BTCManager Logo with clear background. Orange and white font.

BITCOIN PRICE: 5,560.00     HIGH: 5,610.00     LOW: 5,199.80

=
BTCManager.com
advertisement
Next Event

Decentralized • November 14-16, 2018

After the huge success of Decentralized 2017, the University of Nicosia is proud to announce that Decentralized 2018 will take…

Click for more details
advertisement

Tag: bitcoin mining

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….

READ MORE

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…

READ MORE

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…

READ MORE

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…

READ MORE

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…

READ MORE

advertisement

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…

READ MORE

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…

READ MORE

Washington State Utility Increases Power Rates for Bitcoin Mining

Category: Bitcoin, Blockchain, Mining, News, Tech

Washington State Utility Increases Power Rates for Bitcoin Mining

Due to Grant County’s lower power cost that comes from the local hydroelectric plant, many cryptocurrency mining operations have flocked to Washington state. However, their luck is bound to change as the Grant County Public Utility District (PUD) recently announced a rate hike for electricity used by cryptocurrency mining farms by as much as threefold, the International Business Times reported…

READ MORE

Soluna Bets Big on Offsetting Bitcoin Energy Consumption

Category: Bitcoin, Business, Mining, News

Soluna Bets Big on Offsetting Bitcoin Energy Consumption

As Bitcoin mining operations ramp up worldwide the electrical cost of mining is drawing the ire of municipalities and environmental groups alike. However, Soluna is looking to offset the carbon footprint of mining Bitcoin through its wind power plant in the Sahara Desert. Wind-Powered Mining Current estimates put bitcoin mining power consumption at around 2.55 gigawatts, which means that the network…

READ MORE

Research: Bitcoin Mining Operations Use Far Less Energy Than Banks

Category: Altcoins, Bitcoin, Mining, News

Research: Bitcoin Mining Operations Use Far Less Energy Than Banks

At a time when bitcoin antagonists have not stopped criticizing the world’s flagship digital currency for its high power consumption, The Conversation, a nonprofit academic news source has published a report on August 20, 2018. In the article, University of Pittsburgh energy technology researcher Dr. Katrina Kelly Pitou explained why bitcoin mining activities pose less harm to the environment than…

READ MORE

Join our Telegram Channel!