Mining

The new direction in Galaxy’s activities is being formed against the background of the growing ambitions of American companies to occupy their niche in the mining market and compete with such large players as Bitmain. One of them is Foundry, a…

Chinese miners are flocking to Sichuan province in search of cheap hydroelectric power – now the country has a rainy season, during which its costs are three times lower than during the dry season. Many Chinese miners, who control most of…

Despite the unstable situation in the market, cryptocurrencies are steadily gaining popularity. Now many not only know what cryptocurrencies are, but also actively use them.However, at the same time as popularity, rules appear. Most large cryptocurrencies are already regulated in a…

Mining giant Bitmain has reported a large decrease in mining capacity over the past 16 months.For example, the share in the bitcoin hashreat decreased to about 29%. At the beginning of the year, mining pools of the company controlled more than…