Mining

Mining Giant Bitmain Posts $500 Million Loss in IPO Financial Filing
Cryptocurrency mining and manufacturing giant Bitmain lost about $500 million in the third quarter of 2018, CoinDesk has learned.

Bitmain Announces New, More Efficient 7nm Bitcoin Mining Chip
Bitmain Technologies has announced a new 7nm bitcoin mining processor that it says offers a big boost in energy efficiency.

8 Illicit Crypto-Mining Windows Apps Removed From Microsoft Store
Eight apps have been removed from Microsoft's app store after Symantec found they could illicitly mine cryptocurrency.

Nvidia Says Crypto Drop-Off Helped Drive 'Disappointing' Fourth Quarter
Graphics card maker Nvidia has said the downturn in sales to crypto miners drove a drop in revenue in Q4, despite a record year overall.

Co-Founder Quits Avalon Mining Chip Maker Canaan Over 'Differences'
Xiangfu Liu has left the board and management team of Canaan Creative, maker of the Avalon crypto miner.

Bitcoin Is Becoming More Decentralized, Indicates New Research
Bitcoin has become more decentralized by several measures, according to a research report from Canaccord Genuity Group.

Bitfury Partners to Launch Bitcoin Mining Centers in Paraguay
Bitfury has teamed up with a South Korean firm to mine bitcoin using cheap, clean hydro power in Paraguay.

Hong Kong Stock Exchange CEO Casts Doubt on Crypto Miner IPO Filings
The CEO of the Hong Kong Stock Exchange has seemingly questioned the IPO viability of crypto mining companies in new comments.

Sapphire Tech Targets Grin Cryptocurrency With New GPU Miner
Sapphire Technology is launching a line of graphics cards designed for mining of the new "grin" cryptocurrency, as well as other tokens.

Chip Maker TSMC Reports 'Big Drop' in Crypto Mining Revenue
Chip-making giant TSMC has reported a significant drop in revenue for its crypto mining segment in 2018.

