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Bitcoin Mining Difficulty Drops While BTC Slips Below USD 10K Again
7.9.2020
Source: Adobe/Татьяна Палладина
Following a month of rising Bitcoin (BTC) mining difficulty, the first adjustment in September saw the difficulty drop - though it still remains at the second-highest level in the network's history.
Bitcoin mining difficulty, or the measure of how hard it is...
'Exclusive Mining' Can Be Used for Money Laundering & Tax Evasion - Report
7.9.2020
Source: Adobe/Galina_lya
Cryptoasset miners are incentivized to keep transactions secret, said a recent paper, warning that the type of mining called "exclusive" allows them to do so while it can also be used for tax evasion and money laundering.
"The authors observe that blockchain...
US Man Pleads Guilty in $722 Million Bitclub Network Ponzi Scheme Case
7.9.2020
A Bitclub Network Ponzi scheme promoter has admitted to charges of selling unregistered securities and to subscribing to a false tax return in connection with his role in the $722 million fraud scam. The man, Joseph Frank Abel, pleaded guilty by video conference before U.S. District Judge Claire...
Ethereum devs discuss gas optimizations, but it will probably be too little too late
4.9.2020
Developers see the problem, but there is little they can do right now
Binance takes on DeFi with Uniswap competitor and liquidity mining
4.9.2020
Crypto exchange giant Binance makes another move into DeFi with new token swapping liquidity platform
BitClub Promoter Pleads Guilty for Role in $722M Fraudulent Mining Scheme
3.9.2020
50-year-old Joseph Abel pleaded guilty to securities and tax related offenses
ETH miner revenue reaching a new all-time-high may be bad news for low volume yield farmers
3.9.2020
Is DeFi a mousetrap for retail investors?
Russia’s Latest Draft Bill Would Still Largely Ban Crypto, Stifle Miners
3.9.2020
Russia's Ministry of Finance wants to ban any cryptocurrency payments, which could be bad news for the country's mining farms
Nvidia teases a massively improved RTX 3080, but will it be good for mining?
3.9.2020
The performance gains probably won’t be enough to overcome Nvidia’s mining disadvantage
Russian Ministry’s Crypto Mining Plans ‘a Cause for Concern’
3.9.2020
The Russian Ministry of Finance wants to ban crypto miners from receiving token rewards leading to what newspaper Izvestia has called “a de facto ban on the circulation of cryptoassets in Russia.”
The newspaper said it has seen Ministry of Finance-drafted legislation proposals pertaining to...
Bitcoin price may spark ‘war of miners’ — 1-day pool outflows hit $18M
3.9.2020
Pools may be attempting to trade the dip, CryptoQuant suggests as its CEO warns about rivalries building
Russian ministry proposes to amend law banning crypto transactions
3.9.2020
Crypto mining is allowed, but payout in crypto is prohibited
Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak
3.9.2020
Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2.4 million during the second quarter of 2020, down from $5.6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid...
Market Wrap: Bitcoin Falls to $11.1K; Ethereum Miners at Record Fee Percentage
2.9.2020
The bitcoin market went bearish as the price dipped while DeFi fees as a percentage of revenue for Ethereum miners is at an all-time high
Researchers are calling this new malware a triple threat for crypto users
2.9.2020
The surrounding threat level is low, but there are fears it could increase
Kazakhstan on track for $700M crypto mining investment goal, says minister
2.9.2020
A Kazakh minister claimed that there are already preliminary agreements on attracting more than $700 investment for cryptocurrency mining
Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners
2.9.2020
In mid-August officials from the Chinese province of Sichuan approved a number of enterprises that mine bitcoin for legal hydropower consumption in the region. Following the local government of Ya’an city deciding to foster mining, officials from Chengdu recently spoke about welcoming crypto...
‘We’re getting paid to produce Bitcoins’ reveals Texas BTC miner
2.9.2020
Layer1's plan to sell excess power back to Texans has resulted in 700% profits
Bitcoin Miners Saw 23% Revenue Increase in August
1.9.2020
Miners generated an estimated $368 million in August
Using a DeFi protocol now costs more than $50 as Ethereum fees skyrocket
1.9.2020
The situation is eerily reminiscent of December 2017