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Tag: Bitcoin Miner

Three Things You Wondered about Cryptocurrency but were Afraid to Ask

Unless you’ve been living under a rock, I’m sure you will have heard of cryptocurrency, but to a lot of us it seems rather a strange and…

Market Analysis Report (02 Feb 2021)

Active Bitcoin Addresses Hit New All-Time High | Coinbase Reportedly Chooses Nasdaq for its Direct Listing | Bitcoin Miner Revenues Surpassed $1 Billion in January

Bitcoin miners made more than $1 billion in January revenue

Bitcoin miners made more than $1.09 billion in January revenue, which is the highest since December 2017, The Block's Dashboard data shows.

The post Bitcoin miners made more than $1 billion in January revenue appeared first on The Block.

Bitcoin miner outflows hit an ATH, what’s next

Bitcoin is currently trading at $33831 after a highly volatile and eventful week. Before the weekend, Elon Musk’s tweet led to a massive...

Investors File Class Action Suit Against Bitcoin Miner Bit Digital

Publicly traded crypto miner Bit Digital is the latest in the industry to get hit with a class-action lawsuit from investors. According to a recent filing [...]

Grayscale Bitcoin Trust [GBTC] Premiums Drop to Lowest Since March 2017

As reported by Bloomberg, the Grayscale Bitcoin Trust [GBTC] premiums fall by 40% during recent crypto meltdown as GBTC itself fall by 15% WoW. For the first time since March 2017, fall in prices of GBTC [15%] has outpaced that of Bitcoin itself [13%] on the weekly timeframe. Investors Might be Dumping Their Positions in

The post Grayscale Bitcoin Trust [GBTC] Premiums Drop to Lowest Since March 2017 appeared first on Coingape.

Venezuelan State Power Company Cuts Electricity to Bitcoin Miners

Corpoelec, the Venezuelan state power company, has cut power to bitcoin mining equipment, according to a local miner. Advertisement Continue reading below...

Nasdaq-listed Bitcoin miner hit by coronavirus, records a 50% drop in revenue

The Bitcoin industry has not been spared from the ill-economic effects of the ongoing coronavirus pandemic.According to a recent filing with the US...

The Challenge of Taxing Proof-of-Stake

While being a relatively young correction to energy-intensive proof-of-work (PoW) network validation, proof-of-stake has existed in theory since 2012. However, rising market cap...

Better-Than-Expected Equity Round of $8.3 Million by Bitcoin Miner Hut 8

Miner Hut 8, a mining company based in Atlanta, went public in saying that it had managed to raise a total of $8.3...

Bitcoin Miner Hut 8 Closes Better-Than-Expected Equity Round at $8.3M

Miner Hut 8 said last week it had raised a total of $8.3 million from selling a 6% equity stake to investors, approximately...

Bitmain Fights Micree Zhan Over 36 Percent Ownership Claim

Bitmain, the largest manufacturer of cryptocurrency mining rigs in the world, has found itself mired in an ugly leadership dispute, as its current...

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