Mining

27 Aug 2020

Riot Blockchain buys 5,100 S19 Pro Antminers from Bitmain that increases the Hash Rate to 2EH/s

Riot Blockchain, a Nasdaq-listed Bitcoin mining firm, has purchases 5,100 Bitmain S19 Pro Antminers that are set to be deployed by February 2021. Riot continues its operational growth, and the…

Analysis Mining

4 Aug 2020

BTC price effect on the mining industry

2020 was a year that many miners were fearing. They knew that a new Bitcoin Halving was coming, which meant that they would be getting half of what they were…

Bitcoin news Mining

8 Jul 2020

Venezuelan Authorities confiscate 315 Bitcoin mining machines.

In Venezuela, the Bolivarian National Guard of Puerto Ordaz confiscated up to 315 Bitcoin mining machines made by Bitmain. The confiscation was because the miners did not have the required…

Cryptocurrency news Mining

27 Apr 2020

Binance launches a crypto mining pool

Binance launches a mining pool even though there are concerns about it centralizing the hashing power. Binance pool, which is the exchange’s pool, officially gets launched on April 27th. The…

Bitcoin news Cryptocurrency news Mining

18 Apr 2020

Bitcoin Halving and it’s Top 10 Expected Effects

There is so much anticipation on the upcoming Bitcoin halving in the crypto world. Both investors and miners are looking for the event which is set to happen in May.…

Guides & Explanations Mining

25 Mar 2020

Challenges of the Cryptocurrency Mining Industry

The process to obtain cryptocurrencies like Bitcoin and Etherum is different from how you can get other currencies. These digital coins have to be mined using the blockchain system, and…

Bitcoin news Cryptocurrency news Mining

23 Jan 2020

Bitmain Advised to shelve USA IPO plans due to BitClub Ponzi scheme ties

Bitmain’s legal team have advised the crypto mining equipment manufacturer to set aside their IPO plans due to dark clouds over their association with the $722 million BitClub Network Ponzi…

Cryptocurrency news Mining

11 Dec 2019

Hackers Engage in Mass Scanning to Find Docking Platforms for Cryptojacking

Hackers around the world are scanning the web for docking platforms to undertake illegal mining operations called cryptojacking. In the latest effort more than 59,000 IPs were scanned by a…

Bitcoin news Mining

30 Nov 2019

New 1 Gigawatt Bitcoin Mining Facility in Texas to be the World’s Biggest

While China continues to steal the show when it comes to bitcoin mining, other countries are catching up with speed. A new Bitcoin mining setup in Texas expected to steal…

Analysis Bitcoin news Cryptocurrency news Mining

17 Nov 2019

Bitmain US IPO plans possible failure

2018 was a cold year for cryptocurrencies, with Bitmain failing to go public and cryptocurrencies losing their value. Bitmain Technologies Ltd. is a Bitcoin mining giant that failed to launch…