Canaan reports $33 million loss for 2020
The Chinese mining-hardware manufacturer Canaan posted a net loss of $33 million for 2020, according to the company's financial statements.All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.
Canaan reports $33 million loss for 2020
The Chinese mining-hardware manufacturer Canaan posted a net loss of $33 million for 2020, according to the company's financial statements.
A Russian man received a car battery instead of mining equipment.
An Amur region resident said he had fallen victim to scammers when buying cryptocurrency mining equipment.Bithumb Global to list energy-backed BitRiver token
BitRiver's data-centre operator released the BTR token, whose price is pegged to the annual cost of 1 watt of electricity. Trading of the asset will begin on April 19 on the Bithumb Global cryptocurrency exchange.
Blockcap to open Texas headquarters
The American mining company Blockcap has announced plans to open a headquarters in Texas and to expand its fleet to 42,000 devices for mining Bitcoin.
Intel Xeon server processors tested in Monero mining
An enthusiast tested the new Intel Xeon Ice Lake-SP server processors in Monero mining.
Thieves in Irkutsk region steal mining farm worth 600,000 rubles
Police in the Irkutsk region detained three local residents suspected of stealing cryptocurrency mining equipment.
In Moscow, criminals stole 15.4 million rubles in a fake sale of mining rigs.
The Moscow prosecutor's office has approved an indictment in a criminal case against three suspects, each believed to have committed 37 counts of fraud.
Riot Blockchain to buy Whinstone US for $651 million
Nasdaq-listed mining company Riot Blockchain has signed an agreement to acquire Whinstone US, the bitcoin-mining power provider.
Hut 8 to raise C$500 million on the Toronto Stock Exchange
The Canadian mining firm Hut 8 Mining Corp plans to raise CAD 500 million (~$396.5 million at the time of writing) from a securities offering. The information is disclosed in the prospectus filed with the Ontario Securities Commission.
Riot Blockchain to buy 42,000 miners for $138.5 million
American mining company Riot Blockchain has signed an agreement with Bitmain to buy 42,000 Antminer S19j ASIC miners for a total of $138.5 million.We use cookies to improve the quality of our service.
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