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Bitcoin mining hardware maker Canaan's stock price surges more than 80%

Bitcoin mining hardware maker Canaan's stock price surges more than 80%

Canaan, the bitcoin miner manufacturer that's listed on the Nasdaq exchange, saw its stock price soar by more than 80% on Wednesday.

22 APRIL 2020

News

North Korea Is Expanding Its Monero Mining Operations, Says Report

North Korea Is Expanding Its Monero Mining Operations, Says Report

North Korea is stepping up mining of the privacy coin monero as the regime continues its efforts to circumvent sanctions.

13 FEBRUARY 2020

News

New York Crypto Mining Farm Coinmint Set to Dissolve?

New York Crypto Mining Farm Coinmint Set to Dissolve?

An ongoing dispute between the two partners who hold equal shares in multi-cryptocurrency mining company Coinmint has resulted in one of the partners filing to dissolve the company. Coinmint claims to be the largest digital currency data centre in the world with the company operating in the former Alcoa aluminium smelting plant in Massena, New York.

10 FEBRUARY 2020

News

Bitcoin Mining Farms Not Closing Because of Coronavirus

Bitcoin Mining Farms Not Closing Because of Coronavirus

Some 70% of mining is in China where an outbreak has led to 80% of the people there staying indoors according to a bitcoin miner in China.

29 JANUARY 2020

News

Large Bitcoin Cash (BCH) Mining Group Opposes Dev Fund Proposal

Large Bitcoin Cash (BCH) Mining Group Opposes Dev Fund Proposal

There are some dissenting voices within the Bitcoin Cash (BCH) community.

28 JANUARY 2020

News



Iran Issues More Than 1,000 Cryptocurrency Mining Licenses

Iran Issues More Than 1,000 Cryptocurrency Mining Licenses

The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away.

27 JANUARY 2020

News

Bitcoin Cash miners propose 12.5% share of block rewards to support ecosystem

Bitcoin Cash miners propose 12.5% share of block rewards to support ecosystem

Jiang Zhuoer, CEO of BTC.TOP, the largest mining pool on Bitcoin Cash, announced a proposal through a blog post that would redirect 12.5% of Bitcoin Cash Coinbase block rewards to a development fund.

23 JANUARY 2020

News

Crypto mining malware ‘dominates’ cyber criminal activity, report

Crypto mining malware ‘dominates’ cyber criminal activity, report

Just like any other industry, the crypto industry is highly vulnerable to cyberattacks in 2020, according to a Check Point Research‘s cybersecurity report.

20 JANUARY 2020

News

Bitcoin miners made an estimated $5 billion in revenue during 2019

Bitcoin miners made an estimated $5 billion in revenue during 2019

The world's bitcoin miners brought in an estimated $5 billion in revenue during 2019.

19 JANUARY 2020

News

ASIC mining contributes to Bitcoin’s robust system of immutability and security

ASIC mining contributes to Bitcoin’s robust system of immutability and security

With the advent of Bitcoin came industries that were never foreseen, and one of the prominent ones is the mining industry. Undermining Satoshi Nakamoto’s rule of ‘one CPU, one vote,’ the mining of the largest cryptocurrency has been completely overtaken by ASIC miners. Since its inception, there has been a divided sentiment surrounding whether ASIC mining is, in reality, good or not, not just for this particular cryptocurrency, but also other proof-of-work based cryptocurrencies in the market.

13 JANUARY 2020

News

Bitmain cancels operation partnership for its Texas mining farm

Bitmain cancels operation partnership for its Texas mining farm

Bitmain, one of the world's largest bitcoin mining machine manufacturers and miners, has terminated its management agreement with its Texas mining farm operator, DMG Blockchain Solution.

9 JANUARY 2020

News

Coinmine CEO talks crypto mining and why good user experience is so important for adoption

Coinmine CEO talks crypto mining and why good user experience is so important for adoption

CryptoSlate recently had the opportunity to chat with Coinmine CEO Farbood Nivi. In 2019 Nivi founded Coinmine, the manufacturer of the Coinmine One — the first all-in-one crypto device that is made for use by everyone. The beauty of the Coinmine is that no technical expertise is required to set it up and start mining.

6 JANUARY 2020

Interview

Is the ASIC Resistance dream closer to reality, despite claims of it being a myth?

Is the ASIC Resistance dream closer to reality, despite claims of it being a myth?

“Today we know that centralization and big bureaucracies have not, as promised, been the answer for promoting better opportunities for society” ~ Carlos Salinas de Gortari

6 JANUARY 2020

Аrticles

Bitmain to Further Cut Half of Its Personnel

Bitmain to Further Cut Half of Its Personnel

Bitmain has launched its ‘personnel optimization program’ by the end of 2019. At the end of last week, Jihan Wu, CEO of Bitmain held a meeting to ask all department managers to submit the ‘optimization list’. Bitmain will hold its annual meeting on January 17, and the optimization plan is expected to be completed before the annual meeting.

2 JANUARY 2020

News

Chinese Bitcoin Miners Pressured to Scale Down Due to Electricity Shortages

Chinese Bitcoin Miners Pressured to Scale Down Due to Electricity Shortages

Bitcoin (BTC) miners in the Chinese province of Sichuan are reportedly under pressurelocal authorities to scale down their operations due to electricity shortages.

1 JANUARY 2020

News

Unknown Miner Reaches 70% of Bitcoin Cash Hashrate

Unknown Miner Reaches 70% of Bitcoin Cash Hashrate

The unknown hashrate of Bitcoin Cash (BCH) has suddenly reached 68.75% today in a surprising development.

31 DECEMBER 2019

News

Sichuan’s Garze Demands a Cleanup of Bitcoin Mining Operations to Give Priority to Social Electricity Demand

Sichuan’s Garze Demands a Cleanup of Bitcoin Mining Operations to Give Priority to Social Electricity Demand

Authorities in Sichuan have started pressuring cryptocurrency mining businesses operating in the “Bitcoin mining capital” amid the dry season which has been leading to a shortfall in electricity supply.

26 DECEMBER 2019

News

China Seizes 7,000 Bitcoin Asics

China Seizes 7,000 Bitcoin Asics

Chinese authorities have seized 6,890 bitcoin asics in the Kaiping District of Tangshan near Beijing according to local media.

23 DECEMBER 2019

News

Chinese Bitcoin Miner Maker Ebang was Involved in Criminal Case

Chinese Bitcoin Miner Maker Ebang was Involved in Criminal Case

On December 9, Ebang, a Chinese bitcoin miner maker, received the notice of filing the case and now is under investigation of Beijing police Bureau.

22 DECEMBER 2019

News

GSR and Interhash to Create Hedging Solutions for Bitcoin Miners

GSR and Interhash to Create Hedging Solutions for Bitcoin Miners

Liquidity service provider and digital asset market maker, GSR, announced a partnership with Interhash, the mining services company and strategic partner of mining rig manufacturer, Canaan, in an updated press release, Dec. 20. The partnership aims to provide risk management solutions for Bitcoin miners on Canaan’s network, allowing them to protect against losses and earn yield on inventory.

21 DECEMBER 2019

News

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