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Bitfury Launches Mining Investment Solutions for Institutions

Bitfury, a mining company established in 2011, announced a partnership program on May 26 that lets institutions invest in Bitcoin (BTC) mining.The program will help family offices and other institutional funds diversify their portfolios into digital asset infrastructure. Bitfury says this was previously an arduous task for these investors.Investment will

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Hyperblock Bitcoin Mining Servers and Datacenter Infrastructure to Be Auctioned off in Public Sale

Thousands of mining servers and all the datacenter infrastructure needed to operate them will be auctioned off in an upcoming public sale of Hyperblock’s property. The company has announced on Thursday, May 14, 2020, that its 20MW Montana, USA datacenter went offline and that it has ceased all cryptocurrency

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Bitcoin.com’s Mining Video Censored: The Tale of Youtube’s Blatant Censorship and Propaganda

During the last few years, the Google-owned Youtube platform has been accused of massive censorship and in the last three months, the video streaming business resembles the Ministry of Propaganda, more than an online video-sharing platform. This week Cryptox.trade was also censored for sharing a video about our bitcoin

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Critical Mining Hardware Manufacturer To Launch Second US Factory

The world’s largest semiconductor manufacturer and third-largest chip manufacturer, Taiwan Semiconductor Manufacturing Co., or TSMC, has announced plans to build a $12 factory in Arizona.The move comes after TSMC suffered significant disruptions across its supply chain amid the coronavirus outbreak in China.With Bitmain relying on TSMC for its next-generation chips

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New Cryptic Chinese Operation Instantly Becomes Sixth-Largest BTC Mining Pool

New China-based mining pool Lubian accounts for 5.15% of the total Bitcoin (BTC) hash rate, just three weeks after processing its first block. The pool was originally spotted by BlockBeats, a Chinese blockchain news outlet, on May 12. Lubian is currently the sixth-largest mining pool, with a 6.30 EH/s hash rate,

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Bitcoin Halving Arrives: Mining Rewards Drop for Third Time in History

Bitcoin's third halving, the network's quadrennial landmark and the most anticipated event this year in the cryptocurrency industry, has finally happened.Miners racing on the network to compete for freshly minted bitcoin produced the 630,000th block at 19:23 UTC on May 11, which triggered the programmed halving event, marking another milestone

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