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Bitcoin Miners Saw 8% Revenue Increase in October
2.11.2020
12% of revenue came from fees, the highest percentage since Jan. 2018
Venezuela to Incorporate Bitcoin and Litecoin Wallets into National Remittances Platform
2.11.2020
Venezuela says it will incorporate bitcoin and litecoin wallets to its Patria’s Cryptocurrency Remittance Platform. In an update, authorities in the country say this move will enable Venezuelan citizens to formally receive remittances in cryptocurrency form. Many citizens of hyperinflation...
Technician in Italy Used Airport’s Computers to Mine Ethereum in Italy: Report
1.11.2020
Using the airport's computers allowed the miner to avoid the cost of electricity needed to mind crypto, the report said
This is How Institutional Players Help Bitcoin Mining Industry Grow
31.10.2020
BitRiver's crypto mining farm. Institutional players are entering the cryptoasset mining industry, prompting the creation of enterprise-grade solutions, but also offering new solutions for existing challenges, according to Igor Runets, founder and CEO of BitRiver, a Russia-based mining services...
The company that coined the term ‘hash rate’ is not concerned about its recent decline
30.10.2020
Bitcoin's hash rate is down on the year, though the price remains largely unaffected
Desperation Among Filecoin Miners Creating a Big Market for FIL Borrowing
30.10.2020
The Filecoin network is facing liquidity problems, forcing some miners to borrow the native token at outrageous rates
Italian man caught allegedly using airport computer systems for ETH mining
30.10.2020
You can't just mine crypto for profit using other people's systems without them approving it
Bitcoin Transaction Fees Rise to 28-Month High as Hashrate Drops Amid Price Rally
29.10.2020
The cost of doing transactions on bitcoin is surging at a time the network is suffering its worst congestion in nearly three years
Iran’s New Crypto Law Requires Miners to Sell Bitcoin Directly to Central Bank
29.10.2020
Iran has reportedly revised the country’s cryptocurrency regulation to require licensed bitcoin miners to sell their coins directly to the central bank for use to fund imports. Iran’s Revised Crypto Law The Iranian government has amended its cryptocurrency regulation to enable...
Iran Amends Law to Allow Imports to Be Funded With Cryptocurrency
29.10.2020
Strapped for international currencies, Iran is turning to cryptocurrency to allow imports to continue to flow
New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks
29.10.2020
The New York Department of Financial Services’s letter said that it expects all firms, including virtual currency businesses, to start assessing climate change associated financial risks
‘Price follows hash rate’ — Bitcoin fundamentals drop may delay $14K
29.10.2020
Echoes of June appear among miners, but the future could likewise produce a price rebound if history repeats itself
Mempool Clog: Bitcoin Hashrate Drops 40%, Backlog Shows Over 100K Unconfirmed Transactions
29.10.2020
The Bitcoin network hashrate has dropped significantly over the last four days sliding from a high of 161 exahash per second (EH/s) to 90 EH/s on October 27. Today, the Bitcoin hashrate has improved a hair as the network’s security is currently hovering around 100 EH/s. However, the mempool...
Invest In Your Future with Summit Mining
28.10.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists.
It's a fact: governments are playing the perverse game of "Who will print the most money?" by trying to delay a global financial crisis that seems to be more and more inevitable. Because of this...
Bitcoin price sees pullback, but bulls still marching toward $20K
28.10.2020
Bitcoin’s price saw a 4% drop in the last 24 hours, but it’s unlikely to see a correction like in previous cycles for three reasons
Marathon Buys Additional 10,000 Antminers to Become Largest US Bitcoin Miner
28.10.2020
Nasdaq-listed Marathon Patent Group is buying 10,000 of the more efficient Antminer S19 Pro bitcoin miners from Bitmain in a deal worth millions of dollars. ▪ Marathon said the deal would boost the company’s operations to 23,560 next-generation miners, “making it the largest...
‘A Race Toward Zero’: With Hashrate in the Clouds, Bitcoin Mining Is Less Profitable Than Ever
27.10.2020
ASIC financing has driven Bitcoin's hashrate to all time highs in 2020. By consequence, Bitcoin is less proftiable to mine than ever
New Siberian Bitcoin mining center set to provide 100 jobs to locals
27.10.2020
13.6 acres of cold and barren land in Siberia will be put to good use with the support of international investors
Bitfarms Signs a Deal That Cuts Bitcoin Mining Power Costs in Half
27.10.2020
Blockchain infrastructure company Bitfarms said it has signed a beneficial mining deal in South America, with a lower power cost that they said 'revives' older mining machines and cuts the electricity costs in half.
Bitfarms, which provides computing power to cryptocurrency networks such...
How to build a crypto mining rig in 2020 to earn Bitcoin and Ether
25.10.2020
Mining with home rigs is back, so here’s what those interested need to know to put together their own rig at home