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Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police Extortion

Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police ExtortionThe Venezuelan military has seized 315 Bitmain Antminer S9 bitcoin mining rigs it claims are not properly registered to operate in the country. Although cryptocurrency mining is legal in Venezuela, miners say they have been unfairly treated, citing illegal seizures of mining equipment and police extortion. Venezuela Seizes Bitcoin Mining Equipment The Bolivarian National Guard […]

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antminers, Bitcoin, bitcoin cash, Bitcoin mining, Bitmain Feud, bsv, BTC Mining, China, Chinese Mining Rig Manufacturers, Cofounders, Coupons, Delays, Deliveries, Hashrate, Micree Zhan, Miners, mining, mining rigs, Top Machines, Vincent He

Bitmain’s Cofounder Accused of Hindering Next-Gen Bitcoin Mining Rig Shipments

Bitmain's Cofounder Accused of Hindering Next-Gen Bitcoin Mining Rig ShipmentsOn June 11, 2020, regional reports disclosed that the cofounder of Bitmain, Micree Zhan, is still battling with Jihan Wu in an ongoing feud. The quarrel is allegedly causing shipment problems for customers, as reports note that Zhan is prohibiting deliveries stemming from the company’s Shenzhen factory. Bitmain Cofounder Micree Zhan Accused of Causing Mining […]

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

Hyperblock Bitcoin Mining Servers and Datacenter Infrastructure to Be Auctioned off in Public SaleThousands 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 mining operations. Hyperblock Equipment Public Sale […]

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