Bitcoin Mining

Chinese bitcoin mining giant Bitmain launches sale of 84 TH/s Antminer T19.

Bitcoin mining machine manufacturer giant Bitmain launched the sale of its latest ASIC-based SHA-256 miner, the Antminer T19. According to the official announcement from Bitmain, the Antminer T19 is the third model released from the latest generation of Antminers...

Crypto asset management firm Grayscale has increased bitcoin buying speed since the third halvening.

The crypto asset management company, Grayscale Investments, has increased its Bitcoin buying speed in the past few weeks. According to a researcher, the firm’s accumulation levels have surged to about 150% of the freshly mined coins since the third...

Regulators in China’s Sichuan order crypto mining companies to shut down in an orderly manner

Regulators in China's Sichuan region have sent a notice to all crypto businesses within their jurisdiction end to all mining and mining-related activities in an orderly manner. Municipal administrators and subordinate offices in the region have also been directed...

Bitcoin mining machine maker Canaan reports $5.6 million net loss in Q1 of 2020.

The Chinese company Canaan cut prices of its ASIC-based bitcoin mining machines by nearly 50% to improve sales, but it wasn't enough to prevent the heavy loss. The demand for bitcoin mining rigs slumped as the coronavirus pandemic disrupted...

Bitcoin records an all-time high hash rate on the halvening day

The leading cryptocurrency on its halvening day recorded an all-time high hash rate. This is the third time that the mining reward was reduced to cut the supply of new coins being created. The price of bitcoin stumbled over...

Morgan Creek Digital co-founder Jason Williams predicts bitcoin could reach $6,800.

The price of the leading cryptocurrency slipped down the $8,800 mark over the weekend and spiraling downwards after some time. Currently, the price of bitcoin is trading at just above the $8,800 mark. The co-founder and partner at Morgan...

Bitcoin halvening is likely to trigger hashrate to plunge drastically

The Google search trend for bitcoin halving is showing a four-fold increase in comparison with the last event four years ago. The main reason predicted for the sell-off has been miner capitulation and sell-off due to an up-gradation to...

Iran government grants license for operation of a 6000-Rig Mining Plant

Iranian authorities granted a license for cryptocurrency mining company iMiner to operate in the province of Semnan. With 6,000 rigs, Turkey-based iMiner's setup would purportedly make it one of the largest crypto miners in the country. According to a...

Binance launches mining pool as community fears the centralization of hash power

Changpeng Zhao owned cryptocurrency exchange Binance launched its mining pool "Binance Pool" on Monday. The crypto community is concerned over the increasing centralization of the hashing power. Binance pool will operate with zero fees until the end of the...

Bitcoin miner manufacturer Ebang files a $100 million IPO in US

Bitcoin mining chip producer Ebang has filed for a $100 million IPO in the United States. The firm is seeking to distribute Class A ordinary shares at face value of $0.00013 per share. Ebang plans to list on either...

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European Central Bank’s president calls for greater regulation of bitcoin.

According to the Reuters report, the European Central Bank president Christine Lagarde has called for greater regulation of bitcoin...