The Chinese bitcoin miner manufacturer Canaan is seeing huge demand for its AvalonMiner product lately and expects this to rise in 2020.
The post Canaan Expects $1 Billion-Plus from AvalonMiner Sales in 2020 appeared first on Bitcoin Magazine.
Bitmain and Canaan have launched new bitcoin mining devices, delivering higher hash rates at lower energy costs, in anticipation of the upcoming Bitcoin halving.
The post Bitmain, Canaan Launch New Miners in Preparation for the Bitcoin Halving appeared first on Bitcoin Magazine.
Bitmain and Canaan have launched new bitcoin mining devices, delivering higher hash rates at lower energy costs, in anticipation of the upcoming Bitcoin halving.
The post Bitmain, Canaan Launch New Miners in Preparation for the Bitcoin Halving appeared first on Bitcoin Magazine.
The Securities and Futures Commission of Hong Kong released guidance for crypto asset fund managers, demonstrating openness toward cryptocurrencies.
The post Hong Kong Issues Rules for Crypto Asset Managers appeared first on Bitcoin Magazine.
The Securities and Futures Commission of Hong Kong released guidance for crypto asset fund managers, demonstrating openness toward cryptocurrencies.
The post Hong Kong Issues Rules for Crypto Asset Managers appeared first on Bitcoin Magazine.
If the bitcoin price drops further, mining may become largely unprofitable. But the Bitcoin hash rate continues to trend upward.
The post F2Pool Predicts Bitcoin Mining “Shutdown Price” But Hash Rate Steady appeared first on Bitcoin Magazine.
As the Bitcoin hash rate approaches 100 EH/s, it’s important to look at the relationship between the hash rate, price, halving and security.
The post Bitcoin Hash Rate Heading to 100 EH/s: How Price, Halving and Security Are Involved appeared first on Bitcoin Magazine.
Bitcoin billionaire Zhao Dong expects the BTC price to surge in the near future, while John McAfee has predicted BTC will be worth $1 million by the end of 2020.
The post Bitcoin Billionaires Predict Price Spikes in 2020 appeared first on Bitcoin Magazine.
Bitcoin mining giant Bitmain has launched two new Antminer 17 miners to an eager market. Will the Bitcoin hash rate boom?
The post Bitmain’s Antminer 17 Sold Out in Minutes. Will the Bitcoin Hash Rate Rise? appeared first on Bitcoin Magazine.
China’s central bank digital currency has begun a “restricted access test” to simulate payment scenarios between parties.
The post China’s Central Bank Digital Currency Undergoes “Restricted Access Test” appeared first on Bitcoin Magazine.
A source tied to China’s central bank has pushed back against reports about the country’s central bank digital currency.
The post Chinese Authority Pushes Back on Central Bank Digital Currency Report appeared first on Bitcoin Magazine.
Over 30 percent of Chinese cryptocurrency investors think the bitcoin price will surpass $30,000 in the next 12 months, according to a recent survey.
The post Poll Finds Chinese Crypto Investors Bullish on BTC appeared first on Bitcoin Magazine.
This article was originally published by 8btc and written by Vincent He.Although China has shut down bitcoin trading platforms and deemed them illegal, its attitude toward bitcoin mining is still ambiguous. Now, …
This article was originally published by 8btc and written by Lylian Teng.Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under t…
This article was originally published by 8btc and written by Vincent He.Nearly 100 victims from various parts of China have reported to the Hangzhou police bureau, claiming that they were deceived by two young me…
This article was originally published by 8btc and written by Lylian Teng.Bitcoin ATM services in China have once again proved to be hopeless, after the first Bitcoin OTM (OTC Teller Machine) in Beijing was remove…
This article was originally published by 8btc and written by Lylian Teng.The bitcoin price has broken $8,000 for the first time since July 2018, with most cryptocurrencies trading in the green. The rally has sent…
This article was originally published by 8btc and written by Vincent He.Since May 1, 2019, bitcoin’s price has been rising, reaching a top of over $6,000. As the whole cryptocurrency industry was enjoying the ris…
WeChat, the #1 messaging app in China, is also widely used for cryptocurrency transactions. Recently, WeChat Payment has revised the “WeChat Agreement for Payment Service,” which involves the control and regulati…
The recent bitcoin rally has driven bitcoin mining profits. Profits earned from bitcoin mining have seen a clear rise since the start of April 2019 and hit a near half-a-year high on April 15, 2019.Source: BCtren…
This article was originally published by 8btc and written by Chloe Jiang.The former director of Bitmain’s mining farm, a leading bitcoin mining operation, once said the wet season may not be as much of a boon for…
This article was originally published by 8btc and written by Lylian Teng.Many Chinese cryptominers have migrated to places with cheap electricity and favorable policies as a result of the escalated government cra…
With bitcoin’s recent surge to a five-month high, Zhao Dong, a bitcoin billionaire and one of China’s biggest over-the-counter (OTC) traders, recently claimed on Weibo that the sudden jump in bitcoin price does n…
This article was originally published by 8btc and written by Chloe Jiang.Bitmain, the world’s largest bitcoin miner manufacturer, has announced specifications for its Antminer 17 series machines, which will be gl…
This article was originally published by 8btc and written by Olusegun Ogundeji.Bitcoin has crossed the $5,000 price range again (after its first reach to that level in 2017) following a sudden breakout on April 2…
This article was originally published by 8btc and written by Chloe Jiang.The price of bitcoin surged above $5,000 for the first time in 2019, bringing other major cryptocurrencies up with it. The collective marke…
This article was originally published by 8btc and written by Lylian Tang.The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the N…