US miner orders 50,000 Avalon A15 Pro machines from Canaan, inventory skyrockets
Canaan Inc. has secured a purchase order for more than 50,000 new Avalon A15 Pro mining machines from a US-based…
2 Min Read
Russia claims to be missing out on up to $120 million a year in tax revenue from cryptocurrency mining.
Russia's state budget is losing huge amounts of money in uncollected taxes from illegal cryptocurrency mining operations in the country.…
4 Min Read
Bitdeer quadruples mining capacity and aims to become one of the top 5 miners
BitDeer Technologies Group, the Nasdaq-listed cryptocurrency mining company founded by industry veteran Jihan Wu, is pivoting from a hardware supplier…
4 Min Read
Bitcoin mining cycle enters reset phase after record difficulty spike
Over the past two weeks, Bitcoin's hashrate has fallen by nearly 100 exahashes per second (EH/s), indicating a slowdown in…
4 Min Read