Chinese Bitcoin Mining Giant Files For $200 Million US IPO: Report

The Chinese maker of Bitcoin mining hardware Canaan Creative is allegedly seeking to go public in the U.S. Per a report which appeared on a Chinese social media platform, Canaan has already filed the application documents with the Securities and Exchange Commission. The cryptocurrency mining rigs maker is seeking to raise approximately $200 million from […] The post Chinese Bitcoin Mining Giant Files For $200 Million US IPO: Report appeared first on CCN Markets

Don’t Panic: Bitcoin’s ‘Plunging Supply’ Is a Feature – Not a Bug

Bitcoin presents a common-sense notion that’s surprisingly radical to many fully-grown adults: Once it’s gone, you can’t have any more of it. As commodities go, it acts more like a rare metal than a technology – hence its comparison to gold. It Doesn’t Matter If We’ve Mined 99{520ebc7d04367f10067c097a94259816cd1e6df76ec40212834858ca2e1af940} of the Bitcoin Supply The Sun posted […] The post Don't Panic: Bitcoin's 'Plunging Supply' Is a Feature – Not a Bug appeared first on CCN Markets