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All About WAVE – Mainnet Release, Token & Exchange Listing


Disclaimer: The text below is a press release that was not written by Cryptonews.com. © What is the blockchain? Whilst the technology sitting behind Blockchain is rather complex, the principle foundation is quite simple: A Blockchain is a growing list of records that include time and transaction...

South Korean Blockchain Patents Applications ‘Surging’


Blockchain technology-related patent applications surged in South Korea last year, and appear to be rising further this year in wake of the coronavirus pandemic. Per the Korean Intellectual Property Office (KIPO), a total of 1,301 blockchain patents were registered in the country last year, a rise...

Multibillion Investor Doubles Down on Bitcoin Mining


US-based multibillion investment manager Horizon Kinetics (HK) just doubled down on its Bitcoin (BTC) mining strategy. After tripling the number of miners it hosts with Core Scientific (CS), a US-based blockchain hosting provider, HK has now agreed to upgrade the miners to the Antminer S19 and...

Bitmain Unveils Cheaper T19 Bitcoin Miner to Regain Lost Market Share


Bitmain on Monday released the Antminer T19, a cheaper bitcoin mining machine, in an effort to regain lost market share. The Beijing-based company said the Antminer T19 has computing power or hashrate of 84 terahash per second (TH/s) and power efficiency of 37.5 joules per terahash (J/TH)....

45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving


On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are...

More Than $220M in Bitcoin Withdrawn from Crypto Exchanges Since the Halving


In mid-April, news.Bitcoin.com reported on a great number of BTC withdrawn from cryptocurrency trading platforms and after the third BTC halving, the trend has picked up once again. Data from Glassnode’s Bitcoin Exchange Net-Flow statistics show that close to 24,000 BTC has been withdrawn...

Bitcoin’s Third Halving: Survey Shows 50% of Miners Expect a Price Increase


The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate...

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