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Bitcoin mining firm Bitmain is now valued at $15 billion after closing a pre-IPO funding round with backing from tech giants Tencent and Softbank Go to Source Powered by WPeMatico
Bitcoin mining is a very competitive industry. It has grown exponentially over the last few years. During the last nine months, there’s been a bunch of new entrants joining the mining rig manufacturing business like GMO Group, Halong Mining, and Ebang. Now there’s a new firm that has partnered with Samsung’s semiconductor foundry called, Innosilicon, … Read more
Bitmain is planning to open a blockchain data and mining facility in Texas by early 2019 Go to Source Powered by WPeMatico
Chinese crypto mining hardware manufacturer Canaan Creative has announced the launch of the world’s first-ever Bitcoin mining television set. The Beijing-based company believes the new television set will be in high demand as crypto miners seek to leverage its advanced technology and explore new crypto mining avenues. Known as the AvalonMiner Inside, the television set … Read more
In this week’s daily editions of Bitcoin in Brief we reported about China hiring a cryptographer, McDonald’s unveiling Maccoin, Bitmain getting richer and much more. The most commented-on article during the week covered Paul Krugman’s new attack on the idea of cryptocurrency on the pages of The New York Times. Also Read: $37 Million of … Read more
Canaan Creative, the world’s second largest Bitcoin mining hardware manufacturer, has launched what it claims is the “first ever” Bitcoin mining television set Go to Source Powered by WPeMatico
The crypto mining business has become a multi-billion dollar industry, and one company has had the lion’s share. Bitmain Technologies has dominated the mining hardware manufacturing industry, and according to a new report, the firm is now valued at over $14 billion. The report further revealed that the Beijing-based firm had made $1 billion in … Read more
Last week, news.Bitcoin.com reported on the Wormhole announcement of a tokenization and smart contract platform project for the Bitcoin Cash (BCH) network. The Wormhole protocol was initiated by the firm Bitmain Technologies, and the codebase is a fork from the Omni Layer protocol. Furthermore, the project has already issued a bunch of Wormhole Cash (WHC) … Read more
In today’s edition of Bitcoin in Brief it seems that Twitter is starting to get a grip on the impersonator bots that have dogged the platform all year. We’ve also got news of a crypto meetup that’s only for sceptics, and it turns out that Bitmain is even richer than anyone thought. Also read: Bitcoin ETF … Read more
Crypto hardware mining giant Bitmain plans an IPO overseas in a U.S. dollar denominated shares market, according to sources Go to Source Powered by WPeMatico
