China’s Bitcoin Mining Rig Manufacturers Pressed by Demand, Advance Orders, Devices Sold Out – Mining Bitcoin News

A regional report from China indicates that bitcoin mining rig manufacturers have seen a massive surge in demand since the price of the leading crypto asset skyrocketed. Companies such as Canaan Creative have placed significantly sized mining rig orders while other companies like Bitmain are completely sold out. Bitcoin Mining Rig Manufacturers Experience a Device Demand Boom Bitcoin (BTC) prices in February have spiked considerably in value and this has fueled the BTC mining sector a great deal. On Friday, the Bitcoin network hashrate is hovering above the 150 exahash…

Belarusian government explores potential move into crypto mining

The Belarus state is studying the cryptocurrency industry for a potential move into mining digital coins like Bitcoin (BTC). The Ministry of Energy of the Republic of Belarus officially announced Friday that it is actively exploring the pros and cons of cryptocurrency mining. Minister Viktor Karankevich said that the crypto mining industry is rapidly growing all over the world in countries like China, the United States, Canada and Russia. The minister went on to say that the government is considering tapping into the mining industry following an investigation of the…

Belarusian government explores potential move into crypto mining

The Belarus state is studying the cryptocurrency industry for a potential move into mining digital coins like Bitcoin (BTC). The Ministry of Energy of the Republic of Belarus officially announced Friday that it is actively exploring the pros and cons of cryptocurrency mining. Minister Viktor Karankevich said that the crypto mining industry is rapidly growing all over the world in countries like China, the United States, Canada and Russia. The minister went on to say that the government is considering tapping into the mining industry following an investigation of the…

SRG Global Mining Services

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io SRG Global’s Mining team provides specialist mining services, bringing our full resources to daily mining challenges. Working in the gold, iron ore and precious metals mining sectors across Australia, SRG Global brings a uniquely adaptive approach to drilling and blasting, driven by our engineering heritage. SRG Global can also offer an integrated range of complementary technical services to significantly improve safety and productivity on a mine site. View our latest footage showcasing our drill, blast & explosives supply capabilities and specialist Geotech…

South Korean PC Gaming Rooms Rely on Crypto Mining to Profit During the Coronavirus Pandemic – Mining Bitcoin News

The coronavirus pandemic has significantly hit several entertainment routines of the people worldwide, and South Korea is not an exception. PC gaming rooms had to shut down in the country, but their owners found a way to make profits during the lockdown by participating in crypto mining. A PC Bang Owner Made Over $3,000 Worth of Ethereum in Two Weeks According to Chosun, operators of the “PC bangs,” a common term used for the PC gaming rooms in South Korea, leverages their computers to take advantage of the pandemic-driven restrictions.…

Will BITCOIN Collapse At The 21 Million Limit?? 😰

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ETH mining still highly profitable despite upcoming Eth2 upgrade

Ethereum miners continue to enjoy lucrative payouts for their efforts in 2021, while the smart contract blockchain platform edges closer to a move away from its proof-of-work consensus. The past few months have been phenomenal for much of the cryptocurrency space, as the likes of Bitcoin (BTC), Ether (ETH) and various other coins have seen monumental gains in value. The increased volume of transactions and users have also directly benefited the cryptocurrency mining ecosystem. Ethereum miners in particular have banked serious profits due to the success of decentralized finance projects…

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Generation Mining (GENM) – Palladium & Copper Giant in the Making

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Interview with Kerry Knoll, Exec. Chairman of Generation Mining (TSX:GENM) If you want our take on this interview and Generation Mining, go to Generation Mining is developing the Marathon Palladium project in Northwestern Ontario. After the release of a very robust Preliminary Economic Assessment in January 2020, the Company has begun a Feasibility Study which is expected to be completed in early 2021. Marathon is the largest undeveloped palladium project in North America. Most palladium demand is for autocatalysts in cars, which…

Bitcoin Mining Firm Northern Data AG Plans for a $500 Million IPO – Mining Bitcoin News

While the public prepares for the upcoming Coinbase public offering, the mining firm Northern Data AG is reportedly planning to go public as well. Sources say that the mining business is in talks with Credit Suisse Group to launch an initial public offering (IPO) in the United States. Report: Sources Say Northern Data AG IPO for $500 Million Is in the Works Recent reports say that Northern Data AG, the mining operation that mines bitcoin (BTC), is planning to IPO in the near future. Bloomberg reveals that “sources familiar with…