Bitcoin Miner Hut 8 Closes Better-Than-Expected Equity Round at $6.1M
Hut 8 says its new funding is going towards increasing the bitcoin miner's total capacity by a fifth.
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Jun 30, 2020 at 4:00 a.m. UTC
Jun 30, 2020
Miners
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Market Wrap: Bitcoin Traders Expect Big Move as Volatility Plummets
Bitcoin volatility drops to historic lows as the cryptocurrency stays just above $9,000.
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Jun 29, 2020 at 8:44 p.m. UTC
Jun 29, 2020
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Chinese Bitcoin Miner Producer Ebang Is Launching an Offshore Exchange
Ebang, one of the major manufacturers of bitcoin mining equipment, hopes an exchange could double total revenue by 2022.
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Jun 29, 2020 at 2:17 p.m. UTC
Jun 29, 2020
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Outflow of Bitcoin From Miners at Lows Not Seen Since 2010
Miner outflows of bitcoin have dropped to decade lows, with analysts saying a hoarding mentality and a drop in issuance after the halving are responsible.
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Jun 19, 2020 at 1:27 p.m. UTC
Jun 19, 2020
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Miners Are Selling More of Their Bitcoin. That May Actually Be Bullish
The conventional wisdom could be challenged because miners mainly operate on cash, meaning they need to liquidate their holdings almost daily to fund the cost of mining.
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Jun 3, 2020 at 5:39 p.m. UTC
Jun 3, 2020
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Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO
Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company i...
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Jun 1, 2020 at 10:35 p.m. UTC
Jun 1, 2020
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Market Wrap: Bitcoin's Price Up 12% Since the Halving
Bitcoin has seen double-digit gains in price since the halving. Institutional investors doing more trading in crypto options on CME is a sign of continued interest.
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May 14, 2020 at 8:49 p.m. UTC
May 14, 2020
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Market Wrap: Some Miners Face an Uncertain Future Despite Rising Bitcoin Price
A slowly rising bitcoin price might not help some miners run profitable operations now that the halving is in the past.
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May 13, 2020 at 8:40 p.m. UTC
May 13, 2020
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CEO Says BlockFi Is Lending to Crypto Miners as Other Providers Pull Back
Crypto lending platform BlockFi has begun extending credit to miners as competition for their business has eased during the coronavirus crisis.
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Apr 9, 2020 at 1:27 p.m. UTC
Apr 9, 2020
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Manufacturers Mark Down Bitcoin Miners as Price Drop, Halving Change Calculus
Last month’s bitcoin price crash has prompted manufacturers to sell their mining devices at discounts as steep as 20 percent ahead of the May halving.
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Apr 3, 2020 at 4:30 a.m. UTC
Apr 3, 2020