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Mining
Bitcoin Mining Giant Holds Flash Sale to Celebrate Price 'Bottom'
Bitcoin miner maker Canaan Creative has revealed it is temporarily cutting prices to "celebrate" bitcoin's recent price rise.

Bitmain Faces $5 Million Lawsuit Over Alleged Unauthorized Crypto Mining
Cryptocurrency mining giant Bitmain is facing a class action lawsuit for over $5 million that alleges unauthorized crypto mining by the firm.

600K Bitcoin Miners Shut Down in Last 2 Weeks, F2Pool Founder Estimates
Between 600,000 and 800,000 bitcoin miners have shut down since mid-November amid declines in price and hashrate across the network, F2pool's founder estimates.

Giga Watt Drastically Revises Assets in Updated Bankruptcy Filing
Bankrupt U.S.-based bitcoin mining firm Giga Watt just hiked the value of its assets in a revised court filing.

Norway Ends Power Tax Subsidy for Bitcoin Miners
The Norwegian government has scrapped a subsidy on electricity tax for cryptocurrency miners in its state budget, a report says.

Bitcoin Mining Firm Giga Watt Declares Bankruptcy Owing Millions
U.S.-based bitcoin mining firm Giga Watt has declared bankruptcy with millions still owed to creditors.

Bitfury Adds Former SEC Commissioner to Advisory Board
Former SEC Commissioner Annette Nazareth is joining the advisory board of crypto mining firm Bitfury.

Coinbase CTO: Time May Be Right for Home Crypto Mining
Mining innovator Balaji Srinivasan pivoted away from that business in 2017, but now believes the time is right for a home miner.

Bitmain Denies Reports CEO Jihan Wu Ousted from Bitcoin Miner's Board
Mining giant Bitmain says CEO Jihan Wu still serves on its board, despite media reports to the contrary.

Bitcoin Miner Canaan's IPO Likely Delayed After Hong Kong Filing Expires
Canaan Creative's IPO may be in doubt as the bitcoin mining firm's filing with the Hong Kong Stock Exchange has now lapsed.
