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Category Archives: Mining

Chinese Crypto Miners: Story of Exodus

Aug 29, 2018

lylian

China, a good fit for cryptocurrency mining with cheap electricity and land available in remote areas, is now doing its best to drive cryptocurrency out of its territory after escalated government crackdown on cryptos and mining since last September. It is no longer the best place to mine. I...

Bitmain’s Worry Deepens Ahead of IPO

Aug 24, 2018

Olusegun Ogundeji

Investment research firm, Sanford C. Bernstein & Co., has released a report suggesting that Bitmain, a leading crypto mining hardware manufacturer, is losing its edge - an estimated 85% of the market for crypto mining chips - over its competitors in terms of production. The analysts at...

Nvidia Pulls Out of Crypto Mining Due to Low Profit

Aug 22, 2018

ChloeJiang

Nvidia, the largest graphic card and chip manufacturer in the world, has officially decided to quit its crypto venture due to the low profit. Colette Kress, CFO of Nvidia has made a statement that demonstrates the revenue of their cryptocurrency-specific products and the firm is expecting ...