
August 24th, 2025
Making money with cryptocurrency may sound scary at first, however, there are some convenient ways in which one can profit from the cryptocurrency boom.
Four firms are controlling the Bitcoin mining rigs production industry. The biggest gainer? Obviously Bitmain, but who else is in charge of the chip production?
Bitcoin blockchain network’s mining power has made a new all-time high record thereby indicating the high relative strength of the blockchain. With this, the Bitcoin price has surged 5% to climb above $8300 levels.
The initial capacity of SBI and GMO’s mining center will be 300 megawatts and it is expected to expand to 1 gigawatt by the end of 2020.
Chinese authorities have discovered a massive surge in illegal cryptocurrency mining farms that are putting additional load on electric networks.
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.
Canaan’s stock prices has fallen after IPO as the cryptocurrency mining equipment manufacturer is struggling to survive its business.
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 men have been arrested for conspiring to run a Ponzi scheme that sought money to manage a crypto mining pool.
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.
As per its previous plans, Canaan was looking to raise anywhere around $400 million but fell short by 75% of its target.
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.
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 Michree Zhan has threatened to seek legal redress to retain his position as co-founder of the company.
Great news for cryptocurrency miners as they can now leverage China’s abundant supply of cheap and affordable hydroelectric power for Bitcoin mining activities.