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ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program

  • Post published:March 18, 2022
  • Post comments:0 Comments

 The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a…

Continue ReadingASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program

Riot Blockchain Sees 2022 as Year of Consolidation in Bitcoin Mining Sector

  • Post published:March 17, 2022
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One of the largest publicly traded bitcoin (BTC) miners, Riot Blockchain (RIOT) sees this year as the “year of consolidation in the bitcoin mining industry" and expects the company to…

Continue ReadingRiot Blockchain Sees 2022 as Year of Consolidation in Bitcoin Mining Sector

Kazakhstan Shuts Down Over 100 Crypto Mining Farms

  • Post published:March 16, 2022
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More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked…

Continue ReadingKazakhstan Shuts Down Over 100 Crypto Mining Farms

Germany-based Miner Northern Data Reveals it Mined Over 600 BTC in 2021 Q4, Sees it Shares Rise.

  • Post published:March 15, 2022
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The shares of crypto infrastructure provider Northern Data rose following its 2021 operational update from the company. Goldshell Miner Profitability On Wednesday, the German mining firm announced that it mined…

Continue ReadingGermany-based Miner Northern Data Reveals it Mined Over 600 BTC in 2021 Q4, Sees it Shares Rise.

Bitmain Says New Liquid Cooling Miner Is its Most Power-Efficient Model to Date

  • Post published:March 14, 2022
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The world's biggest manufacturer of crypto mining rigs, Bitmain, released a new liquid cooling mining rig which boasts the best power efficiency among all of the firm's models. The new…

Continue ReadingBitmain Says New Liquid Cooling Miner Is its Most Power-Efficient Model to Date

Bitmain signs 500MW joint venture with sustainable BTC miner Merkle Standard

  • Post published:February 12, 2022
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Beijing-based Bitmain has partnered with a United States-based sustainable Bitcoin miner, Merkle Standard, which will contribute capital investment, expertise and parts.   As part of the joint venture, Bitmain will contribute…

Continue ReadingBitmain signs 500MW joint venture with sustainable BTC miner Merkle Standard

These 23-year-old Texans made $4 million last year mining bitcoin off flare gas from oil drilling

  • Post published:February 12, 2022
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HOUSTON — When Brent Whitehead and Matt Lohstroh were sophomores at Texas A&M University, they decided to get into the business of mining bitcoin on the oil fields of East Texas. The…

Continue ReadingThese 23-year-old Texans made $4 million last year mining bitcoin off flare gas from oil drilling

The All-Time High Mining Power of Bitcoin and Ethereum

  • Post published:January 31, 2022
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asic miner ethereum Ever since the advent of cryptocurrencies, various mining pools have also emerged and kept growing in number, even though the mining power was at its lowest ebb.…

Continue ReadingThe All-Time High Mining Power of Bitcoin and Ethereum

A Thai tech company surged nearly 7,000% after pivoting to bitcoin mining

  • Post published:December 27, 2021
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Thai company Jasmine Technology Solution announced an expansion into bitcoin mining in July. The company has rallied nearly 7,000% year-to-date, the most among global tech firms with a market value…

Continue ReadingA Thai tech company surged nearly 7,000% after pivoting to bitcoin mining

U.S. officially the top destination for bitcoin miners, beating out China for the first time

  • Post published:October 13, 2021
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eth asic miner The U.S. is now the top destination for bitcoin miners, eclipsing China for the first time ever. One-third of bitcoin’s hashrate is in the U.S., according to…

Continue ReadingU.S. officially the top destination for bitcoin miners, beating out China for the first time
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