Mining


Markets

Avalon Bitcoin Miner Maker Canaan Officially Files for $400 Million US IPO

Avalon bitcoin miner maker Canaan Creative has just formally filed for a $400 million US IPO.

Canaan chairman Kong Jianping

Markets

7 Mining Heavyweights Partner With WEF on Blockchain Sourcing Initiative

The World Economic Forum is building a blockchain-based sustainable sourcing project with 7 metal and mining industry firms on board.

(Shutterstock)

Markets

Why Bitmain Is Building the World's Largest Bitcoin Mine in Rural Texas

Bitmain's new bitcoin mine exploits cheap electricity in Texas, the nation's biggest power market. Locals are happy for the new jobs.

IMG_4607

Markets

Peter Thiel Backs $200 Million Valuation for Renewable Bitcoin Mining in the US

A vertically integrated startup has raised $30 million to bring bitcoin mining back to the U.S.

Wind turbines

Markets

Next Bitcoin Halving Could Squeeze out Retail Miners, But Jury's Split on Price

Bitcoin halvings normally result in price increases. Maybe not this time.

Crypto mining machines (lmstockwork/Shutterstock)

Markets

Uzbekistan Plans Massive Hike in Electricity Prices for Crypto Miners

A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry.

Electricity pylon

Markets

WATCH: Inside a Siberian Crypto Mining Complex

CoinDesk On Location goes deep inside a Siberian crypto mining factory situated near a remote hydroelectric plant.

Screenshot 2019-09-25 09.05.34

Markets

MicroBT Expects $400 Million in Q3 as Bitcoin Miner Sales Surge

The maker of WhatsMiner bitcoin miners says it expects to have delivered 200,000 devices by the end of the quarter.

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

Markets

Bitmain Ramps Up Power and Efficiency With New Bitcoin Mining Machine

Crypto mining giant Bitmain is launching two new models for its Antminer range, one of which is its most powerful yet.

A crypto mining rig

Markets

Bitcoin Mining Farms Are Flourishing on the Ruins of Soviet Industry in Siberia

Favorable energy prices and a naturally cold climate are turning Siberia into an international hub for bitcoin miners.

Ilya Bruman, CEO of Minery. (Photo by Anna Baydakova for CoinDesk)