Bitcoin Rich: 6 Crypto Entrepreneurs Make the 2020 Hurun Billionaire List

Bitcoin Rich: 6 Crypto Entrepreneurs Made the 2020 Hurun Billionaire ListOn Wednesday, the “Hurun Global Rich List,” a ranking of the wealthiest individuals, published its 2020 report that notes the world saw 346 new billionaires last year. This year’s list also includes six blockchain entrepreneurs who made the Hurun Global Rich List through cryptocurrency investments. Also read: Warren Buffett Slates Bitcoin, Denies Owning Crypto Gifted […]

The post Bitcoin Rich: 6 Crypto Entrepreneurs Make the 2020 Hurun Billionaire List appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners

Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin MinersDuring the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining rig companies and second-market suppliers are feeling significant […]

The post Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Coronavirus Outbreak Forces Chinese Crypto ASIC Manufacturers to Delay Orders

Coronavirus Outbreak Forces Chinese Mining Rig Manufacturers to Delay OrdersBitcoin mining rig deliveries from China are delayed due to the coronavirus according to a few Chinese manufacturers. Microbt and Ebang sent notices to customers via the firm’s Wechat channels. Sources say Bitmain and Innosilicon are delaying mining device shipments as well. Also read: How to Obscure Bitcoin Cash Transaction Data by Leveraging Cashfusion Microbt […]

The post Coronavirus Outbreak Forces Chinese Crypto ASIC Manufacturers to Delay Orders appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance

During the first month of the new year, the research firm Tokeninsight published its “Mining Industry Annual Research Report,” which covers the competitive bitcoin mining sector. Tokeninsight’s study highlights the fact that BTC’s hashrate increased by 80% in 2019, even though BTC’s year-over-year average price dipped by 1.9%. Tokeninsight’s report also notes that more than […]

The post Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump

Mining Giant Canaan Faces Stiff Competition After IPO Shares SlumpOn November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U.S. shares. Canaan shares initially sold for $8.99, but plummeted over 48% on December 16 to $4.65 per share. Since then, Canaan has launched a series of five new mining rig batches that […]

The post Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico