The price of Ethereum has reached a new yearly high at $325, surpassing the previous high achieved in February 2020. In addition, more information about Ethereum 2.0 is disclosed recently, and after the popularity of DeFi, GAS fees began to approach the peak in 2018. Now the popularity...
8btc went for a field trip to China’s Sichuan province, which is home to some of the largest crypto mining operations in the world. 8btc launched a picture & text live broadcast to discover the mining empire hidden in the mountains. Sichuan is rich in rivers and waters. In the eyes of or...
On June 24, a statement issued by Antminer shows crypto miner maker Bitmain’s two founders Wu Jihan and Micree Zhan have reached an agreement after their long battle for controlling the company. The voice is solely from Wu Jihan, and there is no response from the Micree Zhan at pres...
Ebang, or producer of Ebit miners, the leading Chinese bitcoin mining hardware manufacturer, is reportedly updated its prospectus on June 17. The updated prospectus announced its revenue in the first quarter of 2020, as well as revealing the IPO fund rises from $100 million to $125 millio...
"For a small miner like me, just invest in to pay the electricity bill, and wait for the profits, even for large miners in the future." Said Mr. Huang, a Chinese crypto miner in an interview. For some small miners, in the current market, considering mining as a sideline is a more relaxing ch...
Recently previously ousted co-founder Micree Zhan controlled the Shenzhen miner delivery factory and prohibited employees from normal delivery to paid customers after returning to Bitmain. Bitmain then issued an internal letter indicating it was solving the problem by legal approach. Accor...
In order to relocate the mining machine from the hydropower-mining farms to the thermal power mining farms with the cheapest electric charge in a short period, Chinese crypto mining farm owners spare no expense even adopting air transportation to transfer the machines, which takes several hundred ...
China’s southwestern provinces Sichuan and Yunnan are cleaning up the crypto mining farms with direct power supply. Recently Sichuan province issued a document emphasizing the protection of compliant mining farms and cracking down on crypto mining farms with direct power supply. Now some mini...
Chinese crypto miner maker Canaan launches two new mining machines: Avalon 1146Pro and Avalon 1166. The power consumption of these two mining machines is 40% higher than that of the Whatsminer’s M30S + + which has the smallest power consumption on the market, but the former’s computing po...
Almost all thermal-powered crypto mining farms in north China’s Inner Mongolia and Xinjiang province have been shut down, while 20% - 35% of hydropower-powered crypto mining farms are vacant in north China’s Yunnan, Guizhou, Sichuan province. The electricity charge is one of the bigge...
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