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Tag: ASICs

Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests

January 5, 2022 wp-bot Bitcoin News

Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has

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U.S. Mining Company Marathon Now Holds 8,133 BTC. And They’re Not Selling It

January 5, 2022 wp-bot News BTC

In their December report, Marathon Digital Holdings announced their total BTC holdings. And assured their investors that they were not selling any of it any

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Demand for Mining Hardware Spikes in Russia, Prices Rise

December 19, 2021 wp-bot Bitcoin News

The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices, retail data indicates. This year,

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Canaan Secures Order for 30,000 Bitcoin Mining Rigs From Genesis Digital Assets

December 17, 2021 wp-bot Bitcoin News

The application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer Canaan has announced the company has secured a follow-on contract from Genesis Digital Assets for 30,000

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Marathon Plans to Raise $500 Million From Convertible Senior Notes to Buy Bitcoin and Mining Rigs

November 15, 2021 wp-bot Bitcoin News

On Monday, the enterprise bitcoin mining operation Marathon Digital Holdings announced the firm will raise $500 million from convertible senior notes in order to accrue

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Is This The Reason China Banned Bitcoin Mining? Carvalho’s Mind Blowing Theory

November 8, 2021 wp-bot News BTC

Bitcoin entrepreneur John Carvalho might be on to something. In a recent episode of the Tales from the Crypt podcast, he posed his theory on

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