Tag Archives: Bitmain

Why you should Consider Investing in Mining Hardware Producers

Investors have a saying: “During the gold rush, don’t invest in gold, invest in shovels.” Mining hardware is for Bitcoin & Co. what shovels are for gold. There is no way around efficient mining hardware whether it comes to the security of a cryptocurrency or its transaction rate. So if you believe that cryptocurrency is […]

Roundup 26/09/2018 – Google allows crypto ads, Squire Mining partners with Samsung

Google will allow ads on cryptocurrencies again – in US and Japan Google has updated its policies on cryptocurrency and blockchain related ads. As a consequence of this, the tech giant will lift the ban on advertisements featuring these technologies. However, the lift only accounts for the United States and Japan. The official statement says […]

The first “hash war” in Bitcoin has started

The major fork in August 2017 that led to the fork of BCH from BTC led to a division that favored BTC with a big majority regarding the hash power. However, there was no real “hash war” between Bitcoin and Bitcoin Cash. The hash power was indecisive in this forking process as the separation was […]

Chinese Firms That Make Bitcoin Mining Rigs Are Seeking Hong Kong IPOs

Media reports indicate that the three largest firms in the world for making Bitcoin mining equipment are seeking to raise billions of dollars at IPOs in Hong Kong. Manufacturers of mining chips have been grappling with decreasing demand for their products as the Bitcoin price continues to elicit mixed reactions in the market. However, this […]

Daily Roundup: 7th August 2018 – Most crypto crimes in the USA, Mining in Texas & more than 3500 Bitcoin ATMs

Most crypto crimes originate in the US According to Group-IB, a Russian cybersecurity company. The USA are the country from which the most cyber crimes in the crypto space originate. The data gathered by Group-IB indicates that more than half of all cyber crimes originate in the US. The second highest rate has the Netherlands with 21,5%. […]

Daily Roundup 18th July – Pump & Dump in the markets? Paxful reaches out to Venezuelan Unbanked, Bitmain triples its staff & more

Breakout – short squeeze or pump and dump? The markets gained a strong push yesterday after sitting more than a week at the resistance level of about $6000 USD.  The break out surprised many traders. It is likely that shorters tried to even out their positions by buying Bitcoin etc. which is called a short squeeze. […]

Daily Roundup 17th July 2018 – Return of the bull, Bitmain in Silicon Valley, Iran’s Crypto Move & more

Green candles everywhere! Bitcoin is strongly above the $7000 USD-Level. The market is close to breaching $300 billion USD in total market capitalization. Bitcoin tested the resistance at around $6000 USD now three times in 6 months. To be above this resistance level now for the third time is a strong bullish signal. Chinese Mining […]

‘Cobra Bitcoin’ Attacks Bitmain Over the Control of BTC Hashrate

In the past few weeks, an anonymous Twitter account and Bitcoin.org co-owner,’Cobra Bitcoin‘ have been sending controversial messages. The messages have been revolving around the ownership and control of BTC hashrate. This week, Cobra Bitcoin has claimed that one person controls over 51 percent of the BTC network. ‘Cobra Bitcoin’ Alleges Bitmain Manages 80 Percent […]

Bitmain Technologies Ltd. Considers IPO

Bitcoin’s co-founder Jihan Wu has told Bloomberg that Bitmain Technologies Ltd. is contemplating an initial public offer to raise more funds for development. The Beijing-based Bitcoin miner and mining cheap designer will consider Hong Kong market or any other abroad market that trades in US dollar. The US$8.8 Billion Company Bitmain has developed a chip […]