• Market Cap: $266b

  • Jul 20, 2024

Cryptocurrency Mining is used to generate minable cryptocurrencies like Bitcoin, Ethereum, etc. Mining requires immense energy and manpower to solve complex algorithms. People who set up systems to perform mining activity are called miners. Miners are rewarded with some share of the cryptocurrency on successfully mining a block.

Related Links: Cryptocurrency Mining Calculator

Leading US Bitcoin Miner Riot Blockchain To Acquire Rival Whinstone For $651 Million

The acquisition of Whinstone is a strategic move for Riot and its shareholders as this will allow Riot to become the largest mining firm in America.

Bitmain Agitates Miners Over An 'Abnormal' Failure Rate (30%) In The Antminer S17 Series

The world’s leading Bitcoin mining hardware firm, Bitmain is under fire after reports emerged from miners less than two weeks to Bitcoin’s next halving

TokenInsight Research: Bitcoin Mining Related Products Will Dominate The Market in 2020

A recent report published TokenInsight talks about the popularity of the mining-focused financial product in 2019 and how the market is going to be dominated by these products in 2020.

Chinese Authorities to carry out Investigation at Illegal Mining Farms in Sichuan

Chinese Authorities to carry out Investigation at local bitcoin mining farms Illegally built in Sichuan

Australian Civil Servant charged for Mining Cryptocurrency using Government IT Systems

Australian Civil Servant has to appear in court for Mining Cryptocurrency using Government IT Systems for his own gain.

Bitmain Intends to Set Up 200,000 Cryptocurrency Miners Worth $80 Million in China

Latest reports indicate that Bitmain plans to set up 200,000 cryptocurrency miners worth $80 Million across China. 

Texas Authorities Fines Nui Social over Securities Fraud in Crypto Mining Space

Touted as a multi-level marketing (MLM) company, Nui Social has felt the full force of the law as the Texas security board has fined them $25,000 for illegally and fraudulently offering investments to the state residents.

Electroneum M1: A $80 Smartphone That Mines Cryptocurrencies!

Electroneum has now launched Electroneum M1, an Android smartphone that mines for Electroneum’s native ETN token on the phone!

Bitmain Lost $500 Million in Q3 2018: IPO Filing Reveals

Bitmain lost $500 Million in Q3 2018 - the comapny's IPO filing to the Hong Kong Stock Exchange reveals.

Bitmain Introduces New Energy-Efficient BM1397 7nm Bitcoin Mining ASIC Chip

Bitmain has now introduced a new 7nm Bitcoin mining ASIC chip, which focuses on energy efficiency.