Most Bitcoin enthusiasts will be familiar with the company known as Bitmain. Behind the scenes of that mining hardware manufacturer, things are heading in a very interesting direction all of a sudden. It seems as if Bitmain is falling apart at the seams. The Bitmain Power Struggle is far From […]
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Bitmain Allegedly Lines up new CEO to Replace Jihan Wu
There are always some developments taking place behind the scenes of the cryptocurrency world. Although the following rumor has not been officially confirmed by the company in question, it would appear there is some genuine mainstream media attention for this development. It would appear Jihan Wu is stepping down as […]
Bitcoin Cash Price Loses 20% as Bitmain Lays off Entire Team
What goes up must come down. The week started off on a good note, markets seemed to be recovering and most cryptocurrencies saw double digit gains. Unfortunately, it seems the Monday bull run is coming to an end as the market is correcting on Christmas eve, effectively erasing the gains […]
Jihan Wu Loses Control of Bitmain as IPO Documents Indicate Profit Figures Were Hyped
Bitmain has dominated ASIC manufacturing since it was founded in 2013. One man has been at the forefront of this domination, leading the company into the giant that it is today; Jihan Wu. However, it may not be so for much longer, with a Chinese publication revealing that a recent […]
Siacoin Rejects Bitmain and Innosilicon ASICs Through Future Hard Fork
Siacoin has been a rather interesting cryptocurrency to keep an eye on throughout 2018. Not because of its price movement, as that has been in line with all other bearish markets. Instead, there has been an ongoing debate as to whether or not the project needs to fork its code […]
World’s Largest Crypto Mining Firm Bitmain Releases Financial Results, Plans To List In Hong Kong
The price of Bitcoin may have come tumbling down this year, but the world’s largest crypto mining hardware manufacturer has continued to rake in the big bucks. Bitmain released its financial results revealing that it had generated $2.8 billion in revenue in the six months ending June this year. The […]
Bitcoin Cash Price Registers a 20% Gain – Bitmain IPO and Gemini Hype
After experiencing a 20% gain in the past 24 hours, Bitcoin Cash price is trying to break through the $540 resistance level. Currently trading at $531, BCH is holding the current levels with relative ease. Gemini announcement As noted in our previous BCH price analysis article, one factor that could […]
Bitmain Made $1B in Q1 Profit, Valued at $14B
The crypto mining business has become a multi-billion dollar industry, and one company has had the lion’s share. Bitmain Technologies has dominated the mining hardware manufacturing industry, and according to a new report, the firm is now valued at over $14 billion. The report further revealed that the Beijing-based firm […]
Bitmain Announces a Beefier Z9 Equihash ASIC Miner
Bitmain has introduced a lot of new ASIC miners over the past twelve to eighteen months. Most of those devices have been met with a fair amount of scrutiny, mainly because they facilitate mining centralization. The Antminer Z9 is the bigger sibling to the Z9 Mini. For currencies using the […]
Is Bitmain’s New Hardware Going to Destroy GPU Mining?
The Bitmain Antminer Z9 Mini could be a game changer in the world of cryptocurrency mining, as the specs on this piece of mining hardware far outclass even the best GPU miners on the market. The name alone gives us a clue about what’s coming. Since this is the “mini” […]
8 Best Cryptocurrency & Bitcoin Cloud Mining Platforms for 2024 – Full Analysis
Cloud mining has become an appealing option for anyone wishing to access Bitcoin mining without the inconveniences of buying and operating physical hardware as the scene of cryptocurrencies evolves. Many sites stand out in 2024 for their dependability, simplicity of use, and strong functionality. Here we will review the top Bitcoin […]
Bitcoin Whales Accumulate Amid Market Recovery As Mining Costs Surge In Q2 2024
Over the past six weeks, Bitcoin’s largest holders, specifically wallets containing between 100 to 1,000 BTC, have increased their holdings by an additional 94,700 coins. This accumulation comes as many traders, shaken by recent market volatility, have exited the crypto space, while key stakeholders have continued to bolster their positions. […]
Top Cryptocurrencies to Mine for Maximum Profit in 2024
Rev Up Your Crypto Rigs: The 2024 Guide to Crypto Mining; BlockDAG, Kaspa, Dash, and Zcash Emerging technologies and innovative practices are revolutionizing the mining industry, offering promising opportunities. BlockDAG has captured attention with its recent introduction of the X1 beta mining app and a remarkable $50.2 million presale. This […]
Top Cryptocurrencies for Mining in 2024
5 Best Cryptocurrencies for Mining in 2024: BlockDAG Leads, Kaspa, Dash and Zcash in Mining Innovations New advancements are transforming the crypto mining field, presenting profitable opportunities. BlockDAG leads with its X1 beta mining application launched under the Moon-Keynote 2 event and a successful $50.2 million in its latest presale. […]
The World’s Flagship Blockchain Event is Around the Corner, Blockchain Economy Dubai (Oct 4-5)
Excitement for the World’s Most Global Blockchain & Crypto Conference is at its peak as Blockchain Economy Dubai Summit date is approaching. Blockchain Economy Events are attended by famous TV&Film Stars, Pop-Stars, Ministries, and industry leaders such as Blockchain.com, MicroStrategy, KuCoin, Crypto.com, BITMAIN, Ledger, Kraken, Gate.io, BitMex, OKX, and many […]
Ethereum Price Analysis and Prediction: ETH Slumbered Under The Bears’ Pressure
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, September 27th, ETH remains under pressure, trading at $165.51. On D1, the Ethereum price is developing a new impulse of decline upon completing a pullback. The downtrend is nearing 76.0% ($148.50) Fibo, and its breakaway will be the gateway to the […]
New Report Claims Bitcoin Mining CO2 Emission is on par With a Major US City
It has been at least a few months since the last condemning report involving Bitcoin mining was published. A new report published in Joule claims the emission of Bitcoin miners is getting out of hand rather quickly. So much even that it allegedly puts out as much CO2 per year […]
Top 7 Waves of Cryptocurrency Layoffs Throughout Early 2019
After the brutal year 2018 turned out to be for cryptocurrencies, it was to be expected a lot of companies would struggle. As a result, a lot of firms have laid off staff, either in small amounts or by aggressively cutting their workforce. The tally for 2019 ‘s first five […]