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Core Scientific Buys Over 58,000 Bitmain S19 Antminers to Expand Its Hosting Fleet in North America

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A major North American blockchain hosting provider announced its expansion by ordering over 58,000 additional S19 Series Antminers, as part of an agreement arranged with the Chinese mining hardware manufacturer. US Contract Miner Core Scientific Arranges Purchase of Over 58,000 Bitmain S19 Antminers According to the announcement, Bitmain’s deal expects to facilitate Core Scientific customers’ … Read more

Mining Firm Canaan Creative Secures Hundreds of Millions of Dollars in Funding

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The sustained bear market has hit cryptocurrency miners hard and stalled the incredible growth experienced by hardware manufacturers that service the industry. It seems that investors are still willing to pour significant money into the business, however, judging by Canaan Creative’s latest raise. Also Read: In the Daily: Amun Funding, Coinsource ATM, Etoro Wallet Canaan … Read more

The Daily: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub

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Following a decision to recognize mining as an industry, the Islamic Republic of Iran is about to legalize the import of mining equipment. Also in The Daily, an executive at a leading Spanish bank insists cryptocurrencies are “perfect” and must be understood; trying to better understand the crypto space, Cyprus has set up a fintech … Read more

PR: BITTECH Offers Two Mining Machines, Equipped with Mining Chips Using a Cutting-Edge 10 Nm Process Technology

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BITTECH starts selling a new range of cryptocurrency mining hardware powered by 10 nm semiconductor chips (10 nm BT0010a and BT0010La mining chips). It is to be recalled that BITTECH introduced its first ASIC miner as early as mid-May, 2018. Bittech One based on 14 nm ASIC chip BT0014 is characterized by 28TH/s hashing power, … Read more

Blockstream Buys Mining Equipment From Chinese Manufacturer Innosilicon

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Blockstream, one of the largest Bitcoin Core funding contributors, has evidently bought a lot of cryptocurrency mining equipment from the Chinese electronics hardware manufacturer Innosilicon. Does this mean that the company is setting up its own mining center? Also Read: Thomson Reuters Eikon to Display Data on 50 Cryptocurrencies From Cryptocompare Blockstream Buys Mining Equipment … Read more

Bitmain Reveals the Total Hashrate of Its Cryptocurrency Mining Hardware

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Chinese bitcoin mining giant Bitmain has revealed the total hashrate of all its cryptocurrency mining hardware. This was done as part of a larger push towards greater business transparency by the company ahead of its rumored massive IPO.  Also Read: The Daily: Exchange Operator Pleads Guilty, Scammer Fined Over $1.9 Million Bitmain Transparency Policy Bitmain … Read more

Nvidia Reports $289 Million Revenue from the Crypto Sector in Q1

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Graphics card manufacturer Nvidia has announced its revenues for the first quarter, mentioning separately the amount generated from sales to the crypto market. The total includes $289 million related to GPUs for cryptocurrency mining, according to a corporate report. Demand from crypto miners was stronger than expected, the company noted.   Also read: New Player … Read more