18 ASICs Profit With Electricity Costs at $0.12 per kWh and Today’s […]
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The Chinese ASIC mining rig manufacturer Bitmain reportedly pulled in $300 million in revenue during Q1 2020. Meanwhile, as Bitmain claims to be regaining market share, the firm Ebang recently applied with the U.S. Securities and Exchange Commission (SEC) for initial public offering (IPO) status. However, the prospectus sent to SEC shows that while Ebang […]
The post Bitcoin Mining Markets Heat Up: Ebang’s $41M Deficit, Bitmain’s Alleged 2020 Revenue appeared first on Bitcoin News.
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Taking place April 1 – 3, Japan’s premier blockchain exposition, Blockchain Expo Tokyo, will feature industry-leading speakers including CEOs, academics, and government officials. The exhibition floor will be packed with companies from various industries, with each focusing on harnessing the power of blockchain technology. The trade show is scheduled twice yearly, with the fall Blockchain Expo Tokyo to be held October 28 – 31.
The post Blockchain Expo Tokyo Series Set to Take Business Scene by Storm appeared first on Bitcoin News.
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ATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400 new devices added in January, the global total is now closing on the 7,000 mark. The sector has seen exponential growth in the past three years. Also read: Bitcoin.com Partners With Mecon Cash, […]
The post Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World appeared first on Bitcoin News.
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Germany, the economic powerhouse of Europe, is facing renewed challenges that may soon push it towards recession. Falling industrial production and dwindling factory orders are the prime cause of concern. The negative results have been announced on the backdrop of weak demand from Eurozone countries, U.S. threats for import tariffs, and the fallout from the […]
The post German Economy in Risk of Recession Amid Weak Demand, Tariff Threat, and Epidemic appeared first on Bitcoin News.
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Two of the largest bitcoin mining chip manufacturers have plans to equip their products with 5nm chips in the near future. Just recently, China-based manufacturer Bitmain purportedly produced the world’s first 5nm test-grade bitcoin mining chip and more efficient mining rigs will see mass production next year. The firm Canaan also recently announced that the […]
The post Bitmain and Canaan to Reveal 5nm Bitcoin Mining Chips in 2020 appeared first on Bitcoin News.
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The escalating U.S. – China trade war threatens to have an adverse impact on the operations of Chinese mining equipment manufacturers, with imports of mining hardware now facing stateside tariffs of more than 25 percent. Also Read: Former CFTC Chair Advocates ‘Tech Neutral’ Cryptocurrency Regulations Harsh Hardware Duties In June, the Office of the United […]
The post Trump Tariffs to Impact Chinese Mining Hardware Manufacturers appeared first on Bitcoin News.
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Dipping cryptocurrency markets are hurting not only crypto holders but also a number of related businesses and sectors. Manufacturers of hardware that can be used in mining applications, like GPU makers Nvidia, AMD and their OEM partners, are also hit by weak demand in the sector which is pushing inventories up. Also read: Bitcoin Businesses […]
The post Crypto Markets, Weak Demand from Miners Hurt GPU Producers appeared first on Bitcoin News.
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