The Bitcoin halving is just days away, but after a tumultuous first quarter, Bitcoin miners face an uncertain future
The Bitcoin network is secured by miners which are specialized computers that use a consensus mechanism called “proof of work” to verify each block of bitcoin transactions.
The new Texas gold rush: Bitcoin mining
China has long dominated the Bitcoin mining industry, but a recent merger between two Western mining companies will make a small area of Texas home to the world's largest Bitcoin mine.
Browser battle: Brave and Opera compete for crypto users
Crypto assets add new functionality to the Internet. The teams behind the Opera and Brave browsers are the first to implement crypto-friendly features directly into the browser.
Chinese mining giants file for IPO
After the bear market of 2018, Bitcoin has performed well in 2019. Two Chinese Bitcoin mining giants, Bitmain and Canaan, want to capitalize by taking the companies public.
Bitcoin mining – back in (the) black
At the bottom of the late 2018 crypto bear market, the price of bitcoin dropped below the $4,500 threshold at which most miners are no longer profitable. A number of bitcoin mining operations were forced to turn off their machines creating an existential threat to the bitcoin network. In April, market sentiment improved as bitcoin roared back to $5,000, and now Bitfury has announced a new bitcoin mining fund. Is bitcoin mining back?
The fall of Bitmain: Canary in the crypto mine?
As the crypto winter continues there is no higher-profile casualty than Chinese mining company Bitmain. Despite generating record profits in 2017 and early 2018, the company has been forced to downsize, closing offices and letting 50% of its workforce go. What went wrong? And is this situation unique to Bitmain, or emblematic of something more widespread across the sector?
Bitmain Technologies IPO intention disclosure
Disclosure detailing and confirming Bitmain Technologies Holding Company's intention to pursue an initial public offering on the Stock Exchange of Hong Kong
Circle announces USD coin and Bitmain partnership
Having just raised $110M in venture funding Circle reveals plans for a tokenized US dollar coin and a partnership with Bitmain
Antbleed exposes ‘70 percent’ of Bitcoin miners to attack
Antbleed.com recently revealed a backdoor in Bitmain’s Antminer series of Bitcoin miners, which allows attackers and Bitmain to remotely shut down the bitcoin mining hardware.
McAfee’s MGT Capital partners with Bitmain to create western mining hub
John McAfee’s MGT Capital Investments (OTC: MGTI) and one of the leading bitcoin mining hardware manufacturers, Bitmain Technologies, have recently announced a joint venture focused on the creation of the premier North American bitcoin mining pool and cloud mining facilities.
