[Dec 10 12:19 AM] It comes as US Bitcoin miners have had to deal with delayed deliveries of Bitmain ASICs that have been stuck at US ports of entry for weeks.
[Dec 5 5:16 AM] BIT Mining attributed its widened profit margins from DOGE and LTC to specialized LD3 mining machines it acquired from Bee Computing in 2021.
[Nov 20 4:30 AM] A crypto mining firm faces a $14 million penalty after admitting to a $2.5 million bribery scheme to secure a Japanese casino contract, which ultimately failed. A Mining Empire’s Downfall: Bribery Scandal Leads to Global Fallout The U.S. Department…
[Nov 19 12:40 AM] BIT Mining, previously known as online sports casino 500.com, made around $2.5 million worth of bribes to Japanese officials between 2017 and 2019.
[Jan 1 2:00 PM] As the crypto market marches into 2024, various industry experts and financial analysts have recently cast their respective Bitcoin (BTC) predictions for the year. Among the voices offering insights, Mark Mobius of Mobius Capital Partners LLP…
[Dec 30, 2023 3:30 PM] On Friday, Bit Mining Limited declared it had sold the mining pool operations of Btc.com to a Hong Kong limited liability company for $5 million. This transaction is anticipated to bolster the total equity of Bit Mining’s shareholders…
[May 24, 2023 1:58 PM] BIT Mining Limited has announced a collaboration with semiconductor company Chain Reaction to develop next-generation systems for bitcoin mining. According to a press release, the collaboration aims to leverage Chain Reaction's ‘EL3CTRUM ASIC’…
[Dec 27, 2022 9:00 AM] A major cryptocurrency mining pool has been hit by hackers earlier this month, the company who owns the pool revealed in an announcement. The incident resulted in the theft of digital assets belonging to the pool and its clients worth a combined…
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