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block reward mining

Hive Blockchain reports profits amid recent spending spree
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8 December, 2020

Hive Blockchain reports profits amid recent spending spree

Hive reported revenue of $13 million during its fiscal second quarter, up 8.2% from the same period a year ago,...
BTC miners in Yunnan province lose power: reports
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6 December, 2020

BTC miners in Yunnan province lose power: reports

Baoshan authorities have reportedly ordered electricity producers to stop supplying power to some block reward miners from the city.
BTC price surge cannot stop Canaan’s revenue from shrinking
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4 December, 2020

BTC price surge cannot stop Canaan’s revenue from shrinking

The NASDAQ listed hardware manufacturer reported a net loss of $12.7 million in Q3 despite a BTC price jump during...
Venezuelan army turns to block reward mining for money
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4 December, 2020

Venezuelan army turns to block reward mining for money

The Venezuelan army has begun block reward mining to secure funds, in a bid to stave off the effects of...
US emerging as block reward mining powerhouse
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2 December, 2020

US emerging as block reward mining powerhouse

Industry watchers have noticed that hashrate emanating from North American has been increasing, eroding the centralized collective market share that...
Russian in hospital after BTC mining operation sets apartment ablaze
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29 November, 2020

Russian in hospital after BTC mining operation sets apartment ablaze

A Russian man is nursing burn wounds after his BTC block reward mining operation caught fire and set his apartment...
China block reward miners finding it hard to pay electricity bills: report
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22 November, 2020

China block reward miners finding it hard to pay electricity bills: report

The clampdown has reportedly makes it harder for block reward miners to exchange the digital token they mine into the...
Hut 8 revenue dips in latest 2020 earnings reports
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19 November, 2020

Hut 8 revenue dips in latest 2020 earnings reports

The earnings report shows the firm generated revenue of US$4.3 million in Q3, down significantly from C$26.7 million during the...
Russia energy titan En+ Group enters digital currency mining sector
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10 November, 2020

Russia energy titan En+ Group enters digital currency mining sector

Moscow-based En+ Group announced a move into the digital currency mining space through a venture with mining farm operator BitRiver.
Layer1 mired in legal fight over Texas facility
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6 November, 2020

Layer1 mired in legal fight over Texas facility

The co-founders of Layer1 Technologies Inc. are mixing it up in court over ownership rights to one of the company's...
2 block reward miners arrested in Malaysia over $600K electricity theft
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4 September, 2020

2 block reward miners arrested in Malaysia over $600K electricity theft

Power theft in Malaysia by alleged block reward miners continues to be a big challenge for the country’s authorities.
Russia wants oversight over mining farms in new bill
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3 September, 2020

Russia wants oversight over mining farms in new bill

The Russian government will have oversight over all the country’s block reward mining farms if a recently proposed bill is...