Canada: Bitcoin Miner Hut 8 Becomes 'Largest' by Capacity After Second Site Opening

Toronto-based Bitcoin mining company Hut 8 has announced the completion of its second mining facility in Canada on July 16, claiming to have become the world's "largest publicly-traded" operator by capacity. In a press release, Hut 8 revealed its Medicine Hat farm had been completed ahead
Thu, 19 Jul 2018 11:08:25

"Astoundingly stupid" Kodak (not really) Bitcoin miner bites the dust

In the aisles full of head-scratching products being shown off at the massive Consumer Electronics Show (CES) in January, this "magic money-making machine" - that was supposed to be a bitcoin-mining computer - earned the dubious honor of being dubbed the WTF of the day: Here's a photo of Kodak's magic
Wed, 18 Jul 2018 10:41:26

Bitcoin Miner Scam from Kodak Licensee Shut Down by SEC

A Bitcoin miner project operating under the Kodak brand has collapsed. The company behind the scheme has said that it has been stopped from proceeding any further by the SEC. Unrealistic Promises and Incorrect Math In January, a Bitcoin mining computer called the Kodak KashMiner was unveiled at the
Wed, 18 Jul 2018 04:00:47

Kodak has quietly canceled its stupid (and very expensive) Bitcoin miner

The Kodak-branded Bitcoin miner, KashMiner, is officially dead - which is great because it never made sense in the first place. It was to be a machine that you could "hire" - after paying an up-front fee of close to $3,500. It would then "quietly" sit there mining Bitcoin. BTC The whole scheme was
Tue, 17 Jul 2018 09:09:11

Results Are In: New Bitcoin Miner Dragonmint T1 Doesn't Make the S9 Obsolete

There's been a lot of skepticism aimed at the company Halong Mining and its machine the Dragonmint T1. The firm announced in November of 2017 that it would be distributing its Dragonmint devices in 2018 and stated its miners would be the most efficient machines on the market. So far, after all the controversy,
Sat, 14 Apr 2018 21:03:48

Samsung Produces ASIC Chips For New Halong Bitcoin Miner

Crypto mining distributor MyRig recently revealed that electronics giant Samsung supplies the ASIC chips for Bitcoin (BTC) miners made by Halong Mining, according to a tweet from MyRig April 10. On Tuesday, MyRig tweeted an image of a company representative holding a plate of semiconductor material used in the production of integrated
Thu, 12 Apr 2018 22:11:27

Chinese Bitcoin Miner Eyes IPO, Prefers to List Outside Mainland

China's Canaan Creative, one of the world's largest crypto-currency mining equipment makers, said it was considering an IPO outside the mainland, although it did not provide details on a possible time frame or how much the company expects to raise. Hangzhou-based Canaan has seen a surge in demand for its mining machines amid a
Fri, 6 Apr 2018 11:57:00

Bitcoin Miner Amit Bhardwaj Arrested at Delhi Airport, Allegedly Swindled Rs2000 Crore Through Ponzi Schemes

Image used for representational purpose only. Amit Bhardwaj, who allegedly duped investors of some Rs2000 crore through Bitcoin related Ponzi schemes, has been arrested at Delhi Airport by the Pune Police. Earlier the Maharashtra government asked Enforcement Directorate to probe the alleged Ponzi schemes which was run through the GainBitcoin
Thu, 5 Apr 2018 13:12:11

Story of a techie turned a rich bitcoin miner and eventually a 'fugitive'!

THE HANS INDIA | Apr 02,2018 , 03:38 PM IST Here is the son of an ex government employee from Shalimar Bagh of Delhi, who currently owns a house in Dubai's Burj Khalifa, one of the tallest building in the world. However, this is not one of the magnificent stories of a
Mon, 2 Apr 2018 10:08:00

A former Infosys engineer became a rich bitcoin miner & ultimately 'fugitive'

Amit Bhardwaj is alleged to have fled to Dubai after conning scores out of an estimated Rs 2,000 crore through a Ponzi scheme based on bitcoins. New Delhi: He is the son of a former government employee from Shalimar Bagh who now owns a house in Dubai's ultra-upmarket Burj Khalifa. But this
Mon, 2 Apr 2018 03:59:12

Intel mulling Bitcoin miner tech as gaming brands back off

A Bitcoin mining hardware accelerator was revealed in a patent this week, showing Intel's hand ahead of any product unveil. Over the past year, several major gaming-focused hardware manufacturers went both in and out of love with the fact that their gear was flying off shelves. Graphics processor makers
Fri, 30 Mar 2018 21:29:30

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