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miners

Every story tagged miners on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

Stories tagged miners

5 stories in this topic

Pi
Sarah ChenFinance

Pi miners anxiously await monetization

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…

Bitcoin mining
Sarah ChenResearch

Cryptominers unplug rigs as bottom falls out of market

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…

Bitcoin Coin
Wei ZhangFinance

Bitcoin Mining Billionaire Ousts Co-Founder

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…

minner
Wei ZhangGeneral

Surge in Coal Prices Buoys Miners’ Shares

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…

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