Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: ECB Should Learn From Florida, Solana’s Opera, IOTA Assembles USD 100M, Gemini Down + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
With the price of bitcoin (BTC) pushing for yet another all-time high before its latest drop, and with the recent shake-up in hash power distribution following China’s bitcoin mining ban last summer, bitcoin mining operations have been enjoying substantial profits. Adding a bit of exposure to bitcoin mining companies could, therefore, be the right…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Investments in BTC Keep Growing, in ETH – Dropping, MoonPay Valued at USD 3.4B + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
While companies like Microbt, Bitmain, Innosilicon, Strongu, Ebang, and Canaan have ruled the roost in terms of manufacturing application-specific integrated circuit (ASIC) bitcoin miners, a new challenger has entered the competition. A relatively unknown integrated technology firm called AGM Group Holdings has seen a lot of ASIC sales and partnerships in recent times. A Relatively…
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Following a number of ASIC mining rig acquisitions from the manufacturer Canaan, the bitcoin mining operation Genesis Digital Assets announced on Monday that the firm is developing an industrial-scale bitcoin mining data center in West Texas. According to the announcement, Genesis says that the new facility will have 300 megawatts of capacity with a “low…
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On October 29, the publicly listed firm Canaan announced the mining manufacturer has secured a follow-on purchase order from the mining operator Hive Blockchain for 6,500 units of Canaan’s next-generation Avalon mining rigs. Hive expects to increase the operation’s hashrate from 1.2 exahash per second (EH/s) to 3 EH/s by March 2022. Hive Secures an…
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The digital asset company Bakkt Holdings has completed a merger with a firm called VPC Impact Acquisition Holdings and the combined business will be listed on the New York Stock Exchange (NYSE) on October 18. Bakkt revealed it was aiming to go public last January, and the Bakkt listing on Monday will leverage the ticker…
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As bitcoin’s value has increased, the global hashrate has been steadily climbing higher week after week. On Sunday, the hashrate dedicated to the Bitcoin network is hovering just above the 155 exahash (EH/s) handle and bitcoin’s price has made a great number of mining rigs more profitable. Older generation mining rigs like Bitmain’s Antminer S9…
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The China-based bitcoin ASIC mining machine manufacturer Canaan has announced the company has forged a partnership with Genesis Digital Assets, and the two firms have now signed a deal for a large purchase order. Genesis will buy 20,000 bitcoin miners from Canaan and the mining operation also has the option to purchase an additional 180,000…
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This week Blockchain.com CFO Macrina Kgil discussed how the company has surpassed $1 trillion in cryptocurrency transactions and the company may go public with an initial public offering (IPO) in 2023. The cryptocurrency firm is one of the oldest in the industry and Kgil explained that 76 million Blockchain.com wallets have been created since the…
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