Bitmain Reports Loss of $500 Million in IPO Filing
Mining giant Bitmain reported a loss of $500 million in the third quarter of 2018. Bitmain had applied for an IPO in September 2018 with...
Tag : Crypto Mining
German Crypto Miners arrested for stealing electricity
German police forces in the city of Klingenthal have arrested a group of crypto miners for allegedly stealing electricity to operate a crypto mining farm.Till...
Bitcoin News | Bitcoin Mining Difficulty drops by 7%
Bitcoin mining difficulty witnessed a drop of more than 7% in the past 24 hours. Miners are still finding it extremely difficult to make profits...
Cryptocurrency News | Is Crypto Downturn to be blamed for Nvidia’s Share price Decline?
Nvidia’s share price has seen a steep decline of 48% since October. Speculations are rife that SoftBank will also sell it’s 4.9 share. SoftBank had...
Crypto Mining Giant Bitmain to Close Israel Facility Amid Declining Profits
According to a report by local Israeli news publication on December 10, Chinese crypto mining giant, Bitmain, is shutting down its facility in Israel. The...
Global Tech Giant Intel Wins Patent for Energy Efficient Crypto Mining
Intel a global tech giant well-known for its widely-used computer processors recently won a patent regarding its work in the bitcoin mining. Intel Patent for...
Tax on Crypto Mining in Norway Scares Away $116 Million Investment
As per reports by E24, NTC Services AS came up with the revelation that an international investor had cancelled a $116 million investment into a...
Crypto This Week : World Crypto Con, Regulations and Crypto Mining
The week did not have much to offer when it comes to price movement in the dominant cryptocurrencies, namely Bitcoin and Ethereum but there has...
Canada Based Bitcoin Mining Firm Hut 8 Sees Record High Revenue
Canada based Bitcoin mining firm Hut 8 has reported its highest revenue in the third quarter of this year. This was published on Nov.8 2018...
AMD: GPU Sales For Crypto Mining Negligible in Q3 2018
Advanced Micro Devices (AMD), a US semiconductor company, has released its third quarter financial statistics on Wednesday which showed that graphics chips are no longer...