Bitcoin Mining

Bitcoin Mining

Markets

Wait for October: New Bitcoin Miner Demand Is Again Outstripping Supply

Bitcoin's price jump has juiced demand for new mining equipment, with some models on backlog until October.

miner

Markets

China Authorities Probe Alleged Illegal Bitcoin Mining Sites at Hydro Plants

Authorities in Sichuan province are reportedly probing into local bitcoin mining farms that may have been constructed without official approval.

Bitcoin mining facility via CoinDesk archives

Markets

Dutch Man Arrested Over $2.2 Million Bitcoin Mining Fraud

A man has been arrested in the Netherlands for allegedly scamming investors out of over $2.2 million in a fake bitcoin mining scheme.

Dutch police officer

Markets

What a Bitcoin 'Reorg' Is and What Binance Has to Do With It

The suggestion to reverse transactions on the bitcoin blockchain has caused an uproar on social media with several community members espousing such an idea is not only infeasible but reckless.

Binance Logo.

Markets

Bitmain Discloses 88% Reduction In Own Bitcoin Mining Power

Bitmain's internal bitcoin mining operations are generating 88 percent less computing power than a month ago, suggesting the industry giant has cut capacity.

bitmain_miner_flickr

Markets

Bitcoin Mining’s New Bidding War

The cost of secondhand cryptocurrency mining equipment in China has nearly doubled in the last few weeks in response to bitcoin’s price jump.

Antminer machine

Markets

Bitfury, Swiss Investment Firm Launch Regulated Bitcoin Mining Fund

Bitfury and Swiss investment firm Final Frontier have launched a bitcoin mining fund after it was authorized by an EU regulator.

btc mining

Markets

China's New Policy Isn't An Automatic Bitcoin Mining Ban – Here's Why

Despite breathless headlines, a recent proposal by China’s economic planners would not automatically ban bitcoin mining.

Bitcoin mining farm (CoinDesk archives)

Markets

China's Economic Planning Body Labels Bitcoin Mining an 'Undesirable' Industry

A Chinese government agency in charge of macroeconomic policies is labeling bitcoin mining as an "undesirable" industry in a draft economic proposal.

chinese flag

Markets

Bitcoin Miners Are Investing Again, Expecting a Cheap Power Boom Soon

Bitcoin miners in China are betting that abundant water this summer will make their business profitable again.

mining farm in Sichuan