Mining
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Bitcoin
Nvidia Faces Class Action Lawsuit Over Losses After Diminished Mining GPU Demand
[ad_1] Graphics processing unit (GPU) producer Nvidia is facing a class action lawsuit over the losses reported by the company…
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Antminer
Chinese Media Reports Jihan Wu, Jenke Group to Soon Resign as Bitmain CEOs
[ad_1] Jihan Wu and the Jenke Group will be reportedly soon retire as CEOs of leading mining ASIC producer Bitmain.…
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Bitcoin
Altcoin Bitcoin Private Confirms Additional 2 Million Coins Secretly Premined
[ad_1] The development team behind altcoin Bitcoin Private (BTCP) has confirmed the creation of 2.04 million units of BTCP “that…
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Blockchain
Following Crypto Mining Crash, GPU Producer Nvidia Worst Performer in S&P 500
[ad_1] The drastic decrease in crypto mining profitability has hit graphics processing unit (GPU) producers like Taiwan-based Nvidia hard. In…
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AMD
Popular Crypto Mining GPU Price Down 67% Since February
[ad_1] AMD’s popular Radeon RX580 graphics processing unit (GPU), which has been widely used by crypto miners, is now being…
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Bitcoin
Hong Kong Stock Exchange Calls Alleged Bitmain IPO Hesitation ‘Rumors’
[ad_1] A Hong Kong Stock Exchange (HKEX) spokesperson has called Bitmain’s alleged hesitation around a purported initial public offering (IPO)…
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Adoption
New ASUS Partnership Allows Users to Mine Crypto With Idle GPU Power
[ad_1] Taiwan-based tech giant ASUS has partnered with GPU mining platform Quantumcloud to allow users to mine crypto via their…
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Altcoin
Zug Court Shuts Down Swiss Off-Grid Mining Firm Envion AG
[ad_1] The cantonal court of Zug, Switzerland has shut down cryptocurrency mining firm Envion AG for an alleged unauthorized Initial…
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Bitcoin
Norway Withdraws Electricity Subsidies From Bitcoin Mining Farms
[ad_1] Norway has acting to end electricity subsidies for Bitcoin (BTC) mining facilities, Norway’s largest printed newspaper Aftenposten reported Nov.…
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Bitcoin
Crypto Miners Sell off Mining Devices ‘by Kilo’ Amidst Market Decline
[ad_1] Cryptocurrency mining operations in China are reportedly selling mining machines by weight, as opposed to price per unit. This…
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