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Bitcoin Mining Difficulty Jumps, SEC Boss Leaves Early + More News
16.11.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Mining news
Today, Bitcoin (BTC) mining difficulty, which is the measure that shows how hard it is to compete for mining rewards, increased...
$2.3B in Bitcoin exchange outflows dwarfs the amount of new BTC mined
16.11.2020
Bitcoin exchange reserves dropped from 2.5 million to 2.355 million in the past month as around 145,000 BTC, worth $2.35 billion, moved out of exchanges
The rise of major Bitcoin mining institutions is inevitable
15.11.2020
2020 marks a new era for mining institutionalization, bringing with it both benefits and challenges
China’s leadership in the Bitcoin mining industry will be challenged
14.11.2020
China has a lot of advantages in the Bitcoin mining industry, though it won’t last forever, as more countries are entering the space
S9 Resurrection: Higher Bitcoin Prices Allow Miners to Switch Outdated Mining Rigs Back On
14.11.2020
With bitcoin prices hovering over a certain handle, a great number of old ASIC mining rigs manufactured years ago are starting to become profitable again. Reports indicate that in China, where the average electricity cost is around $0.06 per kilowatt-hour (kWh), miners are starting to leverage...
Marathon Reports Record $835K Quarterly Mining Revenue, Increased Bitcoin Holdings
12.11.2020
Marathon is holding more bitcoin on its balance sheet than ever before
Hut 8 Mining Revenue Drops 43% in Q3 Despite Hash Power Increase
12.11.2020
Hut 8 mining revenue has fallen for 5 consecutive quarters
A New Bitcoin Mining Pool Claims It Has Tools to Censor Blockchain Transactions
12.11.2020
A blockchain and technology company claims its new bitcoin mining pool is embedded with tools that enable the pool to censure transactions in the blocks they mine. According to a statement issued by the DMG, the parent company to Blockseer mining pool, this ability allows the latter...
Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners
12.11.2020
Reports say the Venezuelan state electricity company Corpoelec is disconnecting bitcoin mining farms in Carabobo state on orders from authorities. The power disconnections come amid reports that government and Corpoelec officials are planning to meet mining farm operators. According to one report...
Listed firm sells $14M of shares for 1 EH/s in Bitcoin mining power
12.11.2020
A U.S.-based mining firm has inked agreements with foreign investors to issue $13.9 million in shares in exchange for Bitcoin miners pushing 1 EH/s in hash power
‘Slippery slope’ as new Bitcoin mining pool censors transactions
12.11.2020
The launch of a new 'censored' mining pool has some Bitcoiners worried its a harbinger of things to come
World Economic Forum calls blockchain key to sustainable digital finance
11.11.2020
A new WEF report touts blockchain technology as a cornerstone of environmental sustainability
Bitcoin Hashrate Rebounds as Asian Miners Bring Machines Back Online
11.11.2020
After moving machines out of Sichuan, miners are bringing ASICs back online
Bitcoin fees plummet as mempool clears to zero
11.11.2020
Reduced mempool activity not only results in reduced fees but gives users a chance to perform transactions that may not otherwise be practical
Riot Blockchain Mined 224 Bitcoins in Q3
10.11.2020
Riot reported a current mining capacity of 556 peta hash per second
Hive Blockchain Buys, Deploys 1,240 Bitcoin Mining Machines, Nearly Doubling Hash Power
6.11.2020
The Vancouver firm is targeting 1,000 PH/s in the next 12 months
Bitcoin miner revenue surges to pre-halving levels
6.11.2020
Miners are likely starting to sell some BTC at this point
Iran Adopts Bitcoin for International Trade Amid Heavy Sanctions, Falling Rial, Soaring Inflation
6.11.2020
The Iranian government has adopted bitcoin for international trade as the country’s economic crisis deepens, with rising Covid-19 cases, depreciating rial, and intensifying sanctions imposed by the U.S. government. Iran’s Economic Troubles Magnified Iran is undergoing a severe economic...
Crypto mining is now drawing in the world’s top renewables producers
5.11.2020
At what point will greening crypto energy consumption be enough?
Russian Hydropower Giant Opens Bitcoin Mining Farm
5.11.2020
En+, one of the world's largest energy producers, is joining forces with crypto firm BitRiver to open new mining farms in Russia