Hong Kong Stock Exchange Calls Alleged Bitmain IPO Hesitation ‘Rumors’

Hong Kong Stock Exchange Calls Alleged Bitmain IPO Hesitation ‘Rumors’ A Hong Kong Stock Exchange (HKEX) spokesperson has called Bitmain’s alleged hesitation around a purported initial public offering (IPO) “rumors,” in an email to Cointelegraph Dec. 17. When asked for verification and details on the crypto mining firm’s IPO status, the spokesperson responded that “HKEX does not comment…

Calling All Gamers: Razer Wants You to Mine Cryptocurrency Using Idle GPUs

Calling All Gamers: Razer Wants You to Mine Cryptocurrency Using Idle GPUs Razer, the multi-billion-dollar gaming equipment manufacturer, released a new program that allows gamers to easily utilize their idle GPUs to mine cryptocurrency. The catch to this seemingly simple program, however, is that users don’t actually get to keep the cryptocurrency they mine. Razer…

Report: The Biggest Crypto Bears Are Selfish Chinese Miners

Report: The Biggest Crypto Bears Are Selfish Chinese Miners Many have been wondering which group represents the majority of crypto bears recently as prices keep plummeting. Those that got into crypto within the last year have likely fled the scene with tails between their legs and burnt fingers. That leaves long term hodlers, institutional investors, and…

BitMax.io (BTMX.com) Continues Platform Enhancement with Reverse-Mining Model

BitMax.io (BTMX.com) Continues Platform Enhancement with Reverse-Mining Model   BitMax.io in the Crypto Exchange Space BitMax.io (BTMX.io) is a global operator of an innovative digital asset trading platform with a broad range of products and services for global retail and institutional clients. With its relentless focus on transparency, reliability, and quality of execution and client…

Mining Giant Bitmain Launches Crypto Index for Investors

Mining Giant Bitmain Launches Crypto Index for Investors Beijing-based cryptocurrency mining giant Bitmain has launched a new cryptocurrency index as a benchmark for investors. The firm announced Friday that the new Bitmain Crypto Index tracks the performance of some of the “largest and most liquid” cryptocurrencies, and is denominated in U.S. dollars. The index publishes two types…

Asus Allows Gamers to Mine Crypto With Their Idle Graphics Cards

Asus Allows Gamers to Mine Crypto With Their Idle Graphics Cards Taiwan-based tech giant Asus is now letting gamers use the number crunching power of their graphics cards to earn a share of profits from cryptocurrency mining. The company announced Thursday that it has partnered with mining app provider Quantumcloud to allow gamers to earn “passive income”…

New Crypto Mining Malware Seen to ‘Evolve,’ Say Researchers

New Crypto Mining Malware Seen to ‘Evolve,’ Say Researchers Researchers at Israel-based cybersecurity firm Check Point Software Technologies say that a relatively new form of crypto mining malware, dubbed KingMiner, is “evolving.” In a research note on Thursday, the firm’s Ido Solomon and Adi Ikan said that KingMiner, a monero mining malware that first appeared about six…

ASUS Announces Crypto-Mining Partnership Despite Market Challenges

ASUS Announces Crypto-Mining Partnership Despite Market Challenges ASUS has announced a partnership with Quantumcloud that turns idle graphic cards into cryptocurrency miners. ASUS Partners with Quantumcloud Taiwan-based computer and electronic component manufacturer AsusTek Computer Inc., most commonly known as ASUS, has partnered with “innovation factory” Quantumcloud, reports Tech Radar. The partnership will allow owners of ASUS-branded graphics…

Bitcoin Mining Giant Holds Flash Sale to Celebrate Price ‘Bottom’

Bitcoin Mining Giant Holds Flash Sale to Celebrate Price ‘Bottom’ Bitcoin mining firm Canaan Creative has revealed it is temporarily cutting prices across all of its crypto mining devices. As part of its “flash sale” starting today, all of the company’s miners – from the Avalon 921 (20 terahashes per second) to the Avalon 851 (14.5…

Canadian Bitcoin Miner Fortress Blockchain Reports $1.16M Loss in Q3

Canadian Bitcoin Miner Fortress Blockchain Reports $1.16M Loss in Q3 Fortress Blockchain’s net loss worsened to $1.16 million (1.55 million Canadian dollars) in the third quarter, from $202,000 in the preceding three-month period, as price pressure continues to mount in the global bitcoin mining industry. The Canadian company said depreciation of $291,600 and listing expenses of…

Report: Zug Court Shuts Down Swiss Off-Grid Mining Firm Envion AG

Report: Zug Court Shuts Down Swiss Off-Grid Mining Firm Envion AG The cantonal court of Zug, Switzerland has shut down cryptocurrency mining firm Envion AG for an alleged unauthorized Initial Coin Offering (ICO), German news outlet Handelsblatt Global reported Nov. 28. Envion was established in Switzerland by Michael Luckow and Matthias Woestmann as an off-grid mining company that claims to use…