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Mining News

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Bitcoin Mining No Longer Profitable for Some as Bitcoin Price Hits...

Bitcoin miners learned the hard way that Bitcoin mining is still a Wild West after Bitcoin’s price tanked to a new 13-month low last...

Why Coinbase-backed Startup Coinmine’s New Mining Rig May Not Be a...

Despite the current low prices of cryptos, a new cryptocurrency mining device has just been launched by Coinmine, a startup that is backed by...

Nvidia Shares Fall 19% After Company Reveals Q4 Revenue Might Fall...

Even without directly investing in cryptocurrencies, Nvidia was one of the biggest winners in 2017’s crypto boom. With last year’s soaring prices of digital...

Financial Report: Canadian Bitcoin Mining Firm Posts Record $13 Million in...

A Canadian Bitcoin mining firm, Hut 8 has reported record revenue of CAD17.7 million ($13.4 million) in Q3, according to its quarterly financial report...

Crypto Markets Will Grow at CAGR of 6.18 Percent Till 2024,...

The cryptocurrency market will experience steady growth between 2019 and 2024, according to a new report from ReportBuyer. The firm suggests that the combined annual...

Have Ethereum Miners Been Losing Money Since August?

Ethereum miners may not be having a good time. Though the price of the Ether coin has stabilized at around $200 and it continues...

Bitfury Mining Company Planning an IPO, and a Potential $3 Billion...

Bloomberg reported on Oct. 25th that Bitfury, one of the largest cryptocurrency mining companies in Europe is considering to go public and if it does...

New York’s Plattsburg Pushing for Crypto Mining Regulations

Access to cheap electricity and a relatively cooler climate makes a city or county a more preferred location for cryptocurrency miners. The power-heavy industry...

CoinGeek’s Public Mining Pool Opens for Bitcoin Miners

SVPool, the public mining pool for miners on the Bitcoin BCH network, announced that it has opened for business on Monday, Oct. 22. The...

Ephrata City Council Bans Crypto Mining Activities for One Year

Grant County cities do not intend to allow crypto mining activities in their region. The latest city in the region to ban cryptocurrency mining...
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