As talks of MicroBT (Whatsminer maker) planning to go public on the US Nasdaq stock exchange market persist, a Chinese holding company that provides marketing data, technology and solutions has joined the list of new players going into crypto mining. SOS Limited, formerly known as ...
Bitcoin generates 210 million CNY a day, and Antminer S9 has become a cash cow At present, the daily output of bitcoin mining is 900 pieces, and the transaction fee output is about 109 pieces. Judging from the coin price at $32000, the daily output of bitcoin mining is about $32.29 milli...
There is a popular saying in the crypto space: the cryptominers can't earn more than the mining machine sellers. Bitcoin's soaring price often drives the bitcoin miner market. However, Huaqiang North Commercial Area, the largest mining equipment market in China seems to be very dull as Bitc...
Some listed companies focusing on crypto mining have emerged one after another as bitcoin price skyrocketing. The shares of those listed companies in the United States and Canada, such as RIOT Blockchain, Bit Digital, Marathon Patent Group, have soared. 500.com, a top online sports...
As bitcoin skyrocketing to record-high to $24000, Antminer S9 is once again popular in the market. At present, the latest prices of the second-hand Antminer S9 have been above 250 Chinese yuan. 20 days ago, the price of the machine was only about 110 Chinese yuan, which has doubled in such a...
Micree Zhan and Wu Jihan, two co-founders of Bitmain have formally reached an agreement. Zhan temporarily to mortgage his shares and lend $600 million from Bitmain to acquire some shares of Wu Jihan. Bitmain’s subsidiaries like BTC.com, BitDeer and overseas mining farms was contro...
Recently, due to the shortage of electricity supply, China’s Sichuan province has cut off electricity supply to local crypto miners. Other provinces in South China also implement emergency power rationing measures. The price of coal which is the raw material for thermal power plants, has ...
Ethereum mining industry comes to a frenzy as the ETH price previously hit about $620 record high. At least 10 Chinese companies are trying to develop new Ethereum mining machines. Rumors about Bitmain's ETH miner E9 and FPGA are rampant In July 2020, the monitoring data sho...
The top stories from the Chinese cryptocurrency sphere this past week include: OKEx to resume withdrawals after the temporary suspension, Several Chinese miners bank accounts frozen allegedly for fraud and money laundering, Huobi prime bidder to purchase top South Korean Bitcoin exchange ...
Antminer S9, the old-fashioned type from Bitmain can still generate profits by from crypto mining as Bitcoin "completes" a strong performance like the stellar move from $12,000 to $15,950 seen over the past few weeks. Electricity charge for S9 mining is 0.34 CNY/kW·h (data from F2P...
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