miners

Retail Asia01/07/2022

Vietnamese people are expecting good money from cryptocurrency Pi following developer’s promise of a mainnet launch on June 28. The system is making steady progress towards transiting to launch by around Pi2 Day – June 28, the development team announced on the Pi Network app last Tuesday. Since Monday night, Pi miners in Vietnam have […]

Retail Asia24/05/2022

Cryptominers are powering down operations, even selling equipment, as cryptocurrency prices continue to plummet. Nguyen Binh, a cryptominer in the southern Dong Nai Province, said his rigs can mine almost one Ethereum (around $2,000) a month, but hardly breaks even. “Electricity bills have taken away half of what I earned. With depreciation and operation and […]

Retail Asia07/11/2019

A power struggle at the world’s largest crypto mining start-up has resulted in the surprise ouster of one of its co-founders. Beijing-based Bitmain Technologies has fired co-founder and executive director Micree Zhan Ketuan, according to an internal memo sent to staff on Tuesday, which was seen by CoinDesk. His role will be taken over by Jihan Wu, […]

Retail Asia04/09/2017

The cryptocurrency reached an all time high of $4,700 this week, so if you’ve got a head for numbers…The demand for hardware to mine Bitcoins in Vietnam is on the rise following a government decision to develop a legal framework to manage digital currencies. Assigned ministries will have until the end of next year to […]

Retail Asia10/10/2016

A recovery in coal prices in recent months has buoyed shares of local coal companies and returned confidence to a sector that has long struggled with low demand. Indonesia’s thermal coal benchmark price rose to $63.93 per metric ton in September — its highest in 17 months — continuing a five-month rally after bottoming out […]

Tag: miners

Pi miners anxiously await monetization

Cryptominers unplug rigs as bottom falls out of market

Bitcoin Mining Billionaire Ousts Co-Founder

Bitcoin rush: Miners on the rise with Vietnam set to regulate virtual currencies

Surge in Coal Prices Buoys Miners’ Shares