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China's Dominance in Bitcoin Mining Dropped Amid Growing Competition
7.5.2020
Chinese Bitcoin (BTC) miners' share in Bitcoin's hashrate, or the computational power of the network, shrunk this year when hashrate jumped by 25%, while the US returned to second place, according to the Bitcoin Mining Map created by the Cambridge Centre for Alternative Finance (CCFAF).
The...
65% of Global Bitcoin Hashrate Concentrated in China
7.5.2020
A new bitcoin mining map by the University of Cambridge shows that China accounts for 65% of the world’s hash power. About half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.76% of the global total. Launched recently,...
Cambridge University Releases New Tool for Tracking Global Bitcoin Mining Power
7.5.2020
Cambridge University's Centre for Alternative Finance has released a bitcoin mining map, showing where bitcoin miners are located worldwide
Bitcoin Node Count Falls to 3-Year Low Despite Price Surge
6.5.2020
The number of Bitcoin nodes fell to its lowest level in almost three years, according to data calculated by one prominent Bitcoin developer
Recap of Cointelegraph Talks: Bitcoin's Block Reward Halving
5.5.2020
Industry leaders from Bitfinex, Poolin mining and TradeBlock research briefed a number of timely topics, including halving effects on Bitcoin amid COVID-19 uncertainty
A Trader’s View on the Bitcoin Halving and Coronavirus
5.5.2020
The last time the block reward for Bitcoin mining was halved was in July 2016. Since then, the crypto marketsContinue Reading
The post A Trader’s View on the Bitcoin Halving and Coronavirus appeared first on CoinMarketCap Blog
Iran Issues License for Nation’s Biggest Bitcoin Mining Operation
5.5.2020
A Turkish firm has been granted a license to operate a data center with up to 6,000 bitcoin mining machines
Bitcoin Mining Difficulty Nears All-Time High in Final Adjustment Before Halving
5.5.2020
Bitcoin mining difficulty increased to 16.10 trillion (T) on Tuesday, close to the network’s all-time high of 16.55 T recorded in March
Iran Licenses $7.3 Million Bitcoin Mining Enterprise, Move Aimed at Easing U.S. Sanctions
5.5.2020
Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH/s) in total. According to media reports, the miner has spent $7.3 million setting up the mining facility, located...
New Season of 'Billions' Opens With Bitcoin Mining Bust
4.5.2020
Crypto fans have been discussing actively on social media about the new Bitcoin-related episode of “Billions” series
US Court Dismisses Lawsuit Over Riot Blockchain’s Crypto Pivot
4.5.2020
A U.S. judge has dismissed a lawsuit alleging the firm changed its name to include "blockchain" in 2017 to boost its share price
Bitcoin Hash Rate Tag Hits New Record 8 Days From Halving
4.5.2020
Bitcoin’s hash rate has set a new record just eight days from the halving and six weeks after crashing by 40% over two weeks
Binance Pooling Up Mining Game Amid Centralization Concerns
2.5.2020
Does Binance’s venture into mining threaten the integrity of blockchain systems?
Bitcoin Miners Usually Create 6 Blocks per Hour. They Just Banged Out 16
1.5.2020
In a significant deviation from the norm, bitcoin miners just produced 16 blocks in 63 minutes
37% Expect Bitcoin's Hashrate to be Higher After Halving: Poll
30.4.2020
About 37% of the crypto community expects BTC’s hashrate to be higher 1 month after the block halving than it currently is
Older Mining Machines Turn Profitable Again as Bitcoin Rises Ahead of Halving
30.4.2020
Older mining models can now earn 10-20% gross margins after bitcoin’s price jumps to two-month highs
London Bitcoin Miner Argo Blockchain Reports 1,000% Revenue Increase to $10 Million
30.4.2020
London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8.62 million ($10.78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented...
Chinese Kennel Owner Caught Stealing Electricity to Power Underground Bitcoin Mining Farm
29.4.2020
The largest oil field in the People’s Republic of China has been a target for individuals and organizations attempting to mine bitcoins with free electricity. After a bunch of mining farm operators allegedly got caught last summer, a dog kennel owner was recently busted for running cable...
1 Cent per Kilowatt-Hour: China’s Sichuan Province Encourages Hydro-Powered Bitcoin Mining
29.4.2020
The local government of Ya’an city, in China’s Sichuan province, has announced the region is encouraging bitcoin mining in Sichuan if operations leverage the local hydropower plants. The document released by Ya’an city officials is in stark contrast to how Sichuan lawmakers felt...
Chinese Officials Support Renewable Energy-Powered Cryptocurrency Mining
28.4.2020
The Chinese city of Ya’an plans to encourage local mining operations powered by its hydroelectric electricity generation facilities