Mining


Tech

Co-Founder Quits Avalon Mining Chip Maker Canaan Over 'Differences'

Xiangfu Liu has left the board and management team of Canaan Creative, maker of the Avalon crypto miner.

Canaan mining machine

Markets

Bitcoin Is Becoming More Decentralized, Indicates New Research

Bitcoin has become more decentralized by several measures, according to a research report from Canaccord Genuity Group.

(FabrikaSimf/Shutterstock)

Markets

Bitfury Partners to Launch Bitcoin Mining Centers in Paraguay

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

Itaipu dam paraguay, Brazil

Markets

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

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

HKEX

Markets

Sapphire Tech Targets Grin Cryptocurrency With New GPU Miner

Sapphire Technology is launching a line of graphics cards designed for mining of the new "grin" cryptocurrency, as well as other tokens.

gfx card

Markets

Chip Maker TSMC Reports 'Big Drop' in Crypto Mining Revenue

Chip-making giant TSMC has reported a significant drop in revenue for its crypto mining segment in 2018.

PC processors

Markets

Bankrupt Bitcoin Miner Giga Watt Forced to Cease Daily Operations

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

Balaci’s testimony indicates that BitClub never ran the lucrative bitcoin mining pools it lured victim investors with. (Shutterstock)

Markets

Bitcoin Will Still Bite the Dust

Economic professor Kevin Dowd argues that bitcoin is like the Ford Model T and, while innovative, cannot survive in the long term.

car, rust

Markets

Bitmain Poised to Appoint Tech Chief as New CEO, Says Report

Cryptocurrency mining giant Bitmain may be about to appoint its product engineering director as CEO.

Jihan Wu

Markets

Ethereum Miner Linzhi Calls Out Project Coders for Proposed ASIC Ban

Shenzhen-based miner manufacturer Linzhi has pushed back against ethereum's “tentative” decision to block specialized ASIC hardware.

Crypto mining machines (lmstockwork/Shutterstock)