Markets
BTC— —
ETH— —
SOL— —
XRP— —
BNB— —
ADA— —
DOGE— —
MCap— —
BTC— —
ETH— —
SOL— —
XRP— —
BNB— —
ADA— —
DOGE— —
MCap— —

Oliver Bradford

148 articles

Author bio and disclosure information will appear here. See our disclosure policy for more information.

Bids for Dashjr's Forked Bitcoin Peaked at $82
Tech

The BLAKE2b chain locked out every SHA-256 rig in existence when it activated on 1 September. The one venue quoting the coin showed a 131.7 per cent bid-ask spread, and no major exchange has listed it at all.

·Oliver Bradford
Russia legalizes cryptocurrency mining with new federal law
Tech

Russia formalized legal recognition of cryptocurrency mining on November 1, 2024, through federal legislation that establishes registration requirements, electricity limitations, and restrictions on foreign participation in mining activities.

·Oliver Bradford
Marathon Digital first miner to exceed 30 EH/s hash rate
Tech

Marathon Digital achieved approximately 30 exahashes per second of energized hashrate in mid-2024, representing over 30,000 operational mining devices and confirming the company's status as a leading North American mining operator.

·Oliver Bradford
Bitcoin mining revenue surges after April 2024 halving
Tech

Bitcoin miners generated record monthly revenue of $2.01 billion in March 2024 before the April halving reduced block rewards by 50 percent, forcing the industry to adapt to approximately $10 billion in annual revenue losses.

·Oliver Bradford
Core Scientific files for Chapter 11 bankruptcy
Tech

Core Scientific, one of the largest bitcoin mining companies, filed for Chapter 11 bankruptcy on December 21, 2022, citing liquidity crisis and debt pressures amid depressed bitcoin prices and unfavorable mining economics.

·Oliver Bradford
Intel announces Blockscale ASIC mining chip at ISSCC
Tech

Intel unveiled its Blockscale bitcoin mining ASIC chip through a technical presentation at ISSCC in February 2022, marking the semiconductor giant's official entry into the specialized mining hardware market with focus on energy efficiency.

·Oliver Bradford
Lido Finance Surpasses $10B in Staked ETH
Markets

Lido Finance achieved $10 billion in staked Ethereum, establishing itself as the dominant liquid staking protocol and accounting for a significant portion of all ETH validators.

·Oliver Bradford
China bans cryptocurrency mining nationwide
Tech

China's government initiated a comprehensive crackdown on cryptocurrency mining in June 2021, with provincial authorities ordering immediate cessation of mining operations and later implementing a nationwide ban through federal regulatory action.

·Oliver Bradford
Canaan raises $90M in first crypto mining IPO on Nasdaq
Tech

Chinese bitcoin mining equipment manufacturer Canaan Creative raised $90 million in its debut on Nasdaq on November 21, 2019, making it the first dedicated cryptocurrency mining company to achieve a U.S. public listing.

·Oliver Bradford
Sichuan flooding disrupts 20% of Bitcoin hashrate
Tech

Heavy rainfall in Sichuan province during late June 2019 destroyed tens of thousands of mining rigs and disrupted up to 20 percent of the global Bitcoin hashrate, prompting miners to relocate operations to Xinjiang.

·Oliver Bradford
Genesis Mining suspends Bitcoin cloud mining contracts
Tech

Cloud mining provider Genesis Mining announced in August 2018 that it would terminate unprofitable bitcoin contracts after miners' daily outputs fell below maintenance fee requirements during an extended cryptocurrency market downturn.

·Oliver Bradford
Bitmain reports $1.1B profit in leaked Q1 2018 financials
Tech

Leaked financial documents revealed that cryptocurrency mining giant Bitmain generated $1.1 billion in net profit during the first quarter of 2018, with some sources reporting figures as high as $1.2 billion for the quarter.

·Oliver Bradford
Samsung begins manufacturing ASIC mining chips
Tech

Samsung confirmed in January 2018 that it had begun mass production of ASIC chips for bitcoin and cryptocurrency mining, entering the specialized hardware sector previously dominated by Bitmain and Canaan Creative.

·Oliver Bradford
NiceHash marketplace hacked for $64M in bitcoin
Tech

The NiceHash mining marketplace suffered a major security breach in December 2017, with attackers stealing approximately 4,700 bitcoins worth $64 million through a sophisticated spear phishing attack that compromised company systems.

·Oliver Bradford
Bitfury unveils 16nm ASIC mining chip
Tech

Bitfury began deploying its 16nm ASIC mining chip in mid-2016 with efficiency of 0.06 joules per gigahash and 40 gigahashes per second per chip, advancing mining hardware into a new generation of performance.

·Oliver Bradford
KnCMiner declares bankruptcy in Sweden
Tech

Swedish bitcoin mining company KnCMiner filed for bankruptcy after raising $32 million, citing high energy taxes, rising competition from Chinese miners, and the impending July 2016 bitcoin halving.

·Oliver Bradford