There have been many FUD resulting in the whole cryptocurrency market downtrend. Including some China-based activities also. This time Chinese government calls for a crackdown on trading and mining cryptocurrencies. If you read my recent Bitcoin analysis articles, you know I haven’t been talking about the fundamental category. Talked about the Technical part instead. I […]
Tag: Bitcoin Mining
The9 Company is Going to Buy 2000 BTC Mining Machines
The Chinese gaming company The9 is to buy 2,000 Bitcoin mining machines worth $6.72 million in stock. The stock named NCTY company announced it agreed to buy those bitcoin mining machines from AvalonMiners. The company said in an announcement, it signed a legally binding memorandum of understanding with an unrelated bitcoin mining machine owner to […]
Ebang, the Mining Machine Manufacturer to Start BTC Self-Mining
Famous mining hardware manufacturer Ebang announced it will start mining bitcoins using its own mining hardware assembled machines. China-based Nasdaq-listed the following company is a blockchain technology firm with the strength of ASIC (application-specific integrated circuit) chip design capability. It is now a leading bitcoin mining machine producer in the global market as well. On […]
Weekly Bitcoin Mining Revenue Set a New Record
Bitcoin mining revenue for a week at a new high of $354.4 million that has surpassed the previous peak was $340 million. But How does that happen? How is it possible after block reward has been decreased to 6.25BTC in the early 2020 Bitcoin halving event? Well, first of all, let’s figure out what is […]
