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World’s First Bitcoin Mining IPO Hosts Campaign on BnkToTheFuture

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Bitcoin companies have to keep evolving their business model at all times, if they want to stay ahead of their competitors. Rolling out new services, increasing staff numbers, and expanding the business on an international level all cost a lot of money, and funds have to come from somewhere. Conducting an IPO gives company owners an idea on whether or not there is an interest in their service.  That being said, a Bitcoin mining company hadn’t IPO’d before, until now.

Make sure to read: E-Coin Hosts Equity Crowdfunding Campaign on BnkToTheFuture  Read more...

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BitFury Group Explores Georgia’s Bitcoin Potential

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When people are talking about Bitcoin, the country of Georgia does not immediately come to mind. Which is rather strange,  as Georgia is working hard to become a favourable location for Bitcoin companies, as well as other international technology players. BitFury Group recently installed a brand new data center in the country, which has been attracting quite a bit of interest from all over the world.  Read more...

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Bitcoin Group Limited to IPO on Australian Securities Exchange

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Despite Bitcoin’s precarious status in Australia, there is still a lot of interest in mining the virtual currency.  Australia’s largest Bitcoin mining operator, called Bitcoin Group Limited, will hold an Initial Public Offering on the Australian Securities Exchange.  By doing so, Bitcoin Group Limited becomes the first Bitcoin IPO on a major global exchange platform.  Read more...

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BM1385 ASIC Chip Makes Bitcoin Mining More Energy-Efficient

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The Bitcoin mining ecosystem is still evolving at a rapid pace, even though miners have been using the same type of ASIC hardware for a few years now.  Every Bitcoin ASIC miner holds dozens, if not hundreds, of small microchips designed to be energy-efficient and provide a ton of computational power.  Bitmain, one of the world’s largest Bitcoin hardware manufacturers, announced their new BM1385 chip.  Read more...

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HashPool – A New Bitcoin Mining Pool With Tons of Features

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Despite Bitcoin being in a state of flux right now, due to a fairly low Bitcoin price and regulatory requirements scrutinizing startups in the US, some companies are still pushing forward with their expansion plans. HashingSpace Corporation have launched their Bitcoin mining pool – called Hashpool.com – and made the pool’s mobile app available for both Android and iOS users.

HashPool.com – A New Bitcoin Mining Pool With Mobile ToolsHashPool App

In recent weeks, the name HashingSpace Corporation has made headlines on this website multiple times. The company is on an aggressive spree in terms of expanding their offerings in the Bitcoin ecosystem. HashPool will be of interest to Bitcoin miners from all over the world, as the backend will balance the mining load based on a GEO-IP implementation.  Read more...

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Bitcoin Cloud Mining Platform Cloudminr.io Allegedly Hacked, Unencrypted Database For Sale

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Bitcoin has been plagued by lots of companies offering the next big thing in “cloud mining”, and eventually turning into a scam.  That list has grown quite long in recent months, and the latest name on the list is Cloudminr.io.  According to the company’s website, somebody hacked their database and exposed all of the user accounts.

The Volatility of Bitcoin Cloud Mining ServicesCloudMinr.io

For those among us who have been involved in Bitcoin for quite some time, cloud mining has always been synonymous with a huge potential for a scam company.  Granted, there are a handful of legitimate Bitcoin cloud mining companies out there, such as CEX.io, Bit-X, and Genesis Mining.  But for every legitimate company, there are at least a handful of Ponzi schemes and scam sites as well.  Read more...

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Brazilian Bitcoin Company CoinBR Aggressively Expands Its Reach

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Just last week, we reported how two smaller exchanges in Mexico have merged in order to take on their bigger competitors. It seems like this may be a new trend in South America, as two Brazilian Bitcoin-based companies have now merged. The objective of this merger is quite simple: expand the business and push Bitcoin adoption in the country to new heights.

CoinBR – Acquiring Bitcoin and Hosted Mining Solutions

CoinBR is a well-known name among the Brazilian Bitcoin community, as they are one of the few digital currency platforms in existence in that country. Their service allows customers to buy Bitcoin in a convenient manner, by paying the lowest price. On top of that, CoinBR does not charge any additional fees for either buying or selling Bitcoin in exchange for fiat currency.  Read more...

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The Future of Bitcoin Network Blocks Decided Upon By Chinese Mining Pools?

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One of the most pressing topics in the Bitcoin world right now is whether or not the block size should be increased. Bitcoin Core developers are proposing to change the size to 20MB, whereas Chinese mining pools want to keep it at 8MB maximum.  What the final block size will be in the end is still up in the air at this point, but there is a heavy debate going on between Core developers and mining pool owners.  Read more...

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BitLicense Forces Mining Pool BTCGuild To Shut Down

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Bitcoin regulation has always been a topic of heavy debate among digital currency enthusiasts. On the one hand, there is a majority of Bitcoiners who would rather not see things regulated, as they feel digital currency development and usage will be restricted. On the other hand, there is quite a large following of people who see Bitcoin regulation as a way to “legitimize” digital currency. That being said, the BitLicense Bitcoin regulation is not working out well so far.  Read more...

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KnCMiner’s 3D 16nm Bitcoin Mining Chips Shake Up Mining Landscape

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With Bitcoin mining being in the state it is right now, many people around the world are wondering what the next technological breakthrough might be. Will we be using more efficient chips of 28nm, or is there room left to make ASIC chips even smaller and cram in more processing power? KnCMiner has not been waiting for that answer, as they recently shattered world records with their new 16 nm 3D Bitcoin mining chip.  Read more...

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Green Innovations Award for Bitfury’s Allied Control

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In one of our recent articles, we talked about Allied Control and how their immersion cooling could shake up the world of Bitcoin mining as we know it. That being said, Allied Control’s immersion cooling solution has caught the attention of other industries as well. So much so that the company has even won the Green Innovations Award.

Immersion Cooling in Bitcoin MiningAllied Control Small

The term “Bitcoin mining” is a topic of heavy debate just lately, and not just because of the lack of profitability. The hardware necessary to mine Bitcoin is not only expensive, but it also uses a ton of electricity to complete the computational calculations required to “mine” chunks of a Bitcoin.  Read more...

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Is Immersion Cooling The Future of Bitcoin Mining?

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The world of Bitcoin mining is in a bit of an odd state right now, which can be partially attributed to the lower Bitcoin price. On top of that, the mining difficulty is going up again, which means existing hardware will earn you less BTC per day.  If this trend keeps up, we will need to come up with additional ASIC hardware, or find a way to make current mining hardware more efficient. Making ASIC chip cooling more energy efficient would be one way to go.  Read more...

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21 Inc. Will Let You Mine Bitcoin With Home Suppliances

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The future of Bitcoin mining might be coming to home appliances near you. At least, that is the idea Bitcoin startup 21 Inc. has brought to the table recently. One of the startup’s main investors is chip manufacturer Qualcomm, and their chips power quite a few everyday devices in your home. Will you be mining Bitcoin with a toaster soon? Let’s find out.

21 Inc. – The Most Mysterious Bitcoin Startup Ever21 Inc

Up until today, we still hardly know anything about Bitcoin startup 21 Inc. And that is saying something, considering the company recently completed a round of seed funding, without revealing what the money will be used for. So what can US$121m in funding do for a Bitcoin startup? The question is: what can’t it do?  Read more...

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Hedgy Lets You Mine Bitcoin at a Guaranteed Price

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Bitcoin technology is what will bring a lot of change into our everyday lives over the next few months and into the years to come.   One of the most interesting possibilities of this technology comes in the form of smart contracts. And it looks like investors all around the world see the potential from smart contracts as well, which is one of the reasons why Hedgy raised US$1.2m in seed funding last week.  Read more...

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What Is Bitcoin? – Bitcoin Mining (Part II)

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If you are an avid reader of the novice Bitcoin guides we post on this website, you will remember how we talked about profitability in part one of the Bitcoin mining guide. Given the upfront hardware investment costs, shipping costs and possible import VAT fees before you can even get your Bitcoin miner set up and running, it may be a wise choice to look for other options. Bitcoin cloud mining is an alternative way of mining Bitcoins without the hassle of installing a Bitcoin miner at home.  Read more...

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What is Bitcoin? – Bitcoin Mining (Part I)

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One of the many topics about Bitcoin which piques the interest of outsiders is how these coins are being generated. Considering the fact that Bitcoin is not issued by a bank or government, these coins have to come into circulation somehow. Bitcoins are mined, or “minted” by people with very powerful computer hardware.

Note from the Author: The contents of this article focus on mining at home. In part two of this article, we will talk about cloud mining.  Read more...

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Genesis Mining Joins Forces With Spondoolies-Tech in Historic Bitcoin Cloud Mining Partnership Deal

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One of the recurring topics of the past few months remains Bitcoin cloud mining, and its current struggle to be profitable for customers. Several Bitcoin cloud mining providers have halted their services for the time being, as other companies are working on new partnerships in order to provide their customers with a quality service. Genesis Mining, one of the few European Bitcoin cloud mining companies still in existence, has recently partnered with Spondoolies-Tech, a Bitcoin mining hardware manufacturer.

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ZeusHash Unveils New Bitcoin Cloud Mining Contract & Lowers Maintenance Fees

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A few days ago, we mentioned that ZeusHash was working on creating a new Bitcoin cloud mining contract for their new and existing customers. Not too many details were known at that point other than the fact that maintenance costs would be reduced drastically. The latest ZeusHash newsletter – which was sent out yesterday – contains all of the relevant information, so let’s take a look!

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Genesis Mining: “We Have Not Yet Reached The Point Of Negative Cloud Mining Operations”

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In the light of all the recent commotion surrounding Bitcoin and altcoin cloud mining, several companies have either halted operations for the time being, or issues warnings about the current unprofitable state of their services. Genesis Mining, a German-based cloud mining company and one of our major advertisers on this website, has come up with an interesting solution to address the current state of altcoin cloud mining.

Scrypt Cloud Mining Even Less Profitable Than Bitcoin Cloud Mining

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Can The Upcoming Difficulty Decrease(s) Save Bitcoin Mining?

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A few days ago, we mentioned how Bitcoin cloud mining is the only way for most people who want to be part of the mining game. With nearly each and every cloud mining provider turning up negative earnings, either immediately or after a very short period, it looks like cloud mining will not be profitable for a long time to come. With the total network hashrate taking a serious dip, will we see multiple mining difficulty decreases coming up?

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