mining

Bitcoin Mining Leaving China for the USA

Bitcoin Mining Leaving China for the USA 1024 500 Crypto Rand Group

Bitcoin mining refers to the activity of validating transactions and creating new Bitcoins. Due to the boom in the Bitcoin price, mining has become a very lucrative and successful business.…

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Miners

Miners are Cumulating $20 Billion of Revenues

Miners are Cumulating $20 Billion of Revenues 1024 500 Crypto Rand Group

The total revenue of the Bitcoin miners now reaches 20 billion dollars. This figure has doubled in the space of two years. It represents more than the mining turnover during…

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Bitcoin Billionaire

He Mined 55.000 Bitcoins but Isn’t a Billionaire

He Mined 55.000 Bitcoins but Isn’t a Billionaire 1024 500 Crypto Rand Group

The stories of early adoption of Bitcoin don’t always end as well as those of the Taihuttu family or the Japanese restaurant owner we have seen in recent weeks. In…

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Miners Revenues

Miners Revenues are Skyrocketing

Miners Revenues are Skyrocketing 1024 500 Crypto Rand Group

The activity on the Bitcoin blockchain and the rise in the price of cryptomoney is making the mining industry happy. In October, miners generated $353 million in revenue. And in…

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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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