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Chinese Bitcoin Miner Canaan Creative Recorded $148 Million Net Loss In 2019

Canaan Creative, a Chinese Bitcoin miner manufacturer has revealed that it made a net loss of $148.6 million for 2019 on revenue of $204.3...

New York-Based Power Plant that Generates $50,000 in Bitcoin (BTC) On a Daily Basis

A New York-based power plant, the Greenidge Generation has reportedly set up its own mining operation, and it generates $50,000 in Bitcoin (BTC) on...

Brad Garlinghouse Reacts to the Huge Energy Consumption of BTC and ETH Mining

The CEO of Ripple Brad Garlinghouse has recently showcased his concern over the tons of energy consumed in the course of mining of the...

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