Search
Blockchain Bites: Binance’s Bitcoin Mining, ConsenSys’ Legal Trouble and Why Politicians Blame Twitter, Not Bitcoin
17.7.2020
Binance will consolidate its bitcoin mining, ConsenSys is accused of intellectual property theft and Wonder Woman's illustrator will sell art on Ethereum
Miner Hoards: Q2 Bitcoin Mining Supply Outflow Touches 12-Month Low
17.7.2020
Onchain data shows that bitcoin miners are hoarding despite the 50% loss in revenue that started on May 11, during the third reward halving. The seven-day average of bitcoin miners’ outflow volume and mining funds sent to exchanges remains significantly low. Roughly four weeks ago on June...
China Controls 50% of Bitcoin Mining While US Hits 14% — New Survey
17.7.2020
Shifting estimates of China’s Bitcoin mining presence come with the proviso that much capacity remains “unaccounted for.”
Binance Pool Poised to Grab More Bitcoin Hash Rate in Russia and Central Asia
17.7.2020
Binance is looking to consolidate more bitcoin mining hashrate to its pool in Russia and the Central Asia region
Iran Licenses 14 Bitcoin Mining Farms, Cuts Electricity Tariff up to 47% for Miners
14.7.2020
Iran has reportedly issued permits for 14 bitcoin mining farms and will cut up to 47% off of the electricity tariff in order to support authorized cryptocurrency mining centers. Crypto miners will soon have to register with the government. Iran Licenses More Crypto Mining Farms The Islamic Republic...
Fidelity Acquires 10% Stake in Bitcoin Mining Firm Hut 8
14.7.2020
The giant fund manager Fidelity International holds roughly 10.6% stake in the bitcoin mining company Hut 8. For six years now, Fidelity, the firm that currently manages $300 billion on behalf of its customers, has been mining the cryptocurrency bitcoin. In May 2017, news.Bitcoin.com reported...
Bitcoin Difficulty Touches All-Time High, 120 Exahash of Hashpower Remains Strong
13.7.2020
The network difficulty for the Bitcoin network spiked over 9.8% on Monday bringing the difficulty to its highest point ever. The record high of 17.35 trillion makes it much harder for bitcoin miners to profit. However, the overall Bitcoin network hashrate has remained consistently above the...
Bitcoin Mining Difficulty Hits Record High of 17345948872516.06
13.7.2020
Just two months after May’s Bitcoin halving event, both hash rate and difficulty have shrugged off post halving dips to hit new all-time highs
Telcos Trial Blockchain, Fidelity & Bitcoin Mining, UK Mulls CBDC + More News
13.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
Three major telcos, Deutsche Telekom, Telefónica, and Vodafone said they have finalized a trial automated settlement of roaming...
Fidelity International Doubles Stake in Bitcoin Mining Firm Hut 8
13.7.2020
Billion-dollar fund manager Fidelity International is betting big on rebounding fortunes for the listed bitcoin miner Hut 8
Bitcoin Mining Difficulty Sets New Record High 2 Months After Halving
13.7.2020
Two months after the network's halving event, it's harder than ever to mine bitcoin
Bitcoin Mining Difficulty Set For New All-Time High. What Comes Next?
10.7.2020
A crypto mining farm. Miners' machines seem to be on and hard at work as mining Bitcoin (BTC) is about to get more difficult - reaching a brand new all-time high, thus increasing operational costs to mine the coin. Two industry players weighed in on what might come next.
Bitcoin mining...
Romanian Programmer Admits Conspiring to Create $722M Bitclub Ponzi Scheme
10.7.2020
A Romanian man admitted Thursday to conspiring to engage in wire fraud and selling unregistered securities linked to Bitclub Network, a cryptocurrency mining Ponzi scheme worth at least $722 million. Silviu Catalin Balaci, 35, a Romanian citizen appeared before U.S. District Judge Claire C. Cecchi....
Kazakhstan Sets Eyes on Top-3 Spot for Global Bitcoin Mining
10.7.2020
The post-Soviet country’s cheap electricity has been attracting Bitcoin miners, but will it manage to elbow out Russia and the United States?
Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police Extortion
9.7.2020
The Venezuelan military has seized 315 Bitmain Antminer S9 bitcoin mining rigs it claims are not properly registered to operate in the country. Although cryptocurrency mining is legal in Venezuela, miners say they have been unfairly treated, citing illegal seizures of mining equipment and police...
Bitcoin Miner Maker Canaan Drops 3 Directors in Possible Boardroom Coup
9.7.2020
Sources speaking to Chinese media said a dispute at Canaan Creative has led to a power grab by now-Executive Director Nangeng Zhang
BTC Rush: High Prospects for Bitcoin Price as Mining Investments Boom
9.7.2020
Fresh investments into mining equipment by smaller companies signals an optimistic outlook for the future of Bitcoin
Venezuelan Authorities Seize Over 300 Bitcoin Mining Machines
8.7.2020
Venezuelan authorities confiscated 315 Bitcoin mining systems
Venezuelan Soldiers Stop Truck Full of Antminer 9 Bitcoin Mining Rigs
8.7.2020
The intercepted truck. Source: Twitter/@GNB_CZBolivar
The Venezuelan military says it has intercepted a truck full of 315 cryptocurrency mining rigs.
Per a tweet from the army’s official account, which also posted photos of the Chevrolet 350 truck – and its illegal cargo – the driver was unable...
Iran Gives Crypto Miners One Month to Register With the State
6.7.2020
The government wants to "eliminate the confusion of cryptocurrency activists" with its call for mass mining registration