Most of what you’ll read about bitcoin mining will be about mining operations in China and North America, but there is a small, growing sector of active mining operations in parts of the world that you don’t often hear about, in countries like Norway, Russia, Venezuela and Paraguay. As...
As 7nm components have begun to reach the consumer space in 2019, chip giant Taiwan Semiconductor Manufacturing Company (TSMC) has already worked on its plans for 5nm and even 2nm manufacturing. At the recent 33rd anniversary celebration of TSMC, Mark Liu, chairman and co-CEO o...
International economic sanctions have propelled many countries toward cryptocurrencies — from Venezuela to Iran. Now, U.S. sanctions imposed on one Russian company have paved the way for a cryptocurrency mining operation to take over a decidedly industrial facility. Rusal Turns to Cryp...
Canaan Creative, the Avalon bitcoin miner maker and one of the world’s largest crypto mining equipment manufacturer, has officially filed to be a publicly traded company in the United States. On October 28, the China-based mining giant filed for an initial public offering (IPO) with ...
From China to Europe, one of the fastest-rising mining pools is forging a push into the international market. Dubbed the world’s largest Bitcoin mining pool, Poolin is already faring well and it is gunning for new markets in the crypto industry, which its VP, Alejandro de la Torre, says i...
Canaan Creative, the world’s second largest bitcoin mining machine manufacturer, said it expects to sell 1 million bitcoin miners in 2020 as buying interest increases. Chen Feng, sales director of the Hangzhou, China-based company, said in a live streaming interview with 8btc that the comp...
Poolin, just over a year old and already trending as a top two mining pool, is a bit of an anomaly in the mining industry as a China based company with public views on Bitcoin’s development that mirror Bitcoin Core’s. CEO Zhibiao Pan started in the mining industry as the founder of T...
Layer1, a cryptocurrency infrastructure platform, has secured $50 million in series A funding in a bid to revolutionize the bitcoin mining space in the U.S. According to a Layer1 blog post published on October 15, 2019, the funding (which values the company at $200 million) came from leg...
MicroBT, the maker of WhatsMiner bitcoin mining hardware, said it would have 200,000 units of M20 series models delivered by the end of this month. Yang Zuoxing, founder and CEO of the China-based bitcoin mining hardware manufacturer, said at the New Era Mining Summit on Sunday t...
The bitcoin network currently has a whopping of 4.3 million mining machines run on it, yet the market is still seeing an increasing level of buying interest with 1.5 million mining equipment in want, according to Innosilicon, a China-based leading ASIC miner manufacturer. The surge in bit...
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