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Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021
25.8.2020
Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17.7 million. In a blog post, the Chinese crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight...
What death spiral? Bitcoin mining difficulty rises by 9% since halving
25.8.2020
Bitcoin mining difficulty has risen by 9% since the May 11 halving, demonstrating that the ecosystem remains healthy despite post-halving miner capitulation fears
Bitmain inks $18M Bitcoin mining rig sale with Riot Blockchain
25.8.2020
The giant continues to give a boost to its prime product despite recent shipments issues
The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of Power
25.8.2020
The SHA256 hashrate that secures the Bitcoin network has grown massively during the last few years, as Bitcoin’s processing power has touched all-time highs in 2020. Moreover, the gigawatts of electrical consumption powering industrial bitcoin mining today consumes as much as seven nuclear...
The Iranian government took down over a thousand crypto mining farms
24.8.2020
Iran is rewarding people who turn in crypto miners operating without a license
Bitcoin Miner Layer1 Overstated Industry Vet’s Involvement in $50M Series A Pitch
24.8.2020
Peter Thiel-backed Layer1 told potential investors in a recent pitch deck that bitcoin miner maker Canaan’s co-founder Liu Xiangfu joined its team as a key executive – except that’s not what Liu says
Marathon Brings New Rigs Online, Sees Becoming Cash Flow Positive
24.8.2020
The company expects 1,000 more S19 machines by December
Bitcoin Mining Difficulty Hits a New Record, Estimated to Rise Further
24.8.2020
The difficulty of mining bitcoin (BTC) has just reached another all-time high, after rising more than expected during today’s difficulty adjustment. Meanwhile, the network’s hashrate is still below its all-time high from back in July.
As reported five days ago, bitcoin’s mining difficulty, which...
Re-Mining Simulation Shows Satoshi Used a Single High-End PC to Mine 1.1M Bitcoin
23.8.2020
Cryptocurrency advocates have been recently discussing the mysterious Bitcoin inventor Satoshi Nakamoto as RSK’s chief scientist, Sergio Dermain Lerner, published a paper called “The Patoshi Mining Machine.” Essentially, Lerner simulated Satoshi’s mining experience....
Miners on Decentralised Storage Network Compete For 4 Million Token Prize
23.8.2020
It’s a different kind of Space Race
Iran Shuts Down 1,100 Illegal Bitcoin Miners; Whistleblowers Rewarded $2,400
23.8.2020
Iran’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly shut down 1,100 illegal bitcoin mining farms in the country, local media reported. Whistle-blowers tipped off authorities on unauthorized miners following a July announcement of rewards including...
Researcher Re-mined Satoshi's Bitcoin Blocks To Discover His Secrets
23.8.2020
Satoshi Nakamoto used a single PC to mine 1.1M Bitcoin
Bitcoin Mining Facility With Room for 50,000 Rigs Set to Launch in Kazakhstan
21.8.2020
The 180 megawatt facility that will be able to host 50,000 bitcoin mining rigs is set to launch sometime in early September
Ethereum Classic Labs Plans ‘Defensive Mining’ Strategy as Hash Rate Plummets
21.8.2020
The network’s hash rate has fallen 74% since January
Los Alamos Scientists Develop AI to Fight Cryptojacking
21.8.2020
Their neural network works faster and more reliably than non-AI systems, researchers said
An AWS Virtual Machine Is Infected With Mining Malware. There Could Be Others
21.8.2020
A monero mining script has been embedded in a public instance of an AWS virtual machine. How many others are similarly infected?
Shock: Ethereum Miners Against Proposal to Reduce Block Rewards by 75%
21.8.2020
The new EIP-2878 would reduce block rewards by 75% and has received sharp criticism from miners who say it will compromise the network’s security
Two Suspects Arrested in USD 1.5m Crypto Mining Electricity Theft
20.8.2020
Source: Adobe/Артем Константинов
Officials from the Oblast Directorate of the Ministry of Interior Affairs (ODMVR) and CEZ Electro Bulgaria have reportedly made two arrests in what is described as the “largest theft” of electricity for cryptocurrency mining in the Balkan country.
The two...
China’s Bitcoin Mining Industry Impacted the Most This Year, Says Report
20.8.2020
The researchers and analysts from Tokeninsight published it’s “2020 Q2 Cryptocurrency Mining Industry Report” which shows the industry has grown exponentially during the last six months. The findings indicate cryptocurrency mining has expanded a great deal but China’s...
Monero Cryptojacking Malware Targets Higher Education
20.8.2020
Guardicore Labs explains that FritzFrog uses a brute-force attack on millions of addresses to gain access to servers