Japan’s GMO Internet Sees 45% Cryptocurrency Profit Dip for Q1 2019
Figures confirm Q4 2018’s Bitcoin price drop saw knock-on effects for GMO’s performance Go to Source Powered by WPeMatico
Bitcoin Mining
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Bitcoin Miner Hut 8 Reveals $136 Million Losses for 2018, Eyes Market Uptrend
The Canadian mining giant suffered during last year’s “crypto winter” but remains upbeat about the future. Go to Source Powered by WPeMatico
PR: Bitcoin.com and Cred Partner to Offer Lending and Borrowing
SAN FRANCISCO and TOKYO– Bitcoin.com, the leading source for Bitcoin information with over 4 million Bitcoin wallets, and Cred, the leading provider of crypto borrowing and lending with over $300 million in credit facilities, today announced a partnership that will allow Bitcoin.com customers to earn up to 10% of interest on their Bitcoin and Bitcoin … Read more
Bitfury Institutional Bitcoin Mining Fund Gains EU Regulator Approval
Blockchain tech giant Bitfury has partnered with a Swiss investment firm to release a dedicated bitcoin mining fund for institutional investors Go to Source Powered by WPeMatico
China Attemps to Spoil the Bitcoin Bull Run With Mining Ban Proposal
Any news coming out of China tends to trigger some cryptocurrency market momentum. In recent years, most of the news has been negative, which won’t surprise too many people. In the most recent development, it would appear China’s state planner wants to put an official end to Bitcoin mining in the country. It is one … Read more
Japan: SBI Group Sets Up Spin-Off to Manufacture Crypto Mining Chips
Financial giant SBI prepares for major mining market entry after mixed experiences mining Bitcoin Cash Go to Source Powered by WPeMatico
Report: Bitmain Plans to Set Up 200,000 Crypto Mining Machines in China
Major cryptocurrency mining hardware producer Bitmain is reportedly planning to install 200,000 units of mining equipment in China Go to Source Powered by WPeMatico
Mining Giant Canaan Seals ‘Hundreds of Millions of Dollars’ in New Funding: Report
Alleged huge funding round for Canaan suggests tide could be turning for Bitcoin mining Go to Source Powered by WPeMatico
Former Bitmain Employees May Find Refuge in a Spinoff Startup Called Matrix
According to regional reports, members of Bitmain Technologies and other connected subsidiaries like Copernicus are starting an offshoot company called Matrix. It is not officially known yet just what Matrix will do but some sources allege that the new spinoff will offer cryptocurrency lending services, an over-the-counter (OTC) desk, and custody solutions. Also read: Survey … Read more
Bitcoin Mining Revenue Begins Slow Recovery After 18-Month Lows, New Report Shows
Bitcoin mining revenue trough appears to end as small uptick surfaces, a new Diar report shows Go to Source Powered by WPeMatico
