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Hut 8 Mining Announces Closing of Drumheller Expansion

Hut 8 Mining Announces Closing of Drumheller Expansion

Hut 8 Mining Corp. (TSX: HUT) (OTCQX: HUTMF) ("Hut 8" or "the Company"), one of the world's largest public cryptocurrency mining companies by operating capacity and market capitalization, announced today that its purchase of 9 Blockbox AC data centers for US$7 million from the Bitfury Group ("Bitfury") at its facility in Drumheller, Alberta is now fully operational. The acquisition added approximately 16% of capacity to Hut 8's existing operations.

29 NOVEMBER 2019

News

3 Major Crypto-Mining Challenges and How to Conquer Them

3 Major Crypto-Mining Challenges and How to Conquer Them

Crypto mining is the process of releasing cryptocurrencies into a network by completing a given set of mathematical computations. And just like any other mining industry -- gold, data, etc.-- it comes with a unique set of challenges.

23 NOVEMBER 2019

Аrticles

Bitcoin Mining Company Canaan Raises $90 Million in U.S. IPO

Bitcoin Mining Company Canaan Raises $90 Million in U.S. IPO

Canaan Inc., a maker of Bitcoin mining machines, raised $90 million after pricing its U.S. initial public offering at the bottom of its marketed range.

21 NOVEMBER 2019

News

Chinese Regulators Set to Push Inspections of Crypto Mining Firms

Chinese Regulators Set to Push Inspections of Crypto Mining Firms

Regulators in the Chinese autonomous province of Inner Mongolia continue to crack down on the province’s crypto mining companies.

15 NOVEMBER 2019

News

Crypto mining company Canaan sets terms for $100 million US IPO

Crypto mining company Canaan sets terms for $100 million US IPO

Canaan, a leading maker of cryptocurrency mining equipment, announced terms for its US IPO on Wednesday.

14 NOVEMBER 2019

News



Core Scientific opens world-class blockchain hosting facility in Calvert City, KY

Core Scientific opens world-class blockchain hosting facility in Calvert City, KY

Core Scientific www.corescientific.com today announced that it has opened a new large-scale Blockchain facility in Calvert City, Kentucky.

13 NOVEMBER 2019

News

Argo Blockchain Now Employs 7,000 Crypto Mining Machines

Argo Blockchain Now Employs 7,000 Crypto Mining Machines

Argo Blockchain, increased the number of its crypto mining machines to 7,000, with plans to add additional 10,000 machines in 2020.

11 NOVEMBER 2019

News

Bitmain rival Canaan Creative set for Nov. 20 IPO on Nasdaq

Bitmain rival Canaan Creative set for Nov. 20 IPO on Nasdaq

Bitcoin miner manufacturer Canaan Creative will ring the bell at Nasdaq on Nov. 20, several sources have confirmed to The Block.

11 NOVEMBER 2019

News

China Scraps Plan to Categorize Bitcoin Mining as Industry to Be Eliminated

China Scraps Plan to Categorize Bitcoin Mining as Industry to Be Eliminated

More than six months after the China National Development and Reform Commission proposed to categorize bitcoin mining as an industry to be phased out from the country, it appears the agency has now scrapped that plan.

6 NOVEMBER 2019

News

Bitmain loses upper hand with Bitcoin’s hashrate as majority control diminishes

Bitmain loses upper hand with Bitcoin’s hashrate as majority control diminishes

Bitmain, the Beijing-headquartered mining giant, is one of the most controversial entities in the cryptocurrency space yet again, on the back of its new Initial Public Offering filing in the United States and Jihan Wu taking back control of the company by announcing that he has “come back to save this ship (from sinking).”

3 NOVEMBER 2019

News

Bitcoin Mining Power Sees Short-Term Drop as Rainy Season Ends in China

Bitcoin Mining Power Sees Short-Term Drop as Rainy Season Ends in China

After sustained growth over the past three months, computing power on the bitcoin network has seen a fallback as the summer rainy season trails off in China.

2 NOVEMBER 2019

News

Argo Blockchain to receive 10,000 crypto mining machines following expanded order

Argo Blockchain to receive 10,000 crypto mining machines following expanded order

Argo Blockchain Plc has increased an order for Bitcoin mining machines to 10,000 from 5,000, which once installed will increase its mining capacity by 240%.

30 OCTOBER 2019

News

Bitmain CEO Ousts Co-Founder, Biggest Shareholder to ‘Save the Ship’

Bitmain CEO Ousts Co-Founder, Biggest Shareholder to ‘Save the Ship’

Altcoin Bitcoin Cash (BCH) has surged 10% in the past 24 hours after it emerged mining giant and major supporter Bitmain had fired a senior executive.

29 OCTOBER 2019

News

Sichuan Should Work to Remain Attractive to Crypto Mining: Policy Advisor

Sichuan Should Work to Remain Attractive to Crypto Mining: Policy Advisor

China’s Sichuan province – a major bitcoin mining hub – should further study how to remain attractive to the crypto industry, according to a local politician.

28 OCTOBER 2019

News

7 Mining Heavyweights Partner With WEF on Blockchain Sourcing Initiative

7 Mining Heavyweights Partner With WEF on Blockchain Sourcing Initiative

Seven major mining and metal companies have inked an agreement with the World Economic Forum (WEF) to develop and deploy blockchain tools to assist with sourcing materials more responsibly and sustainably.

26 OCTOBER 2019

News

DOJ charges cryptocurrency miner for stealing $5M worth of computing power

DOJ charges cryptocurrency miner for stealing $5M worth of computing power

The U.S. Attorney's Office for the Western District of Washington has formally charged Ho Jun Jia, a Singapore citizen, for allegedly stealing computing power and services to mine cryptocurrencies.

11 OCTOBER 2019

News

The (alleged) plot against Ethereum

The (alleged) plot against Ethereum

Accusers say NVIDIA is plotting to monopolize the Ethereum network. Is there a shred of evidence?

1 OCTOBER 2019

News

Bitmain to Play Matchmaker Between Mining Farms, Miners With New Service

Bitmain to Play Matchmaker Between Mining Farms, Miners With New Service

Bitmain is creating the eHarmony of bitcoin mining. Okay, maybe that’s a bit embellished, but the service connects large-scale mining operations with individual suitors shopping for mining hardware hosting services.

27 SEPTEMBER 2019

News

Armenian IT Company Accused of Illegal Electricity Use to Mine Crypto

Armenian IT Company Accused of Illegal Electricity Use to Mine Crypto

An IT company in Armenia has been accused of illegally accessing electricity and using it to mine cryptocurrencies.

21 SEPTEMBER 2019

News

China’s Inner Mongolia to Shutter ‘Illegal’ Bitcoin Miners by October

China’s Inner Mongolia to Shutter ‘Illegal’ Bitcoin Miners by October

China’s Inner Mongolia autonomous region is carrying out an inspection to eliminate “illegal” bitcoin mining operations by October, a government spokesman told CoinDesk, confirming a local report.

18 SEPTEMBER 2019

News

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