Wednesday, January 22, 2020
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Canada’s DMG Blockchain Installs 1,000 New Bitcoin Mining Rigs for US Client

Canadian tech company DMG Blockchain Solutions has installed 1,000 new Bitcoin (BTC) mining machines at its Christina Lake mining-as-a-service facility in British Columbia. Per a Jan. 6 press release, DMG has purchased the new miners from Chinese mining giant Bitmain, with the total power consumption of approximately 1.5 megawatts. Initially announced

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KuCoin’s PoS Mining Platform Pool-X Launches BETA Version with Staking Service

Pool-X, the next generation POS mining platform supporting lockup crypto transactions backed by KuCoin, today announced the launch of its BETA version and the opening of the Staking function. The first four staking products include KCS-30, TRX-30, XTZ-30, and ATOM-Flexible. In addition to receiving Staking rewards, participating users can also

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Mining Giant Bitmain May Lay Off Another 50% of Staff Before BTC Halving

Cryptocurrency mining giant Bitmain reportedly has plans to reduce its workforce by another fifty percent.On Dec. 2, Chinese news media outlet Wushuo Blockchain reported that Bitcoin (BTC) mining rig maker Bitmain has launched a “personnel optimization plan” that will layoff a significant portion of its employees before the next

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