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US in Crypto Tax Balancing Act, ETH Miners Safe Until Nov. 2021 + More News
20.11.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto tax news
The US Treasury Department has told attendees at the OECD-arranged 2020 Global Blockchain Policy Forum that it is still undecided...
Majority of Bitcoin Hashrate Signals Support for Taproot Scaling, Privacy Upgrade
19.11.2020
Over 50% of Bitcoin's hashrate now supports the "uncontroversial" upgrade
OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away
19.11.2020
Bitcoiners on social media have panned remarks by acting U.S. currency comptroller Brian Brooks that bitcoin is owned by China due to the country’s disproportionate share of the crypto’s mining power. The bitcoiners argue that the disproportionate number of miners stationed in China...
Attack of the vampires: Uniswap loses 57% TVL as rivals up rewards
19.11.2020
Rival decentralized exchanges are upping their liquidity mining rewards to attract Uniswap’s former-liquidity providers, leading to SushiSwap’s TVL tripling in one week
Bitcoin mining revenue hits yearly high, after return to pre-halving levels
19.11.2020
Bitcoin mining revenue has topped $20 million per day, its highest level this year
Bitcoin’s All-Time Highs & the End to Uniswap’s UNI Mining: A Data Perspective by IntoTheBlock
18.11.2020
Powered by Every week, IntoTheBlock brings you on-chain analysis of top news stories in the crypto space. Leveraging blockchain’s publicContinue Reading
The post Bitcoin’s All-Time Highs & the End to Uniswap’s UNI Mining: A Data Perspective by IntoTheBlock appeared first on CoinMarketCap Blog
OKEx Mining Pool Flatlines After 99.5% Hash Power Drop as Withdrawal Suspensions Spook Clients
18.11.2020
The pool's hash power has dropped from 5,000 to barely 20 PH/s
Bitcoin's market cap surpasses Nvidia at over $336B
18.11.2020
Both Bitcoin and Nvidia saw major growth in 2020, but Bitcoin’s market cap wins today
Alleged crypto-Ponzi operator arrested after failed sea-scooter escape
18.11.2020
The alleged ringleader of a Ponzi scheme that solicited $35 million for crypto mining and other investments has been arrested after attempting to flee FBI agents using a “sea scooter.”
Taxman gets the boot: Bitcoin Cash Node emerges as victor of hard fork
17.11.2020
As Bitcoin Cash goes through another fork, Bitcoin Cash Node seems to be the emergent winner for now
Bitcoin Mining Difficulty Jumps, SEC Boss Leaves Early + More News
16.11.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Mining news
Today, Bitcoin (BTC) mining difficulty, which is the measure that shows how hard it is to compete for mining rewards, increased...
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