crypto mining
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Bitcoin

Bitcoin FOMO: Canaan Inc. Announces additional $45 Million Investment For Crypto Mining Rigs

Prashant Jha November 30, 2020

Canaan, one of the top crypto mining machine makers released an unaudited financial report for the third quarter of 2020 in which the company incurred a net loss of $12.7 million. The report revealed that the firm made $24 million in net revenues in Q3, seeing a decline of almost 76% from the same quarter

Canaan, one of the top crypto mining machine makers released an unaudited financial report for the third quarter of 2020 in which the company incurred a net loss of $12.7 million. The report revealed that the firm made $24 million in net revenues in Q3, seeing a decline of almost 76% from the same quarter

FoldingHome Coronavirus Research
Altcoin News
FoldingHome Coronavirus Research
Altcoin News

GPU Crypto Miners Marshaled To Assist In Coronavirus Research

Dalmas Ngetich March 24, 2020

[email protected] is on a novel path of saving the world from the scourge of COVID-19, a disease that has claimed over 10,000 deaths in the last three months. The crypto mining community has responded to their calls. In their observations, the number of volunteer folders has skyrocketed. They are now decoding the virus as they

[email protected] is on a novel path of saving the world from the scourge of COVID-19, a disease that has claimed over 10,000 deaths in the last three months. The crypto mining community has responded to their calls. In their observations, the number of volunteer folders has skyrocketed. They are now decoding the virus as they

Bitcoin BTC mining
blog
Bitcoin BTC mining
blog

Cryptocurrency Cloud Mining: Basic Principles & Advantages

Achal Arya June 16, 2020

Since requirements to crypto mining capacities keep growing every day, people are searching for alternative solutions and approaches to this business. This is actually how the concept of cloud mining has been invented. If you do not know how it all works, we have prepared some basic info to share with you. A cloud mining

Since requirements to crypto mining capacities keep growing every day, people are searching for alternative solutions and approaches to this business. This is actually how the concept of cloud mining has been invented. If you do not know how it all works, we have prepared some basic info to share with you. A cloud mining

Bitmain
Blockchain News
Bitmain
Blockchain News

Bitmain-MicroBT Saga Continues As Chinese Police Arrest MicroBT CEO; Here’s Why!

Supriya Saxena November 8, 2019

Per a recent update, the Chinese Police have arrested Yang Zipping, ex-employee of Bitmain and CEO of its arch-rival MicroBT, maker of WhatsMiner Bitcoin miners. Will Bitmain-MicroBT Case Re-open? Sources further reveal that Yang has been taken into custody over issues involving the intellectual property rights of Bitmain. Interestingly, he was one of the engineers

Per a recent update, the Chinese Police have arrested Yang Zipping, ex-employee of Bitmain and CEO of its arch-rival MicroBT, maker of WhatsMiner Bitcoin miners. Will Bitmain-MicroBT Case Re-open? Sources further reveal that Yang has been taken into custody over issues involving the intellectual property rights of Bitmain. Interestingly, he was one of the engineers

petro coin news
Altcoin News
petro coin news
Altcoin News

Venezuela Way Ahead In The Crypto Game, Industry Leaders Debate

Supriya Saxena September 27, 2019

Venezuela’s dreams of portraying itself and becoming a crypto nation could soon see daylight. If sources are to be believed the Venezualan government could have undisclosed Bitcoin and Ethereum mining farms in the country, despite the deficiencies in the country’s energy grid. Furthermore, Venezuela has some of the cheapest electricity in the world.  Exploring the

Venezuela’s dreams of portraying itself and becoming a crypto nation could soon see daylight. If sources are to be believed the Venezualan government could have undisclosed Bitcoin and Ethereum mining farms in the country, despite the deficiencies in the country’s energy grid. Furthermore, Venezuela has some of the cheapest electricity in the world.  Exploring the

hacked
News
hacked
News

Chinese Police Arrest 15 for Mining Crypto Illegally Using Cyber Cafes

Supriya Saxena September 3, 2019

Per recent reports from a local media outlet, Police in Hengyang, a city of south-central China’s Hunan Province have arrested fifteen men on grounds of stealing electricity from Internet cafes to mine cryptocurrencies. 9000 Involved in Remote Controlling of Cafes to Mine Cryptocurrencies In the past few months, criminals have stolen cryptocurrencies worth over a

Per recent reports from a local media outlet, Police in Hengyang, a city of south-central China’s Hunan Province have arrested fifteen men on grounds of stealing electricity from Internet cafes to mine cryptocurrencies. 9000 Involved in Remote Controlling of Cafes to Mine Cryptocurrencies In the past few months, criminals have stolen cryptocurrencies worth over a

BTC miners
Altcoin News
BTC miners
Altcoin News

Bitcoin Mining Is Becoming A Headache For Authorities All Over The World

Noman Shaikh August 26, 2019

In 2009, Satoshi Nakamoto triggered one of the biggest monetary revolutions of the following decade by introducing the world’s first cryptocurrency, Bitcoin. For the past few years Bitcoin has become one of the most favourable assets, and has been the primary reason for hundreds of ‘rags-to-riches’ stories. However, there has been a significant downside to this,

In 2009, Satoshi Nakamoto triggered one of the biggest monetary revolutions of the following decade by introducing the world’s first cryptocurrency, Bitcoin. For the past few years Bitcoin has become one of the most favourable assets, and has been the primary reason for hundreds of ‘rags-to-riches’ stories. However, there has been a significant downside to this,

Bitfarms
Bitcoin News
Bitfarms
Bitcoin News

Bitfarms’s Delisting From Tel Aviv Stock Exchange is a Strategic Move: Management

Nilesh Maurya December 10, 2019

A few days back, the crypto and investing media went abuzz with the news of dismal Q4 performance of Bitfarms because of which it is getting delisted from Tel Aviv Stock Exchange. While this news sounded a bit harsh, Coingape got in touch which Bahador Zabihiyan, Director of Public and Government Relations at Bitfarms, who

A few days back, the crypto and investing media went abuzz with the news of dismal Q4 performance of Bitfarms because of which it is getting delisted from Tel Aviv Stock Exchange. While this news sounded a bit harsh, Coingape got in touch which Bahador Zabihiyan, Director of Public and Government Relations at Bitfarms, who

Bitfarms
Bitcoin News
Bitfarms
Bitcoin News

Crypto Miners Struggle Continues as Israeli Crypto Mining Firm Posts Losses

Nilesh Maurya April 2, 2019

2018 was a bad year for crypto miners as a lot of farms had to shut shop amidst declining crypto prices. By the time 2018 ended most crypto miners including larger names were gasping for breath. While things were expected to be good in 2019, the ghost of 2018 still looms on most mining players

2018 was a bad year for crypto miners as a lot of farms had to shut shop amidst declining crypto prices. By the time 2018 ended most crypto miners including larger names were gasping for breath. While things were expected to be good in 2019, the ghost of 2018 still looms on most mining players

Bitcoin Cash War
Altcoin News
Bitcoin Cash War
Altcoin News

Bitcoin Cash War Resulting in the Loss of Millions of Dollars in Mining

Abhinav Agarwal November 23, 2018

With the drama and chaos that ensued with the hard fork of Bitcoin Cash on November 15 is still going on as the trading volume of BCH goes down significantly while incurring losses in millions in the mining of respective Bitcoin ABC and Bitcoin Cash SV. Meanwhile, GlobeeCom has pulled out its support for Bitcoin

With the drama and chaos that ensued with the hard fork of Bitcoin Cash on November 15 is still going on as the trading volume of BCH goes down significantly while incurring losses in millions in the mining of respective Bitcoin ABC and Bitcoin Cash SV. Meanwhile, GlobeeCom has pulled out its support for Bitcoin

Crypto Mining
Bitcoin News
Crypto Mining
Bitcoin News

Dark Clouds Loom Over Crypto Mining Industry as Viability Reduces

Divya Bhatia November 23, 2018

Crypto markets have seen deep cuts in prices over past one week or so and the industry that has been impacted the most because of this fall is the crypto mining industry. As prices of electricity have been getting expensive and this drop in crypto prices has made cryptocurrency mining completely unviable resultant a lot

Crypto markets have seen deep cuts in prices over past one week or so and the industry that has been impacted the most because of this fall is the crypto mining industry. As prices of electricity have been getting expensive and this drop in crypto prices has made cryptocurrency mining completely unviable resultant a lot

51% Attack
Wiki
51% Attack
Wiki

What Is 51% Attack In Bitcoin? Can Crypto Mining Pools Invade A Majority Attack On Bitcoin?

Stan Peterson April 16, 2018

  As the cryptocurrency mining is becoming less profitable for the small miners with rising electricity costs and a shrunken market due to big commercial miners pool, these pools pose a risk of a 51% attack to the cryptocurrency. Understanding the concept of 51% attack A 51 percent or majority attack is an attack on

  As the cryptocurrency mining is becoming less profitable for the small miners with rising electricity costs and a shrunken market due to big commercial miners pool, these pools pose a risk of a 51% attack to the cryptocurrency. Understanding the concept of 51% attack A 51 percent or majority attack is an attack on

Canada
Altcoin News
Canada
Altcoin News

Canada To Open Cryptocurrency Mining Market For Investors

Achal Arya March 14, 2018

With each passing day, Canada is becoming a new global hub for crypto mining. The clampdown on crypto mining in China has already made Canada’s cool climate and cheap hydro-electricity an easy target for bitcoin miners. Now, BitFury with Hut8 is going to get listed on TSX and tap its market that might also bring

With each passing day, Canada is becoming a new global hub for crypto mining. The clampdown on crypto mining in China has already made Canada’s cool climate and cheap hydro-electricity an easy target for bitcoin miners. Now, BitFury with Hut8 is going to get listed on TSX and tap its market that might also bring