Bitcoin Mining Rig Manufacturer Canaan Sued – Accused of Misleading IPO Investors

Bitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U.S. securities laws before its initial public offering (IPO). Phillippe Lemieux, a...

Why Bitcoin Mining Might Be the New Business Model for US Power Plants

South Korea gets legal recognition for crypto, New York power plant mines BTC and the end of the intranet era for enterprise blockchain?

Bitcoin’s Computing Power Is Growing Again After Coronavirus-Related Disruption

The bitcoin network’s processing power is growing again as major Chinese miner manufacturers resume shipments following coronavirus-related delays.

Bitcoin Mining Investment Strong – BTC Hashrate Surpasses All-Time High

On Monday, March 2, miners processing blocks on the BTC network surpassed the network’s all-time high as the overall hashrate touched 136 exahash (EH/s)....

Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit

On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110...

US a Major Bitcoin Miner Again; How Layer1’s Launch is Bullish for BTC

The Texas Bitcoin mining facility by Layer1 has gone live for the first time today. The all-in-house US Bitcoin mining initiative is seeking to...

How to Mine Bitcoin in 2020

Bitcoin mining is a great way to earn cryptocurrency while providing a valuable service to the global network of users. Miners can set up...

Ripple CEO’s Comment on Bitcoin Mining Sparks Community Outrage

As the crypto market has rebounded over the past few weeks, mainstream media coverage of the industry has increased. The trend continued recently when...

3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners

As tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop...

Developer Proposes Decentralized Bitcoin Hashrate Derivatives

There’s a new concept called Powswap that lets people speculate on hashrate in order to hedge against price volatility. Powswap was developed by the...

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