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Miner Hoards: Q2 Bitcoin Mining Supply Outflow Touches 12-Month Low


Onchain data shows that bitcoin miners are hoarding despite the 50% loss in revenue that started on May 11, during the third reward halving. The seven-day average of bitcoin miners’ outflow volume and mining funds sent to exchanges remains significantly low. Roughly four weeks ago on June...

Fidelity Acquires 10% Stake in Bitcoin Mining Firm Hut 8


The giant fund manager Fidelity International holds roughly 10.6% stake in the bitcoin mining company Hut 8. For six years now, Fidelity, the firm that currently manages $300 billion on behalf of its customers, has been mining the cryptocurrency bitcoin. In May 2017, news.Bitcoin.com reported...

Telcos Trial Blockchain, Fidelity & Bitcoin Mining, UK Mulls CBDC + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news Three major telcos, Deutsche Telekom, Telefónica, and Vodafone said they have finalized a trial automated settlement of roaming...

Feel Mining: Generate Benefits Every 5 Minutes


The text below is an advertorial article that was not written by Cryptonews.com journalists. Feel Mining operates servers Liftoff imminent. Feel Mining unveils its new website with improvements and new services eagerly awaited by its users. Our editorial staff, solicited for the V2 tests, has been...

Bitcoin Mining Difficulty Set For New All-Time High. What Comes Next?


A crypto mining farm. Miners' machines seem to be on and hard at work as mining Bitcoin (BTC) is about to get more difficult - reaching a brand new all-time high, thus increasing operational costs to mine the coin. Two industry players weighed in on what might come next. Bitcoin mining...

Romanian Programmer Admits Conspiring to Create $722M Bitclub Ponzi Scheme


A Romanian man admitted Thursday to conspiring to engage in wire fraud and selling unregistered securities linked to Bitclub Network, a cryptocurrency mining Ponzi scheme worth at least $722 million. Silviu Catalin Balaci, 35, a Romanian citizen appeared before U.S. District Judge Claire C. Cecchi....

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