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Bitcoin Mining Difficulty Set to Drop for the First Time in Two Months
27.7.2020
The short string of very high highs in Bitcoin (BTC) mining difficulty is to be broken today according to the current estimates, with miners about to see a difficulty drop instead.
Per the the current estimations by mining pool BTC.com, the difficulty will decrease by more than 3% to 16.8 T.
This...
BTC.TOP Launches 'Joint Mining' Platform, Users Pay After Breaking Even
27.7.2020
Crypto mining pool BTC.TOP, via its subsidiary B.TOP, now offers "joint mining" - enabling users to buy hash power, as well as pay the fees and share the profit once their revenue reaches the cost of the equipment they initially bought.
"We hope to lower the entry barrier for those...
Ethereum Miners’ Income Soars by 60% in a Month – Outruns Ether’s Price Jump
27.7.2020
Ethereum miners may have benefited the most from ether’s recent price rise and soaring transaction fees
BTC.top Launches ‘Joint Mining’ Platform, Pitching It as a Cloud Mining Killer
25.7.2020
The Chinese mining pool is offering an alternative to cloud mining, charging fees only after their equipment starts to pay for itself
Leadership Feud at Bitmain: 10,000 Antminers Go Missing in Inner Mongolia
25.7.2020
Reports detail that 10,000 Antiminers have been allegedly stolen from a Bitmain facility in China. Sources say that the missing mining rigs concern the ongoing power struggle between Bitmain cofounders Jihan Wu and Micree Zhan. Back in mid-June news.Bitcoin.com reported on the power struggle...
Illegal Crypto Mining is Booming in the Republic of Abkhazia
25.7.2020
The republic still allows the import of crypto mining rigs despite the ban
10,000 Antminers Go ‘Missing’ in Latest Chapter of Bitmain Power Saga
24.7.2020
Former Bitmain staff have been accused of “illegally” moving 10,000 Antiminers from a company-owned mining facility in Mongolia
Bitcoin Mining Rigs Are Pouring into Abkhazia…Where Mining Is Illegal
24.7.2020
Illicit crypto mining appears to be booming in the South Caucasus region, with Abkhazia where crypto rigs are reportedly flooding over the border – despite the fact that mining is officially illegal under Abkhazian law.
The largely unrecognized Republic of Abkhazia in the South Caucasus...
2020 Monsoon Season and Dam Stress Threatens Chinese Bitcoin Miners
24.7.2020
Digital currency proponents have been discussing the 2020 monsoon season in East Asia and how there’s a possibility it could wreak havoc on large bitcoin mining operations located in China. Recent estimates note that China has 50% of the world’s bitcoin mining capacity but if mining...
Devastating Floods in China Raise Questions About Bitcoin Mining Too
22.7.2020
Source: a video screenshot, Youtube/ARIRANG NEWS
With cities under water, billions in damages already reported, and the amount of flooding that China hasn't seen in years putting an increasing pressure on the world's largest hydropower station, there is reasonable concern that mining facilities...
Vitalik Buterin Warns High Fees Threaten Ethereum’s Security
22.7.2020
As Ether transaction fees hit 100 gwei, the project’s co-founder warns that a failure to respond could undermine the security of the network
Cryptojacking and Ransomware Cases Grow in Mexico
22.7.2020
Mexican media report on a new study that reveals a lack of trust from locals towards public cloud network security as cryptojacking cases rise
New Satoshi Stash Estimate Claims Creator Mined $10.5B Worth of Bitcoin
21.7.2020
On Monday, the blockchain trackers and researchers from Whale Alert published a new research report about the infamous fortune allegedly owned by Satoshi Nakamoto. Researchers estimate that Bitcoin’s creator possibly mined coins up to block 54,316, capturing 1,125,150 BTC or $10.5 billion...
US State of Texas Saddles Up to Become the Next Blockchain Capital
21.7.2020
Texas ups its aspirations to become the go-to place for crypto in the U.S., forming a new blockchain council and highlighting the state’s mining capabilities
$10.9 Billion Bitcoin Stash Proves Satoshi Is Still the Biggest Whale
20.7.2020
Analysts estimate Satoshi mined $10.9 billion worth of Bitcoin to keep the network safe but will these BTC ever be spent?
First Mover: Bitcoin Miners Find Upgrade Financing Aplenty, Even as Prices Languish
20.7.2020
Big-money players are extending financing to bitcoin miners for equipment upgrades, even though prices are still torpid two months after the halving
Venezuela Bans Bitcoin Mining Operations in the Country’s Public Housing Sector
18.7.2020
According to the Venezuelan Minister of Habitat and Housing, the government has banned mining operations in any low-income neighborhoods with subsidized housing. Ildemaro Villarroel told the public the restrictions are due to “high power consumption” in those areas. The United Socialist...
Bitcoin Mining Firm Northern Data Slams ‘Trolls’ After Stock Drops 40%
18.7.2020
Northern Data’s head of finance calls whistleblowers “anonymous trolls” and says that the company is completely transparent
Report Cuts China’s Bitcoin Mining Capacity to 50% of World Total, Raises US’ to 14%
18.7.2020
A new report by crypto research company Bitooda claims that China accounts for only 50% of global Bitcoin mining capacity, and the U.S. 14%. The data is in sharp contrast with earlier findings from the University of Cambridge Centre for Alternative Finance (CCAF), which put China’s share...
Venezuela Tells Citizens in Gov’t Houses to Stop Mining Crypto
18.7.2020
The Venezuelan government is set to ban crypto mining in government-provided housing, per an official announcement.
The announcement was made in a video tweeted by state-owned television station VTV Canal 8.
In the video, Ildemaro Villarroel, the Minister of Housing, stated that the central...