Bitcoin Miners Eviscerated: Japan’s GMO Shuts Down Cryptocurrency Mining Hardware Division
GMO Internet, a major Japanese-based technology company, has shuttered its division responsible for designing and manufacturing mining chips. Mounting losses from a weak...
Thailand’s National Exchange Preps 2020 Launch For Digital Asset Platform
The Stock Exchange of Thailand (SET) announced Wednesday in a statement that plans are underway for the development of a digital asset platform...
Bitmain Likely Lost $400 Million Last Quarter: BitMEX Research
Bitcoin mining behemoth Bitmain likely posted a net loss of nearly $400 million last quarter, the China-based firm’s recently-filed public offering documents reveal.
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Crypto Scammers Target Would-Be Bitcoin SV Miners
One of the oldest tactics for scammers on the web is to register a domain with a very similar spelling to an official...
Bitcoin Mining Giant Bitmain Lays Off Employees in Amsterdam & Texas
Source: BitmainBitmain’s problems continue, as the world’s largest bitcoin mining firm has announced a fresh round of layoffs.Bitmain is rumored...