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Canaan’s Net Income Reaches $38 Million in Q2 2021

  • The company reported a substantial increase in net revenues and gross profit.
by Bilal Jafar
Thought Leaders

Opening Bitcoin Up to the World

  • Bitcoin may not be a new concept, but there are key companies who are opening crypto up to the masses.
by Finance Magnates Staff
News

The9 Limited to Establish a Joint Venture in Kazakhstan for Crypto Mining

  • The plans of the company aim to build cryptocurrency mining sites with a total capacity of 200MW.
by Felipe Erazo
News

Chase Closes Bank Accounts of Compass Mining

  • Compass Mining is one of the largest providers of Bitcoin mining services.
by Bilal Jafar
News

HIVE Blockchain Orders 1,800 Crypto Mining Machines from Bitmain

  • The company is planning to increase its crypto mining capacity.
by Bilal Jafar
Thought Leaders

Where Have all the Crypto Miners Gone After the Surge in Regulatory Pressures?

  • The global situation with regards to digital assets is not rosy, given many countries want to impose tighter regulation.
by Finance Magnates Staff
News

Cryptocurrency Firm Genesis Digital Assets Raises $125 Million

  • The company is planning to expand its Bitcoin mining operations through the latest funds.
by Bilal Jafar
News

HIVE Expands Bitcoin Mining Capacity with New Machines

  • The company announced the purchase of 3,019 MicroBT M30S miners.
by Bilal Jafar
News

Operational Bitcoin Miners See a Jump in Profitability

  • According to an estimate, approximately 50% of Bitcoin miners are offline.
by Bilal Jafar
News

IBC Group Decides to Close Bitcoin and Ethereum Mining Operations in China

  • The Group is planning to move its staff to different countries including Canada, UAE, the US, Iceland and Kazakhstan.
by Bilal Jafar
Thought Leaders

GIBX Mining Farm and IPFS Mining Pool Opening Up New Opportunities

  • Break through the reserve price and get involved in cloud computing power today!
by Finance Magnates Staff
News

We Have Clean Energy for Bitcoin Mining, Says Miami Mayor

  • Francis Suarez is planning to lower the cost of electricity to facilitate BTC miners.
by Bilal Jafar
Thought Leaders

The History of Currency Minting & Its Rise in a Form of Crypto Ecosystems

  • Fiat currencies are a recognized form of money, while crypto assets remain at the mercy of innovation, regulation and adoption.
by Finance Magnates Staff
News

El Salvador Plans to Build Geothermal-Powered Facilities for Bitcoin Mining

  • President Bukele expects to provide '100% clean, renewable' energy from geothermal facilities to miners.
by Felipe Erazo
Thought Leaders

Earn Passive Income with Nhash Cloud Mining Services

  • The process of registration on NHash is also quick, and it only takes a few minutes to register. 
by Finance Magnates Staff
News

North American Bitcoin Miners Meet Elon Musk

  • Michael Saylor hosted a meeting between Tesla CEO and leading Bitcoin miners in North America.
by Bilal Jafar
News

Chinese Bitcoin Miners Remain Uncertain after Government’s Announcement

  • Huobi Mall and BTC.TOP announced the suspension of their Chinese crypto mining operations on Monday.
by Bilal Jafar
News

BTC Mining Firm Riot Blockchain Partners with Bitmain

  • Riot Blockchain will purchase 42,000 mining machines from Bitmain technologies.
by Bilal Jafar
News

Countries Are Mining Bitcoin with Dirty Energy, Says Miami Mayor

  • The US has a clean energy supply to resolve the issues related to Bitcoin mining.
by Bilal Jafar
News

Bitcoin Mining Firm Stock Prices Have Outperformed BTC by 455% in 12 Months

  • The stock prices of Marathon Digital Holdings, Riot Blockchain, Hut8, & Hive Blockchain have grown by 5000% in 12 months.
by Rachel McIntosh
News

China’s 500.com Expands Crypto Presence with the Acquisition of BTC.com

  • The company has entered into a shares exchange agreement with Blockchain Alliance Technologies.
by Bilal Jafar
Thought Leaders

Why Tesla's $1.5B in Bitcoin Isn't Huge for Only Crypto

  • This acquisition intends to provide the company with the necessary liquidity to start accepting Bitcoin payments.
by Finance Magnates Staff
News

Galaxy Digital to Offer Financial Services to Bitcoin Miners

  • The company also established its own Bitcoin mining facilities.
by Arnab Shome
News

Iran Launches Crackdown on Cryptocurrency Mining

  • The country has closed more than 1,600 unauthorized cryptocurrency mining farms.
by Bilal Jafar
News

China’s Cryptocurrency Mining Dominance in Danger

  • Crypto mining companies are leaving China for Nordic countries to take advantage of a plunge in electricity prices.
by Bilal Jafar
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