Tag: asic miner

A New Bitcoin World

Miner Goes Bankrupt, Manufacturers Stuck With Inventory, Rigs ‘Sold By Kilo’ as Scrap

Miner Goes Bankrupt, Manufacturers Stuck With Inventory, Old Rigs Sold for ScrapsIn our latest roundup of mining-related news, we look at a few examples of the knock-on effect that the current cryptocurrency bear market is having on the global mining industry and its main hardware suppliers. Also Read: US Bank That Serves 483 Cryptocurrency Companies Is Seeking an IPO American Mining Operation Goes Bankrupt Giga Watt, a […]

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November 22, 2018 0

New York Wants a Piece of the Ever Growing Bitcoin Mining Pie

New York Wants a Piece of the Ever Growing Bitcoin Mining PieWatch out Canada! New York wants a piece of the bitcoin mining market, securing for its residents revenues and jobs that come along with the electricity intensive process. Bitcoin mining might even help revive local economies that once relied on polluting industries.  Also Read: Senate of Nigeria Launches Probe of Bitcoin Trading in the Country […]

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February 6, 2018 0