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Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners
15.11.2019
Throughout the course of 2019, Iran’s government and the country’s energy officials have been creating new guidelines for bitcoin miners setting up data facilities in the oil-rich nation. On Wednesday, Mostafa Rajabi, a spokesperson for Iran’s Energy Ministry, described a...
WATCH: Coinmine Adds Interest Payments to Its At-Home Crypto Miners
14.11.2019
The company now offers 6.5 percent interest on earnings held in Coinmine wallets
6 Months Before Halving Signs Indicate Bitcoin Miners Are Hoarding
12.11.2019
The great bitcoin reward halvings are coming and many newcomers have not experienced a halving event unless they joined the crypto community prior to 2016. A few speculators believe bitcoin miners and whales are hoarding coins right now until after the adjustment so prices will be driven...
BTC Miners: No More Basement Rigs, Greater Profits to Come
7.11.2019
As Bitcoin firms add to their arsenal, it seems there’s no stopping the BTC mining industry. But is it still profitable in 2019?
Two BitCash Miners Executes 51% Attack on BitCash to Protect the Network
5.11.2019
Two BitCash miners BTC.com and BTC.top executed a 51% attack on the BitCash network to thwart an unknown miner’s transactions. A 51% attack happens when an individual holds a majority of the hash rate. This situation arose because a bug had split the BitCash network causing the hash rate to drop...
Video: Will Bitcoin Crash or Double in Price After the Halving? Miners Have Their Say
1.11.2019
Will the price of bitcoin double or crash during the upcoming halving next year? And how will the mining industry adapt to their revenue stream being cut in half over night? See what professional miners from around the world have to say on the matter. Also Read: US, EU and UK Companies Can Now...
How Bitcoin’s Peer-to-Peer Cash System Was Revealed 11 Years Ago
31.10.2019
On October 31, 2008, on the eve of Halloween, Satoshi Nakamoto published the Bitcoin whitepaper. Since then the revolutionary design of the network has changed the lives of many and has transformed how we look at money today. Also read: China Ranks 35 Crypto Projects as President Xi Pushes...
Bitcoin Thermocap Approaches $15B as Miners Hit $1B in Fee Revenue
31.10.2019
Bitcoin pays out $15 billion to miners since 2009
Livepeer Prepares to Unlock New Way for GPU Miners to Earn Crypto
30.10.2019
By the end of this year, GPU miners could have a fresh new way to earn crypto – using the idle processing capacity of their chips
Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq
30.10.2019
Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters....
Stealth Miners on the BCH Network Attract Scrutiny
28.10.2019
In roughly 17 days, the Bitcoin Cash network will upgrade by adding two new features to the protocol. Meanwhile, prior to the forthcoming changes, a large percentage of the BCH hashrate is being processed by unknown miners. Crypto proponents have been very focused on the hashrate and BCH pool...
Bitcoin Hash Rate Record Highs Shows Miners Are Long-Term Bullish
24.10.2019
Bitcoin price drop not fazing miners, say stats
Bitcoin.com Launches HashRace Promotion to Maximize Miners’ Profits
22.10.2019
Bitcoin.com, the world’s leading resource for cryptocurrency-related products and news, has launched the HashRace, a Bitcoin.com Pool promotion aimed at maximizing profits for its extensive network of Bitcoin mining clients.
The post Bitcoin.com Launches HashRace Promotion to Maximize Miners’...
Next Bitcoin Halving Could Squeeze out Retail Miners, But Jury’s Split on Price
15.10.2019
Bitcoin halvings normally result in price increases. Maybe not this time
Halving and Beyond: What the Future Holds for Bitcoin Miners
12.10.2019
Source: iStock/da-kuk
Reward for mining Bitcoin (BTC) is estimated to halve in May 2020, dropping from today’s compensation of BTC 12.5 to only 6.25. The question is: how will this change the behavior of bitcoin mining companies/pools, and how will the bitcoin mining sector evolve more generally...
4 New High-Powered Bitcoin Miners Revealed
12.10.2019
Bitmain Technologies and Canaan Creative have announced new mining rigs that process roughly 58-73 terahash per second (TH/s). Sources also reveal that Canaan’s initial public offering (IPO) could be listed in the U.S. next month. Also Read: Mining Firm Canaan Creative Secures Hundreds...
Realmx Video Game Officially Launches on Bitcoin Cash
11.10.2019
During the first week of August, the development team Block Hop announced a sandbox video game called Realmx that’s fueled by bitcoin cash. On October 10, Block Hop developers revealed that after “months of development and preparation,” Realmx can now be played on desktop...
Chinese Bitcoin Miners Migrate North After Wet Season
10.10.2019
A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after...
Bitcoin Miners Are About to Rake Historic USD 1 Billion In Fees
8.10.2019
Source: iStock/eclipse_images
The Bitcoin (BTC) blockchain seems to be in its best shape yet as multiple symbolic milestones signal growth and health of the network.
For starts, Bitcoin all-time cumulative transaction fees are approaching a symbolic amount of USD 1 billion. At the same time...
Video Shows $10M Chinese Bitcoin Mining Farm in Flames
1.10.2019
During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic...