Mining


Markets

GSR Partners With Canaan-Tied Startup to Offer Crypto Miners Derivatives

GSR and Interhash want to help crypto miners hedge their costs with a new series of derivatives products.

Stack of bitcoin miners

Markets

Bitmain’s Miner Manufacturing Subsidiary Had $680K in Assets Frozen in a Contract Dispute

In the latest contract dispute to hit the firm, $680,000 belonging to a fully owned subsidiary of bitcoin mining giant Bitmain has been frozen by a Chinese court.

(Credit: Shutterstock)

Finance

Founder of Bitmain Rival MicroBT Arrested for Alleged Embezzlement

The arrest, noted by the Shenzhen Nanshan District Prosecutor on Dec. 12 and reported by business publication Caixin on Sunday, comes amid ongoing battles between mining giant Bitmain and MicroBT, which has been a rising competitor this year challenging Bitmain's market dominance.

MicroBT founder Yang Zuoxing speaking at an event hosted by Poolin in September 2019.

Markets

Mining Giant Glencore to Trace Cobalt Using 'Responsible Sourcing' Blockchain Consortium

Glencore, one of the world’s largest cobalt producers, will use a Hyperledger Fabric blockchain to responsibly source its supply chain.

Mining image via Shutterstock

Finance

Bitmain Shifts Miner Sales Tactics, Betting Big on Bitcoin Halving Pump

Bitmain has retooled its strategy for selling bitcoin miners, betting big that the cryptocurrency’s price will rally with next year's halving.

Bitmain co-founder Jihan Wu (CoinDesk archives)

Finance

Nvidia Battles Shareholders in Lawsuit Over Crypto Miner Claims

Chip making giant Nvidia has been making its case for why a court should dismiss a lawsuit alleging it misled investors over the demand for its graphics cards from cryptocurrency miners.

(Shutterstock)

Markets

MARKETS DAILY: Casualties Ahead in the Cryptocurrency Mining Arms Race

On another down day, we're talking U.S. warnings on digital assets, a brief history of troubled but systemically important stablecoin "Tether", and a look at the arms-race in blockchain mining technology.

MD Dec 5th Wide

Finance

Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions

Great North Data, a firm that ran bitcoin mining and AI processing data centers in Canada, has filed for bankruptcy owing millions to creditors including government agencies.

Bitcoin miners

Markets

Litecoin's Mining Power Tanks to Lowest in Year Following Price Plunge

Litecoin’s price plunge in recent months has whittled away the profitability of mining the cryptocurrency, leading to a shakeout among operators.

Credit: Rawpixel

Tech

A Plan to Decentralize Bitcoin Mining Again Is Gaining Ground

New code for mining pools could fix problems associated with transaction censorship and more, say its supporters.

(Wikimedia Commons)