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Cango Secures $75M in Fresh Capital to Expand Ecohash AI Computing Platform – Mining Bitcoin News

[ad_1] U.S.-Listed Bitcoin Miner Cango Closes $75M Financing Round for AI Expansion The $65 million equity placement was purchased by entities controlled by Chairman Xin Jin and Director Chang-Wei Chiu. The transaction... Read more »

VanEck CEO Warns Quantum Computing Poses Risk to Bitcoin

[ad_1] Bitcoin’s encryption and privacy could be at risk from quantum computing, but it is still a good investment for now, says Jan van Eck, CEO of investment manager VanEck. “There is... Read more »

The quantum computing threat Bitcoin can’t ignore

[ad_1] Quantum computing is no longer just science fiction or the stuff of cypherpunk paranoia; it’s officially a front-page threat for the world’s first stateless money. If you ever thought Satoshi’s creation... Read more »

Another Day, Another Record: Bitcoin’s Computing Muscle Flexes Harder

[ad_1] Bitcoin’s raw computing might just keeps flexing, and on Friday the network notched yet another record — blasting its hashrate up to 1,057 exahash per second (EH/s) or 1.057 zettahash per... Read more »

Bitcoin’s Computing Muscle Hits 1,027 EH/s Benchmark, But Hashprice Shrinks 8.39%

[ad_1] On Wednesday, Sept. 10, data showed Bitcoin’s total hashrate climbed to 1,027 exahash per second (EH/s), notching another record high after bouncing back from a brief dip four days earlier. Bitcoin’s... Read more »