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Ticker Tool Uses the BCH Blockchain to Provide Reliable Rate Data
3.1.2020
Instantly verifiable, unhackable and forever retrievable are some of the key features of information stored on a blockchain. These are also the characteristics that traders of various assets, commodities and currencies would appreciate when it comes to the price data they are using. The team behind...
Debate Ensues After 68% of BCH Hashrate Mined by Stealth Miners
31.12.2019
2019 was known for the growing trend of stealth miners mining on the BTC and BCH network. On Dec. 30, data shows that 68% of the Bitcoin Cash network’s hashrate is being mined by mystery miners. As the year comes to an end, the large number of unknown BCH hashrate has attracted scrutiny. Also...
Chinese Bitcoin Miners Pressured to Scale Down Due to Electricity Shortages
30.12.2019
Chinese Bitcoin mining farms feel pressure from local authorities to scale down their mining operations during the dry season
Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season
28.12.2019
Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies. Two hydropower...
Bitmain and Canaan to Reveal 5nm Bitcoin Mining Chips in 2020
27.12.2019
Two of the largest bitcoin mining chip manufacturers have plans to equip their products with 5nm chips in the near future. Just recently, China-based manufacturer Bitmain purportedly produced the world’s first 5nm test-grade bitcoin mining chip and more efficient mining rigs will see mass...
Chinese Police Clamps Down Fraudulent Bitcoin Miners and Scammers
25.12.2019
In a major clampdown, the police forces hailing from Tangshan city, China have confiscated 6,890 bitcoin rigs operating in the region, stated the report furbished by the China Central Television, the state broadcaster on Monday. The report suggested that the strict action was a joint effort...
Chinese Police Seize Thousands of Miners, Arrest Dozens of Scammers
25.12.2019
In the last couple of days, Chinese media have reported on police forces in one province of the vast Asian country seizing close to 7,000 mining rigs using stolen electricity and in another province arresting 72 multi-level marketing scheme operators for alleged fraud. Also Read: Chinese Regulators...
Lawsuit Shows How a Public Firm’s $80M Bet on Bitcoin Miners Went Terribly Wrong
23.12.2019
The legal dispute between bitcoin miner Ebang and Chinese public firm Wholeasy reflects the prolonged magnitude of last year's market sell-off
Fortress Renews Offer to Buy Mt Gox Claims for $778 per Coin
21.12.2019
According to reports, the New York-based private equity firm Fortress is offering Mt Gox creditor claims at $778 per coin. The offer is 13.5% lower than what Fortress offered in July and Mt Gox claimants have until December 31 to accept the offer. Also read: Reports Criticize Bitcoin SV Miners...
GSR and Interhash to Create Hedging Solutions for Bitcoin Miners
20.12.2019
Hedging products for Canaan mining network becoming available in Jan, 2020
Reports Criticize Bitcoin SV Miners and the Chain’s Upcoming Fork
20.12.2019
In the last two days there have been two critical posts published against the Bitcoin Satoshi’s Vision network (BSV). On December 17, Binance Research published an allocation mining report that analyzed the mining activities of BTC, BCH, and BSV and the research detailed that BSV miners...
GSR Partners With Canaan-Backed Startup to Offer Crypto Miners Derivatives
20.12.2019
GSR and Interhash want to help crypto miners hedge their costs with a new series of derivatives products
Binance Research: Non-Economical Reasons Motivate Bitcoin SV Miners
18.12.2019
Research conducted by major crypto exchange binance suggests that the motivation driving Bitcoin SV miners is non-economic in nature
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...
Study: China’s BTC Miners Control 66% of Global Hash Rate
11.12.2019
Chinese share of global hash rate hits a new record of 66% since 2017, a new study says
Ethereum Ice Age May be Imminent If Miners Withdraw From Network
11.12.2019
What are the three most critical negative consequences of Ethereum’s difficulty bomb explosion, and what’s the way out?
Bitcoin History Part 21: Miners Pour One out for Satoshi
10.12.2019
There are a few ways of looking at bitcoin mining. As an ostensibly selfish enterprise, wherein miners are seeking to extract precious coins for profit. And as a community of individuals who envisage a better way of generating, handling and using money, and are motivated to secure the Bitcoin...
Bitcoin Mining Operations Offer New Strategies Before Reward Reduction
10.12.2019
As the reward halving approaches, bitcoin miners are preparing new strategies so customers can reap the most profits from their hashrate services. On December 3, the mining operation Poolin introduced a hashrate auto-switch feature so clients can automatically switch between BTC and BCH mining....
Death Spirals and BTC — What Happens When Miners Capitulate?
8.12.2019
If small mining facilities begin to capitulate by the year’s end, will BTC struggle to recover in the first quarter of 2020?
Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit
1.12.2019
Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $0.12 per kWh are profiting at current prices. Of course, miners from China and other regions pay far less per kWh...