Miners Dig Deeper Despite Crashing Bitcoin (BTC) Price
With continued drop of Bitcoin’s (BTC) price, one may expect its mining to slow down alongside. Surprisingly, that hasn’t been the case. So, the nub of the matter is that falling prices...
Tag: Bitmain
Leaked Document: Bitmain Has $600M In Bitcoin Cash (BCH)
In 2017, mining hardware giant Bitmain announced that it was jilting Bitcoin (BTC) for Bitcoin Cash (BCH). When Bitmain made the announcement, many observers thought it was a joke.
But...
Bitcoin.com CEO Roger Ver is contemplating launching ICO for the platform
Understandably, we are in that part of the year when many companies will go announcing their (reverse) ICOs. So, if you see them dropping a hint, just know that the season is upon us. Roger...
Bitcoin (BTC) Mining Gets Boost As Bitmain Invests $500 Million
Bitcoin (BTC) mining hardware giant Bitmain has concluded all the necessary arrangements to develop a blockchain mining facility and data center valued at $500 million. The facility’s location...
Crypto Mining Hardware Wreaking Havoc On Proof Of Work Coins
Bitcoin (BTC) and other cryptocurrencies that employ the Proof of Work concept have recently been having a hard time. This comes as a result of the recent surge of crypto mining hardware, particularly...
Bitmain To Invest $100 Million In U.S. Expansion Drive
Bitmain, one of the world’s largest bitcoin miners, has eyes set on the U.S. market. As part of its global expansion plan, they have already received the green light for U.S. authorities to launch....
Chinese Authorities Confiscate 600 Bitcoin Mining Hardware Devices Over Illegal Electricity Connections
Chinese authorities have ramped up pursuit of illegal cryptocurrency mining operations in the country. In the Northeastern province of Tianjin, police have confiscated 600 Bitcoin mining computers over...
Chinese Crypto Mining Giant Bitmain Gets Go-Ahead For US Bitcoin Mining Operation
Bitmain, a Chinese crypto mining giant, has been given the approval to build a blockchain facility in Western Walla Walla County in Washington State. In a unanimous decision, Walla Walla County’s...
Samsung Ramps Up ASIC Chip Production To Take On Bitmain
Bitmain, the world largest developer of chips used for cryptocurrency mining should be a worried lot. Media reports indicate that tech giant Samsung is increasingly expanding...