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Bitcoin Mining

Chinese Mining Rig Manufacturer Microbt Announces Offshore ASIC Factory

On Friday, China-based bitcoin mining rig manufacturer Microbt announced plans to create an offshore facility that produces the company’s Whatsminer devices and parts for...

MicroBT Sets Up First Offshore Bitcoin Miner Factory to Expand US Market Share

The new Southeast Asian facility will mean U.S. buyers won't have to pay an additional 25% tax on miner orders.

Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining

Iran is regulating bitcoin mining with an iron fist. But as U.S. sanctions and the pandemic put pressure on the economy, Iranians are seriously...

Marty Bent on Why Bitcoin and Big Energy Are Unlikely Allies

Bitcoin mining can help big energy companies produce more efficiently, increasing American energy independence in the process.

Jihan Wu Regains Upper Hand in Bitmain Co-Founder Fight

A new twist in the power struggle at Bitmain: Co-founder Jihan Wu has regained the legal representative status of the bitcoin mining giant.

Court Denies Bitmain $30M in Damages From Co-Founders of Rival Poolin

A court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of mining...

Bitcoin Mining Equipment Maker Canaan Sets $10M Buyback Program

The board of directors of bitcoin mining manufacturer Canaan approved a buyback program Monday for its lagging shares.

Bitcoin Miners Saw 23% Revenue Increase in August

Miners generated an estimated $368 million in August.

Latest news

Amid Consumer Behavior During Covid-19, Congress Examines Granting Fintech Bank Charters

On Tuesday, September 29 at 12pm, the Task Force on Financial Technology will hold a hearing entitled, “License to Bank: Examining the Legal Framework...

Here’s Why Bitcoin Is in No Man’s Land From a Monthly Technical Perspective

Bitcoin is currently in no man’s land from a monthly technical perspective analysts say. The cryptocurrency will need to decisively move above $12,000 or below...

Ethereum Is At a Pivotal Resistance, and a Rejection Could Send ETH to $300

Ethereum has seen a strong performance in the past 24 hours. The coin has reached its highest price in days as it moves to $360. While...

Bitcoin’s Push to $11,000 Comes Following Intense Accumulation from Whales

Bitcoin is currently in the process of pushing towards $11,000, although it is facing some slight selling pressure at this level The cryptocurrency now appears...

$15 Million exploited from Eminence, a DeFi project

With defi frenzy coming to palpable levels, all seemed well until a new project by Andre Cronje went awry. This has resulted in a...