Wednesday, November 30

Tag: mining

Empire Miners- The Best and the Most affordable CryptoCurrency Miners You can Find
Blockchain, Press Release

Empire Miners- The Best and the Most affordable CryptoCurrency Miners You can Find

Cryptocurrency mining, often known as crypto mining, is the process of validating transactions on a blockchain utilising computers with massive computational capacity. Cryptocurrency mining is something that any individual or organisation with enough hardware and software resources could previously perform, but as the field of mining expands and costs rise, it becomes increasingly difficult for beginners. But worry not, because the Empire Miners is here to help you out. You can purchase profitable cryptocurrencies miners from their online store that sells the newest and the greatest bitcoin mining equipment. In other words, if you're seeking high-quality, dependable coin mining hardware and want to get rich, go no further! Varieties of miners at Empire Miners It is critical to have d...
ASIC Kings – Purchase the Most Productive Bitcoin Mining Equipment
Blockchain, Press Release

ASIC Kings – Purchase the Most Productive Bitcoin Mining Equipment

Asic Kings concentrate on trading mining equipment, especially ASIC Miners. The values of each miner's need might vary when considering GPU quality and power. Hence, the ASIC kings bring in a diverse range of efficient and outperforming bitcoin mining hardware. As specialists in Bitcoin and other cryptographic forms of money mining, the organization esteem excellent administrations and mining merchandise. Reliable mining equipment is significant while handling bitcoin mining operations. In ASIC Kings enormous and diverse coin diggers web-shop, everyone can discover anything from Kadena mining equipment to Doge mining equipment. Apart from this, the team is always on its toes to assist the customers with tracking down the best items. In short, it is easy to explore machines for any re...
Bitcoin miners are facing a “The Purge”-like event
PR Wire

Bitcoin miners are facing a “The Purge”-like event

With the Bitcoin halving behind us, we are now starting to see the first effects of the reduced mining rewards on Bitcoin miners. According to Glassnode, a blockchain data and intelligence provider miners have stopped selling their generated Bitcoin. In fact, miner outflow is at it’s lowest level ever. Disclaimer: This article is not financial advice. The views represented by the author are his own and crypto-news.net is not responsible for any losses (or gains) as a result of the information shared in this article. Chart showing the sale of Bitcoin from miners compared to historical average. Source: Glassnode This is pretty good news for the rest of the Bitcoin community. Weak hands in both trading and mining are setup to get eliminated. Miners that are struggling to k...
Bitcoin Miner Manufacturer Canaan reports $148M USD Losses in its first public earnings report
PR Wire

Bitcoin Miner Manufacturer Canaan reports $148M USD Losses in its first public earnings report

Canaan Creative, the manufacturers of the Avalon Bitcoin miner series have published their first earnings report since the company’s public stocks sale in the USA, on Thursday, April 9th, as initially reported by Coindesk. During it’s IPO in November 2019, the company raised $90M USD selling 10,000,000 stocks for $9 each. Now investors have lost 61% of their investment at the current price per stock. Nangeng Zhang, the CEO and founder of Canaan explained that sales of Bitcoin miners considerably dropped since December and he believes the reason is the volatility in BTC’s price. However, at the time BTC’s price movements were small and brief, painting a generally flat and upward curve going into the next year. The company’s revenue in 2019 is down two-fold compared to 20...
Top 3 Bitcoin mining news stories today
PR Wire

Top 3 Bitcoin mining news stories today

Image by 3D Animation Production Company from Pixabay We don’t often break news, as compared to the rest of the news community we are a small website. However, we do our best to provide you with the latest news, regardless of where the information comes from. We believe in giving credit where it’s due, so without further delay, here are the top 3 news stories about Bitcoin mining in the past week. It seems that Bitcoin miners were celebrating the international workers’ day with extra effort on part of the miners. In this lucky coincidence, Bitcoin miners managed to complete sixteen Bitcoin blocks in one hour, according to Coindesk and their source Blockstream. The onset of this industrious hour was noticed by Twitter user @Kexkey, where he spotted four blocks being com...