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Tag: Canaan

Chinese mining giant Canaan doubles profits despite the blanket crypto ban

August 18, 2022 wp-bot Cointelegraph

The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June.

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Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022

August 12, 2022 wp-bot Bitcoin News

This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create

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Old Bitcoin mining rigs risk ‘shutdown’ after BTC price slips under $24K

June 13, 2022 wp-bot Cointelegraph

New generation Bitcoin mining machines would remain profitable even if the BTC price crashes by another 50%.

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Bitcoin Miner Hive to Purchase Intel Mining Chips, Firm Reveals a 100 MW Deployment Deal in Texas

March 9, 2022 wp-bot Bitcoin News

On March 7, the publicly-listed mining firm Hive Blockchain Technologies announced the company inked a deal with Intel to purchase new ASIC mining chips. Additionally,

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Bitcoin Miner Mawson Inks Hosting Deals With Celsius Mining and Foundry Digital

March 5, 2022 wp-bot Bitcoin News

The bitcoin mining operation Mawson Infrastructure Group (MIGI) has started to make hosting deals with key players in the mining industry. On March 1, Securities

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Bitcoin Miners Catch a Break as Mining Difficulty Drops for the First Time in 3 Months

March 4, 2022 wp-bot Bitcoin News

Bitcoin miners got a small break on March 3, after the network’s mining difficulty shifted downward for the first time since November 28, 2021. Bitcoin’s

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