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BTC Hashrate Follows Price Drop – 20% Lower Before Bitcoin Halving

16.3.2020
Four days ago, digital currency markets lost billions and prices sank to levels not seen since last March. The market bloodbath has affected bitcoin miners as they are making fewer profits than they were a week prior. By Monday, March 16, BTC’s hashrate slid below the 100 exahash (EH/s)...

NVIDIA Calls on GPU Miners to Combat Coronavirus

16.3.2020
The U.S. chip manufacturer launched a proposal to relocate unused GPU power to support COVID-19 research

Price Drop Casts Pall Over Bitcoin Miners’ Equipment Upgrades

16.3.2020
Bitcoin miners spent $500M+ over the past six months preparing for May’s “halving”. Last week’s price crash means they may wait longer for the payoff

Bitcoin Cash IFP Debate: ABC Kicks Off Fundraiser, 3 Mining Pools Signal BCHN Support

15.3.2020
During the first week of March, there were prominent discussions concerning the recently announced infrastructure funding proposal (IFP). However, a number of crypto participants are focused on the market carnage and the possibility of a global recession. After the new full node project published...

Court Backs County for Electricity Price Hike Targeting Crypto Mining

14.3.2020
A Washington court has sided against six crypto mining entities who sued Grant County for upping the electricity prices it charged to “emerging industries” in 2018

How to Track, Get and Set the Best Transaction Fees with Bitcoin and Bitcoin Cash

14.3.2020
Once set up with a bitcoin or bitcoin cash wallet and some coins, using and sending them is pretty easy. Part of this process involves paying a transaction fee, which is a small amount of coin included in a transaction incentivizing miners to work the tx into a block. Both BTC and BCH transactions...

Bitcoin Options Volume Sets Record as BTC Miners Hit Breakeven Cost

10.3.2020
Bitcoin is now sitting at miner production cost as options volumes skyrocket to $200 million per day

Bitcoin’s Plunge Was Foreshadowed by Miner Inventory Data

9.3.2020
Bitcoin’s recent price drop has caught many investors off guard. However, a key metric showing worry among the miners gave a warning several weeks ago

Bitcoin Hashrate, Mining Difficulty Hit New Highs and Inefficient Miners

9.3.2020
As Bitcoin (BTC) mining difficulty and hashrate hit new highs, less efficient miners, hurt by the virus outbreak, new-generation rigs, and falling BTC prices, may be out of business. Bitcoin mining difficulty, a measure that shows how hard it is to compete for mining rewards, has hit yet another...

Industry Execs Claim Freshly Minted ‘Virgin Bitcoins’ Fetch 20% Premium

8.3.2020
A few blockchain surveillance companies like Cyphertrace have recently published reports on criminal activities tied to bitcoin usage and the studies mentioned the topic of “virgin bitcoins.” According to industry executives, freshly minted bitcoins with no transaction history can sell...

Bitcoin Mining Rig Manufacturer Canaan Sued – Accused of Misleading IPO Investors

7.3.2020
Bitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U.S. securities laws before its initial public offering (IPO). Phillippe Lemieux, a Canaan investor, filed a class-action lawsuit that claims the company violated the Securities Act of 1933. Lemieux believes Canaan...

$65M Investment Fuels Natural Gas Provider’s ‘Behind-the-Meter’ Bitcoin Mining Operation

5.3.2020
On Thursday, a natural gas-based power plant in Dresden, New York, Greenidge Generation LLC, revealed the energy provider has the capacity to mine around $50,000 worth of bitcoins (5.5 BTC) every day. The 65,000 square-foot natural gas utility plant was upgraded when the firm installed 7,000...

Bitcoin Hash Rate Passes Record 150 Quintillion as Price Reclaims $9K

5.3.2020
Bitcoin price is the least of miners’ worries as hash rate gets a record boost this week

Bitcoin Mining Investment Strong – BTC Hashrate Surpasses All-Time High

2.3.2020
On Monday, March 2, miners processing blocks on the BTC network surpassed the network’s all-time high as the overall hashrate touched 136 exahash (EH/s). The record-breaking achievement happened despite the price of BTC dropping below the $9K region throughout the course of the last week....

Bitcoin Hash Rate Hits New All-Time High as Miners Shun Price Drop

2.3.2020
Miners appear more confident in Bitcoin than ever as hash rate circles a record 137 quintillion hashes per second

Microsoft Updates Edge Browser to Protect Against Illicit Crypto Miners

28.2.2020
Later versions of Edge can now be set to block downloads of malicious mining apps

Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit

27.2.2020
On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110 trillion hashes per second (TH/s). The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster...