4, 2021

These days are eventful ones for Bitcoin-lovers. And not just the ones who held on to their Bitcoins during the dark times get rewarded. Also, the Bitcoin mining industry is …

Bitcoin Mining

ViaBTC Brings Back Its Profitable Crypto Cloud Mining Services

December 7, 2020

All markets are cyclical, and the cryptocurrency markets are no different. At the height of the crypto bubble in 2017, everyone wanted to get into Bitcoin. People scrambled to buy …

Bitcoin Mining

‘We’re getting paid to produce Bitcoins’ reveals Texas BTC miner

September 2, 2020

Texas crypto miner operator Layer1 Technologies has been able to sell back its power supply for 8X the price. According to a Sept. 1 Bloomberg report, Layer1 reported nearly 700% …

Bitcoin Mining

Mysterious Bitcoin mining pattern potentially solved after seven years

August 31, 2020

We reported last week about the latest findings of Sergio Dermain Lerner, who is known for his discovery of the so-called “Patoshi pattern”. His latest research suggested that Satoshi Nakamoto …

Bitcoin Mining

Researcher Re-mines Satoshi’s Bitcoin Blocks To Discover His Secrets

August 23, 2020

Sergio Dermain Lerner, a researcher known for looking at the mining patterns of the original Bitcoin (BTC) miner, has turned his attention on the Bitcoin blocks mined by Satoshi Nakamoto. …

Bitcoin Mining

After 10% Difficulty Drop, Bitcoin Miners Are Back in the Game

June 7, 2020

Just weeks ago, there were fears that miners had begun to capitulate. Bitcoin blocks were slower than normal, transaction fees skyrocketed, and data analysts observed large outflows from miner wallets. …

Bitcoin Mining

Bitmain Confirms Ousting of Micree Zhan, Threatens Legal Action

May 27, 2020

Mining equipment producer Bitmain has issued two concurrent statements regarding its disgraced co-founder Micree Zhan, confirming his ousting in October. The statements were posted on Bitmain’s Weibo page on May …

Bitcoin Mining

U.S. Crypto Miners See Blow Ahead of Halving For This Reason

April 13, 2020

There were times when crypto mining was profitable even to the smallest hobbyist miner. But with the languishing prices and high costs of equipment and energy, those days are very …

Bitcoin Mining

Bitcoin Mining Hardware Maker Reports $148M Net Loss in 2019

April 9, 2020

Nasdaq-listed Bitcoin mining equipment manufacturer, Canaan, reported a net loss of $148 million for 2019, according to the latest financial results filed with the Securities and Exchange Commission (SEC). The …

Bitcoin Mining

Canaan Crypto Mining Firm Lawsuit to Get Underway Next Month

April 7, 2020

As litigation begins for crypto mining equipment manufacturer Canaan over its IPO, shareholders must decide on the lead plaintiff by May. The Crypto Class Action Lawsuit Against Canaan IPO In …

Bitcoin Mining

US Court Throws Out Nvidia Corp Crypto Lawsuit

March 17, 2020

A group of investors charged US-based GPU maker Nvidia with making false statements about its inventory of graphic processing units (GPUs). However, US District Judge Haywood S. Gilliam Jr. threw …

Bitcoin Mining

Bitcoin Still on Track For Massive Gains After Halving

March 2, 2020

Bitcoin has spent the weekend consolidating in the mid-$8k zone following a week of sharp declines through several levels of support. The stock to flow model is still holding course …

Bitcoin Mining

Bitcoin Mining Stock Surges as Chinese Economy Falters

February 14, 2020

The economic fallout from the Coronavirus is starting to be felt across the world. China’s economy has been the hardest hit but contrary to wider market movements, bitcoin mining stock …

Bitcoin Mining

Nasdaq Issues Warning to Bitcoin Mining Company

January 9, 2020

According to recent reports, Nasdaq recently notified Golden Bull Limited, warning the company that it is no longer compliant with listing rules due to the lack of Form 6-K. Golden …

Bitcoin Mining

IMF Calls on Georgia to Evaluate Crypto Income for Trade Balance

November 30, 2019

The International Monetary Fund (IMF) recommends that Georgia include the income from crypto trade and mining in its foreign trade balance reports. IMF Welcomes More Transparency on Crypto Mining The …

Bitcoin Mining

Is Chinese Bitcoin Mining Firm Canaan’s $400M IPO a Desperate Move?

November 12, 2019

Chinese bitcoin mining hardware maker, Canaan, plans to raise $400 million through public sale of its stocks. But will the IPO ride be smooth or bumpy?  Volatility is usual for …

Bitcoin Mining

Why Bitcoin Mining is Still a Very Lucrative Venture

October 30, 2019

Bitcoin prices are still extremely volatile and, as we saw at the weekend, experience wild swings in both directions. This trend is likely to continue until distribution evens out and …

bitcoin

How To Mine Bitcoin More Efficiently…Use An Actual Mine in Norway

November 11, 2018

Bitcoin mining is unquestionably a costly business, but Northern Bitcoin claims to have cut expenses by using a former metal mine in Norway. Innovation Station Bitcoin mining is unquestionably a …

Bitcoin Mining

Bitcoin Mining Consumes Over 3X the Energy of Gold Mining: Research

November 8, 2018

Twitter Facebook LinkedIn A new paper indicates that the energy required to mine cryptocurrencies is more than what is consumed when excavating for metals of equivalent dollar value. In the …

bitcoin

Bitcoin Mining Market Still Strong as Shown by Bitfury’s $1 Billion Valuation

November 7, 2018

Twitter Facebook LinkedIn This week, Bitcoin mining equipment manufacturer and blockchain software firm Bitfury secured a valuation of $1 billion from billionaire investor Mike Novogratz and Korelya Capital’s $80 million …

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