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Bitmain’s Cofounder Accused of Hindering Next-Gen Bitcoin Mining Rig Shipments
14.6.2020
On June 11, 2020, regional reports disclosed that the cofounder of Bitmain, Micree Zhan, is still battling with Jihan Wu in an ongoing feud. The quarrel is allegedly causing shipment problems for customers, as reports note that Zhan is prohibiting deliveries stemming from the company’s...
ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS
13.6.2020
Once Ethereum becomes a proof-of-stake blockchain, what will happen to the ETH miners, and what will they do?
Bitcoin Price Volatility Expected as 10% Mining Difficulty Adjustment Looms
12.6.2020
Bitcoin’s mining difficulty is set to adjust by 10% within 3 days, meaning operational costs for miners could spike
Bitcoin Mining Difficulty Set for Highest Jump in Nine Months
12.6.2020
If everything goes as estimated, miners are about to experience the rise in Bitcoin (BTC) mining difficulty not seen since September last year, as more mining machines are back to work, increasing security of the network.
The next Bitcoin mining difficulty adjustment is expected to happen...
Examining the Status of Stablecoin Minting and Burning Activities
12.6.2020
We selectively analyzed six stablecoins — USDT, GUSD, HUSD, PAX, TUSD and USDC — to uncover their minting and burning activities so far in 2020
Hut 8 Plans $7.5M Offering to Upgrade Bitcoin Mining Rigs
10.6.2020
Hut 8 Mining is looking to raise at least $7.5 million to upgrade its fleet of BlockBox bitcoin miners
Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether
10.6.2020
A record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A nightmare come true, the customer sent...
Bithumb Shares Insights on That $2.6M ETH Transaction
10.6.2020
According to Bithumb, the Ether that paid a $2.5 million transaction fee ended up in its coffers
Botnet Exploits SQL Servers to Install Crypto Mining App
10.6.2020
Sophos revealed recent botnet attacks breach Microsoft SQL server databases to install a well-known Monero mining app
A Number of Small Bitcoin Mining Farms Are Quitting as Older Mining Rigs Become Worthless
10.6.2020
Bitcoin mining has changed a great deal since the block reward halving on May 11, 2020, and the overall SHA256 hashrate has been between 100-120 exahash per second (EH/s) during the last 48 hours. Reports from China show that a number of small mining operations are struggling and older bitcoin...
Bitfury to Launch Bitcoin Mining Fund for Institutional Investors in Japan
10.6.2020
Bitfury is planning to launch a Bitcoin mining fund in Japan following a rollout of the offering in North America last month
Bitmain Struggle Continues as Ousted CEO Reportedly Halts ASIC Deliveries
10.6.2020
Bitmain’s operations in Shenzhen are reportedly being disrupted as Micree Zhan forbade shipment of mining devices following his recent takeover of the Beijing office
Illegal Crypto Miner Caught After Stealing More Than $400K of Electricity
9.6.2020
Russian police arrested a 30-year-old crypto miner who they accuse of stealing over $494,000 in electricity from the state power network
Why Miner Maker Ebang’s US IPO Raises More Questions Than Answers
8.6.2020
Bitcoin mining hardware manufacturer Ebang wants to raise $100 million through a U.S. IPO. But that could be a risky investment, CoinDesk Research's Matt Yamamoto reports
Illegal Miners in Russia Stole $6.6M-Worth of Electricity, Power Grid Firm Says
8.6.2020
Electricity thieves built their own illicit power stations to connect hidden mining farms with the local energy grid, a state-owned provider says
Bitcoin Hashrate Spikes to 120 Exahash: Difficulty Drops Allowing Miners to Rejoin the Competition
7.6.2020
The Bitcoin hashrate is up this weekend after the network experienced it’s fourth negative difficulty adjustment this year. The Bitcoin (BTC) protocol’s difficulty adjustment dropped over 9% on June 4, giving miners who shut off their machines a chance to join the competition once...
‘Bullish’ — Struggling Miners Done Selling Their Bitcoin, Says Analyst
6.6.2020
Bitcoin’s Miner Outflow Multiple shows that buoyant miners are keeping their coins and weaker players have none left to sell, argues Tuur Demeester
Patoshi Researcher Says “Altruistic” Satoshi Will Never Spend His 1.1M Bitcoin
6.6.2020
Bitcoin founder Satoshi Nakamoto will never spend his “1.1 million bitcoins” because he is altruistic, Patoshi Pattern researcher Sergio Demian Lerner has said. The Patoshi Pattern exploits privacy flaws of an early protocol, v.01, to identify blocks possibly minded by Satoshi Nakamoto....
Antminer T19 May Not Affect Bitcoin Hash Rate but Keeps Bitmain Ahead
5.6.2020
The Antminer T19 by Bitmain may not have a big impact on the Bitcoin network, and it comes out amid the firm’s internal and post-halving uncertainty
Bitcoin Mining Difficulty Hasn’t Done This Since 2018 $3K BTC Bottom
5.6.2020
Difficulty is copying its $3,100 bear market behavior in a move that set the scene for a bull run to $14,000