• Market Cap: $266b

  • May 04, 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

BitMain Officially Files Draft IPO Papers in Hong Kong

The China-headquartered Bitcoin (BTC) mining giant BitMain Technologies has officially filed draft IPO (initial public offering) papers with the Stock Exchange of Hong Kong (HKEX) and the Securities and Futures Commission (SFC) of...

AntPool All Set To Sponsor NBA Team Houston Rockets

Bitmain-owned AntPool is the latest sponsor of the NBA team Houston Rockets. This deal has been signed for one year and will be valid for the 2018-2019 season.

Bitmain Unveils 7nm ASIC Chip BM1391 for Mining Bitcoin, Bitcoin Cash

Bitmain revealed their latest ASIC chip for cryptocurrency mining - the BM1391. This chip was revealed at the World Digital Mining Summit held at Georgia.

Leaked NSA Software ‘Eternal Blue’ Responsible Rise of Illegal Crypto-Mining

Eternal Blue, a leaked software from the National Security Agency (NSA) is one of the key reasons for the 459% spike in illegal crypto-mining.

Bitfury Launches ASIC-Based Bitcoin Mining Hardware

The new 14nm Bitfury Clarke ASIC chip, according to the company, is fully customized for SHA256 bitcoin mining. It further describes the chip stating that it can execute a hash rate up to 120 Giga hashes per second (GH/s) and a po...

Indian Govt Websites Targeted by Hackers: Cryptojacking on the Rise in India

The Economic Times points out that several government websites are being used by hackers to mine for cryptocurrency using the processing powers of the visitors

Firefox to Automatically Block Crypto Mining Malware Scripts in New Browser Releases

It says that other sites have deployed crypto mining scripts that silently mine cryptocurrencies on the user’s device and practices like these make the web a more hostile place to be.

BTC.com Mining Pool Now Supports ETH/ETC Mining

The BTC.com cryptocurrency mining pool will now support Ethereum and Ethereum Classic mining - an announcement from the pool confirms.

Antminer S9 Hydro Launched by Bitmain with Hashrate of 18 TH/s

A key aspect of this latest release from the company is that of the fact it is a water-cooled miner.

Nvidia Exits the Crypto-Mining Industry

One of the biggest reasons behind Nvidia’s exit from the crypto mining markets is the fact that it has realised that the user interest in this sector is declining.