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Tag: Bitcoin mining

Peter Thiel Funded Layer1 Officially Opens Its West Texas Facility 

Layer1 Technologies, a San Francisco-based cryptocurrency mining firm, has fully begun operating in its West Texas facility. The firm, which made its plans for...

Fidelity Is Still Looking for Bitcoin Mining Engineers

The Fidelity Center for Applied Technology (FCAT) is looking to find Bitcoin Mining Engineers for a “new business opportunity.” The proposal is coming...

Mining Centralization Won’t Break Bitcoin – Independent Crypto Research

Independent crypto researcher Hasu argues that mining centralization is not really an issue for bitcoin. According to him, miners are so invested in the...

Canaan and Northern Data Join Hands to Work on AI, Blockchain and Datacenters

The world’s second-largest Bitcoin mining company Canaan recently announced a new partnership with Bitcoin mining and datacenter company Northern Data AG.What do the...

US Bitcoin Miner Aims to Repatriate 30% of Hash Rate Citing National Security

Bitcoin mining startup Layer1 Technologies has begun operations at its West Texas facility, with an ambitious roadmap to secure 30% of the hash...

Bitcoin mining giant Canaan joins forces with blockchain titan Northern Data

Northern Data AG, a Bitcoin mining and datacenter multinational, today announced its partnership with the world’s second-largest Bitcoin mining manufacturer, Canaan Inc.Though details...

US a Major Bitcoin Miner Again; How Layer1’s Launch is Bullish for BTC

The Texas Bitcoin mining facility by Layer1 has gone live for the first time today. The all-in-house US Bitcoin mining initiative is seeking...

The Rise And Fall Of A $722-Million Bitcoin Mining Scheme

The first time you see Joby Weeks work his magic, you might wonder what the hell is going on. Here he is,...

Industry bashes Ripple CEO for sharing wrong stats with CNN

The cryptocurrency industry bashes Ripple CEO Brad Garlinghouse after he recently spoke to CNN in an interview touching various different subjects. The...

Ripple CEO’s Comment on Bitcoin Mining Sparks Community Outrage – Blockonomi

As the crypto market has rebounded over the past few weeks, mainstream media coverage of the industry has increased. The trend continued recently...

Bitmain’s Market Dominance Challenged by MicroBT

Bitcoin’s mining power worldwide has been affected by manufacturing delays caused by the coronavirus outbreak in China, effectively reducing growth in the cryptocurrency’s...

3 Ways Coronavirus May Have Affected Bitcoin

Is there a correlation between bitcoins price action and the coronavirus spread?  Virus-infected yuan placed in quarantine—Bitcoin fixes this.  Bitcoin mining takes a dive following...

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