April 29th, 2025
Bitcoin Mining - Page 7
Chinese Authorities Seize 7000 Illegal Cryptocurrency Mining Machines
By Bhushan Akolkar
December 24th, 2019
Chinese authorities have discovered a massive surge in illegal cryptocurrency mining farms that are putting additional load on electric networks.
What Does Halving Mean for Crypto Investors?
By Julia Sakovich
December 24th, 2019
Analysts are certain: investing in BTC mining today shows the most promise. The outcome is guaranteed by the underlying technology not a third party of some kind.
After IPO Canaan’s Stock Loses about 35% of Its Value
By Christopher Hamman
December 18th, 2019
Canaan’s stock prices has fallen after IPO as the cryptocurrency mining equipment manufacturer is struggling to survive its business.
More than Half of Global Bitcoin Hash Rate Is Controlled by One Single Province in China
By Tolu Ajiboye
December 12th, 2019
A recent report has confirmed that not only does China control a large percentage of Bitcoin’s worldwide hash rate, but most of it also comes from just one province.
Three Fraudsters Arrested in $722 Million Crypto Mining Ponzi Scheme
By Tolu Ajiboye
December 11th, 2019
Three men have been arrested for conspiring to run a Ponzi scheme that sought money to manage a crypto mining pool.
At Least 25,000 Chinese Blockchain Firms Attempted to Float Digital Assets
By Tolu Ajiboye
November 25th, 2019
A new report from a few Chinese authorities has shown that 25,000 blockchain-related firms in China have tried to issue their own tokens.
China’s Bitcoin Mining Firm Canaan Manages to Raise Only $90 Million through IPO
By Bhushan Akolkar
November 21st, 2019
As per its previous plans, Canaan was looking to raise anywhere around $400 million but fell short by 75% of its target.
Bitcoin Plunges Eliminating Some Miners Before Halving, Could It Be Bullish in the Long Term?
By Wanguba Muriuki
November 20th, 2019
The recent Bitcoin price plunge could start to put weak miners out of business heading into the halving which does not go well with HODLers since capitulating miners usher in a major bitcoin dump.
China’s Bitcoin Mining Firm Canaan Creative to Launch Its IPO Next Week on Nasdaq
By Bhushan Akolkar
November 12th, 2019
Failing to go public on the China and Hong Kong exchanges, Canaan now will make its public listing through the Nasdaq platform.
Ousted Bitmain Co-Founder Micree Zhan Is Ready to Fight for the Company with Legal Weapons
By Tolu Ajiboye
November 7th, 2019
Ousted Bitmain co-founder Michree Zhan has threatened to seek legal redress to retain his position as co-founder of the company.
China Won’t Be Banning Bitcoin Mining Activities in the Country
By Bhushan Akolkar
November 6th, 2019
Great news for cryptocurrency miners as they can now leverage China’s abundant supply of cheap and affordable hydroelectric power for Bitcoin mining activities.
Bitmain Files Secret IPO Application with Deutsche Bank as Sponsor
By Tolu Ajiboye
October 30th, 2019
Bitmain has reportedly filed with the SEC as it intends to go public in the U.S. At the moment, there aren’t specific details about the filing.
Russian Company Strives to Mine 20% of the World’s Bitcoin Supply
By Darya Rudz
October 30th, 2019
Russian Mining Company will station the equipment for mining on the metalworking plant that is not used since August 2018.
Canaan Officially Files for $400 Million IPO on Nasdaq
By Teuta Franjkovic
October 29th, 2019
Canaan, which is a competitor to Bitmain, is reportedly seeking to list in the U.S. after its Hong Kong plans fell through.
Bitmain Co-Founder and Major Shareholder Removed from the Company by CEO
By Christopher Hamman
October 29th, 2019
It appears that Micree Zhan has been forced out of Bitmain by his CEO and co-founder Jihan Wu.