Bitcoin Miner Riot Blockchain Announces Additional 1,000-Rig Purchase
Riot Blockchain completes upgrade to Oklahoma City mining facility with the purchase of an additional 1,000 Antminer S17-Pro machines Go to Source Powered by WPeMatico
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Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China
As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s) and the firm believes a decent portion of the power stems from China. Also … Read more
Bitmain Expands in South America as Its Market Share Drops to 66%
The world’s top crypto mining hardware firm Bitmain expands its distribution in South America as its market share has been sliding Go to Source Powered by WPeMatico
Study: China’s BTC Miners Control 66% of Global Hash Rate
Chinese share of global hash rate hits a new record of 66% since 2017, a new study says Go to Source Powered by WPeMatico
Wu Jihan Resurfaces As Bitmain CEO After Co-Founder Is Forced Out
Tech billionaire Wu Jihan has reappeared at the helm of Beijing-based mining giant Bitmain Go to Source Powered by WPeMatico
Bitcoin Mining Operations Offer New Strategies Before Reward Reduction
As the reward halving approaches, bitcoin miners are preparing new strategies so customers can reap the most profits from their hashrate services. On December 3, the mining operation Poolin introduced a hashrate auto-switch feature so clients can automatically switch between BTC and BCH mining. Moreover, a few days later at Bitmain’s annual customer appreciation meeting, … Read more
Mining Chip Maker Ebang Next in Line to File for US IPO
Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer plans to follow Canaan’s footsteps with an attempt to be listed on the American … Read more
Bitmain-Backed Cryptocurrency Startup Matrixport to Open Zurich Office
Matrixport, a Singapore-based crypto startup launched by former Bitmain CEO Jihan Wu, will open a new office in Zurich Go to Source Powered by WPeMatico
Crypto IPO Season: Race to Secure an Offering Heats Up
As the crypto markets enter a period of relative stability, some of the biggest crypto companies are vying for a public listing Go to Source Powered by WPeMatico
Chinese Police Hold MicroBT CEO Allegedly Over Dispute With Bitmain
Bitmain rival’s CEO held for question since the end of October according to a local report Go to Source Powered by WPeMatico