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An emotional Jack Mallers announced the news at the Bitcoin 2021 conference in Miami.
Canaan's overseas business is growing, a testament to the undercurrent of miners leaving China for other jurisdictions.
The proposal to reimburse Mt. Gox victims requires a majority vote from all creditors in order to pass.
The fresh round will fund Lightning Network development, Utreexo work, and even Bitcoin document translations into Arabic.
Should users include anyone holding or just those running nodes? Depends on if a protocol change is on the table, our panelists explain.
China's government is taking more drastic measures against bitcoin mining. The Ballet CEO thinks this will strengthen the network over time.
BIT Mining's new Texas facility will open a new frontier for the firm at a time of rapid investment in North American mining.
With 94% of Bitcoin's hashrate now signaling for the upgrade, it should lock in during the next difficulty period.
The crypto lender is entering Bitcoin mining in the midst of a boom in North America’s bitcoin mining industry.