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Tag: Canaan Creative

Crypto Mining on a Budget: Best Used Mining Rigs

Crypto mining rigs aren’t ordinary machines. They use a combination of specialty hardware and Graphical Processing Units (GPUs) to support the complex calculations required...

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China Arrests Hundreds of People in Crypto Money Laundering Case

Chinese law enforcement agents have arrested approximately 1,100 individuals on charges of using crypto to launder money. The move is clearly a reminder that China is avidly working towards a society where crypto holds a limited or non-existent presence. China Is Working Against a Crypto Society In the process of arresting everyone, China has also...

The post China Arrests Hundreds of People in Crypto Money Laundering Case appeared first on Live Bitcoin News.

China Shutters Social Media Accounts of Crypto Influencers

China is moving forward with its anti-crypto attitude. It has now shut down the social media accounts of several bitcoin and cryptocurrency influencers as a means of stopping people from learning about and investing in digital currencies. China Makes Another Anti-Bitcoin Maneuver China has long had an up-and-down relationship with bitcoin. While the country has...

The post China Shutters Social Media Accounts of Crypto Influencers appeared first on Live Bitcoin News.

Goldshell crypto mining teams make their big debut in Asia

TL;DR Breakdown • Goldshell presents a very easy-to-install domestic crypto mining equipment.• The Goldshell mining device works with Doge, HNS, and other new cryptocurrencies. Goldshell, the largest manufacturer of crypto mining equipment, has announced that it will launch its new machines in the Asian market. Goldshell computers differ from traditional ASICs by how easy it […]

Canaan Creative CEO: China’s BTC Mining Ban Is the Wrong Move

In recent news, it was announced that China was initiating a crackdown on all bitcoin mining and related activity within its borders. Zhang Nangeng – the CEO of Canaan Creative, one of the largest mining companies in the world that happens to call China home – is now voicing his opposition to the move. Canaan...

The post Canaan Creative CEO: China’s BTC Mining Ban Is the Wrong Move appeared first on Live Bitcoin News.

Canaan, Bitcoin Mining Hardware Maker’s 78% Revenue is from Overseas

Canaan Creative, the Chinese Bitcoin mining hardware maker released its Q1 financial report and revealed overseas market accounted for 4/5th of its sales.

Canaan says 78% of its Q1 bitcoin miner revenue came from overseas

This appears to be the first time that Canaan has reported stronger overseas sales compared to its domestic operations.

The post Canaan says 78% of its Q1 bitcoin miner revenue came from overseas appeared first on The Block.

The Coinbase Stock Listing: What to Expect as a Crypto Investor

Coinbase is getting listed in the Nasdaq under the COIN ticker on April 14 and the sheer anticipation is sending shockwaves across the crypto industry. Many crypto enthusiasts and investors…

The post The Coinbase Stock Listing: What to Expect as a Crypto Investor appeared first on CoinCentral.

Demand for mining machines rises with increases Bitcoin

TL;DR Breakdown: Bitcoin mining machine makers are seeing an increase in demand for miners. This follows the recent surge in the price of the cryptocurrency since this year. Demands for Bitcoin mining machines tend to increase with significant surges in the market value of the cryptocurrency. Top mining hardware manufacturers are reporting increased exports of […]

Demand for bitcoin mining machines rises amid bitcoin’s massive rally.

Bitcoin mining companies in China ramped up efforts to meet the rising demand from overseas, mainly from North America and Asia. The crypto-currency price skyrocketed, partially due to the world uncertainty over the US government’s monetary easing and the pandemic. The Bitcoin price shot up to hit a new record of over $60,000 over the […]

Blockcap Adds Canaan Miner Hardware for Boosting Hashing Power

Table of Contents Rate this post North American bitcoin mining company Blockcap Inc. has announced the purchase of an additional 8,400...

Mining Rig Manufacturers Diversify as Market Heats up

Bitmain Runs out of Antminers  Crypto mining hardware company Bitmain posted on Feb. 27 that some Antminers were sold out. In particular, the first batch of Antminer S19j after the Chinese Lunar New Year was sold out. Bitmain stated that the company was preparing another batch to handle the demand. On Mar. 12, Bitmain will … Continued

The post Mining Rig Manufacturers Diversify as Market Heats up appeared first on BeInCrypto.

Mining-Riese Ebang plant Offshore-Bitcoin-Börse (BTC)

Nach seinem Börsengang an der Nasdaq plant Bitcoin-Mining-Unternehmen Ebang die Expansion. Nun soll eine Offshore-Exchange das Geschäft wieder ankurbeln. Ebang, ein Hersteller für Mining-Equipment...

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