There’s a concept in economics called the "Lotus Pond Effect" - suppose one day a lotus leaf emerges in the pond, the next day there are two, and on the third day there are four... till certain point, the lotus leaves will cover half the pond. After that day, the pond will be all covered with...
Canaan Creative, the world’s second-largest bitcoin mining machine manufacturer, is targeting to be a chip company instead of a bitcoin mining company. The company is attaching the same importance to AI chip business as bitcoin mining and aims to generate tens of millions of Chinese yuan in A...
Bitcoin Cash blockchain faces glitch after the scheduled network upgrade on March 15, as it was noticed that the network was stuck without outputting any blocks after block 582680. The next block, after the update, took about half an hour to be mined. https://twitter.com/BitMEXResearch/s...
Bitcoin mining hashrate has been more distributed among mining pools, according to a report from cryptocurrency research firm Diar released on March 13. As per the report, smaller mining pools have made significant gains in the past few months as a result of unknown miners either drop off or ...
Crypto mining hardware vendors in China are delighted these days seeing the price of their secondhand mining machines doubled as a result of the recent bitcoin rally. In the eye of Zhang Xilin, a mining equipment vendor in Huaqiang North – China’s No.1 electronics street and world’s l...
Chinese crypto mining giant Bitmain’s hashrate drop may be a direct result of the selloff of over 100,000 S9 mining machines amid the recent bitcoin rally, according to a local crypto media Odaily. As per the company’s hashrate disclosure updated on May 7, the hashrate of all Bitmain-own...
On April 28, Bitmain, the world’s leading bitcoin mining hardware manufacturer, launched its latest mining model, the Antminer T17, which promises high-cost performance among its Antminer 17 series. https://twitter.com/Antminer_main/status/1122319523489755136 According to the company’...
The latest bitcoin rally has not only bring the crypto market come to life but also hackers. Tencent Security reported on April 23 that the Blouiroet mining Trojan has been detected active in many countries, among which Russia, Ukraine and China are the hardest hit. Blouiroet is a troja...
The recent bitcoin rally has driven bitcoin mining profits on continual growth. Profits earned from bitcoin mining have seen obvious rise since the start of this April and hit a near-half-a-year high on April 15. (source: BCtrend) According to crypto analyst Alex Kruger, the breakeve...
Construction company turned crypto mining firm Huatie HengAn has recently been sold at the price of around 12 million yuan ($2 million), after witnessing its value plunge more than 90% from the initial 170 million Chinese yuan ($25 million) in less than one year. Started as a subsidiary of ...
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