An old woman aged 61 in China has been sentenced to detention of four months for stealing electricity to mine bitcoin, according to China Judgements Online, a website publishing court documents of the whole country. As per the court document, in addition to jail time, the suspect has also b...
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 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 ...
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 China-based mining machine manufacturer MicroBT on April 13 revealed specs of its latest ASIC mining model – bitcoin miner WhatsMiner M20S, with a maximum hashrate of 72 TH (trillion hashes) per second at power consumption of 48W/T. As the crypto market seems to be spring...
Canaan Creative, the world’s second largest manufacturer of bitcoin mining hardware, has unveiled its new bitcoin miner Avalonminer A10 after its A9 series hit a success. The A10 model is boasted as a competitive edge for bitcoin mining in the upcoming wet season. The Avalon team claime...
18 investors allegedly lost 12.7 million yuan ( $ 1.89 million) in China’s biggest crypto mining fraud in 2018 which was initiated by a notable photovoltaics (PV) company, blockchain-focused media 31 Degree North Latitude Pro reported on Feb.20. Rijing Photoelectric (青海日晶光电有限公...
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 China-based crypto mining giant Bitmain has lost a chunk of bitcoin hashrate amid the crypto winter, contributing only 24.8 percent of the bitcoin network hash rate in the past three days, according to btc.com. Though still on the top of bitcoin hash rate distribution, the two leadin...
Bitcoin price slumped to a 13-month low of about $4,300 on Wednesday, making mining the world’s leading digital currency an unprofitable business. A lot of mall miners, mining rigs dealers and mining hosts in China have to make a career change, with some having a side job to sell shoes and sil...
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