Category: ASIC

ASIC targets pump and dump Telegram groups

October 15, 2021

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“Coordinated pumping of shares for profits can be illegal. We can see all trades and have access to trader identities,” said ASIC in a message to the ASX Pump Organization on Telegram. 4035 Total views 27 Total shares The Australian Securities and Investments Commission (ASIC) is going after pump and dump groups on Telegram. On […]

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Northern Data to obtain 33K ASIC miners through Bitfield acquisition

September 28, 2021

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Northern Data believes the acquisition will position it as a leading mining firm globally. 1168 Total views 15 Total shares Blockchain and high performance computing firm Northern Data has announced it will acquire Bitcoin miner Bitfield. According to a Sept. 27 press release, all major shareholders signed a binding purchase agreement for the entire Bitfield […]

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Turkish customs confiscate over 500 smuggled Bitcoin mining rigs

May 14, 2021

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Turkey’s biggest bust against crypto mining smugglers resulted in the seizure of $600,000 worth of illegal Bitcoin ASIC miners and the detention of four suspects. 6906 Total views 36 Total shares Turkish customs enforcements brought down an illegal smuggling operation in what is said to be a record bust against illegal Bitcoin (BTC) mining equipment […]

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Bitcoin miner firm Ebang launches Ebonex crypto exchange

April 5, 2021

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Cryptocurrency miner supplier Ebang has officially launched its own crypto exchange after an invitation-only beta phase earlier this year. 4585 Total views 22 Total shares Ebang, a publicly listed company providing mining hardware for cryptocurrencies like Bitcoin (BTC), has officially announced the launch of its own crypto exchange. According to an announcement on Monday, qualified […]

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Bitmain’s Antminer says Bitcoin rig sales won’t be affected by CEO departure

January 27, 2021

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After corporate infighting temporarily halted chip shipments in 2020, Bitmain’s Antminer team says business will resume as normal following former CEO Jihan Wu’s departure. 4660 Total views 16 Total shares Bitcoin (BTC) mining rig manufacturer Bitmain has issued a notice to customers stating that business operations will resume as normal in light of former chairman […]

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Jumping into the pool: How to earn a profit mining Bitcoin and Ether

November 21, 2020

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For the past several months, miners around the world have been extremely active, which can be seen through spikes in hash rates that coincided with a significant increase in the prices of cryptocurrencies. At the beginning of 2020, Ether (ETH) could be bought for $130, and now, ETH has reached $500. The king of cryptocurrencies, […]

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