Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’ – Mining Bitcoin News

The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that …

Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’ – Mining Bitcoin News Read More »

BTC Mining Devices ‘Out of Stock’ Worldwide- 6 Chinese Mining Rig Makers Dominate the ASIC Industry in 2021 – Mining Bitcoin News

While bitcoin prices have slid in value and the high network difficulty, the leading crypto asset is still quite profitable to mine according to current …

BTC Mining Devices ‘Out of Stock’ Worldwide- 6 Chinese Mining Rig Makers Dominate the ASIC Industry in 2021 – Mining Bitcoin News Read More »

Canaan to Sell $93 Million in Next-Generation Bitcoin Miners to Genesis Digital Assets – Mining Bitcoin News

The ASIC bitcoin mining rig manufacturer and chipmaker, Canaan has announced the company has signed a $93.63 million purchase order with the mining firm Genesis …

Canaan to Sell $93 Million in Next-Generation Bitcoin Miners to Genesis Digital Assets – Mining Bitcoin News Read More »

Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11% – Mining Bitcoin News

On April 21, the bitcoin mining rig manufacturer Canaan announced the firm will be supplying 11,760 next-generation A1246 ASIC Avalonminers to a company called Mawson …

Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11% – Mining Bitcoin News Read More »

Marathon Settles Record-Breaking ASIC Acquisition, Buys 70,000 High Performance Bitcoin Miners | Mining Bitcoin News

On December 28, the publicly listed firm Marathon Patent Group announced the purchase of 70,000 Antminer S19 bitcoin miners from Bitmain for $170 million. Marathon …

Marathon Settles Record-Breaking ASIC Acquisition, Buys 70,000 High Performance Bitcoin Miners | Mining Bitcoin News Read More »

Bitcoin’s Rise Causes Shortage of Mining Rigs, Most Units Sold Out, Miners Concerned About Supply | Mining Bitcoin News

While the bitcoin economy has swelled in value, the overall network hashrate has gradually climbed higher as miners are making a lot of money confirming …

Bitcoin’s Rise Causes Shortage of Mining Rigs, Most Units Sold Out, Miners Concerned About Supply | Mining Bitcoin News Read More »

S9 Resurrection: Higher Bitcoin Prices Allow Miners to Switch Outdated Mining Rigs Back On | Mining Bitcoin News

With bitcoin prices hovering over a certain handle, a great number of old ASIC mining rigs manufactured years ago are starting to become profitable again. …

S9 Resurrection: Higher Bitcoin Prices Allow Miners to Switch Outdated Mining Rigs Back On | Mining Bitcoin News Read More »

45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving | Bitcoin News

On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. …

45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving | Bitcoin News Read More »

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