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Tag Archives: bitcoin mining

Chinese Bitcoin Miners in Iran: To Leave or To Hang on

Jan 16, 2020

lylian Teng

As the U.S. and Iran step back from the brink of war, it comes as a temporary relief to bitcoin miners in the oil-rich country. The Middle Eastern country had previously attracted Chinese bitcoin miners heading there for its extremely affordable electric prices at $0.006 per kilowatt-hour...

Hashing Ahead: A Look at Bitcoin Mining in 2020

Jan 2, 2020

Bitcoin Magazine

The December 2019 report on the Bitcoin mining network from CoinShares Research, a division of the digital asset management firm, presented an industry in good health at the end of the year, with a hash rate that had almost doubled in the previous six months, a new generation of more powerful...

Chinese Bitcoin Miner Maker Ebang was Involved in Criminal Case

Dec 20, 2019

Vincent He

On December 9, Ebang, a Chinese bitcoin miner maker, received the notice of filing the case and now is under investigation of Beijing police Bureau. Earlier, Ebang is planning an initial public offering (IPO) in the U.S., according to 8btc’s previous report. Falling into criminal d...

Year End Bitcoin Talks in China

Dec 20, 2019

Olusegun Ogundeji

Bitcoin (BTC) has risen two places in the latest ranking by the Center for Information and Industry Development (CCID), under the Chinese government's Ministry of Industry and Information Technology. From the 11th spot in the 14th version of the ranking (published in September)...

Will Miners Suffer if Bitcoin Price Keep Unchanged After Halving?

Dec 13, 2019

Vincent He

According to the current bitcoin price, some mining machines have reached the shutdown price, even the major Antminer S9 is suffering a deficit. So will crypto miners suffer if bitcoin price keeps unchanged after halving? So when the revenue of the mining machine is reduced by half, the mini...