Mining

BitcoinMining

Bitmain Stands Behind Bitcoin Classic, Declares “Bitmain Warranty is not Bitmain”

In response to a group of bitcoin mining and exchange companies publicly rejecting the Bitcoin Classic hardfork, Chinese mining company Bitmain appears to be standing firmly behind its intention to test Classic. The group against the software hardfork, calling itself Bitcoin Roundtable, declared in an open letter their rejection of any...
Mining

Bitminer Offering Mining Services and Guarantees 99.9% Up-Time

Bitminer.eu is a bitcoin miner platform which enables users to mine bitcoin quickly and securely. Launched in November 2015, it has now gained almost 5000 users. Bitminer.eu offer advanced statistics and guarantees a stable hash rate and immediate mining pay-outs. Amongst the features of Bitminer.eu are an internal trading market...
BitcoinMining

Bitcoin Group Announce IPO Total of Almost $6 Million

On the 25th January 2016, the Australian mining Company, Bitcoin Group’s IPO Offer and ASX Bookbuild closed after many months of delays and setbacks and Bitcoin Group has now revealed that it raised a total of $5,927,168.40. In 2015, the Australian Securities and Investment Commissions (ASIC) required Bitcoin Group to...
BitcoinMining

Bitcoin Group’s Australian Share Offering Closes 25 Jan

After months of difficulties with the Australian Stock Exchange (ASX) regulating agency and multiple application delays, Bitcoin Group's initial share offering on ASX seems set in stone as the offering closes at the end of business on Monday, January 25, 2016. Investors wanting to buy shares in the Australia-based bitcoin...
EthereumMining

Genesis Begins Offering Ethereum Cloud Mining

Genesis Mining recently announced that it started offering mining of the Ethereum protocol's proprietary currency, Ether. Ethereum is an alternative cryptocurrency protocol developed by Vitalik Buterin, that many industry observers have called Bitcoin 2.0. The initial sale of Ethereum coins raised over $15 million and today has a total market...
Mining

BitFury Group Announce 16nm ASIC Chip Going Into Mass Production

BitFury Group, the prominent bitcoin blockchain infrastructure provider and transaction processing company, has announced its new chip, the 16nm Application Specific Integrated Circuit (ASIC) Chip, is going into mass-production and promises to bring significantly increased efficiency for the bitcoin network. This new Chip is reported as being four times as...
BitcoinMining

BitFury Plans 3rd Mega Data Center in Georgia

BitFury Group, a leading bitcoin mining company with operations in the Republic of Georgia, will open its third mega data center next week. The new data center will have a capacity of 40 MW of electricity to process transactions using BitFury’s latest generation 28 nm and 16 nm ASIC chips....
BitcoinMining

SEC Charges Fraudulent Bitcoin Miners – GAW and ZenMiner

Homero Joshua Garza has been charged by the Securities and Exchange Commission with committing fraud through his Connecticut-based companies, GAW Miners and ZenMiner, by undertaking a Ponzi scheme to pay returns to investors from new capital from new investors. Garza offered investors shares in the company, which was supposed to...
BitcoinMining

Bitcoin Group Reissues IPO Prospectus, 3rd Time

Australian bitcoin miner, Bitcoin Group, has once again reissued its prospectus in its attempt to list on the Australian stock exchange. This is the third issuance of the company's prospectus as it attempts to respond to issues raised by the Australian stock exchange authority, ASIC. The agency insisted on an...
BitcoinMiningPayment

The 21 Bitcoin Computer Begins Shipping from Amazon

Amazon yesterday began shipping 21 Inc's mini bitcoin miner, the 21 Bitcoin Computer. The device achieved Amazon bestseller in the electronics category, after pre-ordering began in September. 21 Inc is positioning the $400 computer as a platform that mines a small but constant stream of bitcoins to purchase digital goods through micro-payments....
BitcoinMining

BTCS Discusses Q3 2014 Financials, Merger with Spondoolies

Blockchain technology business BTCS recently announced a number of developments to their shareholders for the third quarter of 2015. Leading the announcements was the news that, last month, BTCS signed a definitive merger agreement with Israeli bitcoin mining hardware manufacturer, Spondoolies-Tech Ltd. Spondoolies, who had a revenue of over $28...
BitcoinMining

BTCS Rolls Out Blockchain Analysis Toolset

BTCS Inc, formerly know a the Bitcoin Shop, today released a beta suite of interactive tools to improve the public's understanding of bitcoin mining and the variety of factors that can impact market and business conditions. The BTCS toolset includes a transaction verification server simulator and calculator, as well as various blockchain network tools....
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