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China’s Crypto Miners Struggle to Pay Power Bills as Regulators Clamp Down on OTC Desks
16.11.2020
Miners in China have reportedly been struggling to pay for electricity after authorities started cracking down on OTC brokers in the country
$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S9 Resurrection: Higher Bitcoin Prices Allow Miners to Switch Outdated Mining Rigs Back On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...
Defi Yield Protocol Is a Massive Boost for Yield Farmers and the Defi Space
13.11.2020
Since February 2020, we have seen a steady growth of the blockchain space and, most significantly, decentralized finance. While DeFi isn’t entirely new, the network’s growth has been more aggressive this year than it has ever been. The distribution of COMP governance token and...
Binance launches Ethereum Mining Pool with 0.5% fees
13.11.2020
Binance users can now sign up to mine Ether, as well as Bitcoin, via the exchange's mining pool
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...
Greener pastures: Bitcoin miners now looking beyond Chinese borders
12.11.2020
Chinese crypto miners migrate seasonally from the southern regions in search of cheaper electricity. But is it always due to the climate?
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
Uniswap ‘community call’ will discuss extending liquidity mining rewards
11.11.2020
With Uniswap’s liquidity mining rewards program set to end in one week, the project has called a community meeting to discuss how to move forward
Erratic Processing Power: Bitcoin’s Hashrate Gains 45% in a Day, Then Loses 41 Exahash
11.11.2020
Seven days ago Bitcoin’s network difficulty saw the largest drop in nine years as it slid over 16% last week. Similar to the crypto asset’s price, the hashrate has been extremely volatile according to statistics. After dropping to 111 exahash per second (EH/s), the network hashrate...
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
Big mining move: Bitcoin’s hash power increases 42% in two days
10.11.2020
It appears many Chinese miners have completed their annual migration from Sichuan, with Bitcoin’s hash rate spiking more than 40% in two days