Bitcoin Mining

Block reward miner Bit Digital faces class-action lawsuit over alleged fraud.

Block reward miner Big Digital is facing a class-action lawsuit in the Southern District Court of New York. Investors are accusing the firm of making false and misleading statements. Investors who bought a stake in the Nasdaq-listed and New...

Crypto mining machine manufacturer MicroBT is rumored to be preparing for an IPO.

According to sources close to the company, Chinese block reward miner manufacturer MicroBT is preparing for an imminent initial public offering (IPO) that could see the firm debut on the Nasdaq over the coming weeks. The bitcoin mining machine...

CoinFarming.com domain name is now available for sale at Coinnounce, buy now.

Contact – [email protected] The cryptocurrency mining industry is an emerging space, as the crypto continues to gain more and more mainstream exposure. Cryptocurrency mining is considered the backbone of the crypto industry. CoinFarming is a suitable domain name for your next...

US steel plant reportedly caught bitcoin mining after it shut down operations.

According to a local news outlet Radio Liberty report, the Kentucky steel plant owned by Ukrainian oligarch Ihor Kolomoisky has been indulging in bitcoin mining after it shut down operations and laid off staff over the summer. Kolomoisky, former...

Bitmain announces the launch of AnSentry International.

Bitmain, one of the world’s largest Bitcoin mining hardware manufacturers, announced the launch of AnSentry International, the global version of the cloud-based operation and maintenance management system. According to the announcement, AntSentry China was launched earlier this year and...

Chinese authorities shut off electricity to crypto miners in Yunnan province.

According to local media reports, authorities from Baoshan's city in Yunnan's Chinese province are escalating efforts to crack down on Bitcoin miners, ordering electricity producers to cease supplying power to the city's crypto miners. Chinese crypto reporter Colin Wu...

Bitcoin hash rate plummets as the rainy season ends in Sichuan.

Mining data aggregators attribute a slump in Bitcoin’s hash rate to the end of the wet season in Sichuan, resulting in many bitcoin miners migrating to other jurisdictions. Thomas Heller of Bitcoin mining blog Hashr8 reported that roughly 22 exahashes...

Abkhazia’s government blames crypto mining for the rising energy crisis in the region – a report by Saumil Kohli.

According to the Jam News report, government's year-old ban on crypto mining has not been respected nor enforced by the local authorities, with crypto miners continuing to take advantage of the area's low energy costs. The director of operational...

Jihan Wu gains the legal upper hand in the ongoing power struggle for Bitmain – a report by Saumil Kohli.

The co-founders of crypto mining machine manufacturer giant, Bitmain, have been locked in a battle for control over the past few months. Co-founders Jihan Wu and Micree Zhan have been in disagreement since October last year when Wu ousted...

Energy consumption by bitcoin is now comparable to the Czech Republic.

Bitcoin's estimated energy consumption and environmental impact has increased quite significantly. The energy consumption grew due to the heavy power demands of mining rigs until May's halving event, at which point it fell off a cliff as mining rewards...

Latest News

American investor and fund manager Bill Miller says Bitcoin is not a bubble.

Bill Miller, a well-known American investor and fund manager, said that Bitcoin is not a bubble. The American investor...