Category Archives: Mining

Chinese Bitcoin Mining Giant Files For $200 Million US IPO

The Chinese maker of Bitcoin mining hardware Canaan Creative is allegedly seeking to go public in the U.S. Per a report which appeared on a Chinese social media platform, Canaan has already filed the application documents with the Securities and Exchange Commission. The cryptocurrency mining rigs maker is seeking to raise approximately $200 million from the IPO. Continue reading Chinese Bitcoin Mining Giant Files For $200 Million US IPO

China’s Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally

Besides fat-fingered whales, the other species HODLers should learn to fear are large-scale Bitcoin miners whose electricity cost is zero. The reason? Their break-even point is low enough to depress the fair market value of the Bitcoin price, dashing the asset’s seven-figure ambitions. Continue reading China’s Illegal Crypto Mining Crackdown Could Ignite a Bitcoin Price Rally

Research Warns ‘Familiar’ Monero Mining Malware Is Infecting Windows Systems

A new hacking tool is propagating throughout the online community in an attempt to install cryptocurrency mining malware, researchers at security intelligence firm Trend Micro confirmed in a blog post on Feb. 20. Continue reading Research Warns ‘Familiar’ Monero Mining Malware Is Infecting Windows Systems