Openbazaar Raises $5M from Investors Including Bitmain

On Tuesday, March 13, OB1, the company building the cryptocurrency-centric marketplace Openbazaar, has announced it has raised $5 million USD in a recent series A funding round. According to the startup, Omers Ventures and Bitmain Technologies were the lead investors in the funding round for the e-commerce marketplace. Also Read: Survey Finds South Korean Youth the … Read more

Nasdaq-Listed Marathon Begins Bitcoin Mining Operations, Stock Up 32%

Traditional stock investors have just gotten another avenue for indirect exposure to the bitcoin market. A Nasdaq exchange listed former patent management company, Marathon, has changed its focus to ASIC mining and today started producing bitcoin. Also Read: Silicon Valley VCs Help Crypto Hedge Fund Reach Quarter Billion Target Marathon Mining Marathon Patent Group, Inc. … Read more

Bitmain Opens Repair Center in Russia

Leading manufacturer of crypto mining equipment Bitmain has opened a service center in Russia. Miners in the country will be able to repair their ASIC rigs locally, saving both time and money. Previously, they had to send faulty equipment back to China, dealing with customs formalities and paying costly shipping.   Also read: Ant Creek: … Read more

Ant Creek: Is Bitmain Quietly Developing a Mining Facility in the US?

According to public documents the mining giant based out of Beijing, Bitmain Technologies, is allegedly building a data facility near Port Walla Walla, Washington called ‘Ant Creek.’ Also read: Washington Politicians Defend Regulations as Cryptocurrency Exchanges Flee Is Bitmain Quietly Constructing a Large Mining Facility in Washington State? The mining company and device manufacturer Bitmain … Read more

From ‘Attack’ to ‘Optimization’ — Slush Pool Reveals ASIC Boost Compatibility

Back in the spring of 2017, the discussion of a technology called ‘ASIC Boost’ was a very hot debate amongst bitcoin proponents. Bitcoin core (BTC) supporters were extremely upset with the firm Bitmain Technologies and its owner Jihan Wu for allegedly using ASIC Boost covertly, even though the company denied it. Now according to reports … Read more

The Curious Case of ‘Cobra Bitcoin’: The Peculiar Anon with a Lot of Power

The controversial owner of the web portal Bitcoin.org and Bitcointalk, an anon named ‘Cobra Bitcoin’, has been a popular subject within the cryptocurrency community lately. It’s strange that a person who nobody really knows has so much control within the BTC community, and lately his messages have been very cryptic, even making some believe his … Read more