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Bitcoin Mining Difficulty Is Set to Drop to June 2020 Level This Weekend
16.7.2021
Bitcoin mining rigs. Bitcoin (BTC) mining difficulty is set for another notable drop this weekend - this one dragging it down to the June 2020 level.
Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, is expected to drop around 6% in less than two days,...
Shanghai Man: Crypto media closes, bad news just repeats, mining laws are beneficial?
16.7.2021
With government officials trying to clean up the image of China prior to the start of the Winter Games, miners are leaving in droves and media group Bishijie has been forced to close down
Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US
15.7.2021
Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners from China to the United States. Bit Digital says after the Chinese government’s...
University of Cambridge Bitcoin Mining Map Shows China’s Hashrate Dropped to 46%
15.7.2021
After the researchers from the Cambridge Bitcoin Electricity Consumption Index (CBECI) project said that the website’s “Bitcoin Mining Map” had not been updated since April 2020, the map has finally been updated. Current data from the mining map shows the coverage goes all the...
Compass Mining Partners With Oklo to Power Bitcoin Mining Operations With Advanced Fission
15.7.2021
Bitcoin mining firm Compass Mining announced the company has entered a 20-year partnership with Oklo Inc., a California-based firm that produces clean, emission-free energy via advanced fission. Oklo explains the company is committed to providing 150 megawatts (MW) of clean power to Compass...
China’s Bitcoin hash power fell before the crackdown: Cambridge data
15.7.2021
Cambridge research shows that China’s Bitcoin mining power fell by 40% before the crackdown, while the United States’ hash power has quadrupled
Bingbon Adds Ruble, Hryvnia, and Tenge Support in Bid to Expand Geographical Presence
15.7.2021
A tie-up between payment processor Advcash and Bingbon will help the social cryptocurrency trading exchange extend its services to Ukraine, Kazakhstan, and Russia through a newly introduced fiat on and off-ramp. Eastern European Fiat Support Echoes Regional Crypto Adoption Outside of North America...
Green BTC miner Bitfarms’ production up 50% after China ban, as Compass goes nuclear
15.7.2021
Bitfarms is producing more BTC at a lower cost due to the drop in difficulty
Internet Company The9 Reveals Hosting Partnership With Russian Bitcoin Miner Bitriver
14.7.2021
During the first week of April, the publicly-listed gaming and internet company The9 Limited revealed its intentions to purchase 2,000 Avalonminers from the manufacturer Canaan. On Monday, The9 announced it has signed a hosting agreement with the Russian-based firm Bitriver as the company will...
Record low Bitcoin velocity suggests BTC may ‘move to the downside’
14.7.2021
Weekly Bitcoin transactions and velocity hit record lows, leading one analyst to suggest that even with BTC stable at $33,000, further downside could ensue
Exchange Providers Halt BSV Services as Mining Pool Captures 78% of BSV Network Hashrate
14.7.2021
The cryptocurrency community has been discussing the Bitcoinsv network as a mining pool called Taal has well over 51% of the hashrate. Data from the analytical crypto website Coin Dance shows the mining pool Taal commands over 78% of the network’s hashrate during the last 24 hours....
Greenidge Joins Foundry USA, Deal Gives Bitcoin’s Fifth-Largest Pool 800 Petahash
14.7.2021
Greenidge Generation Holdings Inc., the mining firm based in Upstate New York, has announced the company has partnered with the Digital Currency Group mining and staking subsidiary Foundry Digital LLC. Furthermore, Greenidge revealed that it has purchased 2,300 Microbt-manufactured Whatsminer M30S...
China’s Anhui Province to Shut Down Crypto Farms as Grid Operator Issues Closure Notice, Reports
14.7.2021
Anhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province is going to shut down all mining facilities due to power supply shortages, according to local media. Another source revealed that the state-run network operator has issued a closure notice...
Bitcoin mining ban an easy decision for China, says Bitmain EMEA partner
14.7.2021
Half of what was lost due to China’s crackdown on Bitcoin mining will not ever go back online, Phoenix Store's CEO says
Cryptocurrency Trading Volumes Decreased 40% in June
14.7.2021
Cryptocurrency trading volumes decreased significantly in June according to data from Cryptocompare, a price and volume tracking organization. Volumes traded diminished by at least 40% month-on-month, with spot and derivatives trading both suffering due to the mining and trading crackdown in China...
China shuts down crypto mining in Anhui province
14.7.2021
The Anhui government is addressing growing electricity demand by shutting down local crypto mining operations
Bit Mining raises $50M to take operations out of China
14.7.2021
Bit Mining is looking to exit China’s market in response to the recent government crackdown on mining
Rare Gundam Graphics Cards Wasted On Crypto Mining
14.7.2021
I can’t explain it. I can’t justify it. But I do get Gundam fans’ strange attachment to the special-edition GeForce RTX 3080 Gundam graphics cards. They’re beefy but elegant and come in a sleek titanium white. They’re also next to impossible to find, which is why some people might be crestfallen...
The9 signs green Bitcoin mining deal with Russian firm BitRiver
13.7.2021
BitRiver utilizes only surplus hydroelectric power to operate its data centers in Russia and CIS countries
Bitcoin price falls under $33K, but on-chain data hints at BTC accumulation
12.7.2021
Signs of BTC accumulation begin to emerge as the network’s hashrate rises and exchange outflows increase in July