Bitfury Raises $80 Million from Korelya, Macquarie, Mike Novogratz

Blockchain technology company, Bitfury, has raised $80 million from a number of global institutional and corporate investors. Led by Korelya Capital, the private placement was joined by Macquarie Capital, Asian financial institution Dentsu Inc., European investment company Armat Group, European fund managers

Read More »

BTCC Mining Pool to Shut Down Indefinitely “Due to Business Adjustments”

BTCC, China’s oldest Bitcoin exchange, is shutting down its mining pool, which has been operating for more than four years, the company announced. The firm claims the decision to cease operations indefinitely from November 30 is due to business

Read More »

Nvidia Pulls Out of Crypto Mining Citing Low Revenue, While Bitmain Tops Their Profits

The persistent bearish mood of the crypto market where Bitcoin has slipped below the psychological price point of $8,000 has taken a toll on the stock price of Nvidia. The graphics chip manufacturing giant is considering taking cryptocurrency mining

Read More »

Students are Mining Bitcoin in University Dorms, Campuses are Alert

While Bitcoin mining — which is the backbone of many public blockchains —  is often left to the operators of data centers, some university students have begun to try their hand at running their own, in-dorm mining efforts. Bitcoin Mining In

Read More »

Crypto Startup Introduces Alternative Mining Method for Entry Level PCs

Cryptocurrency mining, while also being an integral part of many blockchain networks, has become a source of profit and business for exclusive crypto firms. The recently-founded HoneyMiner startup is attempting to make mining more accessible to a wider array

Read More »