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S9 Resurrection: Higher Bitcoin Prices Allow Miners to Switch Outdated Mining Rigs Back On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
Riot Blockchain Mined 224 Bitcoins in Q3
10.11.2020
Riot reported a current mining capacity of 556 peta hash per second
Grin network hit with 51% attack while GRIN token remains resilient
8.11.2020
An unknown mining group currently controls more than half of the Grin blockchain’s hashing power
Ethereum User Spends $9,500 in Fees Sending Just $120 in an Error to Forget
8.11.2020
An Ethereum user mistakenly paid $9,500 in transaction fees to send just $120. The user, identified by their Reddit moniker ‘Proudbitcoiner’, says the transaction “destroyed my life” and is now desperately asking miners to return the money. According to a Nov. 4 post...
Hive Blockchain Buys, Deploys 1,240 Bitcoin Mining Machines, Nearly Doubling Hash Power
6.11.2020
The Vancouver firm is targeting 1,000 PH/s in the next 12 months