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Japan’s GMO Internet Group has confirmed it took a steep hit in overall mining revenue, but nonetheless saw a steady increase in monthly Bitcoin mining rewards Go to Source Powered by WPeMatico
Anonymous sources claim Canaan is still interested in an IPO despite its lack of success in Hong Kong Go to Source Powered by WPeMatico
At press time, the father of crypto has broken its present resistance level and moved beyond the $4,000 mark (bitcoin is currently trading for roughly $4,043). The currency has interestingly moved head in price, but it’s also bolstered forth in other ways as well. Many analysts claimed that bitcoin mining was wreaking havoc on our … Read more
Japanese e-commerce conglomerate DMM Ltd. will shut down its crypto mining business, citing deteriorating profitability as the main cause Go to Source Powered by WPeMatico
Because of the losses reported when GPU demand by miners diminished, Nvidia is facing a class action lawsuit Go to Source Powered by WPeMatico
On Dec. 27 the Houston Rockets challenged the Boston Celtics. During the game’s intermission, two contestants participated in a contest called the Antpool Red Planet Race. The participants played a game that involved ‘mining’ bitcoin cash (BCH) on the court floor in the hope of winning $300 worth of BCH. Also Read: Many Self-Proclaimed Bitcoin Inventors … Read more
Tens of billions of yen in losses have led Japan’s GMO Internet to stop making Bitcoin miners Go to Source Powered by WPeMatico
At press time, the father of cryptocurrency is trading for just over $3,800. This is about $100 less than where it stood during our previous price article, and it is unlikely bitcoin will undergo another price rally anytime soon. Bitcoin has fallen so badly that many cryptocurrency mining companies are beginning to sell their equipment … Read more
A German alternative investment fund manager has announced plans to open a Bitcoin mining fund with an initial planned volume of $34 million – $57 million Go to Source Powered by WPeMatico
The mining profitability of Bitcoin and its major “clones” has been a topic of debate for some time now. While it was evident Bitcoin would be the most profitable currency to mine for the longest time, that is not necessarily the case any longer. Both Bitcoin Cash and Bitcoin Cash SV mining are more profitable … Read more
