August 25th, 2025
Bitcoin Mining - Page 11
Bitcoin Difficulty Drops by Over 9% While Bitcoin Cash One Experiences Reverse Momentum
By Teuta Franjkovic
December 21st, 2018
During the last 24 hours, Bitcoin’s mining difficulty has dropped more than 9 percent as the fallout of the prolonged market rout continues. Despite a recent recovery that has taken bitcoin above $4,000, miners are still finding it difficult to remain profitable.
Hong Kong Stock Exchange Ruins Bitmain’s Plans for an IPO
By Julia Sakovich
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.
Nvidia Stock Good for Bottom Fishing This Christmas, Citi Group Executive Says
By Bhushan Akolkar
December 15th, 2018
Shedding out 50% of its value in the last three months, some analysts predict Nvidia’s stock price has already reached its bottom while seeing a buying opportunity this time.
Bear Market Forces Bitmain Shut Down Its Development Center
By Wanguba Muriuki
December 11th, 2018
Bitmain’s Israeli Development Center shuts down with the firm’s China-based IPO approaching. The current bear market is somewhat to be blamed for the drastic decision.
Bitcoin Mining is Still Almost 50% More Profitable to Miners than Bitcoin SV
By Teuta Franjkovic
December 6th, 2018
Bitcoin Cash price is under a lot of pressure after it broke the $150 support against the US Dollar. There is a major declining channel formed with resistance near $135 on the hourly chart of the BCH/USD pair.
Crypto Bull Jim Breyer: Crypto ‘Nuclear Winter’ is Just Short-term Market Movement
By Teuta Franjkovic
December 5th, 2018
Billionaire investor and venture capitalist Jim Breyer still believes that the promise offered by the technology is too great for it to be permanently buried by short-term market movements.
More Than 100,000 Bitcoin Miners Shut Down Amid Bearish Bitcoin Market Trends
By Teuta Franjkovic
December 4th, 2018
There is a consolidation going on among the bitcoin miners that perform the complex calculations to generate the digital currency after the plunge rendered many of them unprofitable.
Chinese Crypto Miner ‘Huaren Capital’ Plans Expansion Into Philippines With “Digital Peso”
By Bhushan Akolkar
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.
Bitmain Crypto Index Launches For Crypto Investors
By Teuta Franjkovic
December 1st, 2018
Mining giant Bitmain has just launched a new cryptocurrency index. The index is for investors who are interested in having a benchmark for their investments.
Saga Comes to an End: Bitcoin Mining Firm Giga Watt Declares Bankruptcy with Millions in Debt
By Eugenia Kovaliova
November 22nd, 2018
Another cryptocurrency mining firm, Giga Watt falls out of the race declaring itself bankrupt and unable to refund its $7 million-debt to investors.
US Election Commission Gives Green Light for Support of Favorite Candidates via Crypto Mining
By Julia Sakovich
November 20th, 2018
Under the FEC advisory opinion, it would be possible to support political campaigns by donating computer power to mine crypto for preferred candidates.
Coinbase CTO Calls for Home Crypto Mining, Recommends Suitable Device
By Darya Rudz
November 16th, 2018
A new crypto startup Coinmine, recommended by Coinbase CTO Balaji Srinivasan for home mining, can currently mine Ethereum, Ethereum Classic, Monero and Zcash.
Mining Giant BitFury Wins $80 Million in Investments, Hits $1 Billion Valuation
By Darya Rudz
November 8th, 2018
Crypto mining company BitFury has closed a $80 million private funding round led by European venture capital firm Korelya Capital and billionaire Mike Novogratz.
Ethereum’s Consensys Takes Over Planetary Resources to Further Conduct Space Initiatives
By Julia Sakovich
November 1st, 2018
Ethereum’s blockchain venture production studio, ConsenSys, expands its activities by acquiring an asteroid mining company called Planetary Resources.
Europe-based Crypto Mining Startup Bitfury Plans for an IPO
By Bhushan Akolkar
October 26th, 2018
Bitfury is exploring a range of minority options like selling a minority stake or raise debt financing, to go public.