During a gold rush, Silicon Valley’s line is to always invest in picks and shovels instead of mining. Sometimes it pays just to do both. TechCrunch has learned through a company fundraise overview that Beijing-based mining equipment seller Bitmain hit a quarterly revenue of approximately $2 billion in Q1 of this year. Despite a slump […]
View More Crypto mining giant Bitmain on target for $10B revenue this yearCategory: bitcoin mining
Kodak-branded KashMiner Bitcoin mining rig for rent wasn’t — and won’t be
Write off another piece of crypto craziness: A Kodak-branded Bitcoin-mining rig that was on show at CES in January, where it generated much headshaking and skepticism that it could ever deliver the claimed returns, has evaporated into the ideas ether from whence it came. The BBC reports that the plan to rent access to Kodak-branded […]
View More Kodak-branded KashMiner Bitcoin mining rig for rent wasn’t — and won’t beSalon’s Monero mining project might be crazy like a fox
One news site is taking a novel approach to making ends meet. Salon announced today it would give readers a choice between turning off ad-blocking software or “allowing Salon to use your unused computing power” in order to access their content. If you say yes to the latter deal, Salon will then invite you to install Coinhive, a software plugin that mines the cryptocurrency known… Read More