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BITCOIN PRICE: 3,529.52     HIGH: 3,702.49     LOW: 3,470.00

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BlockchaINVEST • January 7 - March 11, 2019

At BlockchaInvest, international blockchain companies and crypto projects looking to raise capital meet local investors and fund managers in a…

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Tag: bitcoin mining

Bitmain Founders Stepping Back As New CEO Steps In

Category: Business, Mining, News

Bitmain Founders Stepping Back As New CEO Steps In

Bitmain, the world’s largest Bitcoin-mining manufacturing equipment company is undergoing quite the restructuring, as the new CEO, Wang Haichao, will be replacing two of the company’s original founders, according to a new report (Jan 10). Bitmain Restructuring It wasn’t too long ago that many people considered Bitmain the most valuable company in the cryptocurrency sector, especially considering the fact that…

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German Private Equity Fund to Launch Bitcoin Mining Farm in Asia

Category: Bitcoin, Business, Finance, News, Platform, Tech

German Private Equity Fund to Launch Bitcoin Mining Farm in Asia

According to an article published by Deutsche Finanz, November 29, 2018, Munich-based private equity firm Xolaris is set to launch a $50 million bitcoin farming fund to expand its business into the Asian market. This comes at a time when the market crash has forced many small-scale miners to throw in the towel due to the increasing cost of mining…

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Coinmine Launches Plug-And-Play Home Crypto Miner That Anyone Can Use

Category: Bitcoin, Blockchain, Business, Ethereum, News, Platform, Tech

Coinmine Launches Plug-And-Play Home Crypto Miner That Anyone Can Use

Blockchain startup Coinmine has announced the launch of its innovative new cryptocurrency mining device. The device is a combination of hardware and software, which is designed to bring ease of use to digital currency mining so that anyone can mine crypto from home. One-Click Mining Setup The Los Angeles-based startup has revealed in a press release that its first device,…

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DMG Blockchain Announces 85-Megawatt Crypto Mining Facility

Category: Bitcoin, Blockchain, Ethereum, Investment, Mining, News, Platform, Tech

DMG Blockchain Announces 85-Megawatt Crypto Mining Facility

On November 8, 2018, blockchain and cryptocurrency mining firm DMG Blockchain announced the opening of its new 85-megawatt crypto mining facility in Canada, as per a press release by Global News Wire.  Massive Mining Facility DMG Blockchain Solutions Inc. has just announced the inauguration of a new crypto mining facility that is capable of a running an 85-megawatt mining operation….

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Bitcoin Mining Hardware Manufacturer Bitmain Releases New 7nm Antminer Hardware

Category: Altcoins, Bitcoin, Business, Development, Mining, News

Bitcoin Mining Hardware Manufacturer Bitmain Releases New 7nm Antminer Hardware

On November 5, 2018, the mining rig manufacturer Bitmain Technologies has officially released two new 7nm (nanometer) “Antminer” crypto mining machines, which will go on sale on November 8. Bitcoin Mining Behemoth Releases Antminer Hardware Bitmain, the largest bitcoin mining firm in the world and one of the most valuable companies in the cryptocurrency industry, has announced that it will…

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Mining Giant Bitfury Raises $80 Million in Closed Funding Round

Category: Bitcoin, Business, Finance, Investment, Mining, News

Mining Giant Bitfury Raises $80 Million in Closed Funding Round

Bitfury, a San Francisco-based provider of blockchain infrastructure, has just closed an $80 million funding round led by venture capital firm Korelya Capital, the company announced in a press release on November 6, 2018. $80 Million Private Placement for European Blockchain Unicorn Bitfury Bryan, Garnier & Co, the leading European growth focused investment bank acted as Sole Financial Advisor and…

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NBA’s Houston Rockets Land Sponsorship Deal with Bitcoin Mining Subsidiary AntPool

Category: Bitcoin, Business, Finance, Investment, Mining, News

NBA’s Houston Rockets Land Sponsorship Deal with Bitcoin Mining Subsidiary AntPool

Bitcoin mining company AntPool, owned by Bitmain, one of the largest manufacturers of mining rigs in the world, landed a sponsorship deal with professional U.S. basketball team the Houston Rockets, The South China Morning Post reported on September 24, 2018. Bitmain Sponsors NBA’s Houston Rockets Bitmain Technologies, the world’s biggest supplier of cryptocurrency mining equipment, is looking to help push…

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How Cryptocurrency Mining Could Help to Minimize Energy Wastage

Category: Bitcoin, Blockchain, Mining, News, Tech

How Cryptocurrency Mining Could Help to Minimize Energy Wastage

Concerns regarding the carbon footprint of the cryptocurrency mining industry continue to grow after it came to light that the power required to run the Bitcoin network exceeded that power consumption of entire countries. However, in an exciting turn of events, the World Economic Forum is now postulating that cryptocurrency mining could become the new face of efficient energy use…

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Could This Be the End for Bitmain?

Category: Altcoins, Bitcoin, Mining, News, Tech

Could This Be the End for Bitmain?

It has not been a good year for cryptocurrency mining manufacturing giant Bitmain, as the company is suffering from inventory losses, a lack of new manufacturing and the dwindling crypto mining market, a Bloomberg report on 18 September 2018, revealed. Bitmain Forgot the Rule for Selling Shovels The world’s largest cryptocurrency mining rig maker is facing a tough year, as…

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Bitcoin Drops to One-Month Low as Silk Road Wallet Cashes Out: BTCManager’s Week in Review

Category: Altcoins, Bitcoin, Blockchain, Development, Exchange, Investment, Mining, News

Bitcoin Drops to One-Month Low as Silk Road Wallet Cashes Out: BTCManager’s Week in Review

The price of bitcoin dropped by 12 percent week-on-week after a Silk Road-related wallet holding 111,114.615 BTC and BCH, among other forks, – worth over one billion dollars – moved coins for the first time in four years, which many took as a sign that the wallet holder was about to cash out. Reddit user sicksilk, who discovered the whale’s…

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