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Bitmain’s Power Struggle Takes Toll on Customers as Co-Founder Halts Shipments
11.6.2020
Like the employees forced to choose sides, Bitmain customers have been caught in the middle of the power struggle at the No.1 bitcoin miner manufacturer
Illegal Miners in Russia Stole $6.6M-Worth of Electricity, Power Grid Firm Says
8.6.2020
Electricity thieves built their own illicit power stations to connect hidden mining farms with the local energy grid, a state-owned provider says
Bitcoin Hashrate Spikes to 120 Exahash: Difficulty Drops Allowing Miners to Rejoin the Competition
7.6.2020
The Bitcoin hashrate is up this weekend after the network experienced it’s fourth negative difficulty adjustment this year. The Bitcoin (BTC) protocol’s difficulty adjustment dropped over 9% on June 4, giving miners who shut off their machines a chance to join the competition once...
‘Bullish’ — Struggling Miners Done Selling Their Bitcoin, Says Analyst
6.6.2020
Bitcoin’s Miner Outflow Multiple shows that buoyant miners are keeping their coins and weaker players have none left to sell, argues Tuur Demeester
Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China
4.6.2020
China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities for cheap hydro-powered electricity. Testimonials also show that 64 mining operations in the prefecture in Yunnan...
Miners Are Selling More of Their Bitcoin. That May Actually Be Bullish
3.6.2020
The conventional wisdom could be challenged because miners mainly operate on cash, meaning they need to liquidate their holdings almost daily to fund the cost of mining
Bitcoin Upgrade, Pu’er on Blockchain, Underground Miners + More News
3.6.2020
Pu'er tea. Source: Adobe/昊 周
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Bitcoin news
Bitcoin Core version 0.20.0 has been released and is now ready for launch. Per...
Relief to Bitcoin Miners as Double-digit Difficulty Adjustment In Sight
3.6.2020
With the second post-halving bitcoin (BTC) mining difficulty adjustment set to occur shortly, miners might once again breathe a sigh of relief after the previous such event also made life easier for players in the highly competitive industry.
This time, difficulty, a measure showing how hard it...
Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO
2.6.2020
Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company is working with Canaan Creative to build a new crypto miner
Miners Have Been Selling More Bitcoin Than They Generate, Recent Data Suggests
1.6.2020
Last week, Bitcoin miners reportedly sold 11 per cent more coins than they generated over the same period
Bug in ‘Timelocked’ Bitcoin Contracts Could Spur Miners to Steal From Each Other
1.6.2020
A widespread bug has compromised a special type of bitcoin transaction that is supposed to discourage miners from cheating, new research shows
Antonopoulos: Drop in Oil Prices Give US Miners a Competitive Edge
1.6.2020
Crypto miners based in the United States will greatly benefit from the falling electricity prices worldwide, says Andreas Antonopoulos
Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash
30.5.2020
Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on...
South Korean Crypto Tax ‘Coming Next Year for Traders, Miners & ICOs’
27.5.2020
South Korean ministries have pledged to impose tax on cryptocurrency trading and crypto mining “from next year.”
Per reports from E Daily and Decenter, the Ministry of Economy and Finance is preparing to make an amendment to the existing Income Tax Act that will include clauses about taxing...
Miners, Gaps and a Giant Short: 5 Things to Know for Bitcoin Price Now
25.5.2020
A basket of bearish signals suggests further problems for BTC/USD, but a higher CME futures gap is among the causes for hope this week
Bitcoin Miners Will Use Derivatives Like Traditional Commodity Producers
23.5.2020
Miners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty
Iranian President Calls for Launching a Cryptocurrency Mining Strategy
23.5.2020
Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. On May 20, 2020, Iran’s...
Bitcoin Hashrate Slides 33% Since Halving – Difficulty Drops, Issues in Sichuan China
22.5.2020
It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. With more than 33% of the hashrate lost, reports stemming from Sichuan China indicate that...
Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving
20.5.2020
Bitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees going forward. According to data from Coinmetrics, miners have collected...
Bitcoin Miners To Experience First Post-Halving Difficulty Adjustment
18.5.2020
The first post-halving Bitcoin (BTC) mining difficulty adjustment is tomorrow, and it's likely bringing much-needed relief to BTC miners that experienced their third pay cut a week ago.
Just six days ago, following the historic third halving of BTC mining reward - lowering the block subsidy from...