Tagged: bitmain

Circle Announces USD Coin & Bitmain Partnership

On Tuesday, Boston-based Circle announced it has formed partnerships with USD Coin and Bitmain. Founded in 2013, Circle offers four products: Circle Invest, which allows users to easily invest in crypto; Circle Pay, allows users to send money like a text; Circle Trade, the company’s OTC trading… Read More

BTC Wants to Connect $12.7 Trillion Payment Market to Bitcoin in China via Mobile App on Huawei Smartphones

BTC.com, a prominent platform for cryptocurrency users (that is affiliated with Bitmain), has announced the BTC.com mobile wallet will be the first cryptocurrency app released on Huawei’s AppGallery. The BTC wallet claims to have more than one million users, having processed USD$ 5 billion since… Read More

Mining Monero More Profitable Right After Anti-Asic Hard Fork

“Hashing power” dropped precipitously on the Monero network right after the system “hard forked” April 6th. The temporary decrease in competition for block rewards induced by the fork has been attributed to the fact that many minors had not upgraded their software in time for… Read More

Long Blockchain See Saws on Purchasing Bitcoin Mining Hardware

Long Blockchain Corporation (NASDAQ:LBCC), formerly known as Long Island Ice Tea Corp. due to its focus on beverages, has done an about face regarding its previously announced decision to purchase 1,000 Antminer S9 mining rigs and 1,000 APW3++ PSUs. In January, the company stated it had signed… Read More

Reversal: Long Blockchain Corp. Decides Not to Proceed with Public Offering of Common Stock

Long Blockchain Corp. (Nasdaq: LBCC) has decided not to proceed with its previously announced public offering of common stock. Shares in the company jumped in pre-market trading following the announcement. Long Blockchain Corp. changed its name from Long Island Iced Tea Corp. in recent weeks… Read More

Leaked Document Shows China’s Intent to Force Bitcoin Mining Halt

As we reported this past weekend, the People’s Bank of China (PBOC) is rumored to be discussing a power cut for Bitcoin miners. Now there is a document circulating on the internet that indicates China wants to shut down Bitcoin mining altogether. While the complete… Read More