Bitmain Will Not Ship Crypto Mining Equipment to China
Mining hardware manufacturer Bitmain will no longer ship its products to mainland China. The move is in response to local regulations, the company explained. The...
BTC’s Price Rise Gives 5-Year-Old Mining Rigs New Life — Bitcoin Hashrate Jumps Close to 20% Since Last Week
As bitcoin’s value has increased, the global hashrate has been steadily climbing higher week after week. On Sunday, the hashrate dedicated to the Bitcoin network...
Argo Blockchain Purchases 20K Miners From Bitmain for Future Mining Center in Texas
Argo Blockchain, a London-based cryptocurrency mining company, has announced an expansion of its mining capacity that will more than double its current hashrate. The expansion...
Genesis Digital Assets Acquires 20,000 Bitcoin Mining Rigs From Canaan, Company Has Option to Buy 180K More
The China-based bitcoin ASIC mining machine manufacturer Canaan has announced the company has forged a partnership with Genesis Digital Assets, and the two firms have...
Higher Bitcoin Prices Create Resurrection of Old Mining Rigs, Outdated Miners See New Life
The price of bitcoin has dipped a hair in value this past week, but the crypto asset is still up 14.4% over the course of...
Publicly Listed Bitcoin Miner Marathon Purchases 30,000 Mining Rigs from Bitmain
On Monday, the publicly listed bitcoin mining firm Marathon Digital Holdings announced that it purchased 30,000 S19j Pro Antminers from Bitmain. According to the company,...
Bitmain to Host Miners in 180-Megawatt Data Center in Kazakhstan
Crypto mining hardware manufacturer Bitmain has partnered with Enegix to host Antminer S19 Pro devices in one of the world’s largest data centers. The facility...
Riot Blockchain Bitcoin Production Jumps More Than 400% Year-on-Year Amidst Mining Exodus
Riot Blockchain, a Nasdaq-listed mining company, reported Thursday on its Bitcoin production last month. The company’s numbers jumped a little more than 400% year-on-year, as...
Chinese Mining Exodus Leads to ASIC and GPU Second-Market Surplus and Lower Prices
While bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs from ASICs to GPUs have been exploding with an excess surplus....
After Years of ASIC Manufacturing Canaan Expands to Bitcoin Mining in Kazakhstan
Canaan Inc., the crypto mining rig manufacturer based in Beijing, has announced the company plans to mine cryptocurrencies in Kazakhstan. The company says that the...