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Tag: Bitcoin Miner

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...

Why Every Bitcoin Miner Needs A VPN

The need for a VPN has shot up over the past few years. As we get closer and closer to living our entire...

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