Rig

Canaan, the Bitcoin Mining Rig Manufacturer, Raises $50 Million in Preferred Shares Offering

Wyatt NewsonJan 26, 20243 min read

Canaan Raises $50 Million in Funding for Expansion Bitcoin mining rig manufacturer, Canaan Inc, has raised $50 million in a recent funding round by selling preferred…

Canaan, a Mining Rig Manufacturer, Secures $50 Million in Preferred Shares Funding

Theon BarrettJan 26, 20242 min read

Crypto Mining Rig Maker Canaan Raises $50 Million to Enhance R&D and Expand Production Scale Crypto mining rig manufacturer Canaan has successfully raised over $50 million…

The Dominance of ASIC Bitcoin Mining Rig Manufacturers: Evolution and Consolidation

Benito CormiDec 25, 20232 min read

The Changing Landscape of ASIC Bitcoin Mining In the past, there were many ASIC bitcoin mining producers, but now only a select few remain active in…

Bitcoin Halving Leads to Increased Rig Accumulation by Miners – Crypto Executives Set Sights on $100K Price Objective

Bernard NicolaiDec 11, 20233 min read

Big Crypto Miners Invest $747 Million Ahead of Bitcoin Halving Crypto mining giants have spent a total of $747 million this month on facilities and equipment…

Mining Rig Makers Expand to Russia as US Market Saturation Looms

Cora SkindellJul 28, 20232 min read

Bitcoin Mining Industry in Russia Booms as Bitmain and MicroBT Expand The bitcoin mining industry in Russia is experiencing significant growth, with more machines flowing into…

Bitmain Launches Filecoin Mining Rig at $38,888

Benito CormiJul 21, 20231 min read

Bitmain Introduces On-Rack Filecoin Miner Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency filecoin (FIL). The…

Subscribe to our Social Media for Exclusive Crypto News and Insights 24/7!

Email me the hottest Crypto news!

Latest Crypto News

Rig Crypto News & Updates | LolaCoin.org Rig