China-based crypto mining pool F2Pool announced support for the ProgPow (Programmatic Proof-of-Work), the ASIC resistance upgrade for the Ethereum network on Thursday as the vote on Ethereum’s potential mining algorithm change has been on-going for three days. The ProgPow, ...
Although the environment for crypto mining business is incredibly harsh at present, ambitious miners are eager for action under the dual enticement of the dumping price of mining device and the extreme cheap electricity in Sichuan as the wet season is upcoming. As the mining hub in China, Si...
As Nvidia disappointed its investors on Monday, by cutting its quarterly revenue guidance by $500 million to $2.2 billion, other graphics card manufacturers have also been influenced in their stock price. Nvidia CEO Jensen Huang described Q4 2018 as “an extraordinary, unusually turbul...
United Microelectronics Corporation (UMC), one of the leading Taiwanese chip manufacturers, saw a revenue decline of about 10% in the fourth quarter of 2018, for which, the giant blamed the downturn in demand for cryptocurrency. According to the company’s report, it racks in a revenue of...
As the use of blockchain technology in the financial services industry continues to grow in 2019, blockchain-based data services are getting more mature. QKL123, a professional data service platform that provides blockchain data terminal, is aiming to promote the financial process of blockch...
Crypto miners are suffering from the currency crypto crash. Even Bitcoin, the uncrowned king of cryptocurrency has been trading at around $3500, which represents over 80 percent drop from its all-time high of $20,000 in late 2017. At this time, energy cost becomes a key factor of mining profi...
From a failed IPO attempt to massive layoffs and shutting down many mining operations, China-based cryptocurrency mining giant Bitmain experienced difficult times during the second half of 2018 which witnessed the crypto market downturn. The Beijing-headquartered company now seems to bet on ...
Antminer, the world's leading Bitcoin mining rig brand, has released a guide to defend against the cryptojacking haunting its user base in China for months long, after ten days 8btc shed light on the new ransomware. Named hAnt, the new ransomware strain was first observed in August of last ...
The Beijing-based Bitcoin mining giant Bitmain is facing major headwinds in its attempt to launch an IPO in Hong Kong. On January 23, Cheif Executive Officer of Hong Kong Exchanges and Clearing (HKEx) claimed that Bitcoin mining firms’ IPO could fail due to lack of suitabi...
Bitmain, the demonstrated Beijing-based Bitcoin mining manufacturer has been at the center of the media storm recently relating to its IPO process, BCH hash war, leadership change, mass layoffs, shrinking operation and more. Everybody says Bitmain had a tough time in 2018 due to the cryp...
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