mining

Core Scientific Mining

Core Scientific Ordered 17,000 New Bitcoin Mining ASICs

Core Scientific Ordered 17,000 New Bitcoin Mining ASICs 1024 500 Crypto Rand Group

Core Scientific, a US company specializing in blockchain and cryptocurrency mining, announced the purchase of 17,595 Antminer S19s from Chinese manufacturer Bitmain. According to a press release, this investment will…

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Bitcoin Futures

We Can Now Trade Bitcoin Hashrate Futures

We Can Now Trade Bitcoin Hashrate Futures 848 424 Crypto Rand Group

Bitcoin holders now have a new tool to leverage the largest cryptocurrency’s growing ecosystem as two new futures markets go live.  In a blog post on May 15, derivatives platform…

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Cambridge mining

Cambridge University Tool to Track Global Mining Power is Here

Cambridge University Tool to Track Global Mining Power is Here 1024 500 Crypto Rand Group

A team affiliated with the University of Cambridge has released a new bitcoin data tool showing the countries with the highest concentration of mining activity. The Cambridge Centre for Alternative…

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nuclear miners

European Miners Running on Nuclear Power

European Miners Running on Nuclear Power 1024 500 Crypto Rand Group

Ukraine’s plan to offset the financial chaos of the coronavirus pandemic might involve cryptocurrency miners and nuclear power says its energy ministry. Yesterday, the country’s Ministry of Energy and Environmental…

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Iran's mining farm

6000 Rigs For This Iran’s Newly Licenced Mining Farm

6000 Rigs For This Iran’s Newly Licenced Mining Farm 864 486 Crypto Rand Group

Iran’s Ministry of Industry, Mine and Trade granted a license for cryptocurrency mining company iMiner to operate in the country with a 6,000 rigs mining farm. iMiner’s setup would purportedly…

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electricity mining

Producing Too Much Electricity, This City Encourages Mining

Producing Too Much Electricity, This City Encourages Mining 1024 500 Crypto Rand Group

A Chinese city in the world’s bitcoin mining hub is publicly encouraging the blockchain industry to help consume excessive hydro electricity ahead of the summer rainy season. Ya’an, one of…

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Bitcoin New York

$50,000 in Bitcoin Mined Every Day in New York

$50,000 in Bitcoin Mined Every Day in New York 1024 500 Crypto Rand Group

A New York power plant turns to Bitcoin mining in a successful bid to increase profitability. Bloomberg reported on Mar. 5 that a power plant in New York’s Finger Lakes…

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power grid

Georgia: Bitcoin mining is sucking the country’s power grid dry

Georgia: Bitcoin mining is sucking the country’s power grid dry 1024 500 Crypto Rand Group

Georgia is reportedly having its power grid sucked dry from Bitcoin mining. But it doesn’t matter because the country has reserves of hydroelectric power. According to BBC Sounds podcast, Business…

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$2 million

Bitmain filing a $3 million IPO with Deutch Bank as a sponsor

Bitmain filing a $3 million IPO with Deutch Bank as a sponsor 1024 500 Crypto Rand Group

Bitmain Technologies, the cryptocurrency miner manufacturing giant, is said to have secretly filed an initial public offering (IPO) application in the U.S. with the Securities and Exchange Commission (SEC) to…

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bitcoin mining

Chinese bitcoin mining company filing for a $400 million Nasdaq IPO

Chinese bitcoin mining company filing for a $400 million Nasdaq IPO 1024 500 Crypto Rand Group

One of China’s biggest bitcoin mining hardware makers, Canaan Creative, made its third attempt to file to publicly list on a stock exchange, to raise $400 million. After attempting it…

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