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OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away
19.11.2020
Bitcoiners on social media have panned remarks by acting U.S. currency comptroller Brian Brooks that bitcoin is owned by China due to the country’s disproportionate share of the crypto’s mining power. The bitcoiners argue that the disproportionate number of miners stationed in China...
Listed firm sells $14M of shares for 1 EH/s in Bitcoin mining power
12.11.2020
A U.S.-based mining firm has inked agreements with foreign investors to issue $13.9 million in shares in exchange for Bitcoin miners pushing 1 EH/s in hash power
Bitfarms Signs a Deal That Cuts Bitcoin Mining Power Costs in Half
27.10.2020
Blockchain infrastructure company Bitfarms said it has signed a beneficial mining deal in South America, with a lower power cost that they said 'revives' older mining machines and cuts the electricity costs in half.
Bitfarms, which provides computing power to cryptocurrency networks such...
Altcoins Account for One Third of Total Crypto Mining Power Usage
7.8.2020
An analysis of the 20 largest crypto assets by market cap determined that Bitcoin mining accounted for only 66% of total power consumption
Researcher: Exchanges Could Fight Hackers By Renting Mining Power
9.7.2020
A researcher suggested that exchanges could “rollback” hacks by renting mining power from online marketplaces
Cambridge University Releases New Tool for Tracking Global Bitcoin Mining Power
7.5.2020
Cambridge University's Centre for Alternative Finance has released a bitcoin mining map, showing where bitcoin miners are located worldwide
Market Wrap: Bitcoin Edges Up to $7.7K as Mining Power Rebounds
28.4.2020
Bitcoin’s price is on the upswing, and so is the computing power securing the network as a once-in-four-years event known as the halving approaches
Bitfury Latest to Donate Crypto Mining Power to Coronavirus Research
1.4.2020
Bitfury has dedicated its GPU miners to the Folding@home project, which is studying the novel coronavirus in hopes of developing a vaccine
Bitcoin Mining Power Hits Fresh All-Time High
6.1.2020
Bitcoin's hash rate reached record highs this week, likely as some miners scale up operations ahead of the reward halving event later this year
2019’s Bitcoin Miners Are 5x Faster Than Predecessors
13.12.2019
High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their...
Litecoin’s Mining Power Tanks to Lowest in Year Following Price Plunge
4.12.2019
Litecoin’s price plunge in recent months has whittled away the profitability of mining the cryptocurrency, leading to a shakeout among operators
Bitcoin Mining Power Sees Short-Term Drop as Rainy Season Ends in China
1.11.2019
After sustained growth over the past three months, bitcoin's mining power has dropped with a seasonal falloff in hydropower output in China
Bitcoin Mining Power Hits New High as Half a Million New ASICs Go Online
16.9.2019
The computing power dedicated to mining bitcoin has hit yet another new high, suggesting that as many as 600,000 machines have come online since June
Litecoin’s Mining Power Has Fallen 28% Since Its Block Rewards Halving
23.8.2019
Mining power on the litecoin network has dropped by 28 percent since its recent "halving" event as miners struggle for profit
Grin Network Executes First Hard Fork in Bid to Decentralize Mining Power
17.7.2019
Wednesday's planned system upgrade for the Grin blockchain tweaked a mining algorithm