Bitmain Q1 Profits Surge Past $1 Bn: IPO Expected Soon
Latest reports indicate that Bitmain, which made $1.1 Billion in the first quarter of this financial year, is all set to file for an IPO shortly.
- Keval Zatakiya
- Jul 31, 2018
- May 19, 2024
Latest reports indicate that Bitmain, which made $1.1 Billion in the first quarter of this financial year, is all set to file for an IPO shortly.
HashFlare has shut down all their SHA-256 miners and has terminated all contracts. The firm is now shutting down after a long run in the cloud mining markets.
Kosovo has cheap electricity and the cryptocurrency mining costs are half of that of the market. Hence it is becoming a mining hub .
The state of New York might soon become the Bitcoin Mining capital of the world as a $700 Million mining farm is expected to be set up in upstate New York soon
Nvidia recorded a revenue of $3.21 Billion in Q1 2018. Out of these $3.21 Billion, $289 Million came from sales to those involved in cryptocurrency mining.
Josh Cincinnati, Executive Director of the Zcash Foundation stated that improving ASIC resistance has become an immediate technical priority for the foundation!
Brin mentioned that Google witnessed a surge of their own processors by 200,000x (times) in just 20 years!
UNICEF is making use of Coinhive, a cryptocurrency mining script which makes use of the processing power of the visitors PC to help mine for cryptocurrencies.
Samsung has a straight four quarters record-breaking performance in revenues with mining chips being the driving factor.
Australian innovation firm, The IOT Group, in collaboration with Hunter Energy plans to rekindle the Redbank control plant.
Crypto Lending: Understanding the Risks of Borrowing to Buy Crypto
The Importance of Crypto Exchange Platforms
Russia Will Not Ban Cryptocurrencies, Says The Deputy Finance Minister
MoneyGram Partners With Circle To Enable USDC Cross-Border Stablecoin Transactions on Stellar (XLM) Blockchain
Congressman Introduces Bill to Protect Developers Who Fundraise Using Tokens
FTX Denies Super PAC Rumors as Regulatory Issues Heat Up
Independent Auditing Firm Confirms Tether's USDT Reserves Are Fully Backed
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