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The Bitcoin Network Continues to Strengthen as Hash Rate Doubles Since June

China’s crackdown on bitcoin mining operations undoubtedly caused several disruptions on the BTC network as miners were forced to shut down machines and move out of the region to continue…

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Singapore Myanmar Investco Purchases 800 Mining Rigs, Firm Plans to Offer Mining Services

On August 24, the investment and management company, Singapore Myanmar Investco Limited (SMI), revealed the company is entering the bitcoin mining industry as it has ordered 800 mining rigs to…

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Blockstream Raises $210M: The $3.2B Company Will Expand into Manufacturing Mining Chips

The valuation of the company has risen above $3 billion after completing the Series B round in which some of the participants included iFinex and Baillie Gifford. Blockstream aims to…

Continue ReadingBlockstream Raises $210M: The $3.2B Company Will Expand into Manufacturing Mining Chips

Young South African Engineer Rues Deleting Computer File Containing Keys to 20 BTC

A young South African electronics engineer has rued his decision to delete a text document containing the keys and password to a crypto wallet that held some 20 bitcoins. According…

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