After Bitcoin fell below the previous support level of $60, 103 last night, it plummeted from $60K to around $51K, incurring a loss of around $9, 000 in just four hours and creating the largest reversal report since February. (Read More) …
Category: Mining
mining-miner-mine
Bitcoin Falls to $60K amid a Sharp Drop in Hash Rate and Turkey’s Crypto Payment Ban
Bitcoin dropped below the $61K degree for the first time today due to the decrease in hash power of Chinese mining pools as well as the ban on cryptocurrency for that purchase of goods and providers proposed by the Turkish government. (Read More) …
Despite Market Carnage, This Key Metric Shows Bitcoin Remains Bullish
Bitcoin hasn’t done too hot over the past day. The cryptocurrency, after trending higher and higher throughout all of last week, crashed as low as $8,150 on Sunday, plunging from the $9,200 price point established just 24 hours prior to the low. This strong crash, which comes as bulls were starting to re-enter the market, […]
The Steem Takeover and the Coming Proof-of-Stake Crisis
Steem’s troubles have woken up the crypto world to the inherent vulnerabilities of proof-of-stake-based systems
Ethereum’s ProgPoW Debate Is About Much More Than Mining
The debate over ProgPoW has become a flashpoint for how Ethereum makes big decisions.
Cointelegraph Special Report: Coronavirus and Crypto in China
Cointelegraph interviews professionals working in the cryptocurrency industry in China to asses the effects of coronavirus on the local crypto economy
Bitcoin Hashrate Hits New All-Time-High As Miners Remain Bullish
Bitcoin’s hash rate just hit another new all-time high of 136 EH/s, an indication that miners are not backing out despite the recent selling pressure which led to a slump in the price of BTC last week. Miners Are Bullish On Bitcoin Data on Blockchain.com suggests that Bitcoin’s hash rate has been increasing steadily since […]
Peter Thiel-Backed Startup Says Texas Is the Best Place to Mine Bitcoin
Layer1 is not the only mining company to launch flagship facilities in Texas, with Bitmain and Northern Bitcoin vying for their Texas-based operations to be the largest worldwide
Ukraine Justice System Employee Caught Mining Crypto at Work
The IT staffer is alleged to have illegally mined cryptocurrency and run websites from court administration servers.
Riot’s Stock Dips 5% as It Focuses on Bitcoin Mining Ahead of Halving
Nasdaq-listed Riot Blockchain plans to sell its new crypto exchange business to focus on Bitcoin mining about three months ahead of the halving event
SBI Crypto Subsidiary Partners With Northern Data on Mining Project
SBI Holdings’s subsidiary SBI Crypto is partnering with German tech company Northern Data AG and Texas-based data centers operator Whinstone US Inc
Cryptojacking Protection an Area of Focus for Microsoft’s Edge Browser
As cryptojacking becomes more prevalent, Microsoft Edge developers aim to protect users from having their processing power stolen to mine cryptocurrencies
Ukraine Won’t Regulate Crypto Mining, Government Ministry Says
In a new manifesto, Ukraine’s Ministry of Digital Transformation has indicated it won’t be creating regulations for the crypto mining sector.
Chinese Crypto Mine Stop or Stall Operations Due to Coronavirus Outbreak
A mining farm is forced to shut down and mining companies are being affected by the spread of coronavirus
How the Long Tail of the Coronavirus Might Slow Bitcoin’s Hash Power Growth
The shortage of new mining machines caused by the coronavirus outbreak could curb computing power growth from Chinese miners who contribute over 65% of Bitcoin’s hash power.
Top Graphics Cards That Will Turn a Crypto Mining Profit
These are the top graphics cards for mining crypto in 2020
These Factors May Push Bitcoin Halving Forward by Weeks
In the cryptocurrency industry at least, it’s pretty widely understood that the Bitcoin halving is due to take place in May 2020. However, that might not actually be the case. Surging hash rate and recent mining difficulty adjustments mean that miners will solve remaining blocks quicker than expected. Some analysts are now eyeing the end […]
Zcash Community Approves New Mining Reward Distribution Scheme
The people of Zcash have spoken, approving mining reward changes that will come into play at the coin’s halving in November
Montana Crypto Mine Back in Action Despite Owner’s Uncertain Legal Fate
Montana-based crypto mine CryptoWatt is running once again after significant downtime associated with its previous owner, an alleged fraudster
Fearing Revolt, Roger Ver’s Bitcoin.com Backs Down From Proposed BCH Mining Tax
Roger Ver’s Bitcoin.com backs down from proposed mining tax for BCH
Litecoin Creator Proposes Miners Voluntarily Donate 1% for Development
Litecoin’s creator Charlie Lee proposes mining pool donations as a solution to funding issues
The Evolution of Bitcoin’s Technology Stack
For more than 10 years already, Bitcoin’s innovations have been pushed on all fronts: What are those improvements?
Is Central Asia the New Safe Haven for Crypto Mining Amid Iran-US Crisis?
With cheap electricity and friendly regulation, is Central Asia the new promised land for crypto miners?
Lenovo Using Eco-Friendly Methods to Help Run GoChain Blockchain
Computer giant Lenovo will operate a signing node on GoChain’s blockchain, using eco-friendly methods
A Russian Nuclear Plant Is Renting Space to Energy-Hungry Bitcoin Miners
A state-owned nuclear power plant in Russia may soon fuel a bitcoin mining hub.
Ousted Co-Founder of Crypto Mining Firm Bitmain Opposes Layoffs
Bitmain’s co-founder and biggest shareholder claims he is “firmly opposed to layoffs” at the firm after being ousted by current CEO Jihan Wu
Bitcoin Mining Power Hits Fresh All-Time High
Bitcoin’s hash rate reached record highs this week, amid rising prices and anticipation of the miner reward halving later this year.
Ethereum Block Time Reduced by 25% After Muir Glacier Hard Fork
Ethereum block time decreased by nearly 25% and daily block rewards increased by over 31%
Canaan’s New 5-Nanometer Chips to Escalate ASIC Arms Race With Bitmain
Chinese mining ASIC producer Canaan plans to roll out machines based on 5-nanometer chips in Q1 2020
Lawsuit Shows How a Public Firm’s $80M Bet on Bitcoin Miners Went Terribly Wrong
The legal dispute between bitcoin miner Ebang and Chinese public firm Wholeasy reflects the prolonged magnitude of last year’s market sell-off.
GSR and Interhash to Create Hedging Solutions for Bitcoin Miners
Hedging products for Canaan mining network becoming available in Jan, 2020
GSR Partners With Canaan-Backed Startup to Offer Crypto Miners Derivatives
GSR and Interhash want to help crypto miners hedge their costs with a new series of derivatives products.
Monero Malware Botnet Lurks Behind Taylor Swift JPEGs
The MyKings botnet is aggressively propagating Monero mining malware concealed behind online content that includes Taylor Swift photos, researcher say
Binance Research: Non-Economical Reasons Motivate Bitcoin SV Miners
Research conducted by major crypto exchange binance suggests that the motivation driving Bitcoin SV miners is non-economic in nature
TikTok Has 1st Viral Bitcoin Video as Owner Launches DLT Venture
TikTok records the first viral Bitcoin video after the firm’s owner reportedly launched a blockchain-related venture in China
Chinese Court Freezes $676K in Assets of Bitmain Manufacturing Subsidiary
The Shenzhen Bao’An District Court in China has frozen $676,000 in assets of a Bitmain subsidiary
Bitmain Rival MicroBT’s Founder Arrested in China for Alleged Embezzlement
The arrest, noted by the Shenzhen Nanshan District Prosecutor on Dec. 12 and reported by business publication Caixin on Sunday, comes amid ongoing battles between mining giant Bitmain and MicroBT, which has been a rising competitor this year challenging Bitmain’s market dominance.
From Health Care to Mining, Central Asia Stays on the Blockchain Beat
Crypto and blockchain adoption appears to be gathering steam in Central Asia
Study: China’s BTC Miners Control 66% of Global Hash Rate
Chinese share of global hash rate hits a new record of 66% since 2017, a new study says
Bitcoin Halving, Explained
What is the Bitcoin halving that everyone is talking about? Will it drive the price up? Will miners stick with BTC? Learn all about the pre-scheduled event