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Bitcoin Mining

Crypto NewsMining
April 20, 2021

Governments can stop Bitcoin by shutting down mining, says Electric Capital exec

Electric Capital co-founder and partner Curtis Spencer implied that the Bitcoin network may owe its continued existence to the grace of world governments.  In a panel at the Collision web summit today, Spencer said lawmakers…

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Crypto News
April 16, 2021

What the forks? Bitcoin Cash and Ethereum Classic see triple-digit rallies

It’s undeniable that Bitcoin (BTC) and Ether (ETH) are currently the two most dominant cryptocurrencies, and as a result, they receive most of the attention from the mainstream media, institutional investors and retail investors, but…

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Crypto News
April 15, 2021

Chinese investors reboot Iranian Bitcoin mining facility

After four months of closure, Iran’s largest Bitcoin mining facility is set to resume its operations. According to a report by IranWire, the decision to restart operations at the Bitcoin mining farm was due to…

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Crypto News
April 12, 2021

Riot Blockchain Bitcoin production jumps 80% over pre-halving levels

In an announcement on Monday, Riot Blockchain reported that it produced 187 Bitcoin (BTC) — roughly $11.2 million — last month, an 80% increase over its BTC mining in March 2020. The company said it held…

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Crypto News
April 12, 2021

Canaan reports $33M net loss for 2020 despite bullish Bitcoin price action

Bitcoin’s bullish 2020 closeout was not enough to prevent Canaan from incurring a net loss in 2020. According to the company’s unaudited financial report for Q4 2020, the Bitcoin (BTC) miner maker’s net loss for…

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Crypto NewsMining
April 11, 2021

Bitcoin mining company follows Tesla by setting up shop in Austin

North America-based crypto mining company Blockcap announced over the weekend it would be establishing new offices in Austin, Texas. In an announcement from Blockcap on Friday, the mining company claimed once its new facilities are…

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Crypto NewsMining
April 9, 2021

Ebang refutes Bitcoin ‘China Hustle’ claims as share price falls 20%

The share price of Chinese Bitcoin mining company Ebang continues to fall, while the firm refutes claims made in a Hindenburg Research report that alleged it was pilfering American investors’ cash. The Hindenburg Research report, published…

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Crypto News
April 8, 2021

Riot Blockchain is set to acquire a Texas data facility for $650M

Riot Blockchain is continuing its Bitcoin (BTC) mining expansion efforts. Reports suggest that the U.S.-based miner is set to purchase Whinstone US Inc, currently owned by Northern Data. The planned purchase was announced via a…

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Crypto NewsMining
April 5, 2021

Marathon Digital stock soars after company ramps up BTC mining in Q1

Shares of Marathon Digital Holdings (MARA) surged on Monday after the cryptocurrency miner announced a significant increase in mining capacity in the first quarter, allowing it to up its stake in Bitcoin (BTC) by a…

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Crypto NewsMining
April 5, 2021

No ‘blood coin’ for Kevin O’Leary as investor takes stand on Bitcoin energy consumption

Shark Tank and Dragon’s Den personality Kevin O’Leary is taking a stand against what he terms “blood coin,” that being Bitcoin (BTC) mined in China. The investor declared that he would only deal with “clean…

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