Category: Bitcoin Mining

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

April 12, 2021

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The company said it held more than $94 million in crypto as of March 31, all from Bitcoin it has mined. 837 Total views 6 Total shares In an announcement today, Riot reported that it had produced 187 Bitcoin (BTC) — roughly $11.2 million — last month, an 80% increase over its BTC mining in […]

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

April 12, 2021

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The Bitcoin miner manufacturer saw its year-on-year revenue tumble amid supply chain disruptions and a global chip shortage. 3320 Total views 26 Total shares 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 […]

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

April 9, 2021

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A Nasdaq-traded Chinese Bitcoin mining firm has seen its shares fall 20% after a damning short report unveiled some alleged dodgy dealings. 9480 Total views 46 Total shares 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 […]

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

April 5, 2021

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“Blood coin,” “clean coin” and maybe even “virgin coin” will become commonplace phrases as Bitcoin’s environmental concerns continue to rage. 4826 Total views 39 Total shares 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 […]

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Riot Blockchain stock plunges with Bitcoin as market correction deepens

March 25, 2021

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RIOT stock was down by as much as 14.4% on Thursday. 1714 Total views 14 Total shares Shares of Riot Blockchain (RIOT) and other cryptocurrency miners sold off sharply on Thursday, as Bitcoin’s (BTC) gravitational pull on the market continued to broaden.  RIOT declined by as much as 14.4% during Thursday’s session, extending its losing […]

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Mining firm aims to go public through merger with Nasdaq-listed company

March 22, 2021

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Support.com and Greenidge Generation are expected to complete the merger in the third quarter of 2021. 2424 Total views 15 Total shares Greenidge Generation, a New-York based Bitcoin mining company that owns its own power plant, aims to go public through a merger with technical support provider Support.com. In an announcement today, Greenidge said it […]

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SBI Crypto’s Bitcoin mining pool goes public

March 19, 2021

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The mining subsidiary of Japanese financial conglomerate SBI Holdings is opening its pool services to institutional and retail customers alike. 5291 Total views 30 Total shares SBI Crypto, the mining subsidiary of Japanese financial conglomerate SBI Holdings, has opened its mining pool to the general public.  As one of the fruits of a strategic partnership […]

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Bitmain accused of illegally poaching engineers by officials in Taiwan

March 9, 2021

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Bitcoin miner maker Bitmain is reportedly in hot water in Taiwan amid the backdrop of the ongoing U.S.-China tech tussle. 2674 Total views 20 Total shares Prosecutors in Taiwan have accused Bitmain Technologies of illegally poaching more than 100 Taiwanese engineers. According to a report by Nikkei Asia, a probe has already been launched in […]

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Argo Blockchain buys 320 acre land plot in Texas to expand mining operations

March 8, 2021

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The acquisition will provide Argo with access to up to additional 200MW of cheap and renewable electrical power. 8082 Total views 44 Total shares Publicly-listed mining company Argo Blockchain has finalized its acquisition of a new, 320 acre land plot in West Texas, United States, which it plans to use for the construction of a new […]

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