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Bitcoin News
Nasdaq-listed Marathon Digital Holdings, one of the biggest Bitcoin mining companies in North America, has announced a deal to buy an additional 30,000 mining machines from Bitmain to boost its mining capacity. Fast facts Marathon has entered into a contract with Bitmain to purchase 30,000 Antminer S19j Pros worth a total of US$120.7 million, the […]
Timmy Shen
Bitcoin News
Cryptocurrency mining rig manufacturer Canaan has announced the appointment of James Jin Cheng as its new CFO, following the resignation of his predecessor in February. Fast facts Cheng was previously vice president of Chinese internet recruiting platform Zhaopin Ltd., which listed on the New York Stock Exchange in 2014 before being taken private in 2017. […]
Ningwei Qin
Bitcoin News
The global Bitcoin hashrate is now on an uptrend as miners pushed out by China resettle on friendlier shores and resume investing big money in mining equipment.
Timmy Shen
Bitcoin News
The number of crypto users around the world grew to 221 million in June, double the number in January, according to a report released today by Hong Kong-based cryptocurrency exchange, Crypto.com. Fast facts Bitcoin drove the growth in crypto use from January to April, with companies such as Microstrategy, PayPal, Tesla and Visa buying into […]
Michelle Lim
Bitcoin News
Despite China’s crackdowns on Bitcoin mining and growing consternation about crypto mining’s carbon footprint, some miners are betting big on a rosy future.
Timmy Shen
Bitcoin News
Top blockchain and crypto news: Is Amazon taking up BTC? Robinhood’s share sale deserves scrutiny. Did Huobi jump or was it pushed?
Forkast.News
Bitcoin News
Jasmine Telecom Systems, a publicly-listed unit of Thai telecoms operator Jasmine International, is set to ride the Bitcoin mining wave, with plans to install tens of thousands of mining machines over the next few years. Fast facts JTS is kicking off plans to deploy 500 mining machines in a data center in the third quarter […]
Timmy Shen
Bitcoin News
Electric carmaker Tesla on Monday reported that it held US$1.3 billion of Bitcoin, according to the company’s Q2 2021 financial results update. Fast facts There was no change to Tesla’s Bitcoin holdings from the previous quarter, but the company took a Bitcoin-related impairment hit of US$23 million due to the fall in Bitcoin prices, according […]
Michelle Lim
Bitcoin News
Amazon is quickly putting to rest rumors the online retail giant plans to offer crypto payment services for its customers, as reported by British newspaper CityAM, which claimed to have spoken to a company insider. Fast facts To shoot down the rumors and conjecture, an Amazon spokesperson told Coindesk.com on Monday: “Notwithstanding our interest in […]
Lachlan Keller
Bitcoin News
Led by traders in Asia, Bitcoin saw its biggest one-day gain in over a month amid speculation that Amazon is getting into crypto.
Michelle Lim
