Bitcoin Mining Hardware Manufacturer Bitmain to Invest $50 Million in Opera Browser’s IPO

Francisco Memoria
  • Opera Ltd, the company behind popular web browser Opera, is reportedly going to launch an IPO.
  • Bitcoin mining hardware manufacturer Bitmain willl reportedly invest $50 million in the company.

Last week, Opera Ltd., the parent company of Opera Software, a company that makes and operates the mobile and desktop browser Opera, has recently filed for an Initial Public Offering (IPO) with the US Securities and Exchange Commission (SEC). Bitcoin mining hardware manufacturer Bitmain is said to be investing $50 million.

Opera’s move, according to Reuters, will see the company raise up to $115 million. It will list its American Depositary Shares on the Nasdaq stock exchange under the ticker “OPRA.” Its products, per reports, have over 320 million active users per month, giving it a 1.5 percent share of the web browser market.

The company is said to be planning on selling $50 million to Tosping Technology Ltd., and another $10 million to two other buyers. Tospring is also known Bitmain, a company that reportedly had a profit of $3 to $4 billion last year.

Opera itself isn’t notably closely related to the cryptocurrency ecosystem, but has offered its users attractive tools in its browsers. These include cryptojacking protection that stops malware from using their CPU resources to mine cryptos, and a currency converter that works with cryptocurrencies.

The software company will reportedly use the IPO’s proceeds on research and development (R&D), marketing, strategic partnerships, and working capital. Its products automatically block ads, so Opera makes money through agreements with various partners.

In 2016, Opera made $107 million in revenue, but lost $12.7 million that year. Last year, it made $129 million in revenue, out of which $6.1 million were profit. Bitmain, as CryptoGlobe covered, has been developing operations outside of China, in the US.

As reported the company, led by 32-year-old Jihan Wu, was considering its own IPO last month, as it was looking to expand even further Currently, its mining operations concern some in the BTC community, as its mining pools come close to having 51 percent of the network’s hashrate.

Top 8 Dogecoin Faucets to Start Earning DOGE in 2019

Michael LaVere
  • Cryptocurrency meme coin DOGE is a popular option for claiming on faucet platforms. 
  • Users can play games, solve captchas and earn referral bonuses for participating in the faucet. 

Dogecoun faucets are one of the best ways for cryptocurrency enthusiasts to earn some dogecoin without purchasing it through a crypto exchange. Users can leverage the availability of these platform to earn free crypto, not only DOGE, in exchange for performing simple tasks or redeeming a time-sensitive payout. 

Faucets, including those that pay in DOGE, have been a popular way over the years for members of the crypto community to obtain free tokens without purchasing them through exchanges. While the payouts are small, the effort involved in collecting coins is also minimal and straight forward. 

Free-Dogecoin

Free-dogecoin is a cryptocurrency faucet that pays DOGE to users in sixty-minute intervals. Users solve captcha puzzles in order to claim their reward and can also participate in onsite games. The minimum withdrawal is 45 DOGE with a withdrawal fee of 2 DOGE (less than a penny). Payments are made directly to a user’s Dogecoin wallet, as opposed to requiring an intermediate. 

MoonDoge

MoonDoge is Dogecoin faucet part of a family of crypto faucets offering a variety of different coins. Users can collect a payout of 0.150 DOGE on a three hour timer that pays to a faucethub microwallet or directly to a dogecoin wallet. MoonDoge also has a daily loyalty bonus that rewards returning users in proportion to the number of consecutive days they claim from the faucet. In addition, they operate a referral bonus that pays passive DOGE for getting other users to participate.

DogeDaily

DogeDaily is another Dogecoin faucet operating on a three-hour timer. However, users can earn 0.500 DOGE per faucet claim, paying a premium over similar options. Payouts are made to a faucethub microwallet, allowing users to collect their DOGE earned from multiple faucets in one central account.

Allcoins

Allcoins offers a collection of cryptoasset faucets for users to choose from, including a Dogecoin faucet. The faucet timer is significantly shorter than other options on this list, requiring users to wait only four minutes between claims. The platform also has a 25% bonus reward for referrals and offers games in addition to solving captchas. More enterprising users can leverage their cloud-mining program, which pays out tokens in exchange for borrowing computing resources through the web browser. 

Cointiply

Cointiply has a twelve-hour wait between claiming rewards. However, similar to Allcoins, users can participate in their web-mining program between faucet payouts, which allows for the passive accumulation of DOGE. While it requires sacrificing computing resources, and thereby performance, it does provide a simple option for dogecoin collection for users that are willing to run the program in the background. 

TheCryptoFaucet

TheCryptoFaucet is another multi-asset platform that allows users to earn DOGE. While the platform offers TRX, LTC and a number of other crypto-assets, the dogecoin faucet is their top ranking one. The website claims to have paid out more 127,000 DOGE to users and operates as a daily faucet for claiming coins.

Users can invite friends to participate in their referral program, which generates a 50% reward when they claim from the daily faucet. TheCryptoFaucet also provides instant payouts that can be automated on a hourly, daily or weekly basis.

Althub

Althub, as the name implies, is a crypto faucet platform featuring 16 different altcoins for distribution. In addition to DOGE, users can obtain payouts in TRX, Verge, Cardano and more. Althub requires users to sign up for access to the faucet but offers the ability for clients to mine cryptoassets through their CPU web-browser.

While other faucets are centered around solving captchas and playing games, Althub is designed for background mining to allow users to passively accumulate crypto. The website also operates as a price tracking platform for DOGE and other offered cryptoassets, pulling data in real time from aggregators.

ESFaucet

ESFaucet provides both faucet claiming through the solving of captchas in addition to direct cryptocurrency mining. Similar to other platforms, the faucet utilizes web-browser mining so that users can earn crypto in the background while performing other activities.

ESFaucet also operates a mobile application that users can sign up for to claim from the faucet while on the go. The app has games that payout in crypto depending on the amount of points a user scores. In addition to faucet activities, ESFaucet also runs BTCNews, which provides updates on crypto news and prices.

Choosing a Faucet

Faucets are not a substitute to actually investing in crypto-assets due to the small payouts, but they do provide a simple fast way to start earning tokens. Users should be wary of the minimum amounts required for withdrawing from a faucet, in addition to the required fees. The effort involved in solving captchas or claiming the reward must also be balanced against the actual payout.

These platforms aren't exactly good to accumulate large amounts of cryptocurrency, buit are definitely a plus to start learning more about cryptocurrency and gain experience using it. Even if you already are a cryptocurrency enthusiast, it may be good to try using different cryptos - such as Monero - to understand the space better.

Featured Image Credit: Photo via Pixabay.com