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Top crypto mining hardware to expect in 2021
25.12.2020
With crypto mining gaining momentum, here’s the newest products coming out in 2021 and what Bitcoin miners should look to buy
Organizations File Lawsuit Against New York Town to Prevent Bitcoin Mining Facility Expansion
25.12.2020
Organizations led by an environmental organization filed a lawsuit against the U.S. town Torrey in New York for giving the green light to expand a bitcoin mining facility at the Greenidge Generation power plant. Environmental Organization Leads Lawsuit Against New York Town for Approving Plan...
Despite Bitcoin’s Price Highs, Onchain Data Shows BTC Miners Are Not Spending More Than Usual
25.12.2020
The cryptocurrency economy has been higher in value than ever before as bitcoin has touched an all-time price high at $24,298 per unit. Regardless of the all-time price highs, the world’s bitcoin miners are not spending more bitcoin than usual according to onchain statistics. Bitcoin miner...
DeFi Christmas: DEX Aggregator 1inch Launches Governance Token to Take On Uniswap
25.12.2020
The token, named 1INCH and running on Ethereum, will be distributed to all wallets that have previously interacted with the platform
8 Beginner Bitcoin Questions Answered
24.12.2020
I asked some friends who were Bitcoin noobies what they wanted to know about Bitcoin, and was ready with some answers. Here’s what we came up with. Common Questions about Bitcoin, Answered How does mining work? Mining is a key component of the Bitcoin system. It helps secure the network,...
Valid Points: Forget Staking, There Are Still Coins to Be Mined on PoW Ethereum
23.12.2020
Ethereum miners are making investments to maximize profits before mining becomes obsolete and gets replaced by validating on Ethereum 2.0
Mining Giant Nornickel Issues First Blockchain-powered Metals Tokens
23.12.2020
Russian miner Norilsk Nickel, the world’s biggest palladium and high-grade nickel producer, has begun the first stage of its tokenization drive – partnering with two international exploration and mining firms to issue metal contract-backed, blockchain-powered digital coins.
In an official release...
An Unknown User Incurs More Than $80,000 in Transaction Fees When Sending BTC Worth $1
23.12.2020
An unknown person incurred a transaction fee of more than $80,000 or (3.49079570 bitcoins) when transferring bitcoin worth $1.16. According to Blockchain.com, the December 19 transaction, which is included in block 662052, had an input of 3.49084570 bitcoin and an output of 0.00005000 bitcoin....
Riot Blockchain Buys 15,000 Antminers, Operation Will Command 37,640 Bitcoin Miners
23.12.2020
Publicly listed firm Riot Blockchain has announced the company is purchasing 15,000 S19 Pro and S19j Pro Antminer mining rigs from Bitmain. According to the company, the new shipment of next-generation miners will increase the operation’s hashrate to 3.8 exahash per second (EH/s). Following...
OpenDAO Builds New Yield Dollar Interface on Top of UMA, Accepts BTC as Collateral
23.12.2020
PRESS RELEASE. OpenDAO is proud and excited to announce that it is one of the first DeFi projects to participate in UMA’s dapp mining program. Check out the new Yield Dollar interface at ydollar.opendao.io For the past few months, OpenDAO has been working closely with the team at UMA to build...
Riot Blockchain buys 15K Bitmain Antminers, expects 65% hash rate increase
22.12.2020
Nasdaq-listed crypto firm Riot Blockchain purchases additional 15,000 Antminers from Bitmain for $35 million
Core Scientific Buys Over 58,000 Bitmain S19 Antminers to Expand Its Hosting Fleet in North America
22.12.2020
A major North American blockchain hosting provider announced its expansion by ordering over 58,000 additional S19 Series Antminers, as part of an agreement arranged with the Chinese mining hardware manufacturer. US Contract Miner Core Scientific Arranges Purchase of Over 58,000 Bitmain...
Sierra Club leads lawsuit against NY town to prevent expanding Bitcoin mining operations
21.12.2020
The lawsuit alleges Greenidge circumvented state laws by seeking regulatory approval "through two separate but interdependent approval applications."
The Advantages of Joining the Mining City Community
21.12.2020
This article explains the characteristics of the network marketing community based on Mining City and answers one not so simple question – why do most people fail in Multi-Level Marketing? What Google Won’t Tell You About Mining City Network marketing – also known as Multi-Level...
Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In
21.12.2020
The Ethereum network’s 2.0 transition has pushed the protocol to become one of the largest staking networks in the world with 1,683,905 ether locked into the contract worth $1 billion today. According to reports from China, while proof-of-work ethereum miners have two years left to mine...
How should investors value DeFi projects? A new paper might have some answers
21.12.2020
A recent paper from a team of DeFi researchers proposes a new conceptual framework for liquidity mining
Genesis Mining Is Converting Excess Bitcoin Datacenter Heat Into Greenhouse Power in Sweden
20.12.2020
One of the largest bitcoin mining operations in the world, Genesis Mining, has been working on an experiment with Systemair, Lulea Technical University, Research Institute of Sweden, and the local Boden municipality. The teams in Sweden are developing a system that converts excess heat from...
Nicehash Crypto Mining Pool ‘Fully’ Reimburses All Users Affected by 2017 Hack
19.12.2020
A Slovenian cryptocurrency mining pool and trading platform announced that they’ve managed to fully compensate their users affected by a hacking attack that took place in December 2017, which took over 4,600 bitcoins. Nicehash ‘Fully’ Reimburses Users Affected in 2017 Hack...
Don’t think Bitcoin’s supply is finite? You probably don’t understand the tech
17.12.2020
A research firm’s head recently claimed Bitcoin’s capped supply could be changed
Millionaire Bitcoin addresses go parabolic as BTC price crosses $20K
17.12.2020
Early BTC miners with the foresight to hodl have now become millionaires