• Market Cap: $135b

  • Feb 22, 2019

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. 

Microsoft Pulls Down 8 Malicious Crypto-Mining Apps from Microsoft Store

8 applications which were illicitly mining for cryptocurrencies using the processing power of the users’ computers were recently pulled down from the Microsoft Store.

JP Morgan Reveals Cost of Mining is Higher Than the Price of Bitcoins

JP Morgan has pointed out that for four weeks in Q4 2018, the cost of mining Bitcoins was higher than the price of Bitcoins.

Crypto Mining Revenues Took a Big Hit in 2018

Chip-maker TSMC becomes the latest name to be hit by the slowdown in the cryptocurrency mining business.

Bitcoin Mining Firm Giga Watt Shuts Operations Following Bankruptcy

US-based Bitcoin mining firm Giga Watt has now announced the shutdown of their operations. 

In 2019, Ethereum Aims at Slashing Energy Consumption by up to 99%

Ethereum is planning towards reducing their energy consumption by 99% with the help of a code overhaul by switching to the Proof of Stake algorithms.

Bitcoin Mining Difficulty Drops by 15%: It’s Now Easier to Mine for BTC

A sharp drop in mining difficulty has been observed as Bitcoin's Mining Difficulty fell by 15%: It is now easier to mine for Bitcoins!

Israeli Mining Giant Bitfarms Files For An IPO In Canada

Bitfarms, the crypto mining giant, is likewise recorded on the Tel Aviv Stock Exchange

BTCC Mining Pool Shuts Down

The BTCC Mining Pool is being shut down for an indefinite period of time, BTCC informed in a statement.