It is a no-brainer to understand that cryptocurrency mining can be rather energy intensive. China was the go-to place for crypto mining due to its abundant and cheap energy, which…
The IBC group has notable Bitcoin and Ethereum mining operations scattered across China, with over 1,500 people hired in more than 40 cities.
In response to China's recent abolition of cryptocurrency…
The Bitcoin Mining Council (BMC), a global forum of Bitcoin mining firms and other Bitcoin industry-related companies, has recently disclosed the findings of its first quarterly survey.
The survey revealed that…
Major US digital asset mining firm Hut 8 Mining Corp has recently disclosed the purchase of additional miners for deployment by the end of Q4 2021.
To be more specific, Hut…
Computing solutions provider Canaan Inc announced that it has secured a purchase order from Genesis Digital Assets Limited, a company that is considerably experienced in building and operating industrial-scale Bitcoin…
Square Inc, a US-based financial services and digital payments company, will invest $5 million to construct a solar-powered Bitcoin mining facility.
The facility will be built at a Blockchain Mining site…
In a recent press release, Blockcap announced that it had mined a total of 544 bitcoins in Q1 of 2021. Blockcap’s executive chairman and founder, Darin Feinstein stated that the…