The Shanghai-based online game operator, The9 Limited, has revealed the company is planning to acquire 2,000 Canaan Avalonminers for over $6 million in a stock
Read more
Texas Bitcoin Mining Swells- Riot Purchases Mining Site for $650M, Blockcap Establishes HQ in Austin
The Lone Star State of Texas is solidifying its role as a bitcoin mining and blockchain hub. This week two major bitcoin mining companies established
Read more
Ebang refutes Bitcoin ‘China Hustle’ claims as share price falls 20%
A Nasdaq-traded Chinese Bitcoin mining firm has seen its shares fall 20% after a damning short report unveiled some alleged dodgy dealings.
Read more
Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer for $100 Million
Following the acquisition of the Chinese mining pool Btc.com, the China-based lottery company 500.com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing.
Read more
Riot Blockchain purchases 42,000 Antminers from Bitmain
The $138.5 million deal will add an estimated 3.7 EH/s to Riot’s existing and planned mining capacity.
Read more
UK Bitcoin mining revenues soar, but China hogs 75% of ‘blood coin’ production
U.K.-based Argo Blockchain just did record revenues, but a new report suggests 75% of Bitcoin mining still takes place in China, where “blood coin” is
Read more