mining

Bitcoin mining hardware producer BitFury raised $20 million in new funding, thus making it the largest investment in the bitcoin industry.

888 Tron: a Tron Network Based Gaming Platform that Allows to Play, Mine and Earn Dividends
February 7th, 2019

New platform promises to revolutionize the gaming industry with a new concept of revenue share model.

What WIll Happen When All Bitcoins Are Mined?
January 29th, 2019

In this guest post Stefan Ateljevic, Head of Content at Hosting Tribunals, explains what comes next for Bitcoin as we draw nearer to the coin’s limit.

Bitcoin Giant Bitfury Enters Music Industry with Its New Blockchain-Based Platform
January 21st, 2019

Named SurroundTM, Bitfury’s music entertainment division will provide a digital system for both monetizing and sharing intellectual property.

Bitcoin Mining Chips Manufacturer Canaan Knocks the U.S. Door for an IPO
January 9th, 2019

After facing rejection from the Hong Kong regulators, Canaan proceeds to even bigger crypto market i.e. the United States to laucnh an IPO.

Japanese E-commerce Giant DMM Quits Crypto Mining
January 3rd, 2019

The current market conditions have made Japanese e-commerce conglomerate DMM.com Ltd. Take a decision to shut down its crypto mining business.

Bitmain Layoffs Could Pull Down Bitcoin Cash and Litecoin Prices in 2019, Says Crypto VC
December 27th, 2018

According to Kyle Samani, after mass discharge of employees, Bitmain would liquidate its crypto-assets worth of $316 million, which could be bearish for Bitcoin Cash and Litecoin prices in 2019.

Japanese IT Giant GMO Quits Mining Hardware Business
December 26th, 2018

However, the company will continue with its in-house mining business, after relocating its mining operations to a region with cheaper power supply.

Hong Kong Stock Exchange Ruins Bitmain’s Plans for an IPO
December 17th, 2018

Due to the extremely high volatility and bearish market trends, the HKEX is reluctant to list crypto companies and doesn’t want to approve Bitmain’s IPO.

Russian Data and Mining Centre Redstone to Start Operations in June 2019
December 14th, 2018

Redstone, a new data storage and crypto mining facility that is being set up by Telecor, a Russian engineering company, will be launched in June 2019.

Chinese Crypto Miner ‘Huaren Capital’ Plans Expansion Into Philippines With “Digital Peso”
December 1st, 2018

The “Digital Peso” project is aimed at reducing friction for international remittance and establishing a two-way corridor between the Phillippines and China.