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Bitcoin Mining Rigs Struggle for Profits, Despite BTC’s Hashrate Reaching an All-Time High
16.10.2020
Bitcoin’s hashrate climbed to an all-time high (ATH) this week touching 166 exahash per second (EH/s) on October 14. Meanwhile, despite the recent price rise and hashrate ATH on Wednesday, only a small group of next-generation mining rigs are profiting at current bitcoin exchange rates....
Philippines Regulator Warns Investors to Steer Clear of Mining City’s Bitcoin Vault Ponzi
15.10.2020
There’s a mining contract scheme people are discussing and making the rounds on the web called “Mining City” or “Bitcoin Vault.” The Philippines SEC recently put out a warning against the operation and the alleged masterminds behind the project. One thing is for sure...
Ebang aims to set up digital financial platform in New Zealand
15.10.2020
The Nasdaq-listed company is moving ahead with its ambitious expansion plan
Former Gulag in Russian Arctic Bids to Become Bitcoin Mining Hotspot
15.10.2020
Norilsk.
A Russian firm is set to open a hotel with a difference in the Arctic Circle – although it isn’t the kind most folks would ever dream of visiting. Instead it’s a crypto mining “hotel” fitted with ASIC bitcoin (BTC) mining rigs and powered with 11.2 MW of electrical energy.
In a uniquely...
Alarming growth of difficult-to-detect ‘Lemon Duck’ crypto mining botnet
15.10.2020
A crypto mining botnet called Lemon Duck is spreading through Windows 10 computers, infecting users through fake Covid-19 emails
Bitcoin Miner Marathon Agrees to Deal That Cuts Electricity Costs by 38% With US Power Company
15.10.2020
Nasdaq-listed Marathon Patent Group has agreed to a joint venture deal with U.S. independent power producer Beowulf Energy to deliver cheap electricity for its bitcoin mining operations in the country’s north. In a statement on Tuesday, Marathon said that it will co-locate a bitcoin mining...
A Russian Company Is Opening a Mining Farm in the Arctic
14.10.2020
The Arctic mining farm will host ASICs for customers, who will be charged for their electricity consumption
JPMorgan Calls Square’s Bitcoin Investment ‘Strong Vote of Confidence’ for the Cryptocurrency
14.10.2020
Other payment companies will also likely follow in Square's footsteps or risk getting shut out of a growing segment, JPMorgan wrote
Bitcoin Miner Marathon Eyes Profitability Boost Through Joint Venture with US Power Provider
13.10.2020
The joint venture will see Marathon co-locate a bitcoin mining facility within Beowulf's Big Horn Data Hub at its 105-megawatt power station in Hardin, Montana
Former Steem devs believe CPU mining is the key to a fair launch for their ‘blockchain 3.0'
13.10.2020
Steemit veterans vow to improve blockchain upgradeability and avoid damaging hard forks
Hathor Merge Mining Pool Commands 33% of the Bitcoin Cash Hashrate
13.10.2020
Bitcoin Cash proponents have been recently discussing a new mining entity with a large amount of hashrate joined the network. The merge mining operation called HathorMM currently captures 33% of the Bitcoin Cash hashrate and the miners are also mining Bitcoinsv as well. The Bitcoin Cash (BCH)...
The first-ever mining hardware marketplace just launched
12.10.2020
This company presents an alternative to "sketchy" Telegram channels for second-hand mining equipment
Q3 Crypto Volumes up by $155 Billion as Defi Hype Drives DEX Growth by 197%
11.10.2020
The latest data from Coingecko shows that the combined trading volumes of cryptocurrency exchanges went up by $155 billion between July and September, from $175.7 billion to $330.6 billion. The new total volume represents a 88% increase which Coingecko attributes to the decentralized finance (defi)...
Here Are the Top Public Companies That Have Adopted Bitcoin as a Reserve Asset
11.10.2020
When Microstrategy Inc. bought $425 million bitcoin in the last two months, the decision became an important stamp of institutional approval of the top crypto’s credentials as a mature, safe-haven asset. The American technology firm had just made bitcoin its primary reserve asset to hedge...
Ethereum miners made 450K ETH from high network fees during DeFi peak
11.10.2020
On-chain data shows Ethereum miners saw a 39% surge in revenue as fees soared during the DeFi craze
A researcher debunks Stock-to-Flow model, likens Bitcoin to a 'tech stock'
8.10.2020
"There are many reasons why the price of Bitcoin can rise or fall, but S2F is not one of them”, contends report author
New Ethereum Fee Model Has Some Miners Crying Foul: Survey
8.10.2020
Eight of the nine mining projects answering a survey on EIP 1559 had a negative impression of the proposal, with seven saying they would not implement the change
Riot Buys 2,500 More Bitmain Miners In Latest Fleet Expansion
7.10.2020
The publicly traded miner aims to quadruple its current hash rate by mid-2021
ETH hash rate hits all time high, mining it is 3X more profitable than BTC
7.10.2020
The Ethereum hash rate broke the 250 TH/s barrier for the first time since Aug. 2018
Fidelity, Vanguard, Schwab Funds Have Been Loading Up on Crypto Mining Stocks
5.10.2020
Stock of three major cryptocurrency mining firms are appearing in Fidelity, Vanguard and Charles Schwab mutual funds