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Ethereum Classic Activates Thanos Upgrade, Increasing Access for GPU Miners
30.11.2020
The Thanos upgrade is aimed to allow more miner participation and thus increase security
No need to fear the Bitcoin FUD, says Sino Global Capital
30.11.2020
After a week of gloomy headlines and a brutal price dip, traders would do well to think long term
Hash War: Mystery Miner’s Empty Block Attack Makes ABC’s New Blockchain Almost Unusable
28.11.2020
According to various reports, the Bitcoin ABC pro-IFP chain has been under ‘attack’ for a number of consecutive days now. The mystery miner has been mining a great number of sequential blocks, but almost all of them have been empty. The miner who calls himself...
Another Blow To Bitcoin Miners Comes This Sunday
27.11.2020
Bitcoin (BTC) mining difficulty is expected to rise again in two days, the most since September, cutting into the profit margins of BTC miners right after a strong market correction this week.
Major mining pool BTC.com estimates that the mining difficulty, which is the measure that shows how hard...
Analysts: Institutional Investor Interest Fueling BTC Rally, Liquidity Crunch Narrative Debunked
22.11.2020
Crypto analysts are pushing back against the narrative that the current BTC rally is being fuelled by a liquidity crunch afflicting bitcoin mining pools in China. The liquidity crunch, which is caused by an ongoing regulatory crackdown in that country, has reportedly left miners unable to sell...
Nvidia Posts Record Q3 Earnings, Sales of GPUs to Crypto Miners Reach $175 Million
21.11.2020
Nvidia released its earnings for the third fiscal quarter of 2021 this week, showing better-than-expected results, driven by sales of its graphics processing unit (GPU) chips. The firm reported graphics segment revenue of $2.79 billion for the quarter, beating analyst estimates of $2.1 billion....
US in Crypto Tax Balancing Act, ETH Miners Safe Until Nov. 2021 + More News
20.11.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto tax news
The US Treasury Department has told attendees at the OECD-arranged 2020 Global Blockchain Policy Forum that it is still undecided...
Bitcoin price doubles since the halving, with just 3.4M Bitcoin left for buyers
20.11.2020
The Bitcoin price has doubled since the halving in May, with Chainalysis attributing much of the bullish price action to the insatiable appetite of institutional investors
Majority of Bitcoin Hashrate Signals Support for Taproot Scaling, Privacy Upgrade
19.11.2020
Over 50% of Bitcoin's hashrate now supports the "uncontroversial" upgrade
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...
Bitcoin’s Rally Could Be Caused by a Supply Crunch in China
18.11.2020
Chinese miners are struggling to sell their crypto in ways that would quickly get them much-needed cash in the face of a government crackdown on local exchanges
China’s Crypto Miners Struggle to Pay Power Bills as Regulators Clamp Down on OTC Desks
16.11.2020
Miners in China have reportedly been struggling to pay for electricity after authorities started cracking down on OTC brokers in the country
Hash Watch: The Highly Anticipated Bitcoin Cash Fork Is Now Complete
15.11.2020
The Bitcoin Cash community has been patiently waiting for weeks for the November 15, 2020 upgrade and the day is finally here. Every six months the Bitcoin Cash network upgrades, but this time around, a conflict sparked over Bitcoin ABC’s Infrastructure Funding Plan (IFP). During the course...
S9 Resurrection: Higher Bitcoin Prices Allow Miners to Switch Outdated Mining Rigs Back On
14.11.2020
With bitcoin prices hovering over a certain handle, a great number of old ASIC mining rigs manufactured years ago are starting to become profitable again. Reports indicate that in China, where the average electricity cost is around $0.06 per kilowatt-hour (kWh), miners are starting to leverage...
Bitcoin Rally Supported by More Busy Miners and Lower Fees
13.11.2020
As bitcoin (BTC) rallied, with the trading volume rising as well, the transaction fees moved in the opposite direction as miners turned more of their machines on.
Bitcoin has made quite a move upwards since the beginning of November, with analysts predicting further volatility, but also...
Blockchain Bites: Bankrupted Cred’s Missing Millions, Bitcoin Miners’ Quarterly Losses and More
13.11.2020
The top stories in bitcoin, crypto and more – all in one place
Russia Proposes New Rules and Penalties for Cryptocurrency Owners
13.11.2020
The Russian Ministry of Finance has developed new amendments to the country’s cryptocurrency regulation. The proposal outlines a new set of rules for crypto owners, exchanges, and miners, as well as penalties for undeclared crypto transactions. Russia’s New Crypto Regulation...
Greener pastures: Bitcoin miners now looking beyond Chinese borders
12.11.2020
Chinese crypto miners migrate seasonally from the southern regions in search of cheaper electricity. But is it always due to the climate?
Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners
12.11.2020
Reports say the Venezuelan state electricity company Corpoelec is disconnecting bitcoin mining farms in Carabobo state on orders from authorities. The power disconnections come amid reports that government and Corpoelec officials are planning to meet mining farm operators. According to one report...
Bitcoin Hashrate Rebounds as Asian Miners Bring Machines Back Online
11.11.2020
After moving machines out of Sichuan, miners are bringing ASICs back online