Browsing the "Bitcoin Mining" Tag

Bitcoin Miners Are Investing Again, Expecting a Cheap Power Boom Soon

| Wolfie Zhao

Bitcoin miners in China are betting that abundant water this summer will make their business profitable again.

GMO Internet’s Crypto Business Reports $12 Million Loss in 2018

| Yogita Khatri

Japanese IT giant GMO Internet has reported an operating loss of nearly $12 million for its crypto business in 2018, with mining worst hit.

Bitfury Partners to Launch Bitcoin Mining Centers in Paraguay

| Yogita Khatri

Bitfury has teamed up with a South Korean firm to mine bitcoin using cheap, clean hydro power in Paraguay.

Hong Kong Stock Exchange CEO Casts Doubt on Crypto Miner IPO Filings

| Yogita Khatri

The CEO of the Hong Kong Stock Exchange has seemingly questioned the IPO viability of crypto mining companies in new comments.

Bankrupt Bitcoin Miner Giga Watt Forced to Cease Daily Operations

| Yogita Khatri

Bankrupt bitcoin mining firm Giga Watt has said it's shutting down operations after its power was cut and facility access was blocked.

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Bitcoin Miner Maker Canaan Considering New York IPO: Report

| Yogita Khatri

China-based Canaan, the second largest manufacturer of bitcoin mining devices, is considering an IPO in the U.S., according to Bloomberg.

GMO Quits Selling Mining Machines After Crypto Market Downturn

| Yogita Khatri

Japanese IT giant GMO Internet plans to stop making and selling crypto mining machines, only months after launching its B3 miner.

Miner Maker Ebang Reports ‘Significant’ Profit Drop in New IPO Filing

| Wolfie Zhao

Crypto miner maker Ebang has refiled its draft IPO prospectus in Hong Kong, indicating a downturn in business in Q3.

Hong Kong Exchange ‘Hesitant’ to Approve Bitmain IPO, Says Source

| Wolfie Zhao

The Hong Kong Stock Exchange is reluctant to approve the IPO applications of Chinese bitcoin mining equipment manufacturers, according to a person…

Intel Wins Patent for Energy-Efficient Bitcoin Mining

| Nikhilesh De

An Intel patent awarded Tuesday outlines a method for mining cryptos using the SHA-256 algorithm more efficiently.