Mining


Finance

Nvidia Battles Shareholders in Lawsuit Over Crypto Miner Claims

Chip making giant Nvidia has been making its case for why a court should dismiss a lawsuit alleging it misled investors over the demand for its graphics cards from cryptocurrency miners.

(Shutterstock)

Markets

MARKETS DAILY: Casualties Ahead in the Cryptocurrency Mining Arms Race

On another down day, we're talking U.S. warnings on digital assets, a brief history of troubled but systemically important stablecoin "Tether", and a look at the arms-race in blockchain mining technology.

MD Dec 5th Wide

Finance

Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions

Great North Data, a firm that ran bitcoin mining and AI processing data centers in Canada, has filed for bankruptcy owing millions to creditors including government agencies.

Bitcoin miners

Markets

Litecoin's Mining Power Tanks to Lowest in Year Following Price Plunge

Litecoin’s price plunge in recent months has whittled away the profitability of mining the cryptocurrency, leading to a shakeout among operators.

Credit: Rawpixel

Tech

A Plan to Decentralize Bitcoin Mining Again Is Gaining Ground

New code for mining pools could fix problems associated with transaction censorship and more, say its supporters.

(Wikimedia Commons)

Finance

1 Gigawatt Bitcoin Mine Under Construction in Texas Would Dwarf Bitmain's

The $150 million bitcoin mine could become the world's largest – surpassing Bitmain's, whose own mega mining operation is in the same Texas town.

Chad Harris/Whinstone US

Markets

Ukrainian Railways Branch Caught Mining Crypto With State Power

The Lviv branch of Ukrainian Railways has been caught red-handed diverting company electricity to mine bitcoin.

Lviv Ukraine railway

Markets

WATCH: Coinmine Adds Interest Payments to Its At-Home Crypto Miners

The company now offers 6.5 percent interest on earnings held in Coinmine wallets.

Coinmine CEO Farbood Nivi

Markets

Founder of Bitmain Rival Held by Police Over Possible IP Dispute

The founder and CEO of bitcoin miner maker MicroBT is being held by police. A source says it's to assist an investigation over a business dispute.

MicroBT founder Yang Zuoxing speaking at an event hosted by Poolin in September 2019.

Markets

Bitcoin Mining Power Sees Short-Term Drop as Rainy Season Ends in China

After sustained growth over the past three months, bitcoin's mining power has dropped with a seasonal falloff in hydropower output in China.

Bitcoin mining farm (CoinDesk archives)