Bitcoin Mining
The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners
Chinese bitcoin miners are usually happy this time of year because the monsoon season brings excessive rain and thus cheap hydro electricity. But this year has proved to be tougher than ever.
Marine Corps Bans Crypto Mining Apps From Government-Issued Mobile Devices
The Tuesday memo does not give a specific reason for the bitcoin mining ban but broadly cited security concerns.
Why Debt Financing May Be a Double-Edged Sword for Bitcoin Miner Bitfarms
BitFarms used high-interest-rate debt with large balloon payments to expand operations. Now it may struggle to pay off its debt, according to CoinDesk Research.
First Mover: Bitcoin Miners Find Upgrade Financing Aplenty, Even as Prices Languish
Big-money players are extending financing to bitcoin miners for equipment upgrades, even though prices are still torpid two months after the halving.
Binance Pool Poised to Grab More Bitcoin Hashrate in Russia and Central Asia
Binance is looking to consolidate more bitcoin mining hashrate to its pool in Russia and the Central Asia region.
Bitcoin Mining Difficulty Sets New Record High 2 Months After Halving
Two months after the network's halving event, it's harder than ever to mine bitcoin.
Bitcoin Miner Maker Canaan Drops 3 Directors in Possible Boardroom Coup
Sources speaking to Chinese media said a dispute at Canaan Creative has led to a power grab by now-Executive Director Nangeng Zhang.
Iran Gives Crypto Miners One Month to Register With the State
The government wants to "eliminate the confusion of cryptocurrency activists" with its call for mass mining registration.
Bitcoin Miners Saw 23% Revenue Drop in June
Bitcoin mining revenue dropped 23% in June to approximately $380 million.
