Bitcoin Miner Riot Blockchain Announces Additional 1,000-Rig Purchase

Riot Blockchain announces additional 1,000 new Antminer S17-Pro mining rig purchase, bringing recent order totals to 4,000 in December. Cryptocurrency mining firm Riot Blockchain announced the purchase of an additional 1,000 next-generation Bitmain S17-Pro Antminers on  Dec.12. This completes the upgrade of its Oklahoma City mining facility, following an initial purchase of 3,000 units announced […]

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Bitmain Expands in South America as Its Market Share Drops to 66%

Bitmain, the world’s largest crypto mining hardware firm, expands its distribution in South America by partnering with two crypto mining consulting firms. Bitmain, the world’s largest cryptocurrency mining firm, is expanding its distribution in South America by partnering with two crypto mining consulting firms. The Chinese mining mogul will extend its global exposure with Fastblock, […]

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Bitcoin Halving, Explained

A guide to Bitcoin halving — a pre-scheduled event that will reduce the asset’s supply, potentially driving the price upward. Will the Bitcoin price change? Historically, the price has gone up following a halving, but it ultimately depends on the supply/demand ratio. Essentially, Bitcoin halving cuts down the supply of BTC, making the asset more […]

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Bitmain-Backed Cryptocurrency Startup Matrixport to Open Zurich Office

Bitmain-backed Matrixport will extend its trading, lending and custody services in Switzerland through its new Zurich office. Matrixport, a Singapore-based crypto startup launched by former Bitmain CEO Jihan Wu, will expand its services from Asia to Europe through its new Zurich office. Registered under the name of Chaintech in Switzerland, Matrixport will begin offering its […]

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Binance Denies Police Raid, Bitcoin Wipeout, Facebook ‘Stupid’: Hodler’s Digest, Nov. 18–24

Binance and Bithumb deny their Shanghai offices have been raided by Chinese police, and Bitcoin completely wipes out the gains from its October rally. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and […]

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