Bitmain Expands in South America as Its Market Share Drops to 66%
Bitmain, the world’s largest cryptocurrency mining firm, is expanding its distribution in South America by partnering with two crypto mining consulting firms. The Chinese mining...
Category : Mining
Government of Abkhazia to Intensify Identification of Crypto Mining Farms
Abkhazia, an autonomous region in northwest Georgia, is planning to intensify the works on the identification of cryptocurrency mining farms in the region. According to...
From Health Care to Mining, Central Asia Stays on the Blockchain Beat
Cryptocurrency and blockchain technology continues to be a global phenomenon, with adoption and utilization cases emerging in almost every corner of the globe. Digital technology...
China’s BTC Miners Control 66% of Global Hash Rate
Chinese Bitcoin (BTC) miners are now responsible for controlling as much as 66% of global hash rate, a new report claims. China’s Sichuan province is...
Ethereum Ice Age May be Imminent If Miners Withdraw From Network
The Ethereum block difficulty began to grow back in November 2016. Since then, developers have been constantly forced to carry out hard forks to keep...
Wu Jihan Resurfaces As Bitmain CEO After Co-Founder Is Forced Out
Bitmain co-founder and tech billionaire Wu Jihan resurfaces at the helm of Beijing-based mining giant Bitmain at recent meeting with clients. On Dec. 10, Bloomberg...
Death Spirals and BTC — What Happens When Miners Capitulate?
The stagnation of the cryptocurrency market has put Bitcoin’s (BTC) price at risk of further decline, as it struggles to recover beyond key resistance levels....
Canada-Based Crypto Mining Firm Great North Data Files for Bankruptcy
Canada-based cryptocurrency mining company Great North Data has submitted a bankruptcy filing, purportedly due to insolvency. As the Canadian Broadcasting Corporation reported on Dec. 4,...